Sitka Gold Appoints Gilles Dessureau as Vice President of Exploration and Strengthens Its Technical Advisory Team
Sitka Gold Corp (TSXV: SIG) (OTCQB: SITKF) has announced key leadership changes and additions to strengthen its technical team. Gilles Dessureau, M.Sc., P.Geo., has been appointed as Vice President of Exploration, succeeding Greg Dawson who will transition to Senior Technical Advisor while maintaining his Director role.
Dessureau, who has served as Senior Project Manager at the RC Gold Project since 2023, brings over 20 years of industry experience. The RC Gold Project currently holds a mineral resource estimate of 1.3 million ounces of gold indicated and 1.5 million ounces of gold inferred, according to a January 2025 NI 43-101 technical report.
Additionally, Brad Thrall, B.Sc., MBA, a metallurgical engineer with 35+ years of experience and former President of Alexco Resource Corp, has joined the company's Technical Advisory team. These appointments aim to advance the RC Gold Project and other mineral properties in Sitka's portfolio.
Sitka Gold Corp (TSXV: SIG) (OTCQB: SITKF) ha annunciato importanti cambiamenti e aggiunte nella leadership per rafforzare il suo team tecnico. Gilles Dessureau, M.Sc., P.Geo., è stato nominato Vice Presidente per l'Esplorazione, succedendo a Greg Dawson che passerà a Consulente Tecnico Senior mantenendo il suo ruolo di Direttore.
Dessureau, che ha ricoperto il ruolo di Senior Project Manager presso il RC Gold Project dal 2023, porta con sé oltre 20 anni di esperienza nel settore. Il RC Gold Project attualmente detiene una stima delle risorse minerarie di 1,3 milioni di once d'oro indicate e 1,5 milioni di once d'oro inferite, secondo un rapporto tecnico NI 43-101 di gennaio 2025.
Inoltre, Brad Thrall, B.Sc., MBA, ingegnere metallurgico con oltre 35 anni di esperienza e ex Presidente di Alexco Resource Corp, si è unito al team di Consulenza Tecnica dell'azienda. Queste nomine mirano a far avanzare il RC Gold Project e altre proprietà minerarie nel portafoglio di Sitka.
Sitka Gold Corp (TSXV: SIG) (OTCQB: SITKF) ha anunciado cambios y adiciones clave en su liderazgo para fortalecer su equipo técnico. Gilles Dessureau, M.Sc., P.Geo., ha sido nombrado Vicepresidente de Exploración, sucediendo a Greg Dawson, quien pasará a ser Asesor Técnico Senior manteniendo su rol como Director.
Dessureau, quien ha sido Gerente de Proyecto Senior en el RC Gold Project desde 2023, aporta más de 20 años de experiencia en la industria. El RC Gold Project actualmente tiene una estimación de recursos minerales de 1,3 millones de onzas de oro indicadas y 1,5 millones de onzas de oro inferidas, según un informe técnico NI 43-101 de enero de 2025.
Además, Brad Thrall, B.Sc., MBA, un ingeniero metalúrgico con más de 35 años de experiencia y ex Presidente de Alexco Resource Corp, se ha unido al equipo de Asesoría Técnica de la empresa. Estos nombramientos tienen como objetivo avanzar en el RC Gold Project y otras propiedades minerales en el portafolio de Sitka.
시트카 골드 코퍼레이션 (TSXV: SIG) (OTCQB: SITKF)는 기술 팀을 강화하기 위한 주요 리더십 변화와 추가 사항을 발표했습니다. 질 데슈로, M.Sc., P.Geo.가 탐사 부사장으로 임명되었으며, 그레그 도슨은 이사직을 유지하면서 수석 기술 고문으로 전환할 예정입니다.
2023년부터 RC 골드 프로젝트의 수석 프로젝트 관리자 역할을 맡고 있는 데슈로는 20년 이상의 업계 경험을 가지고 있습니다. RC 골드 프로젝트는 현재 130만 온스의 금 자원 추정치와 150만 온스의 금 추정치를 보유하고 있으며, 이는 2025년 1월 NI 43-101 기술 보고서에 따른 것입니다.
또한, 브래드 쓰롤, B.Sc., MBA, 35년 이상의 경험을 가진 금속 공학자로 알렉스코 리소스 코퍼레이션의 전 사장이었던 그는 회사의 기술 자문 팀에 합류했습니다. 이러한 임명은 RC 골드 프로젝트와 시트카의 포트폴리오에 있는 다른 광물 자산을 발전시키기 위한 것입니다.
Sitka Gold Corp (TSXV: SIG) (OTCQB: SITKF) a annoncé des changements et des ajouts clés dans sa direction pour renforcer son équipe technique. Gilles Dessureau, M.Sc., P.Geo., a été nommé Vice-Président de l'Exploration, succédant à Greg Dawson qui passera au poste de Conseiller Technique Senior tout en conservant son rôle de Directeur.
Dessureau, qui a été Responsable de Projet Senior au RC Gold Project depuis 2023, apporte plus de 20 ans d'expérience dans l'industrie. Le RC Gold Project détient actuellement une estimation des ressources minérales de 1,3 million d'onces d'or indiquées et 1,5 million d'onces d'or inférées, selon un rapport technique NI 43-101 de janvier 2025.
De plus, Brad Thrall, B.Sc., MBA, un ingénieur métallurgiste avec plus de 35 ans d'expérience et ancien Président d'Alexco Resource Corp, a rejoint l'équipe de Conseil Technique de l'entreprise. Ces nominations visent à faire avancer le RC Gold Project et d'autres propriétés minérales dans le portefeuille de Sitka.
Sitka Gold Corp (TSXV: SIG) (OTCQB: SITKF) hat wichtige Veränderungen und Ergänzungen in der Führung angekündigt, um sein technisches Team zu stärken. Gilles Dessureau, M.Sc., P.Geo., wurde zum Vizepräsidenten für Exploration ernannt und folgt auf Greg Dawson, der zum Senior Technical Advisor wechselt und gleichzeitig seine Rolle als Direktor beibehält.
Dessureau, der seit 2023 als Senior Project Manager beim RC Gold Project tätig ist, bringt über 20 Jahre Branchenerfahrung mit. Das RC Gold Project hat derzeit eine Schätzung der Mineralressourcen von 1,3 Millionen Unzen Gold angegeben und 1,5 Millionen Unzen Gold abgeleitet, laut einem technischen Bericht NI 43-101 aus Januar 2025.
Darüber hinaus hat Brad Thrall, B.Sc., MBA, ein Metallurge mit über 35 Jahren Erfahrung und ehemaliger Präsident von Alexco Resource Corp, dem technischen Beratungsteam des Unternehmens beigetreten. Diese Ernennungen zielen darauf ab, das RC Gold Project und andere Mineralressourcen im Portfolio von Sitka voranzubringen.
- Significant resource base: 1.3M oz gold indicated + 1.5M oz inferred at RC Gold Project
- Strengthened technical team with experienced leadership appointments
- New VP of Exploration brings 20+ years relevant regional expertise
- Addition of seasoned metallurgical advisor with 35+ years experience
- None.
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce the appointment of Gilles Dessureau, M.Sc., P.Geo., to the position of Vice President of Exploration. Mr. Dessureau will succeed Greg Dawson as V.P. Exploration, who will remain as a Director and transition to the role of Senior Technical Advisor for the company. The Company is also pleased to announce that Brad Thrall, B.Sc., MBA, will join its Technical Advisory team as a metallurgical advisor.
Since 2023, Mr. Dessureau has served as Sitka's Senior Project Manager at the RC Gold Project in Yukon, playing a key role in the advancement of the Company's flagship project which now has a mineral resource estimate of 1.3 million ounces of gold indicated and 1.5 million ounces of gold inferred(1). With over 20 years of experience Mr. Dessureau, brings a wealth of knowledge and experience to the role and will continue to lead the exploration team and advance the RC gold project through the next exciting phases of exploration.
(1) These resource estimate numbers are supported by the recently updated technical report for RC Gold, prepared in accordance with NI 43-101 standards, entitled "Clear Creek Property, RC Gold Project NI 43-101 Technical Report Dawson Mining District, Yukon Territory", prepared by Ronald G. Simpson, P. Geo., of GeoSim Services Inc. with an effective date of January 21, 2025.
"We are thrilled to announce Mr. Dessureau's appointment as Sitka's new VP of Exploration," said Cor Coe, Director and CEO of Sitka Gold. "Gilles has played a key role in the advancement of our flagship RC Gold project over the past couple of years. His years of extensive experience advancing numerous mineral projects across Yukon, from greenfields to feasibility and production, adds significant talent to our team as we push forward to rapidly advance RC Gold and continue unlocking value from Sitka's portfolio of exciting mineral properties. We would also like to thank Greg Dawson for his exemplary work as VP of Exploration during what has been a transformative period for the Company. We look forward to continuing to work with Greg as a Director of the Company and in his new role as Senior Technical Advisor."
Mr. Dessureau is a Professional Geologist with over 20 years of experience in the mineral exploration and development industry in Canada, focused on the Western Cordillera, including Yukon and British Columbia, as well as other locations throughout North America. He is the Owner/Principal Geologist of Solidus Geological Services (since 2007) and has been providing geological and managerial services to a wide variety of companies in the mineral exploration industry. Mr. Dessureau graduated with a Master's degree from Laurentian University in Sudbury following a Bachelor's degree in Geology from St. Mary's University in Halifax. He is a Professional Geologist registered with Engineers and Geoscientists British Columbia (EGBC) and the Association of Professional Geologists of Ontario (APGO).
Mr. Dessureau has been instrumental in advancing several major exploration and development projects throughout the Yukon Territory, including Fireweed Zinc's Macmillan Pass Project, Golden Predator's Brewery Creek and 3 Aces projects, and Yukon Zinc's Wolverine polymetallic VMS deposit, advancing it through pre-feasibility and into commercial production.
Greg Dawson, MSc., P.Geo, who is currently a Director and Vice President Exploration of the Company, will remain as a Director and transition to the role of Senior Technical Advisor. In this role Mr. Dawson will continue to provide technical oversight of the Company's exploration programs and the further advancement of the Blackjack and Eiger mineral resources.
Brad Thrall is a Metallurgical Engineer with more than 35 years of experience including corporate executive roles and mine development operations positions. Most recently, Mr. Thrall was a co-founder and President of Alexco Resource Corp. until it was acquired by Hecla Mining in September 2022. Mr. Thrall is currently a Director of Rockhaven Resources, a Technical Advisor to Banyan Gold and a Board Member of the Yukon Minerals Advisory Board. Mr. Thrall holds a B.Sc. in Metallurgical Engineering from South Dakota School of Mines and Technology and an MBA from the University of Colorado.
"We are very pleased to have Brad join Sitka's technical advisory team," said Cor Coe, Director and CEO of Sitka Gold. "Brad's long history in the Yukon and metallurgical expertise working on several Yukon projects with similarities to the gold deposits at the RC Gold Project will help guide ongoing metallurgical studies as we continue to advance RC Gold."
About the flagship RC Gold Project
The RC Gold Project consists of a 431 square kilometre contiguous district-scale land package located in the heart of Yukon's Tombstone Gold Belt. The project is located approximately 100 kilometres east of Dawson City, which has a 5,000 foot paved runway, and is accessed via a secondary gravel road from the Klondike Highway which is usable year-round and is an approximate 2 hour drive from Dawson City. It is the largest consolidated land package strategically positioned mid-way between the Eagle Gold Mine and the past producing Brewery Creek Gold Mine.
The RC Gold Project now has pit-constrained mineral resources that are contained in two zones: the Blackjack and Eiger gold deposits with 1,291,000 ounces of gold grading 1.01 g/t gold in an indicated category and 1,044,000 ounces of gold grading 0.94 g/t in an inferred category at Blackjack and 440,000 ounces of gold grading 0.50 g/t gold in an inferred category at Eiger. These resource estimate numbers are supported by the recently updated technical report for RC Gold, prepared in accordance with NI 43-101 standards, entitled "Clear Creek Property, RC Gold Project NI 43-101 Technical Report Dawson Mining District, Yukon Territory", prepared by Ronald G. Simpson, P. Geo., of GeoSim Services Inc. with an effective date of January 21, 2025. This report is available on SEDAR+ (http://www.sedarplus.ca) and on the Company's website (www.sitkagoldcorp.com).
Both of these deposits begin at surface, are potentially open pit minable and amenable to heap leaching, with initial bottle roll tests indicating that the gold is not refractory and has high gold recoveries of up to
To date, 72 diamond drill holes have been drilled into this system by the Company for a total of approximately 25,136 metres. Other targets drilled to date include the Saddle, Josephine, Rhosgobel and Pukelman zones. The resource expansion drilling in 2023 at Blackjack produced results of up to 219.0 m of 1.34 g/t gold Including 124.8 m of 2.01 g/t gold and 55.0 m of 3.11 g/t gold in drill hole DDRCCC-23-047 (see news release dated September 26, 2023) and in 2024 results of up to 678.1 metres of 1.04 g/t gold starting from surface in DDRCCC-24-068, Including 409.5 metres of 1.36 g/t gold, 93.0 metres of 2.57 g/t gold and 5.5 metres of 17.59 g/t gold (see news release dated October 21, 2024).
A planned 30,000 metre diamond drilling program for 2025 is currently underway at RC Gold.
RC Gold Deposit Model
Exploration on the Property has mainly focused on identifying an intrusion-related gold system ("IRGS"). The property is within the Tombstone Gold Belt which is the prominent host to IRGS deposits within the Tintina Gold Province in Yukon and Alaska. Notable deposits from the belt include: Fort Knox Mine in Alaska with current Proven and Probable Reserves of 230 million tonnes at 0.3 g/t Au (2.471 million ounces; Sims 2018)(1); Eagle Gold Mine with current Measured and Indicated Resources of 233 million tonnes at a grade of 0.57 g/t Au at the Eagle Main Zone (4.303 million ounces; Harvey et al, 2022)(2); the Brewery Creek deposit with current Indicated Mineral Resource of 22.2 million tonnes at a gold grade of 1.11 g/t (0.789 million ounces; Hulse et al. 2020)(3); the Florin Gold deposit with a current Inferred Mineral Resource of 170.99 million tonnes grading 0.45 g/t (2.47 million ounces; Simpson 2021)(4); the AurMac Project with an Inferred Mineral Resource of 347.49 million tonnes grading 0.63 gram per tonne gold (7.00 million ounces)(5) and the Valley Deposit, with a current Indicated Mineral Resource of 4.05 million oz gold at 1.66 g/t and an additional Inferred Mineral Resource of 3.26 million oz at 1.25 g/t gold(6).
(1) Sims J. Fort Knox Mine Fairbanks North Star Borough, Alaska, USA National Instrument 43-101 Technical Report. June 11, 2018. https://s2.q4cdn.com/496390694/files/doc_downloads/2018/Fort-Knox-June-2018-Technical-Report.pdf
(2) Harvey N., Gray P., Winterton J., Jutras M., Levy M.,Technical Report for the Eagle Gold Mine, Yukon Territory, Canada. Victoria Gold Corp. December 31, 2022. https://vgcx.com/site/assets/files/6534/vgcx_-_2023_eagle_mine_technical_report_final.pdf
(3) Hulse D, Emanuel C, Cook C. NI 43-101 Technical Report on Mineral Resources. Gustavson Associates. May 31, 2020. https://minedocs.com/22/Brewery-Creek-PEA-01182022.pdf
(4) Simpson R. Florin Gold Project NI 43-101 Technical Report. Geosim Services Inc. April 21, 2021. https://sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=00005795&issuerType=03&projectNo=03236138&docI d=4984158
(5) Thornton T., Jutras M., Malhotra D. Technical Report Aurmac Property Mayo Mining District, Yukon Territory, Canada. JDS Energy and Mining Inc. February 6, 2024. https://banyangold.com/site/assets/files/5251/banyan_gold_ni_43-101_technical_report_2024_03_18.pdf
(6) Burrell H., Redmond D.J., Haggarty P., Rogue Gold Project: NI 43-101 Technical Report and Mineral Resource Estimate, Yukon Territory, Canada. Snowline Gold Corp. May 15, 2024. https://snowlinegold.com
Upcoming Events
Sitka Gold will be attending and/or presenting at the following events*:
- PDAC - Toronto, ON: March 2 - 5, 2025
- Tombstone Gold Belt Breakfast - Delta Hotel, Toronto, ON: March 3, 2025
- Swiss Mining Institute - Zurich, Switzerland: March 18 - 19, 2025
- 121 Mining Investment - London, England: May 12 - 13, 2025
- Canaccord Global Metals and Mining Conference - Henderson, NV: May 20 - 22, 2025
- Yukon Mining Alliance - Dawson City, Yukon: July 9 - 14, 2025
*All events are subject to change.
About Sitka Gold Corp.
Sitka Gold Corp. is a well-funded mineral exploration company headquartered in Canada with approximately
*For more detailed information on the Company's properties please visit our website at www.sitkagoldcorp.com.
The scientific and technical content of this news release has been reviewed and approved by Cor Coe, P.Geo., Director and CEO of the Company, and a Qualified Person (QP) as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SITKA GOLD CORP.
"Donald Penner"
President and Director
For more information contact:
Donald Penner
President & Director
778-212-1950
dpenner@sitkagoldcorp.com
or
Cor Coe
CEO & Director
604-817-4753
ccoe@sitkagoldcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary and Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-Looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions and the Company's anticipated work programs.
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, market uncertainty and the results of the Company's anticipated work programs.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242607
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