News & Media
SITKA PROVIDES YEAR END REVIEW & UPCOMING PLANS FOR YUKON, ARIZONA & NEVADA PROJECTS
VANCOUVER, CANADA – January 11, 2021: Sitka Gold Corp. (“Sitka” or the “Company”) (CSE:SIG) (FSE:1RF) is pleased to provide a summary of progress and accomplishments made over the past 12 months of activity and an overview of planned exploration programs for 2021 at its Burro Creek Property in Arizona, its Alpha Gold Property in Nevada and its RC Gold and OGI Projects in Yukon.
Recap and Highlights of 2020
Cor Coe, CEO and Director, stated: “Sitka’s list of accomplishments this past year are quite remarkable and would not have been possible without the extraordinary drive and focus of our highly experienced management team. We raised over $3 million last year and were able to deploy some of those funds to complete four separate drill programs on four separate properties located in Nevada, Arizona and Yukon during a time when newly enacted travel and work restrictions made for very challenging project logistics. The successful results we have produced this year further highlight management’s abilities to identify highly prospective gold and silver targets. The impressive new gold discoveries made during the inaugural drill program at our RC Gold Property in Yukon is further testimonial to the expertise of this team and I would like to thank them and all the project staff and contractors who contributed to the successful completion of our numerous exploration programs throughout 2020. Moving forward, our primary objective in 2021 is to follow up on the discoveries we have made at Burro Creek, RC Gold and Alpha Gold with additional drilling coupled with the integration of historical data and further surface sampling, mapping, geophysics, and ground and satellite-based multi-spectral imagery in order to rapidly advance our most prospective targets and ultimately develop new mineral resources in these proven and productive mining jurisdictions. The Company is well positioned to capitalize on what is shaping up to be a very eventful and exciting exploration year and is already starting to fulfill its 2021 objectives with a drill program at Alpha Gold scheduled to commence in the next few weeks.”
About Sitka Gold Corp.
Sitka Gold Corp. is a mineral exploration company headquartered in Canada and managed by a team of experienced mining industry professionals. The Company is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka currently has an option to acquire a 100% interest in the RC, Barney Ridge, Clear Creek and OGI properties in Yukon and the Burro Creek Gold property in Arizona. Sitka owns a 100% interest in its Alpha Gold property in Nevada, it’s Mahtin Gold property in the Yukon and it’s Coppermine River project in Nunavut. Directors and Management own approximately 15% of the outstanding shares of Sitka Gold Corp., a solid indication of their alignment with shareholders’ interests.
The scientific and technical content of this news release has been reviewed and approved by Cor Coe, P.Geo., Director and CEO of the Company, and a Qualified Person (QP) as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SITKA GOLD CORP.
President and Director
For more information contact:
President & Director
CEO & Director
Cautionary and Forward-Looking Statements
This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. Forward‐looking statements and information are often, but not always, identified by the use of words such as “appear”, “seek”, “anticipate”, “plan”, “continue”, “estimate”, “approximate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “would” and similar expressions.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the expected timing and terms of the private placement, use of proceeds, anticipated work program, required approvals in connection with the work program and the ability to obtain such approvals. Accordingly, readers should not place undue reliance on the forward‐looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.
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