Sitka Gold (CSE: SIG; FRA: 1RF) has received drilling permits from the Bureau of Land Management (BLM) in Nevada to drill up to 16 holes on its new claims at the Alpha Gold Project in the Cortez Trend in Nevada.
The company announced the acquisition of these additional claims northwest of the existing exploration licenses just a few days ago. Sitka can now very quickly and effectively test its exploration hypothesis, which assumes that the new claims contain mineralized limestone sediments of the so-called “Lower Plate”, which is famous along the Cortez trend for its finely distributed Carlin-type gold mineralization. Corresponding deposits of this type are mined by large mining companies such as Barrick and Kinross in huge open-cast mines on an industrial scale.
As recently reported, Sitka suspects the occurrence of the mineralized limestone layer at a comparatively shallow depth of 250 meters. To locate the first borehole, silt, sediment and rock samples were recently taken and sent to a laboratory for analysis.
Cor Coe, CEO and Director of Sitka, expects drilling to begin shortly: “The Company intends to begin drilling on this new target once the results of the fieldwork are available and a rig is secured.”
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