
← The KE Report19 okt · 16 min
Sitka Gold - Drill Results: High-Grade At The Saddle Zone, Expanding Gold Mineralization At The Blackjack-Saddle-Eiger Area
In this Company Update, we welcome back Mike Burke, Director and Vice President of Corporate Development at Sitka Gold Corp. (TSX-V: SIG | OTCQB: SITKF | FSE: 1RF). Mike discusses recent high-grade drill results from the RC Gold Project in Yukon, the geological controls guiding current and future exploration, and the timeline for upcoming resource updates.
Key discussion points include:
Record-Setting Saddle Zone Drill Results: An overview of recently reported holes from the Saddle and Eiger areas, highlighted by 236 meters of 1.15 g/t gold, including 71 meters of 2.79 g/t gold, and how these intercepts represent the strongest results drilled to date in the Saddle zone.
Turning Conceptual Waste into High-Value Ounces: Why defining gold within the conceptual open-pit boundary carries significant economic weight for the overall deposit footprint.
Geological Controls of Lamprophyre Dykes: How a distinct, intrusive unit has emerged as a predictive structural guide for tracking continuous mineralization along strike and down to significant depths.
Open-Pit vs. Underground Optionality: The technical parameters, depth profiles, and cutoff grades that could shape future tradeoffs between bulk-tonnage surface extraction and high-grade underground development.
Stepping Out to the Josephine Intrusion: How insights gained across the Blackjack-Saddle-Eiger trend are elevating regional exploration targets slated for future drill testing.
Assay Newsflow and MRE Expansion: An update on the near completion of the 60,000-meter drilling campaign, the massive backlog of pending assays, and the roadmap leading toward a revised mineral resource estimate.
If you have any follow up questions for the team at Sitka Gold please email me at Fleck@kereport.com.
Click here visit the Sitka Gold website to learn more about the Company - https://sitkagoldcorp.com/
------------------
For more market commentary & interview summaries, subscribe to our Substacks: