Sitka Gold
Primary ticker: TSXV:SIG, OTCQB:SITKF, FRA:1RF
Stage of development: Exploration
Primary minerals: Gold, Silver, Copper
Project to promote: RC Gold Project and Alpha Gold Project
Project location: Yukon, Canada and Nevada, USA
Website: www.sitkagoldcorp.com
Corporate presentation: Click here
Sitka Gold Corp. is a well managed exploration company with a proven track record having recently announced a maiden 1.34 M oz gold resource at the RC Gold project in the Yukon Territory, Canada. The project is ideally located with year-round road access a two hour drive from the Dawson City airport capable of accommodating 737 aircraft. The project comprises a 376 Km2 land package, is the companies main focus. The property hosts nine known gold-bearing intrusions, is in the core of a 100 km portion of the Tintina Gold Belt where 10.15 M oz of gold resources have been announced since May, 2020. Sitka is diversified with additional significant gold, copper, silver and zinc assets in Nevada and Arizona, USA, the Yukon and Nunavut, Canada.
Cash: CAD$5.5M
Debt: NIL
Major shareholders:
Anna Marie Cox – 15%
Sprott Fund – 10%
Discovery Fund – 8%
HNW Individuals – 20%
Middlefield Fund – 8%
Management Ownership – ~12%
Financials
Management Profile
Cor Coe – Director & CEO
Cor has over 35 years’ experience in the mining industry working primarily in Arizona, Nevada, Nunavut and the Yukon. He has put two mines into production and is credited with the discovery of a 2.0 million ounce gold deposit.
What is your rationale for taking part in 121 Mining Investment?
Connect with current shareholders, strategic investors, investors who will buy in the market and long institutional investors.
What recent news would you like to highlight to investors attending?
SEPTEMBER 11th, 2023: “Sitka Intercepts 108.00 g/t gold over 1.2 metres within 4.15 g/t gold over 38.2 metres at its RC Gold Project, Yukon”
AUGUST 29th, 2023: “Sitka Gold Corp. closes $4 million private placement”
AUGUST 17th, 2023: “Sitka Encounters Visible Gold in Step-out Drilling 450 metres East of the Blackjack Deposit at its RC Gold Project, Yukon”
AUGUST 2nd, 2023: “Sitka Discovers Visible Gold on Surface at Josephine Zone 3.6 km East of the Blackjack Deposit at its RC Gold Project, Yukon”
What do you think makes your company such a compelling investment?
*Extremely undervalued compared to peers exploring for intrusive related gold
*Management team with the proven ability to aggressively explore and leverage its assets for shareholder gains
*In addition to Yukon assets exposure to a diverse portfolio of attractive projects in proven, mining-friendly jurisdictions – from discovery stage to resource expansion
*advancing two new discoveries: RC Gold in Yukon and Alpha Gold in Nevada.