Sitka Gold Corp. Announces Board Reshuffle and New Independent Director

On March 24 2026, Sitka Gold Corp. (TSX Venture: SIG) disclosed a significant change in its board composition. Two long‑serving directors, Greg Dawson and Peter Maclean, resigned, while the company welcomed corporate and securities lawyer Caroline Hendrick as a new independent director.

Board Resignations

Greg Dawson and Peter Maclean stepped down from the board after contributing to Sitka’s growth from a modest exploration venture into a leading junior mining company with substantial gold resources. CEO Cor Coe expressed gratitude for their service, noting their instrumental role in steering the company’s early development. The company’s board extended well‑wishes to Mr. Dawson and Mr. Maclean for their future endeavors.

Appointment of Caroline Hendrick

Caroline Hendrick brings a deep background in corporate finance, mergers and acquisitions, and securities law. She has advised public and private mining firms on financing transactions, mineral property acquisitions, and corporate governance. Hendrick holds a bachelor’s degree from Western University and J.D. degrees from the University of Windsor and the University of Detroit Mercy. She is admitted to practice law in British Columbia and New York.

“We are thrilled to welcome Ms. Hendrick to Sitka’s Board of Directors,” said CEO Cor Coe. “Her expertise will strengthen our governance structure as we advance our flagship RC Gold Project in the Yukon.”

In alignment with her appointment, the company granted Hendrick 400,000 incentive stock options exercisable at $0.81 per share for three years, subject to TSX Venture Exchange policies. The options reflect the company’s confidence in her ability to contribute to Sitka’s long‑term value creation.

Strategic Context

Sitka Gold Corp. is a well‑funded mineral exploration company headquartered in Canada, focused on gold, silver, and copper deposits. Its portfolio includes:

  • RC Gold Project – a 100 % owned, 447 km² flagship operation in the Tombstone Gold Belt, Yukon Territory. A 60,000 m diamond‑drilling program is planned for 2026.
  • Alpha Gold Project – located in Nevada.
  • Burro Creek Gold and Silver Project – drill permits in Arizona.
  • Coppermine River Project – in Nunavut.

The company’s recent developments are aimed at advancing these properties toward economically viable production.

Market Snapshot

As of March 24 2026, Sitka Gold’s share price closed at $0.81 CAD, within the 52‑week range of $0.42 to $1.36. The company’s market capitalization stands at $326.02 million CAD. Its price‑to‑earnings ratio is –53.29, reflecting the company’s exploration‑stage status and negative earnings.

Upcoming Events

Sitka Gold will actively engage investors and industry participants through the following scheduled events:

  • Kinvestor’s Mining & Energy 2026 Virtual Investor Conference – March 26, 2026
  • Canaccord Global Metals and Mining Conference – Henderson, NV, May 19‑21, 2026
  • TAKES STOCK Investor Series – Stampede Special – Calgary, AB, June 30, 2026
  • Yukon Mining Alliance – Property Tours and Conference – Dawson City, Yukon, July 12‑15, 2026

These events underscore Sitka’s commitment to transparency and dialogue with stakeholders as it progresses its exploration agenda.

Sitka Gold Corp.’s board changes signal a continued emphasis on strengthening corporate governance while advancing its high‑potential mining projects. The addition of Caroline Hendrick is expected to enhance the company’s strategic planning and capital‑raising capabilities, positioning Sitka for the next phase of growth in the junior mining sector.