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Sitka Gold has announced a significant increase in gold resource for the Blackjack deposit in Yukon, including its first in the indicated category, amounting to 1.29 million oz. at a gold grade of 1.01 grams per tonne .
The new resource was calculated from results of drilling in 2023-2024 in addition to the 7,074 metres completed to arrive at the initial estimate. “This updated resource estimation reflects the quality of this discovery, highlighted by the robust, non-refractory gold mineralization that has a significant core of higher-grade material of 1 g/t or greater that begins at surface and extends to a currently defined depth of 660 metres,” he added.The Blackjack deposit is part of Sitka’s flagship RC property that covers 431 sq. km of land within Yukon’s Tombstone gold belt.
To date, Sitka’s team has identified two at/near-surface deposits from the 11 gold-bearing intrusions found on the property. The latest resource update for Blackjack more than doubles the RC project’s contained gold, now sitting at about 2.7 million oz., nearly half of which are in the indicated category.
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