VANCOUVER, CANADA – June 13, 2024: Sitka Gold Corp. (“Sitka” or the “Company”)
(TSXV:SIG) (FSE:1RF) (OTCQB:SITKF) is pleased to announce that it has recommenced the
previously announced 15,000 metre diamond drilling program (see news release dated March 5,
2024) at its road accessible RC Gold Project (“RC Gold” or “the Project”) located in the prolific
Tombstone Gold Belt in the Yukon. Sitka successfully completed two diamond drill holes during the
winter portion of this year’s drilling program to test the continuity of higher-grade gold mineralization
south of the Blackjack gold deposit. A total of 1085 metres (m) was drilled during the winter program
with visible gold observed in both drill holes and assay results that returned 191.0 m grading 1.16 g/t
gold including 11.0 m of 5.80 g/t gold within 89.0 m of 2.03 g/t gold (DDRCCC-24-057 or “Hole 57”;
see news release dated May 1, 2024) and 154.0 m of 1.47 g/t gold including 37.0 m of 3.07 g/t gold
and 8.0 m of 4.61 g/t gold (DDRCCC-24-058 or “Hole 58”; see news release dated May 23, 2024).
“Drilling currently underway is focused on continuing to expand the Blackjack deposit following up on
the higher-grade gold mineralization discovered during the winter diamond drilling program outside of
the current resource,” said Cor Coe, Director and CEO of Sitka Gold Corp. “Our updated geological
model suggests this higher-grade gold zone continues south and we plan to investigate that
possibility this summer along with follow-up on several other high-priority targets as we push to
expand our rapidly growing gold resource and make additional discoveries across our one hundred percent owned, district-scale RC Gold Project.”
In addition to extending Blackjack gold mineralization to the southeast, objectives for the Company’s
2024 exploration season include further drilling of the Saddle East zone (84 m of 1.21 g/t gold drilled
in 2023), further drilling of the Eiger Deposit (Inferred Resource of 440,000 oz gold published in 2023), further drilling of the Josephine Stock (visible gold discovered at surface in 2023) and further
investigation of the nine known intrusions with associated gold mineralization that have been discovered to date on the Company’s 386 square kilometre RC Project. see & read more on
https://wp-sitkagold-2024.s3.ca-central-1.amazonaws.com/media/2024/06/Sitka-NR-24-14.pdf