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SIG.V ·

Sitka Gold Corp. Stakes Additional Claims at Adobe

Mergers & Acquisitions Property Options & Staking

Sitka Gold Corp.

1500 - 409 Granville Street

Vancouver, BC, V6C 1T2

NEWS RELEASE

CSE: SIG

March 22nd, 2018

NR 18-05

www.sitkagoldcorp.com

Sitka Gold Corp. Stakes Additional Claims at Adobe

VANCOUVER, CANADA – March 22nd, 2018: Sitka Gold Corp. (CSE: SIG) (the “Company”

or “Sitka”) is pleased to announce that it has increased its land holdings for the Adobe Gold

Property (the “Property”) by 140% for a total of 3,374 contiguous acres. The Company recently

staked an additional 114 claims to cover other prospective geochemical targets.

The Adobe Gold Property, located in northern Nevada, hosts a previously unrecognized Carlin-

type gold play where geological mapping has revealed intersecting folds and good structural

preparation within favourable stratigraphy, key features that are found at most of the gold mines

in the Carlin district. Geochemical surveys have also revealed anomalies of gold, mercury,

arsenic, and thallium, which are common pathfi nder elements for Carlin-type gold

mineralization. Compilation and interpretation of the data have identified structurally-controlled

areas where anomalous pathfinder minerals and gold assay results have defined three target

areas to be drill tested.

The Company will be mobilizing a geophysical crew to site in the coming weeks as field

conditions improve with continued good weather. The geophysical survey will assist in refining

drill targets in advance of drilling, which is anticipated to start in late April to early May.

The technical content of this news release has been reviewed and approved by Donald Penner,

P.Geo, Director and President for the Company, and a qualified person as defined by National

Instrument 43-101.

About Sitka Gold Corp.

Sitka Gold Corp. is a mineral exploration company headquartered in Canada and managed by a

team of experienced mining industry professionals. The Company is focused on exploring for

economically viable mineral deposits with its primary emphasis on gold and coppe r mineral

properties of merit. Sitka currently has an option to acquire a 100% interest in the Adobe gold

property in Nevada and owns a 100% interest in its Coppermine River project in Nunavut and

the Alpha Gold Property in Nevada.

ON BEHALF OF THE BOARD OF DIRECTORS OF

SITKA GOLD CORP.

“Donald Penner”

President and Director

For more information contact:

Donald Penner

President & Director

[email protected]

or

Cor Coe

CEO & Director

[email protected]

Neither the Canadian Securities Exchange nor it Regulation Services Provider (as that term is

defined in the policies of the Canadian Securities Exchange) accepts responsibility for the

adequacy or accuracy of this release.

Cautionary Statements Regarding Forward Looking Information

Certain statements included herein may constitute “forward-looking statements”. All statements

included in this press release that address future events, conditions or results, including in

connection with exploration activity, future acquisitions and any financing, are forward-looking

statements. These forward-looking statements can be identified by the use of words such as

“may”, “must”, “plan”, “believe”, “expect”, “estimate”, “think”, “continue”, “should”, “will”, “could”,

“intend”, “anticipate” or “future” or the negative forms thereof or similar variations. These

forward-looking statements are based on certain assumptions and analyses made by

management in light of their experiences and their perception of historical trend s, current

conditions and expected future developments, as well as other factors they believe are

appropriate in the circumstances. These statements are subject to risks, uncertainties and

assumptions, including those mentioned in the Company’s continuous disclosure documents,

which can be found under its profile on SEDAR (www.sedar.com). Many of such risks and

uncertainties are outside the control of the Company and could cause actual results to differ

materially from those expressed or implied by such forward-looking statements. In making such

forward-looking statements, management has relied upon a number of material factors and

assumptions, on the basis of currently available information, for which there is no insurance that

such information will prove accurate. All forward-looking statements are expressly qualified in

their entirety by the cautionary statements set forth above. The Company is under no obligation,

and expressly disclaims any intention or obligation, to update or revise any forward -looking

statements, whether as a result of new information, future events or otherwise, except as

expressly required by applicable law.

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or

accuracy of this release.