Coppermine River PROPERTY
Sitka Gold, through its wholly owned subsidiary Arctic Copper Corp., holds over 50,000 hectares of mining claims in the Coppermine River area in Nunavut that exhibit exceptional potential to host economic grade copper and silver mineralization. In 2015 a first phase exploration program was conducted on the Coppermine River Property that was comprised of prospecting, geological mapping and a gravity geophysical ground survey. Prospecting during the exploration program culminated in the discovery of a new sedimentary hosted copper showing (the ‘Copper Leaf’ showing) and a coincident gravity anomaly over the mineralized area. The Copper Leaf showing is comprised of disseminated plus massive chalcocite and malachite mineralization within the Husky Creek sandstones. Grab samples were taken from several mineralized occurrences within the sandstone unit while prospecting the Gabbro-Sediment contact along a 2km stretch extending southward from the Copper Leaf showing. Copper and silver assays from these samples returned values as high as 13.45% Cu and 65 g/t Ag. This bodes well for the discovery of large sediment hosted copper deposits in this area, given that this dike-sediment contact extends for more than 12km through the Company's mining claims. The Company is in receipt of a technical report by Scott Close, P.Geo., dated Dec. 15, 2015 on its Coppermine River Property that includes the most recent results of the 2015 exploration program.
See claims map
Plan Map Copper Leaf Showing
Gravity Anomaly Profile Copper Leaf Showing