Advancements at its Flagship RC Gold Project, Yukon
NEWS
RELEASE
January
16,
2026
NR
26-02
www.sitkagoldcorp.com
Sitka
Provides
Review
of
2025
Highlights
and
Major
Advancements
at
its
Flagship
RC
Gold
Project,
Yukon
VANCOUVER,
CANADA
–
January
16,
2026:
Sitka
Gold
Corp.
(“Sitka”
or
the
“Company”)
(TSX.V:SIG)
(FSE:1RF)
(OTCQB:SITKF)
is
pleased
to
provide
a
summary
of
the
significant
progress
achieved
during
2025
with
the
Company
focus
on
its
100%
owned,
road
accessible
RC
Gold
Project
(“RC
Gold”
or
the
“Project”)
located
in
the
prolific
Tombstone
Gold
Belt,
Yukon
Territory.
Last
year’s
corporate
and
exploration
efforts
were
highly
successful
in
propelling
the
flagship
RC
Gold
Project
toward
the
delineation
of
what
is
quickly
emerging
as
a
district-scale
gold
camp
with
the
potential
to
host
several
multi-million
ounce,
intrusion-related
gold
deposits.
With
a
fully-funded
60,000
metre
diamond
drill
program
planned
to
follow
up
on
the
successes
of
2025,
a
healthy
treasury
of
over
$45
million
and
record
high
gold
prices,
Sitka
is
very
well
positioned
to
create
shareholder
value
in
2026
as
it
strives
to
rapidly
unlock
the
potential
of
the
RC
Gold
Project.
Top
Highlights
from
2025:
1.
Updated
Mineral
Resource
Estimate
(“MRE”)
announced
at
the
Blackjack
gold
deposit
in
January
(prior
to
the
2025
drill
season):
The
MRE
grew
to
Indicated
1.291
million
ounces
of
gold
at
a
grade
of
1.01
grams
per
tonne
and
Inferred
1.044
million
ounces
of
gold
at
a
grade
of
0.94
grams
per
tonne
representing
a
significant
increase
in
both
average
grade
and
contained
ounces
from
the
initial
MRE
published
in
2023
(details
of
the
updated
MRE
can
be
found
in
the
January
21,
2025
technical
report
).
2.
Discovery
of
the
Rhosgobel
gold
deposit
:
2025
drilling
confirmed
the
third
gold
deposit
identified
to
date
at
RC
Gold.
Assay
results
received
to
date
have
returned
significant
gold
values
over
975
metres
of
strike.
Assays
are
currently
pending
for
an
additional
15
holes
that
were
completed
across
the
1.1
km
of
mineralized
strike
identified
to
date
which
remains
open
in
all
directions.
An
initial
MRE
at
Rhosgobel
is
anticipated
for
Q1
of
this
year.
3.
Completed
the
largest
drilling
program
ever
conducted
at
the
Project
:
Approximately
32,000
metres
drilled
in
91
holes
across
multiple
targets.
Visible
gold
has
now
been
observed
in
drillcore
from
every
major
target
drilled
within
the
CCIC
in
2025,
underscoring
the
fertile
nature
of
the
project’s
host
geology.
4.
Strong
financial
position:
Over
$40
million
raised
in
oversubscribed,
bought-deal
financings
that
brought
a
strengthening
shareholder
base
with
several
new
funds
participating
and
growing
analyst
coverage
highlighting
the
future
growth
potential
for
Sitka.
5.
Significant
share
price
appreciation:
169%
share
price
increase
in
2025.
This
significant
gain
was
supported
by
positive
analyst
sentiment
and
an
active
successful
drilling
program
conducted
during
the
year.
6.
60,000
metre
drill
contract
signed
for
2026
:
Fully-funded
drill
program
that
will
effectively
double
the
total
amount
of
drilling
ever
conducted
at
RC
Gold.
With
over
$45
million
in
its
treasury,
Sitka
is
well-positioned
to
continue
its
successful
advancement
of
the
RC
Gold
Project
as
it
focuses
on
creating
additional
shareholder
value
by
growing
existing
gold
resources
and
making
additional
new
gold
deposit
discoveries
across
the
target
rich
land
package.
7.
Cor
Coe,
Director
and
Chief
Executive
Officer
was
recognized
as
the
2025
Yukon
Prospector
of
the
Year
.
The
award
recognized
Cor’s
long
and
successful
prospecting
career
in
the
Yukon
and
achievement
in
discovering
gold
resources
of
over
five
million
ounces
in
the
Yukon
including
the
RC
Gold
Project.
“2025
was
a
transformational
year
for
Sitka,
with
several
achievements
and
successful
advancements
made
at
our
flagship
RC
Gold
Project”,
stated
Cor
Coe,
Director
and
CEO
of
Sitka.
“Our
systematic
approach
to
exploration
combined
with
a
growing
technical
understanding
of
the
gold
system
at
RC
Gold
and
the
completion
of
a
large
32,000
metre
drill
program
has
resulted
in
significant
progress
towards
unlocking
the
vast
potential
of
this
project,
which
is
quickly
evolving
into
a
major
gold
camp
with
the
potential
to
host
several
multi-million
ounce
intrusion-related
gold
deposits.
“
Sitka’s
success
in
2025
has
set
the
stage
for
2026
with
the
largest
exploration
program
ever
completed
on
the
consolidated,
431
square
kilometre,
road
accessible
RC
Gold
Project.
Our
team
has
a
proven
track
record
having
discovered
three
deposits
to
date,
drill
tested
several
other
target
areas
with
excellent
initial
drilling
results
and
identified
additional
high-priority
areas
that
will
be
advanced
with
further
exploration
this
year.
With
precious
metals
prices
at
record
highs
and
a
fully-funded
60,000
metre
drill
program
designed
to
follow
up
on
last
year’s
success,
Sitka
is
looking
forward
to
another
transformational
year
of
rapid
advancement
at
the
RC
Gold
Project”.
Figure
1:
Longitudinal
cross
section
showing
locations
of
several
of
the
intrusion
related
gold
targets
within
the
Clear
Creek
Intrusive
Complex.
32,000
metres
of
diamond
drilling
was
completed
across
these
targets
in
2025
that
culminated
in
a
significant
new
gold
discovery
made
at
the
Rhosgobel
target
and
significant
gold
mineralization
intercepted
in
all
other
target
areas
including
Blackjack,
Saddle,
Eiger,
Pukelmen,
Contact
and
Bearpaw.
Figure
2:
A
plan
map
showing
the
Clear
Creek
Intrusive
Complex
(CCIC)
location
within
the
district-scale
RC
Gold
Project
and
the
updated
resource
areas
at
Blackjack
and
Eiger,
along
with
the
newly
discovered
Rhosgobel
deposit
and
several
other
high-priority
drill
and
exploration
targets.
The
map
highlights
the
numerous
drill
targets
that
Sitka
has
outlined
within
the
CCIC
which
all
are
connected
by
the
existing
road
network
on
the
project
and
occur
in
an
area
measuring
approximately
five
(5)
km
north-south
and
twelve
(12)
km
east-west.
Several
regional
exploration
and
drill
targets
are
also
highlighted
across
the
project
area
(yellow
and
orange
stars).
Sitka’s
planned
60,000
metre
diamond
drilling
project
will
focus
on
growing
the
existing
gold
resources
at
RC
Gold
while
following
up
on
drill
successes
made
at
other
targets
and
testing
additional
priority
targets
in
2026.
ADDITIONAL
2025
HIGHLIGHTS
Blackjack-Saddle-Eiger
Corridor
Drilling
returned
numerous
drill
holes
intersecting
mineralization
outside
of
the
resource
grade
shells
at
the
Blackjack
and
Eiger
deposits
and
results
at
Saddle
demonstrated
the
potential
to
add
additional
resources
within
the
mineralized
corridor.
●
211.2
m
of
1.13
g/t
Au
,
including
73.2
m
of
2.05
g/t
Au
in
early
season
drilling
at
Blackjack
confirms
continued
robust
grades
and
widths
outside
the
current
resource
(see
news
release
dated
June
26,
2025)
●
8.0
m
of
4.80
g/t
Au
and
6.3
m
of
5.53
g/t
Au
from
817.0
and
856.7
m
depth
respectively
within
65.0
m
of
2.0
g/t
Au
at
Blackjack
indicating
potential
for
underground
resources
(see
news
release
dated
May
8,
2025).
●
47.6
m
of
2.09
g/t
Au
at
the
Saddle
Zone,
including
8.0
m
of
5.07
g/t
Au,
extending
near-surface
mineralization
within
Blackjack
pit
limits
(see
news
release
dated
July
17,
2025).
●
At
Eiger
,
step-out
drilling
delivered
up
to
121.0
m
of
0.75
g/t
Au
and
26.0
m
of
1.28
g/t
Au
outside
the
current
inferred
resource
boundary,
indicating
potential
for
expansion
(
see
news
release
dated
December
2,
2025).
Figure
3:
Block
Model
of
the
Blackjack
resource
illustrating
the
coherent
core
of
greater
than
1
g/t
material
that
extends
from
surface
to
a
currently
defined
depth
of
660
m.
Figure
4:
A
3D
Representation
of
the
Current
Blackjack
Resource
Shell
showing
the
gold
deposit
that
begins
at
surface
and
is
open
in
all
directions
Rhosgobel
Discovery
-
Gold
and
the
critical
metal
Tungsten
The
Rhosgobel
intrusion
,
Sitka’s
third
identified
intrusion-related
gold
system,
yielded
some
of
the
strongest
and
broadest
intervals
of
the
season.
Mineralization
was
observed
in
drill
holes
over
the
entire
1.1
km
strike
length
of
the
mineralized
zone
tested
in
drilling.
The
zone
remains
open
in
all
directions
with
results
for
15
holes
pending.
●
235.9
m
of
1.11
g/t
Au
,
including
40.0
m
of
2.01
g/t
Au
and
10.0
m
of
5.29
g/t
Au
(see
news
release
dated
September
18,
2025)
●
Significant
visible
tungsten
mineralization
led
to
additional
assaying
of
Hole
24-02.
Tungsten
tri-oxide
results
complemented
the
173.3m
of
0.60
g/t
Au
previously
reported
with
a
value
over
the
same
interval
of
0.095%
WO3
including
12.4m
of
2.43
g/t
Au
and
0.21%
WO3
(see
news
release
dated
December
2,
2025)
●
Collectively,
Rhosgobel
drilling
confirmed
gold
mineralization
across
extensive
strike
length
with
strong
grades
starting
from
surface
and
demonstrated
continuity
at
depth
—
a
hallmark
of
a
significant
discovery
zone.
Figure
5
:
Example
of
scheelite
(top
picture),
a
common
tungsten
mineral,
illuminated
by
ultra-violet
light
with
visible
gold
and
bismuthinite
(red
circles)
in
a
quartz
vein
in
drill
core
from