Sitka Gold Stock Price, News & Analysis

Sitka Gold Corp. (OTCQB: SITKF) has reported significant progress in its 30,000-metre diamond drilling program at the RC Gold Project in Yukon's Tombstone Gold Belt. The company has completed over 15,000 metres of drilling, with visible gold observed in multiple drill holes across all four target areas: Blackjack, Saddle, Eiger, and Rhosgobel.

At the Rhosgobel target, 9 drill holes have outlined gold mineralization extending over 250 meters along strike and reaching depths of approximately 350 meters. The Blackjack and Saddle targets have seen 21 holes completed totaling 8,334 meters, while 8 holes have been completed at Eiger totaling 3,386 metres. The mineralization remains open in all directions, with four drill rigs currently operating across all targets.

Sitka Gold Corp. (OTCQB:SITKF) has launched its first-ever diamond drilling program at the Coppermine River Project in Nunavut. The program, contracted to Azrock Drilling Corp., will complete up to 1,000 metres of drilling targeting two high-priority copper areas:

1. The Copper Leaf showing, where surface samples revealed up to 13.45% copper and 65.0 g/t silver in sediment-hosted deposits. Gravity surveys indicate a 90-metre wide anomaly with over 400 metres of strike potential.

2. The WIN showing, located 55km northeast of Copper Leaf, which yielded impressive surface samples of up to 41.54% copper and 36.0 g/t silver in volcanic-hosted targets.

The project benefits from strategic positioning, located 30-60km from Kugluktuk's commercial airstrip and tide waters, with access to the newly viable Northwest Passage shipping route.

Sitka Gold Corp (OTCQB:SITKF) has announced significant drilling results from its RC Gold Project in Yukon's Tombstone Gold Belt. The company reported impressive results from the first hole of the season, DDRCCC-25-077, which intersected 211.2 metres of 1.13 g/t gold, including 73.2 metres of 2.05 g/t gold at the Blackjack deposit.

The company has completed over 10,000 metres in 23 holes of its planned 30,000-metre drill program, with four drill rigs currently operating at the Blackjack, Saddle, Eiger, and Rhosgobel zones. Notably, visible gold has been observed in all target areas drilled, including the first 3 holes at the Rhosgobel target. The drilling program is progressing ahead of schedule and under budget.

Sitka Gold Corp. (SITKF) reports significant gold mineralization from its RC Gold Project in Yukon's Tombstone Gold Belt. The extension of drill hole DDRCCC-25-076 yielded 65.0 metres of 2.00 g/t gold, including higher-grade intervals of 8.0m at 4.80 g/t and 6.26m at 5.53 g/t gold. The company is mobilizing a fourth drill rig to the Rhosgobel target, where up to 10,000m of drilling is planned following last year's discovery hole that returned 164.8m of 0.82 g/t gold. First-ever visible gold was observed in drill core from the Saddle zone. The company's 30,000-metre drill program is advancing rapidly with 17 holes totaling 6,127 metres completed to date within the Blackjack-Saddle-Eiger area.

Sitka Gold Corp has reported multiple instances of visible gold in the first drill holes of its summer 2025 drilling campaign at the RC Gold Project in Yukon's Tombstone Gold Belt. The company has launched a fully-funded 30,000-meter drilling program with three drills currently operating and a fourth rig on site. This ambitious campaign will more than double all previous drilling since 2020. Notable discoveries include the first-ever visible gold observations at the Eiger deposit and additional visible gold in Hole 76, which was extended to 944.9m, marking the deepest hole ever drilled at Blackjack. The drilling focuses on expanding the Blackjack and Eiger deposits while exploring the Saddle zone, where geological observations suggest a potential linkage between the two deposits. The program targets multiple high-priority areas within the Clear Creek Intrusive Complex, with drilling results pending for all current holes.

Sitka Gold (SITKF) has reported significant drilling results from its RC Gold Project in Yukon's Tombstone Gold Belt. Drill hole DDRCC-25-076 (Hole 76) intersected impressive gold mineralization, including 25.0 meters of 5.04 g/t gold (including 1.8 metres of 54.70 g/t gold) within 86.4 meters of 1.65 g/t gold, and a separate interval of 12.2 meters of 4.55 g/t gold within 94.0 meters of 1.15 g/t gold.

The hole, reaching a depth of 810.8 meters, is the deepest ever drilled at RC Gold, with strong mineralization continuing at depth. This is part of a fully funded 30,000-meter drilling program planned for 2025, with one drill currently operating and three more expected to begin soon at the Blackjack deposit.

Sitka Gold Corp (TSXV: SIG) (OTCQB: SITKF) is advancing its gold exploration activities in Canada's Yukon Territory. The company is executing one of the region's largest drill programs, focused on expanding its multi-million-ounce resource. Key highlights include:

• Strong infrastructure access to support operations
• Secured full financing for current operations
• Strategic location in one of Canada's premier gold belts

The company appears well-positioned to continue its resource discovery and development efforts in the Yukon Territory.

Sitka Gold Corp. (SITKF) has announced significant drilling results from its RC Gold Project in Yukon's Tombstone Gold Belt. The first drill hole of 2025 (DDRCCC-25-075) delivered exceptional results, intersecting 352.8 metres of 1.55 g/t gold, including 108.9 metres of 3.27 g/t gold and 45.0 metres of 4.52 g/t gold.

The results extend the high-grade gold zone discovered in late 2024, with grades appearing to increase with depth. Over 130 instances of visible gold were observed in Hole 75. A second hole (DDRCCC-25-076) was drilled to 810.8 metres depth, marking the deepest hole at Blackjack, with assays pending.

The project currently has a pit-constrained mineral resource of 1.29 Moz grading 1.01 g/t gold indicated and 1.04 Moz grading 0.94 g/t gold inferred. These new results suggest potential for underground mining below the existing resources.

Sitka Gold Corp (TSXV: SIG) has successfully closed a combined $11.86 million financing through both brokered and non-brokered private placements. The brokered offering, led by Beacon Securities and other underwriters, raised $10 million through 14,705,882 flow-through shares at $0.68 per share. An additional $1.86 million was raised through a non-brokered offering of 2,738,593 flow-through shares at the same price.

The proceeds will be used for Canadian exploration expenses at the RC Gold Project in Yukon Territory, with all qualifying expenditures to be renounced to subscribers by December 31, 2025. The company paid $600,000 in cash commission and issued 882,352 compensation options to the underwriters for the brokered portion.