In 2024, Sitka Gold (WKN A2JG70 / TSXV SIG) intersected a massive 678.1 meters averaging 1.04 grams of gold per tonne in hole 68 at the Blackjack gold deposit, 93 meters of which even returned 2.57 grams of gold per tonne! With the first drill hole of the 30,000-metre drill program in 2025 (DDRCCC-25-075), Sitka wanted to test both the vertical and horizontal extent of this high-grade mineralization - and now reports that no less than 130 instances of visible gold were observed in the drill cores obtained!
This hole, 715.97 meters long, is one of the longest holes Sitka has drilled at Blackjack to date. After an initial review of the drill core, geologists are now convinced that strong gold mineralization extends at least 70 metres to the northeast from hole 68. As Sitka's CEO Cor Coe explains, the increasing grades from hole 68 at depth already indicated that the drilling was vectoring in on the source of the impressive gold system.
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Sitka Gold: First drill hole 2025 shows 130 instances of visible gold!
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GOLDINVEST Consulting GmbH offers editors, agencies and companies the opportunity to publish comments, analyses and news on www.goldinvest.de. The content is intended solely for general information and is not a substitute for individual, expert investment advice. It does not constitute financial analysis or an offer to sell, nor is it a solicitation to buy or sell securities. Decisions made on the basis of the published information are made entirely at your own risk. No contractual relationship arises between GOLDINVEST Consulting GmbH and the readers or users, since our information relates exclusively to the company and not to personal investment decisions.
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The purchase of securities involves high risks that could lead to the total loss of the capital invested. Despite careful research, GOLDINVEST Consulting GmbH and its authors do not assume any liability for financial losses or the content-related guarantee regarding the timeliness, correctness, adequacy and completeness of the published information. Please also note our further terms of use.
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In accordance with §34b WpHG and §48f (5) BörseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and its partners, clients or employees hold shares in the above-mentioned companies. In addition, a consulting or other service agreement exists between these companies and GOLDINVEST Consulting GmbH, and it is possible that GOLDINVEST Consulting GmbH may buy or sell shares of these companies at any time. These circumstances may lead to conflicts of interest, as the above-mentioned companies pay GOLDINVEST Consulting GmbH for its reporting.
This hole, 715.97 meters long, is one of the longest holes Sitka has drilled at Blackjack to date. After an initial review of the drill core, geologists are now convinced that strong gold mineralization extends at least 70 metres to the northeast from hole 68. As Sitka's CEO Cor Coe explains, the increasing grades from hole 68 at depth already indicated that the drilling was vectoring in on the source of the impressive gold system.
Learn more now:
Sitka Gold: First drill hole 2025 shows 130 instances of visible gold!
Disclaimer
I. Information function and disclaimer
GOLDINVEST Consulting GmbH offers editors, agencies and companies the opportunity to publish comments, analyses and news on www.goldinvest.de. The content is intended solely for general information and is not a substitute for individual, expert investment advice. It does not constitute financial analysis or an offer to sell, nor is it a solicitation to buy or sell securities. Decisions made on the basis of the published information are made entirely at your own risk. No contractual relationship arises between GOLDINVEST Consulting GmbH and the readers or users, since our information relates exclusively to the company and not to personal investment decisions.
II. Risk Disclosure
The purchase of securities involves high risks that could lead to the total loss of the capital invested. Despite careful research, GOLDINVEST Consulting GmbH and its authors do not assume any liability for financial losses or the content-related guarantee regarding the timeliness, correctness, adequacy and completeness of the published information. Please also note our further terms of use.
III. Conflicts of interest
In accordance with §34b WpHG and §48f (5) BörseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and its partners, clients or employees hold shares in the above-mentioned companies. In addition, a consulting or other service agreement exists between these companies and GOLDINVEST Consulting GmbH, and it is possible that GOLDINVEST Consulting GmbH may buy or sell shares of these companies at any time. These circumstances may lead to conflicts of interest, as the above-mentioned companies pay GOLDINVEST Consulting GmbH for its reporting.
