Sitka GOLD Files Technical Report FOR Expanded Mineral Resource Estimate at the Rc GOLD Project, Yukon
NEWS RELEASE
March 31, 2026
NR 26-10
www.sitkagoldcorp.com
SITKA GOLD FILES TECHNICAL REPORT FOR EXPANDED
MINERAL RESOURCE ESTIMATE AT THE RC GOLD
PROJECT, YUKON
● Total RC Gold Project Mineral Resource Estimate (MRE) is now at 1.29 million ounces of gold
indicated and 3.83 million ounces of gold inferred:
○ 1.29 million ounces gold indicated (39.96 Mt @ 1.01 g/t Au) at the Blackjack Deposit
(effective date of January 21, 2025);
o 3.83 million ounces gold inferred including:
▪
2.25 million ounces (100.68 Mt @ 0.70 g/t Au) at the Rhosgobel Deposit;
▪
1.04 million ounces (34.60 Mt @ 0.94 g/t Au) at the Blackjack Deposit (effective
date of January 21, 2025); and
▪
0.54 million ounces (32.14 Mt @ 0.52 g/t Au) at the Eiger Deposit.
● Maiden MRE defined for the Rhosgobel Deposit comprises a pit-constrained inferred mineral
resource of 2.25 million ounces of gold (100.68 Mt @ 0.70 g/t Au) beginning at surface, using a
cut-off grade of 0.30 g/t gold.
● Updated MRE for the Eiger Gold Deposit has increased the inferred mineral resource to
535,000 ounces of gold (32.14 Mt @ 0.52 g/t Au) beginning at surface, using a cut-off grade of
0.30 g/t gold.
● Indicated mineral resource of 1.29 million ounces of gold (39.96 Mt @ 1.01 g/t Au) and an
inferred mineral resource of 1.04 million ounces of gold (34.60 Mt @ 0.94 g/t Au) at the
Blackjack Deposit, using a cut-off grade of 0.30 g/t gold*
*The Blackjack MREs have an effective date of January 21, 2025.
Vancouver, Canada, March 31, 2026: The Board of Directors of Sitka Gold Corp. (TSX-V: SIG)
(FSE:1RF) (OTCQX:SITKF) (“Sitka” or “Sitka Gold” or the “Company”) announces that it has filed
a technical report on its 100% owned RC Gold Project in the Yukon Territory. The technical report, titled
“RC Gold Project, NI 43-101 Technical Report, Dawson Mining District, Yukon Territory” dated March
31, 2026 (effective date of February 25, 2026) was prepared by Ronald G. Simpson, P. Geo., of
GeoSim Services Inc., who is independent of the Company, and is available on SEDAR+
(www.sedarplus.ca)
under
Sitka’s
issuer
profile
or
on
the
Company’s
website
at
www.sitkagoldcorp.com.
The results of the technical report were previously announced in the Company’s news release dated
February 25, 2026, announcing the maiden mineral resource estimate (“MRE”) for the Rhosgobel
Deposit and an updated MRE for the Eiger Deposit at the RC Gold Project. The technical report
includes an expanded sensitivity table for each of the Rhosgobel and Eiger Deposits, including cut-off
grades of up to 0.6 g/t gold as shown in Tables 1 and 2.
“The pit-constrained indicated and inferred gold resources at our flagship RC Gold Project continue to
grow at a rapid pace, with this latest MRE highlighting the large scale and strong grades of near-surface
mineralization, particularly at Blackjack and Rhosgobel,” said Cor Coe, Director and CEO of Sitka Gold.
“As shown in the expanded sensitivity table for Rhosgobel, a higher-grade gold inventory of 1.5 Moz at
a grade of 1.02 g/t gold (44.9 Mt) in the inferred mineral resource category is present at a cut-off
grade of 0.60 g/t gold. This greater than 1.0 g/t gold inventory starts at the surface, as shown in Figure
1. Additionally, the Blackjack deposit also hosts a higher-grade gold zone that begins at surface,
highlighted by 1.3 Moz of indicated gold grading 1.01 g/t (40.0 Mt) at a 0.30 g/t cut-off and 1.0 Moz
of inferred gold grading 0.94 g/t (34.6 Mt) at a 0.30 g/t cut-off* (see Figure 2). Higher-grade gold
zones that begin at surface are significant drivers of project economics and may support the potential
for rapid payback of future development costs. Furthermore, preliminary assays for tungsten
mineralization within the Rhosgobel deposit have returned significant values, such as 85.4 metres of
0.138% WO3 in DDRCRG-25-004(1), and demonstrate the potential for tungsten to be a significant
by-product of potential future gold production. Additional analysis of the tungsten content of the
Rhosgobel deposit, as was recommended in the technical report, is nearing completion and we look
forward to releasing those results once they have been received and compiled. With our 60,000 metre
drilling program currently underway, we aim to further accelerate the rapid advancement at RC Gold,
targeting continued resource growth and new discoveries across this highly prospective, district-scale
gold camp.”
*Blackjack mineral resources have an effective date of January 21, 2025
Figure 1: A 3D representation of the current Rhosgobel mineral resource shell showing the gold
deposit that begins at surface and is open in all directions, including the greater than 1.0 g/t
gold inventory that also begins at surface (purple block model).
Figure 2: A 3D representation of the current Blackjack mineral resource shell, showing the gold
deposit that begins at surface and is open in all directions, along with the coherent core of
greater than 1.0 g/t gold material that extends from surface to a currently defined depth of 660
m* (purple block model).
*Blackjack mineral resources have an effective date of January 21, 2025
Figure 3: Longitudinal section showing locations of several of the intrusion targets and the
current gold resources within the Clear Creek Intrusive Complex. A 60,000 metres diamond
drilling program planned for 2026 will focus on further expansion of the 2 km long
Blackjack-Eiger area with 15,000 metres of drilling. An additional 30,000 metres of drilling is
planned at Rhosgobel to follow up on the initial diamond drilling conducted by Sitka in 2025.
10,000 metres of drilling has been allocated for the Pukelman-Contact zone and 5,000 metres of
drilling will follow up on initial drilling results from Bear Paw and test other high-priority targets.
Table 1: Rhosgobel Deposit Inferred Mineral Resource Estimate Showing
the Sensitivity of the Resource Model to Changing Cut-off Grades
Cut-off Grade
(g/t Au)
Tonnes
(000's)
Au (g/t)
0z Au (000's)
0.20
0.25
0.30
0.35
0.40
0.45
0.50
0.55
0.60
129,683
115,106
100,677
89,620
78,687
68,714
59,768
51,451
44,883
0.60
0.64
0.70
0.74
0.79
0.85
0.90
0.96
1.02
2,481
2,380
2,250
2,135
2,004
1,867
1,731
1,591
1,470
Notes:
1. Bolded row represents the base case for the mineral resource estimate.
2. Cut-off grades as low as 0.2 g/t Au are still considered to have Reasonable Prospects
for Eventual Economic Extraction.
Table 2: Eiger Deposit Inferred Mineral Resource Estimate Showing
the Sensitivity of the Resource Model to Changing Cut-off Grades
Cut-off Grade
(g/t Au)
Tonnes
(000's)
Au (g/t)
0z Au (000's)
0.20
0.25
0.30
0.35
0.40
0.45
0.50
0.55
0.60
44,376
38,512
32,143
25,660
20,203
15,438
12,011
9,315
7,518
0.44
0.48
0.52
0.57
0.62
0.68
0.74
0.80
0.86
634
592
535
468
402
337
285
240
207
Notes:
1. Bolded row represents the base case for the mineral resource estimate.
2. Cut-off grades as low as 0.2 g/t Au are still considered to have Reasonable Prospects
for Eventual Economic Extraction.
For readers to fully understand the information in this news release, they should read the technical
report in its entirety, including all qualifications, assumptions and risks. The technical report is intended
to be read as a whole and sections should not be read or relied upon out of context.
Upcoming Events
Sitka Gold will be attending and/or presenting at the following events*:
● Canaccord Global Metals and Mining Conference: Henderson, NV: May 19 - 21, 2026
● TAKESTOCK Investor Series Stampede Special, Calgary, AB: June 30, 2026
● Yukon Mining Alliance – Property Tours and Conference, Dawson City, Yukon: July 12-15, 2026
*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 100% owned, 447 square kilometre flagship RC
Gold Project located within the Tombstone Gold Belt in the Yukon Territory. The Company is also
advancing the Alpha Gold Project in Nevada and currently has drill permits for its Burro Creek Gold and
Silver Project in Arizona and the Coppermine River Project in Nunavut, all of which are 100% owned by
Sitka.
A 60,000 metre diamond drilling program planned for 2026 is currently underway at the Company’s
flagship RC Gold Project, located in Yukon Canada, where two diamond drill rigs are currently
operating.
*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 Cor Coe,
P.Geo., Director and CEO of the Company, and a Qualified Person as defined by National Instrument
43-101.
(1)
For additional information, see news releases dated January 22, 2026 and November 6, 2025
available on SEDAR+ (www.sedarplus.ca) under Sitka’s issuer profile or on the Company’s website at
www.sitkagoldcorp.com.
ON BEHALF OF THE BOARD
“Corwin (Cor) Coe”
CEO and Director
For more information, please contact:
Sitka Gold Corp.
+1-604-979-0509
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 future plans, the advancement of the Company’s projects and
anticipated work programs, ongoing drilling activities and management’s expectations and intentions.
Such forward-looking information and statements are based on numerous assumptions, including
among others, that the Company will carry out its exploration plans as currently anticipated by
management. Although the assumptions made by the Company in providing forward-looking
information or making forward-looking statements are considered reasonable by management at the
time, there can be no assurance that such assumptions will prove to be accurate.
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, risks related to exploration activities 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 outlook that are incorporated by reference herein, except in accordance with
applicable securities laws. We seek safe harbor.