Drill Rig Secured For The Alpha Gold Property

VANCOUVER - Sitka Gold Corp. has signed a drill contract with Envirotech Drilling LLC of Winnemucca, Nevada.  The contract is for a planned 5,000 feet (1,524m) of Reverse Circulation drilling for continued exploration at its Alpha Gold Property, situated at the southeast end of the Cortez Trend in Nevada. Sitka recently received approval from the BLM of its amendment to its Alpha Notice of Intent to Drill after doubling its land position to cover significant additional Carlin-type alteration identified in the area. The Company now has 26 permitted drill sites available for its next phase of exploration.

The focus of the next phase of exploration will be to continue defining and expanding the limits of the mineralized system beneath the 7 km long surface alteration footprint while searching for grade. Each successive round of drilling has added important geological information and revealed increasingly prospective targets. The forthcoming drill program will further investigate the area around holes 05, 07, and 08, which returned assays of 0.41 g/t gold over 12.19 m, 0.41 g/t gold over 3.04 m, and 0.46 g/t gold over 15.24 m (including 1.1 g/t gold over 3.04 m). It’s highly unlikely the better zones have been hit yet in this nearly blind mineral system. The new drilling will test host stratigraphy in additional quadrants proximal to E-W to NNW structural intersections with strong surface alteration zones.  Carlin-type ore bodies can occur within fault zones or favor one side or the other and more information is needed from this mineralized area to pattern it. The hope is of course to discover underground mining grades in the process, though mineralization in holes 05 and 07 is potentially shallow enough for open pit mining.

The Frazier Creek target will also be drill tested, where strong surface alteration coincides with intersecting fold and fault structures. Surface alteration at Alpha has been a good guide to much higher grades at depth in host stratigraphy. The structural intersection at Frazier Creek is much larger than anything tested at Alpha NW.  

CEO and Director, Cor Coe, P.Geo., said, “Sitka’s upcoming drill program at Alpha Gold will focus on searching for grade as we vector towards the core of this 7 km long Carlin-type mineralized system. It is significant that this lies on the projection of Nevada’s prominent Cortez Trend, where several mega-deposits, such as Cortez Hills and Goldrush, are present. Results from each successive round of drilling over the last couple of years support our geological modeling and demonstrate that Alpha Gold has the geological framework required for the discovery of a major Carlin-type gold deposit.”