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The first ever diamond drill holes by Sitka Gold at the Rhosgobel intrusion at its RC Gold project in western Yukon have returned high grades from relatively shallow depths. Shares rose.
“The results of the first two diamond drill holes ever drilled at the Rhosgobel intrusion target have exceeded our expectations,” Car Coe, Sitka CEO and director, said in a news release. “Rhosgobel is the largest intrusion target within the Clear Creek Intrusive Complex and these holes have confirmed that robust gold mineralization persists here to a vertical depth of at least 300 metres.”
Drill hole DDRCRG-24-002 returned 173.3 metres at 0.6 gram gold from 97 metres depth, including 28.4 metres grading 1.37 grams gold, 12.4 metres at 2.43 grams gold, and 1.1 metres at 8.99 grams gold. The gold mineralization in all of the intrusions suggests the CCIC forms a large system which potentially hosts several gold deposits.
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