SITKF - Sitka Appoints Burke as Director and Vice President of Corporate Development
(TheNewswire)
VANCOUVER, CANADA – TheNewswire - March 08, 2022: Sitka Gold Corp. (“Sitka” or the“Company”) (CSE:SIG) (FSE:1RF) (OTC:SITKF) is pleased toannounce the appointment of Mike Burke as a Director and the VicePresident of Corporate Development for Sitka Gold Corp.
"I am very excited to welcome Mike to Sitka’s Board ofDirectors and as VP of Corporate Development," said Cor Coe,Director & CEO. "Mike brings an incredible wealth ofknowledge and experience to our team, garnered from his years ofworking as a professional geologist across both the private and publicsectors. During his career he has played an integral role in theadvancement of the Yukon’s mineral resource sector with the YukonGeological Survey (YGS) flourishing under his leadership for 20 years.He also has a track record of new discoveries and several successfulexploration programs completed during his time in the private sector.Along with his extensive technical and managerial abilities, Mike hasan international reputation as a very effective communicator betweenthe exploration industry and the financial community as well as aliaison with governmental regulators and officials. During hiscountless presentations and interviews over the years, Mike has builta sizable network of industry contacts with investment bankers,financial institutions and mining analysts across the globe. We lookforward to the expertise Mike will bring to our technical team and theextended reach he will provide in telling Sitka’s story to theinvestment and financial communities."
Added Mike Burke, “I am extremely pleased to be joining the team atSitka Gold whose persistence has resulted in a significant discoveryat the RC Gold Property in the Yukon portion of the Tombstone GoldBelt. The potential of the Tombstone Gold Belt in Yukon is beingrecognized with the current successful mining of the Eagle GoldDeposit by Victoria Gold Corp and the historical production from theBrewery Creek Mine of Sabre Gold. Many companies are active in theBelt and their persistence and accumulation of geological knowledge isbearing fruit with the recent new discoveries at the Eagle Deep, Ravenand Lynx zones by Victoria Gold, the discovery and expansion of thedeposits at the Aurmac Project of Banyan Gold and the new discoveriesmade by Snowline Gold Corp at their Jupiter and Valley Gold targets.
The 2021 discovery hole at the Blackjack zone on the RC Gold Propertyby Sitka, with a result of 220.1metres of 1.17 g/t gold (see news release dated February 17,2022), is a game changer and I look forward to working with the teamto expand on this result in addition to realizing the potentialelsewhere on their extensive land package in Yukon and in Arizona,Nevada and Nunavut.”
Mike Burke, B.Sc., P.Geo.
Director & VP of CorporateDevelopment
Mike has over 35 years experience in the mining industry primarily inthe Yukon. Mike’s career has covered a wide range of experienceincluding 20 years with the Yukon Geological Survey where he was theHead of Mineral Services. Mike was responsible for liaising withprospectors, mining and exploration companies, visiting activeexploration sites, authoring the annual Yukon Mining, Development andExploration Overview and presenting information on Yukon to investmentbankers, financial institutions and mining analysts in meetings andconferences around the world. Mike also has experience as anexploration and mine Geologist earlier in his career and was fortunateto be part of the exploration team that discovered the Sa Dena Heslead-zinc mine and the Ketza River Gold mine in the Yukon. Mostrecently, Mike was the Chief Geologist for Golden Predator in Yukonand Senior Operations Manager for Ensero Solutions, an environmentaland engineering consulting firm.
Mr. Burke holds a BSc in Geology from the University of BritishColumbia, is a Professional Geologist with the Engineers andGeoscientists of British Columbia and a member of the Society ofEconomic Geologists. Additionally, Mike is a Director of the YukonChamber of Mines (YCM). He has served on the Board of the YCMcontinuously since 2013 including holding the role of President from2015-2019.
About Sitka Gold Corp.
Sitka Gold Corp. is a mineral exploration company headquartered inCanada that is fully funded for its planned 2022 exploration programswith the completion of two financings totalling $9.2 million in 2021.The Company is managed by a team of experienced industry professionalsand is focused on exploring for economically viable mineral depositswith its primary emphasis on gold, silver and copper mineralproperties of merit. Sitka currently has an option to acquire a 100%interest in the RC, Barney Ridge, Clear Creek and OGI properties inYukon and the Burro Creek Gold property in Arizona. Sitka owns a 100%interest in its Alpha Gold property in Nevada, it’s Mahtin Goldproperty in the Yukon and it’s Coppermine River project in Nunavut.
Sitka is currently conducting a winter diamond drill program at its RCGold Project in the Yukon where the last hole drilled in 2021 (Hole21) resulted in the discovery of a new gold zone and returned 220.1 metres averaging 1.17 g/t gold fromsurface (see news release dated February 17, 2022).
The scientific and technical content of this news release has beenreviewed and approved by Cor Coe, P.Geo., Director and CEO of theCompany, and a Qualified Person (QP) as defined by National Instrument43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SITKA GOLD CORP.
“ DonaldPenner ”
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
Cautionary and Forward-LookingStatements
This news release containsforward ? looking statements and forward ? looking information within the meaning of applicable securitieslaws. These statements relate to future events or future performance.All statements other than statements of historical fact may beforward ? looking statements or information.Forward ? looking statements and information areoften, but not always, identified by the use of words such as“appear”, “seek”, “anticipate”, “plan”,“continue”, “estimate”, “approximate”, “expect”,“may”, “will”, “project”, “predict”, “potential”,“targeting”, “intend”, “could”, “might”, “should”,“believe”, “would” and similar expressions.
Forward-looking statements andinformation are provided for the purpose of providing informationabout the current expectations and plans of management of the Companyrelating to the future. Readers are cautioned that reliance on suchstatements and information may not be appropriate for other purposes,such as making investment decisions. Since forward ? looking statements and information address future events andconditions, by their very nature they involve inherent risks anduncertainties. Actual results could differ materially from thosecurrently anticipated due to a number of factors and risks. Theseinclude, but are not limited to, the expected timing and terms of theprivate placement, use of proceeds, anticipated work program, requiredapprovals in connection with the work program and the ability toobtain such approvals. Accordingly, readers should not place unduereliance on the forward ? looking statements,timelines and information contained in this news release. Readers arecautioned that the foregoing list of factors is not exhaustive.
The forward ? looking statements and information contained in this news releaseare made as of the date of this news release and no undertaking isgiven to update publicly or revise any forward ? looking statements or information, whether as a result of newinformation, future events or otherwise, unless so required byapplicable securities laws or the CSE. The forward-looking statementsor information contained in this news release are expressly qualifiedby this cautionary statement.
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