Minimize

Welcome!

Sitka Gold – New Pukelman Intrusive Target At The RC Gold Project, Surface Samples and Visible Gold In First 2 Drill Holes

Cory
October 31, 2024

Mike Burke, Director and VP of Corporate Development at Sitka Gold (TSX.V:SIG – OTCQB:SITKF – FRE:1RF) joins me to recap the news release from October 31st announcing surface samples from the newly acquired Pukelman Intrusive Target at the RC Gold Project, in the Yukon. 


Mike elaborates on why this new target was chosen and historical drilling data. He also shares details about current surface work, soil geochemistry, and future drilling plans. Additionally, the discussion covers Sitka Gold’s financial position with just under $11 million in the bank and how that sets the stage for extensive drilling programs next year. We conclude with information about expected news flow and pending drill results from other areas within the RC Gold Project, including the Rhosgobel and Blackjack areas.

 

If you have any follow up questions for Mike please email me at Fleck@kereport.com

 

Click here visit the Sitka Gold website to learn more about the Company.

Discussion
15 Comments
    Oct 31, 2024 31:06 PM

    Thanks Cory. Seems the explorers on another attack keeping them suppressed. This is good news. Hopefully performance becomes relevant someday.

    Nov 01, 2024 01:48 AM

    FREAKY FRIDAY………………..

    Noticed a lot of people gone missing …….

      Nov 01, 2024 01:04 AM

      Yep…everyday excep one in last two weeks has been headed to the bottom of the all time low channel. News met with negative hit … those stocks that were green are fewer again and no single stock over 25% gain. Tracked back walk down to Jan of 2021 until water fall hit starting several days beginning Mar 25 0f 2023 with 10% sideway channel until today. Currently less than midway in channel. Same algo used for almost 4 years with largely different stocks in the account since that date. Only common element is Junior Explorers with little Managed Money participation except mining money. Not much to talk about except common thread appears to be managed money seems to be saying they want to continue intervention in all markets, elect a political party that continues deregulation, which limits Regulatory authority and wants to weaken the legal system to preclude oversight or prosecution for corruption. That includes driving investors to passive activities where the individual investor gives their funds to managed money and they will determine winners and losers and not fundamentals. They will construct the facts that drive the charts. It looks like they are driving for assistance in achieving total control through a political change from a Democratic system to one without law or restrictions on corporate power. There is also a common thread of believing the party of “no” is the party of “yes” for unrestricted use of the Treasury for accomplishing those goals. I don’t know why it matters anymore as the current and future Treasury is depleted and financial system a fantasy.

        Nov 01, 2024 01:29 AM

        Great post LAKE….

        Lot of truth in that comment….
        DOJ , Treasury and CONGRESS……. three way circus…
        Congress steals the money, Treasury complies, and the DOJ protects the ring leaders….

    BDC
    Nov 01, 2024 01:47 AM

    https://www.tradingview.com/x/iMH4wyVt/
    NatGas : Which Way Election Day?

      BDC
      Nov 01, 2024 01:54 AM

      Energy Impacts of US Election Extend Globally

      The two candidates, US Vice President Kamala Harris and former President Donald Trump, have little in common on policy … The outcome will have major implications for topics ranging from LNG to climate diplomacy, oil and gas production, and low-carbon technologies.

      https://www.energyintel.com/00000192-dec7-d8de-a3b7-dfff954d0000

        Nov 01, 2024 01:36 AM

        Like Martin Armstrong said, “they all lie (the politicians) that’s what they do”. So having said that how can you predict any outcome. You can vote but it means nothing.

        You have to go back one hundred years when Calvin Coolidge was President, when he believed and America believed, that the nation with the greatest moral power will win, and if society lacks learning and virtue it will perish. The philosophy of hard work, frugal living and piety would lead to success.

        Instead, we now have a society where the person who gets away with cheating the system is thought of as being clever and the ultimate winner. DT

          Nov 01, 2024 01:30 AM

          Ditto DT………….. voting is a real joke…..

    Nov 01, 2024 01:32 AM

    Good drill results etc. don’t matter if Silver is dropping… I’ve sold most my stuff and am currently short silver… I should have done it sooner.

    https://www.tradingview.com/x/MN55puWP/

    Nov 01, 2024 01:41 PM

    Over 300 million people eligible to be the country’s leaders and somehow we were able to pick the most unqualified resulting in a bankrupt system with corruption everywhere … and we want to keep picking the same kind of politicians. Top it off with voters promoting politicians that want to end Democracy for personal gain and we can’t get enough of them. No wonder we are at each others throats …
    This problem was red flagged over 50 years ago when we began deregulating all the statutory controls setup to prevent another 1929 banking crisis. So here we are again … and it is somebody else’s fault like a 6 year old fleeing from a dictator in the Congo. Or some other monster to be afraid of so we can be saved by a band of thieves coming from every part of the country to hold meetings in DC and fail to honor their oath to the Constitution … but rather honor the oath to personal greed by gaining personal wealth and power. To not face this truth we can take up our available free time hating something or someone and be reinforced in that misplaced thinking by the social media of our choice rather than using common sense that we have all been gifted with from birth,