Sitka Gold Corp. Reports Robust Drill Results at Rhosgobel, Strengthening the Case for a Large‑Scale Gold Deposit

On January 6, 2026, Sitka Gold Corp. (TSX‑V: SIG; FSE: 1RF; OTCQB: SITKF) announced a series of diamond‑drill findings that markedly broaden the mineralized envelope at the Rhosgobel discovery within its 100 % owned RC‑Gold project in the Yukon. The new data, released through the company’s website and reported by Finanznachrichten, Minenportal, and ceo.ca, demonstrate a sustained and economically attractive gold system, bolstering the prospect of a third major resource within the RC‑Gold project.

Key Drill Results

  • Hole DDRCRG‑25‑027

  • Length: 156.9 m at 1.00 g/t Au

  • Sub‑intervals:

  • 94.0 m at 1.41 g/t Au

  • 38.0 m at 2.03 g/t Au

  • High‑grade pockets:

  • 6.0 m at 7.58 g/t Au

  • 2.0 m at 19.30 g/t Au

  • Hole DDRCRG‑25‑024

  • Length: 146.7 m at 1.05 g/t Au

  • High‑grade segment: 12.0 m at 3.89 g/t Au

  • Early return: 21.3 m from surface

These results represent the deepest return yet recorded from Rhosgobel and expand the known gold‑bearing zone by roughly 400 m. The continuity of grade and the presence of high‑grade intervals suggest a structurally controlled, extended system that is consistent with a Reduced Intrusion‑Related Gold System (RIRGS) within the Clear Creek Intrusive Complex (CCIC).

Implications for the RC‑Gold Project

Sitka Gold has long positioned the RC‑Gold project as a “second‑generation” gold discovery, with a proven pathway to a substantial resource. The new drill data reinforce the company’s thesis that Rhosgobel is an integral component of a larger, multi‑zone gold system. The expanded mineralized envelope and the presence of high‑grade intervals are critical drivers for future resource estimation and feasibility modeling.

Given the company’s current market capitalization of approximately CAD 396 million and its recent trading range—closing at CAD 1.01 on January 5, 2026, after reaching a 52‑week high of CAD 1.36 in October 2025—the market has been watching Sitka’s exploration progress closely. The latest results provide a tangible boost to investor confidence and support the company’s narrative of delivering a viable gold resource within the next few years.

Forward‑Looking Perspective

While the company has not yet released an updated resource estimate incorporating these new data, the drilling cadence and the quality of the returns strongly indicate that a significant increase in measured and inferred resources is imminent. Sitka’s disciplined exploration approach—focused on high‑grade drill targets, systematic trenching, and advanced geophysical surveys—positions it well to translate these findings into a commercial asset.

Analysts will likely evaluate how the new drill results affect the cost‑of‑production profile, especially given the surface‑accessible nature of the Rhosgobel zone. The presence of high‑grade intervals near the surface could allow for low‑cost open‑pit mining or a hybrid open‑pit/underground operation, thereby shortening the time‑to‑production window.

Conclusion

Sitka Gold Corp.’s recent drill results at Rhosgobel deliver a compelling narrative: the company is uncovering a robust, high‑grade, and extensive gold system that could form the cornerstone of a future commercial operation. As the company moves toward resource delineation and feasibility studies, stakeholders should closely monitor the next data releases, which will likely refine the economic outlook for this promising Yukon venture.