Sitka Intersects 211.2 Metres of 1.13 g/t Gold Including 73.2 Metres of 2.05 g/t Gold in First Hole of the Season and Provides Update on Drilling at Its RC Gold Project, Yukon
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 (OTCQB:SITKF) ha annunciato risultati significativi dalle perforazioni nel suo progetto RC Gold nella Tombstone Gold Belt dello Yukon. L'azienda ha riportato risultati impressionanti dal primo foro della stagione, DDRCCC-25-077, che ha intercettato 211,2 metri con 1,13 g/t di oro, inclusi 73,2 metri con 2,05 g/t di oro nel deposito Blackjack.
La società ha completato oltre 10.000 metri in 23 fori del programma di perforazione pianificato di 30.000 metri, con quattro trivelle attualmente operative nelle zone Blackjack, Saddle, Eiger e Rhosgobel. In particolare, oro visibile è stato osservato in tutte le aree target perforate, inclusi i primi 3 fori nell'area Rhosgobel. Il programma di perforazione sta procedendo in anticipo rispetto ai tempi previsti e con costi inferiori al budget.
Sitka Gold Corp (OTCQB:SITKF) ha anunciado resultados significativos de perforación en su proyecto RC Gold en el cinturón de oro Tombstone de Yukon. La compañía reportó resultados impresionantes del primer pozo de la temporada, DDRCCC-25-077, que intersectó 211.2 metros con 1.13 g/t de oro, incluyendo 73.2 metros con 2.05 g/t de oro en el depósito Blackjack.
La empresa ha completado más de 10,000 metros en 23 pozos de su programa de perforación planificado de 30,000 metros, con cuatro equipos de perforación operando actualmente en las zonas Blackjack, Saddle, Eiger y Rhosgobel. Cabe destacar que se ha observado oro visible en todas las áreas objetivo perforadas, incluyendo los primeros 3 pozos en el objetivo Rhosgobel. El programa de perforación avanza adelantado al cronograma y con un presupuesto inferior al previsto.
Sitka Gold Corp (OTCQB:SITKF)는 유콘의 Tombstone Gold Belt에 위치한 RC Gold 프로젝트에서 중요한 시추 결과를 발표했습니다. 회사는 이번 시즌 첫 번째 시추공 DDRCCC-25-077에서 211.2미터 구간에 1.13 g/t 금, 그 중 73.2미터 구간에 2.05 g/t 금이 확인되었다고 보고했습니다.
회사는 계획된 3만 미터 시추 프로그램 중 23개 구멍에서 1만 미터 이상을 완료했으며, 현재 Blackjack, Saddle, Eiger, Rhosgobel 지역에서 4대의 시추 장비가 운영 중입니다. 특히 모든 목표 지역에서 육안으로 금이 확인되었으며, Rhosgobel 목표 지역의 첫 3개 구멍에서도 발견되었습니다. 시추 프로그램은 예정보다 빠르게 진행 중이며 예산도 절감되고 있습니다.
Sitka Gold Corp (OTCQB:SITKF) a annoncé des résultats de forage significatifs pour son projet RC Gold dans le Tombstone Gold Belt du Yukon. La société a rapporté des résultats impressionnants du premier trou de la saison, DDRCCC-25-077, qui a intersecté 211,2 mètres à 1,13 g/t d’or, dont 73,2 mètres à 2,05 g/t d’or au gisement Blackjack.
La société a complété plus de 10 000 mètres en 23 trous de son programme de forage prévu de 30 000 mètres, avec quatre foreuses actuellement en opération sur les zones Blackjack, Saddle, Eiger et Rhosgobel. Notamment, de l’or visible a été observé dans toutes les zones cibles forées, y compris les 3 premiers trous sur la cible Rhosgobel. Le programme de forage progresse en avance sur le calendrier et sous budget.
Sitka Gold Corp (OTCQB:SITKF) hat bedeutende Bohrergebnisse von seinem RC Gold Projekt im Tombstone Gold Belt in Yukon bekannt gegeben. Das Unternehmen meldete beeindruckende Resultate aus dem ersten Bohrloch der Saison, DDRCCC-25-077, das 211,2 Meter mit 1,13 g/t Gold durchteufte, darunter 73,2 Meter mit 2,05 g/t Gold im Blackjack-Lagerstätte.
Das Unternehmen hat über 10.000 Meter in 23 Löchern seines geplanten 30.000-Meter-Bohrprogramms abgeschlossen, wobei derzeit vier Bohrgeräte in den Zonen Blackjack, Saddle, Eiger und Rhosgobel im Einsatz sind. Bemerkenswert ist, dass sichtbares Gold in allen gebohrten Zielgebieten beobachtet wurde, einschließlich der ersten 3 Löcher im Zielgebiet Rhosgobel. Das Bohrprogramm verläuft vor dem Zeitplan und unter Budget.
- Significant gold intersection of 211.2m at 1.13 g/t gold including 73.2m of 2.05 g/t gold in first hole
- Visible gold observed in all target areas across multiple drill holes
- Over 10,000 metres completed ahead of schedule and under budget
- Program expanding existing deposits with potential for additional gold deposits
- Four drill rigs currently operating simultaneously
- True widths of mineralization not yet determined due to insufficient drilling
- Majority of assay results still pending from recent drilling campaign
Visible gold intersected in all target areas drilled including the first 3 holes drilled this year at the Rhosgobel target
DDRCCC-25-077 intersects 211.2 m of 1.13 g/t gold including 73.2 m of 2.05 g/t gold
Over 10,000 metres in 23 holes of planned 30,000 m drill program completed to date
Sitka collars 100th drill hole on the RC Gold Project since initial drilling began in 2020
Four drill rigs currently turning at the Blackjack, Saddle, Eiger and Rhosgobel zones
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce assay results and provide an update on the 30,000 metre planned diamond drill program currently in progress at it
Table 1: Assay highlights for this release
*Intervals are drilled core length, as insufficient drilling has been completed at this time to determine true widths.
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"While we are still awaiting assays results for nearly all the holes completed since the start of our summer drill campaign, the presence of visible gold in drill core across all our target areas is a strong indication that our drilling program is successfully expanding our existing deposits and uncovering new zones with the potential to host additional gold deposits," said Cor Coe, Director and CEO of Sitka. "We are especially excited about the Rhosgobel target where VG has been observed in all three holes drilled so far this year, with the deepest observation at a down-hole depth of 314.7 metres in DDRCRG-25-004. This bodes very well for the discovery of an additional gold deposit at Rhosgobel, where the first ever diamond drill hole was completed last year and returned strong gold values of up to 164.8 metres of 0.82 g/t gold starting 9 metres from surface, including 119.0 metres of 1.05 g/t gold, 37.9 metres of 2.05 g/t gold and 11.5 metres of 4.32 g/t gold (see news release dated November 25, 2024). We look forward to a steady flow of assay results in the coming weeks and months as we work to showcase the potential of the Clear Creek Intrusive Complex to host multiple multi-million ounce gold deposits."
BLACKJACK DEPOSIT DRILLING
The drilling to expand the Blackjack deposit continues to intersect gold mineralization outside of the current pit-constrained mineral resource. Drilling is targeting both shallow and deeper portions of the Blackjack deposit and results from the first hole of the summer drilling campaign, DDRCCC-25-077, intersected 211.2 metres of 1.13 g/t gold including 73.2m of 2.05 g/t gold. An additional four holes totaling approximately 2,030 metres have been completed with all drill holes reported to contain observations of visible gold.
Figure 1: Cross Section of DDRCCC-25-077
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SADDLE ZONE DRILLING
The Saddle zone is located midway between the Blackjack and Eiger deposits and lies within the conceptual pit limit of the Blackjack mineral resource estimate. The Saddle zone drilling is designed to outline an initial resource in the Saddle zone area. Drilling in the Saddle zone has intersected quartz veining within weakly to moderately mineralized biotite schist cut by variably mineralized quartz monzonite dykes and sills and lamprophyre dykes. Visible gold has been observed within sheeted quartz veins cutting both the quartz monzonite dykes and mineralized metasediments.
EIGER DEPOSIT DRILLING
The Eiger deposit has not been drilled since its initial discovery in 2021. Drilling is planned to expand the deposit which is open in all directions. The Eiger intrusion consists of a fine grained diorite cut by occasional aplite and feldspar porphyry dykes. Quartz veining has been intersected within the metasediments and intrusive rocks in the current drilling with visible gold overserved in both metasediments and intrusives.
RHOSGOBEL TARGET DRILLING
Drilling has commenced on the Rhosgobel target with 3 holes collared to date stepping out from the discovery holes DDRCRG-24-001 and 002 which intersected 119.0 metres of 1.05 g/t gold including 37.9 metres of 2.05 g/t gold and 173.3 metres of 0.60 g/t gold including 28.4 metres of 1.37 g/t gold respectively (see news release dated November 25, 2024) in the first two diamond drill holes ever drilled within this target area. Drilling has intersected quartz monzonite intrusive with mineralized quartz veining and numerous fault zones. All drill holes have contained observations of visible gold.
Figure 2: Plan map of northern portion of the Clear Creek Intrusive Complex (CCIC) showing the 2025 drilling in the Blackjack, Saddle and Eiger zones.
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Figure 3: Plan map of the Rhosgobel intrusion showing the 2025 drilling.
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Figure 4: Examples of visible gold observed at Rhosgobel in DDRCRG-25-004
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Table 2: Summary of significant assay results from this release
*Intervals are drilled core length, as insufficient drilling has been completed at this time to determine true widths
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Figure 5: Regional map of the RC Gold Project located in the western portion of Yukon's prolific Tombstone Gold Belt.
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Figure 6: A plan map of the Clear Creek Intrusive Complex (CCIC) showing the updated resource areas at Blackjack and Eiger, and the six additional areas that have drill targets indicated by the mauve hatched areas. The map highlights the numerous drill targets that Sitka has outlined within the CCIC which all are connected by the road network on the project and occur in an area measuring five (5) km north-south and twelve (12) km east-west. Additional areas highlighted by strong gold in soil anomalies are being advanced to the drill ready stage with additional geological work in 2025.
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Quality Assurance/Quality Control
On receipt from the drill site, the HTW/NTW-sized drill core was systematically logged for geological attributes, photographed and sampled at Sitka's core logging facility. Sample lengths as small as 0.3 m were used to isolate features of interest, otherwise a default 2 m downhole sample length was used. Each sample is identified by a unique sample tag number which is placed in the bag containing the core to be assayed. Core was cut in half lengthwise along a predetermined line, with one-half (same half, consistently) collected for analysis and one-half stored as a record. Standard reference materials, blanks and duplicate samples were inserted by Sitka personnel at regular intervals into the sample stream. Bagged samples were placed in secure bins to ensure integrity during transport. They were delivered by Sitka personnel or a contract expeditor to ALS Laboratories' preparatory facility in Whitehorse, Yukon, with analyses completed in North Vancouver.
ALS is accredited to ISO 17025:2005 UKAS ref. 4028 for its laboratory analysis. Samples were crushed by ALS to over 70 per cent passing below two millimetres and split using a riffle splitter. One-thousand-gram splits were pulverized to over 85 per cent passing below 75 microns. Gold determinations are by fire assay with an inductively coupled plasma mass spectroscopy (ICP-AES) finish on 50 g subsamples of the prepared pulp (ALS code: Au-ICP-22). Any sample returning over 10 g/t gold was re-analyzed by fire assay with a gravimetric finish on a 50 g subsample (ALS code: Au-GRA21). In addition, a 51-element analysis was performed on a 0.5 g subsample of the prepared pulps by an aqua regia digestion followed by an inductively coupled plasma mass spectroscopy (ICP-MS) finish (ALS code: ME-MS41).
About the flagship RC Gold Project
Sitka's
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 in 39,962,000 tonnes grading 1.01 g/t gold in an indicated category and 1,044,000 ounces of gold in 34,603,000 tonnes grading 0.94 g/t in an inferred category at Blackjack and 440,000 ounces of gold in 27,362,000 tonnes 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
As of the end of 2024, the Company has drilled 72 diamond drill holes into this system 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 metres of 1.34 g/t gold including 124.8 metres of 2.01 g/t gold and 55.0 metres 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). Results from DDRCCC-25-075, completed during winter drilling in 2025, produced the best high-grade intercepts drilled to date at Blackjack, returning 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 (see news release dated April 22, 2025).
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 AurMac Project with an Inferred Mineral Resource of 347.49 million tonnes grading 0.63 gram per tonne gold (7.00 million ounces)(4) and the Valley Deposit, with a current Measured and Indicated Mineral Resource of 7.94 million oz gold at 1.21 g/t and an additional Inferred Mineral Resource of 0.89 million oz at 0.62 g/t gold(5), and the Raven deposit with an inferred mineral resource of 1.1 million oz (19.96 million tonnes at 1.67 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) 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
(5)https://snowlinegold.com/2025/05/15/snowline-gold-expands-measured-and-indicated-gold-ounces-by-96-in-updated-mineral-resource-estimate-at-its-valley-gold-deposit-yukon/
(6) Jutras, M. 2022. Technical Report on the Raven Mineral Deposit, Mayo Mining District Yukon Territory, Canada, prepared for Victoria Gold Corp and filed on SEDAR (www.sedarplus.ca) with an effective date of September 15, 2022
The Company is also pleased to announce that it has completed the acquisition of the OGI Property, Yukon and the Burro Creek Property, Arizona pursuant to an option amending agreement with Fox Exploration Ltd. and Coelton Ventures Ltd., respectively. The Company now has a
Upcoming Events
Sitka Gold will be attending and/or presenting at the following events*:
Take Stock - Calgary, AB : July 2 - 3, 2025
Yukon Mining Alliance Property Tours - Dawson City, Yukon: July 11 - 14, 2025
Precious Metals Summit, Beaver Creek, Colorado: September 9 - 12, 2025
Yukon Geoscience Forum, Whitehorse, YT: November 16 - 19, 2025
Swiss Mining Institute, Zürich, Switzerland: November 19 - 22, 2025
*All events are subject to change.
About Sitka Gold Corp.
Sitka Gold Corp. is a well-funded mineral exploration company headquartered in Canada. The Company is managed by a team of experienced industry professionals and is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka is currently advancing its
*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 Gilles Dessureau, P.Geo., V.P. Exploration of the Company, and a Qualified Person (QP) as defined by National Instrument 43-101.
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.
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FAQ
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