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SITKA GOLD (SITKF) Stock News

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Sitka Gold Corp. reports exploration and technical developments for its 100% owned RC Gold Project in Yukon. Company news centers on diamond drilling, mineral resource estimates, technical reports and metallurgical testing across the Blackjack, Eiger and Rhosgobel gold deposits within the Clear Creek Intrusive Complex.

Recurring updates also cover tungsten mineralization at Rhosgobel, including scheelite observations, WO3 assays and recovery testwork that evaluates tungsten as a potential by-product alongside gold. Additional company developments include board and governance changes, stock option grants and strategic portfolio actions involving Sitka's Nevada and Arizona gold and silver properties.

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Sitka Gold (SITKF) completed its planned diamond drilling campaign at the RC Gold Project in Yukon, drilling 59,531 metres. The 2026 program comprised 149 holes; results from 59 have been announced, while 90 holes totalling approximately 30,242 metres remain pending.

A visible gold vein was discovered within a lamprophyre, a type of igneous rock, at the Pukelman intrusion in hole DDRCCC-26-190. Visible gold observations do not establish potential grades. Previously announced Saddle Zone hole DDRCCC-26-156 returned 236.0 metres of 1.15 grams per tonne gold, including 71.0 metres of 2.79 grams per tonne. Sitka plans to use the drilling to update and upgrade resource estimates at Blackjack, Eiger and Rhosgobel, and assess potential initial estimates at Pukelman/Contact and Bear Paw Breccia.

Tim Termuende joined the board as chairman, effective immediately.

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Sitka Gold (SITKF) reported new gold drilling results from Saddle and Eiger at its RC Gold Project in Yukon. Saddle hole DDRCCC-26-156 returned 236.0 metres of 1.15 grams per tonne gold, including 71.0 metres of 2.79 grams per tonne and 36.3 metres of 3.31 grams per tonne. Eiger hole DDRCCC-26-150 returned 45.5 metres of 1.16 grams per tonne and a separate 16.4 metres of 1.95 grams per tonne; hole DDRCCC-26-155 returned 18.1 metres of 2.36 grams per tonne.

Drilling confirmed a continuous sheet of intrusive rock linking Blackjack through Saddle to Eiger across approximately 2 kilometres. Sitka sees potential for Saddle mineralization, within the existing Blackjack pit boundary, to add tonnage to a future mineral resource estimate. Approximately 58,000 metres in 143 holes have been completed toward the planned 60,000-metre 2026 program. Results for 84 holes remain pending, with six rigs operating.

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Sitka Gold (SITKF) appointed Samantha Shorter as an independent director with immediate effect and named her Chair of the Audit Committee. Shorter has 19 years of experience in executive leadership, financial compliance and financial analysis for public and private companies. She is a chartered professional accountant and previously managed mining-focused audit engagements at Davidson & Company.

At RC Gold, 135 holes totaling over 56,000 metres have been drilled this year under a planned 60,000 metre diamond drilling program, with six drills operating. Recently released Blackjack hole DDRCCC-26-133 intersected 141.5 metres of 1.93 grams of gold per tonne, including 80.6 metres of 3.20 grams per tonne and 6.0 metres of 9.46 grams per tonne. Laboratory results are pending for the remaining 79 completed holes and holes currently being drilled.

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Sitka Gold (SITKF) reported new 2026 drill assays from the Blackjack, Saddle and Eiger areas at its RC Gold Project in Yukon, confirming a high‑grade gold zone and expanding near‑surface mineralization within the Blackjack resource pit shell.

Flagship hole DDRCCC‑26‑133 at Blackjack cut 141.5 m of 1.93 g/t gold, including 80.6 m of 3.20 g/t and 6.0 m of 9.46 g/t, below the current resource shell, one of the strongest intervals drilled on the project. At the Saddle Zone, near‑surface intercepts such as 17.5 m of 2.68 g/t and 14.2 m of 2.74 g/t lie inside the Blackjack pit shell but outside the current resource, extending mineralization over roughly 550 m of strike. Step‑out hole 139 at Eiger returned 30.5 m of 1.46 g/t, including 6.5 m of 6.15 g/t, pushing mineralization west toward Saddle. About 50,000 m of a planned 60,000 m 2026 diamond drill program have been completed across multiple zones, while existing pit‑constrained resources total 1.291 Moz indicated and 3.829 Moz inferred gold.

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Sitka Gold (SITKF) reported new 2026 drill results that expand the Rhosgobel deposit at its 100%-owned RC Gold Project in Yukon.

Hole DDRCRG‑26‑071 intersected 159.2 m of 1.14 g/t gold, including 7.3 m of 8.89 g/t gold, within a broader 256.9 m of 0.84 g/t gold. Hole 26‑059 cut 43.5 m of 1.29 g/t gold within 217.9 m of 0.52 g/t gold, and hole 26‑061 returned 82.0 m of 0.75 g/t gold, including 10.4 m of 1.03 g/t gold, within 322.0 m of 0.50 g/t gold. Hole 26‑063 intersected 13.9 m of 0.383% WO3, confirming tungsten mineralization.

Drilling has now traced near‑surface RIRGS mineralization over ~1.6 km of strike, with gold confirmed up to 350 m east of 2025 drilling, and the deposit remains open along strike and at depth. About 45,000 m of a planned 60,000 m 2026 program have been completed using seven rigs across Blackjack, Eiger, Rhosgobel and other targets. RC Gold hosts an indicated resource of 1.291 Moz gold and an inferred resource of 3.829 Moz gold in three pit‑constrained, near‑surface deposits.

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Sitka Gold (OTCQX: SITKF) has completed its accelerated acquisition of a 100% interest in the Clear Creek Property from the Receiver of Victoria Gold, following an Ontario Superior Court approval and vesting order on August 18, 2026. This consolidates Sitka’s 100% ownership of the contiguous 447 km² RC Gold Project in Yukon.

Clear Creek hosts the Rhosgobel deposit plus the Pukelman-Contact and Bear Paw Breccia targets, where drilling is underway. A 60,000 m 2026 diamond drill program is in progress, with about 37,000 m (76 holes) completed. RC Gold currently has an indicated MRE of 1.291 Moz gold and an inferred MRE of 3.829 Moz gold in three at-surface, pit-constrained deposits, supported by metallurgical tests showing gold recoveries generally around 77–96%.

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Sitka Gold (OTCQX: SITKF) reported strong new drill results from its 100%-owned RC Gold Project in Yukon. Hole DDRCCC-26-132 intersected 218.6 m of 1.25 g/t gold, including 44.4 m of 3.86 g/t gold, plus a separate 92.7 m interval grading 1.14 g/t gold.

Hole DDRCCC-26-129 returned 118.0 m of 0.50 g/t gold, 32.0 m of 1.44 g/t gold and 55.0 m of 0.48 g/t gold, extending mineralization up to 150 m east of the current Blackjack resource. About 32,000 m of drilling in 63 holes has been completed in 2026, including over 23,000 m at Blackjack/Saddle since the January 2025 resource update. RC Gold hosts an indicated 1,291,000 oz and inferred 3,829,000 oz of gold, and all 7,993,194 warrants from an August 2024 placement have been exercised for $3,037,414.

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Sitka Gold (OTCQX: SITKF) has entered an arrangement and separation agreement with PricewaterhouseCoopers, the court‑appointed receiver of Victoria Gold, to accelerate acquisition of a 100% interest in the Clear Creek Property, completing consolidation of the 447 km² RC Gold Project in Yukon.

At closing, Sitka will pay $6 million in cash, grant a 5.0% NSR royalty on Clear Creek, retain a right to buy the royalty down to 2.0% for $10 million, and hold a right of first refusal on any royalty sale. Clear Creek hosts the Rhosgobel inferred mineral resource of 2.25 Moz gold plus additional mineralized zones. The 2026 fully funded 60,000 m drill program (about 30,000 m and 59 holes completed to date) includes 45,000 m at Clear Creek and targets expansion of multiple deposits within Sitka’s 100% owned RC Gold Project, which already hosts indicated resources of 1.291 Moz and inferred resources of 3.829 Moz of gold.

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Sitka Gold (OTCQX: SITKF) reported new 2026 drill results from its 100%-owned, road-accessible RC Gold Project in Yukon, highlighting further expansion of the Blackjack and Rhosgobel deposits. At Blackjack, diamond drill hole DDRCCC-26-128 returned 348.0 metres grading 1.12 g/t gold, including 164.0 metres of 1.83 g/t gold, 45.0 metres of 3.49 g/t gold, plus high-grade sub-intervals of 2.0 metres at 15.35 g/t gold and 2.0 metres at 13.65 g/t gold.

At Rhosgobel, early 2026 holes include DDRCRG-26-049 with 74.8 metres of 0.91 g/t gold, including 56.1 metres of 1.12 g/t and 3.4 metres of 4.01 g/t, and DDRCRG-26-044 with 11.4 metres of 1.00 g/t and 28.1 metres of 1.08 g/t, including 7.3 metres of 2.87 g/t. Sitka has completed about 24,000 metres in 47 holes so far this year toward a planned 60,000 metre 2026 diamond drill program, with six rigs active across Blackjack, Rhosgobel, Saddle and Eiger.

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Sitka Gold (OTCQX: SITKF) filed an NI 43-101 technical report for its 100%-owned RC Gold Project in the Dawson mining district, Yukon. The report is dated July 10, 2026, with an effective date of February 25, 2026, and is available on SEDAR+ and the company website.

The RC Project hosts an indicated mineral resource estimate of 1,291,000 ounces of gold and an inferred resource of 3,829,000 ounces of gold in three at-surface, road-accessible, pit-constrained deposits. A 60,000 metre drill program is planned for 2026 to expand these deposits and test nearby targets. Tungsten trioxide and silver were excluded from the current Rhosgobel resource, which is reported on a gold-only basis.

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FAQ

What is the current stock price of SITKA GOLD (SITKF)?

SITKA GOLD (SITKF) last closed at $0.5993.

What is the market cap of SITKA GOLD (SITKF)?

The market cap of SITKA GOLD (SITKF) is approximately $260.0M.