Target Zone Intersects At Alpha Gold

VANCOUVER - Sitka Gold Corp. reported an update on the progress of its 2021 drill program currently underway at the Alpha Gold Project, located at the southeast end of the Cortez Gold Trend. Two additional drill holes (AG21-02 and AG21-03) have been completed since mobilization to the Project site commenced. Sitka is pleased to report that each of these drill holes have successfully intersected the Webb/Devil’s Gate contact zone where mineralization consistent with Carlin-type gold deposits was encountered. Carlin-type gold deposits are known to occur at this contact zone, below the Webb Formation at the top of the Devil’s Gate Formation, and this is the first time this target horizon has been intersected at the Alpha Gold Project.

Cor Coe, CEO and Director, said, “Having intersected this target horizon at what is considered to be a very attractive, mineable depth further supports our modeling and strengthens our position that Alpha Gold has the geological requirements necessary to host a large, Carlin-type gold deposit. The limestone encountered through the target horizon was highly altered and is considered to be excellent host rock with mineralization that is analogous to existing gold deposits along the Cortez Trend and more specifically the Goldrush deposit, approximately 40km to the northwest. We are eagerly awaiting the assay results from these drill holes."