Sitka consolidates Yukon camp with acquisition of Victoria Gold’s Clear Creek

  • 📰 mining
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

No 1 source of global mining news and opinion

Sitka Gold is expanding its district-scale landholding within the Clear Creek gold camp of Yukon by acquiring the Clear Creek property from Victoria Gold . The Clear Creek property adjoins Sitka’s flagship RC project and is 60 km southwest of Victoria’s Eagle gold mine.

“The purchase of Victoria Gold’s Clear Creek property marks a significant milestone in the evolution of the RC gold project as it consolidates the entire Clear Creek intrusive complex under one owner,” Sitka Gold’s CEO Cor Coe said in a news release. By acquiring the property, Sitka would add as many as four high-priority targets for intrusion-related gold deposits in the heart of Yukon’s Tombstone gold belt. The size of its RC property would also increase from 386 sq. km. to 431 sq. km.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 449. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines