Category: Uncategorized
April 7, 2004

News Release: Drilling Commences at Sullivan Deeps-Kimberley, B.C.

Stikine Gold Corporation ('Stikine'or the 'Company') announces that diamond drilling has commenced at the Company's Sullivan Deeps Project, located at Kimberley in southeastern British Columbia.
The project area covers 72 sq. km (26 sq. miles) and is located approximately 4 km (2.5 miles) north of the legendary Sullivan Mine. A prolific mine by any standard, the Sullivan produced approximately $20 Billion of zinc, lead, silver, tin, copper, and gold, making it British Columbia's largest mine on a metal value basis. Sullivan operated for nearly a century until its closure in December 2001. The Sullivan Deeps Target is defined by 30 years of exploration by Cominco Limited including several deep drill holes to test stratigraphy north of the Kimberley Fault. That drilling successfully demonstrated the same geological markers, mine markers and mine hangingwall stratigraphy that exists at Sullivan, evidencing 'Sullivan-Time'and sub-basin location at the target depth of 2,450m (8,000 ft). Drill hole #6464 also cut a narrow interval of 'debris flow'massive sulphides at Sullivan-Time. Interpretation of the drill information suggests that those holes were located too far to the west. The last drill hole (#6465), is now interpreted to have contacted the western edge of the Sullivan mineralized corridor that hosts the Sullivan Mine and two other hydrothermal vent centers (and past metal producers) known as the Stemwinder Mine and the North Star Mine.

Cominco conducted a final phase of exploration prior to the Sullivan's closure with the completion of a downhole UTEM geophysical survey of drill hole #6465. The geophysical data indicated a compelling conductor at the Sullivan-Time depth, and subsequent interpretation produced a 3,000m by 3,000m (9,800ft by 9,800ft) conductance anomaly located within the Sullivan Corridor east of the last drill hole. The extension of the north trending Sullivan Corridor, and the geophysical anomaly hosted within it, remains untested by drilling to date.

For more information on the Sullivan Deeps Project, a comprehensive geological report by N.C. Carter, Ph.D., P.Eng. can be accessed via SEDAR at www.sedar.com. Additional project and corporate information can be viewed at www.stikinegold.com, and a recent interview with the Company's President is available at www.smartstox.com.

STIKINE GOLD CORPORATION

Scott E. Broughton, P.Eng - President



CONTACT: TEL: (604) 684-5900 Ext. 114 Scott Broughton

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Stikine Gold Corp



TEL: (604) 684-5900 Ext. 110 John Mirko

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Stikine Gold Corp



TEL: (604) 684-5900 Ext. 147 David Skerlec

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Stikine Gold Corp

Internet: www.stikinegold.com

WEBSITE EMAIL

Videos / Webinars

View all videos