- Zones AG22-09 and 10 at Alpha Gold Project in Nevada have both now defined a new zone of strong alteration
- The company is “very excited to be continuing its exploration efforts at Alpha Gold”
- Sitka Gold Corp. is a well-funded mineral exploration company
- Sitka Gold Corp. (CSE:SIG) was trading at C$0.12 at 11 am EDT
Sitka Gold Corp. (SIG) has reported an update on a drill program at the Alpha Gold Project in Nevada.
Zones AG22-09 and 10 at Alpha Gold Project have both now defined a new zone of strong alteration in a North to north-northwest structure. Both holes hit strong silicification in Horse Canyon equivalent stratigraphy with zones of 5 to 10-plus per cent pyrite, including dark, discolored, and potentially arsenic-rich pyrite.
Originally, calcareous rocks near the fault zone are decalcified to completely karsted. AG22-10 encountered an 11.5 metre cavity. Drill results in combination with surface mapping indicate significant offset on this fault along at least two strands. AG22-10 started in the footwall of the fault and tested altered Horse Canyon equivalent there from 149 to 175 metres.
Cor Coe, P.Geo., CEO and Director of Sitka, commented:
“Drilling at Alpha Gold continues to rapidly advance our knowledge of the Carlin-type gold system we discovered last year. Visual observation of the new structural zone intersected in holes AG22-09 and -10 has us very excited as it appears to be the primary mineral control at Alpha Gold with the most robust alteration and Carlin-type mineralization observed to date. We eagerly await the results from these drill holes as we continue to vector toward the high-grade core of this Carlin-type gold system.”
Sitka Gold Corp. (CSE:SIG) was trading at C$0.12 at 11 a.m. EDT.