Sitka Drills 107.9 Metres of 1.01 g/t Gold from Surface, Including 37.9 Metres of 1.41 g/t Gold, Further Expanding the Rhosgobel Discovery at Its RC Gold Project, Yukon

The most recent news release from November 6, 2025, reports additional strong assay results from the Rhosgobel discovery at Sitka Gold's RC Gold Project in Yukon. Key intercepts include: * Hole DDRCRG-25-014: 107.9 metres of 1.01 g/t gold from surface, including 37.9 metres of 1.41 g/t gold. * Hole DDRCRG-25-016: 67.5 metres of 1.03 g/t gold from surface. * Hole DDRCRG-25-017: 297.0 metres of 0.61 g/t gold from surface, including 28.5 metres of 2.20 g/t gold. Notably, 16 of the first 17 drill holes received to date at Rhosgobel have intersected greater than 100 g/t*m gold, confirming consistent mineralization over a 575-metre strike length. The 2025 drilling program at the RC Gold Project has been completed, totaling 31,841 metres from 91 holes, exceeding the initial 30,000-metre target. Assays for 26 additional holes are still pending.

This news is positive but largely routine in the context of Sitka Gold's recent disclosures. The company has consistently reported strong drill results from Rhosgobel, confirming it as a significant new discovery. The consistent "greater than 100 g/t*m gold" intersections across 16 of the first 17 holes further solidifies the continuity and scale of mineralization at Rhosgobel. This consistency is excellent for future resource definition.

The completion of the 2025 drill program at 31,841 metres, exceeding the planned 30,000 metres, demonstrates strong operational execution. This follows previous news releases that identified Rhosgobel as a "third intrusion-related gold deposit" (August 5, 2025) and a potential "new flagship deposit" with the best intercept to date (September 18, 2025). The market had already reacted to these earlier, more materially significant announcements, including the massive $28.5 million and $2.05 million financings that solidified the company's treasury to over $43 million and set the stage for a 60,000-metre drill program in 2026.

Therefore, while the results are unequivocally good and reinforce the quality of the Rhosgobel discovery, they do not introduce new, game-changing information that significantly alters the company's fundamental outlook beyond what has already been established. The stock price has already seen a substantial rally and subsequent consolidation, incorporating the positive developments.

Sitka Gold Corp. (TSXV: SIG) is a Canadian gold exploration company primarily focused on its 100% owned, district-scale RC Gold Project located in Yukon's prolific Tombstone Gold Belt. The project is road-accessible, situated approximately 100 km east of Dawson City, and spans 431 square kilometers, making it the largest consolidated land package between the Eagle Gold Mine and the past-producing Brewery Creek Gold Mine.

The RC Gold Project hosts a Reduced Intrusion-Related Gold System (RIRGS) and currently has three significant discoveries: * Blackjack Deposit: Contains an updated Mineral Resource Estimate (effective January 21, 2025) of 1.291 million ounces of gold Indicated (39.96 million tonnes at 1.01 g/t Au) and 1.044 million ounces of gold Inferred (34.60 million tonnes at 0.94 g/t Au). It features a higher-grade core (>1 g/t) extending to 660 metres depth and remains open in all directions. * Eiger Deposit: Holds an Inferred resource of 440,000 ounces of gold (27.36 million tonnes at 0.50 g/t Au). * Rhosgobel Discovery: Identified in late 2024 with initial diamond drilling, it has rapidly expanded into a significant, near-surface gold deposit with consistent high-grade intercepts, characterized by a large 1.5 km x 2.0 km gold-in-soil anomaly. It is viewed by management as having the potential to become a new flagship deposit. * Other promising targets within the Clear Creek Intrusive Complex include Saddle, Pukelman, Contact, Bear Paw, Josephine, and Barney Stock, many of which have yielded visible gold and positive initial drill results. * Metallurgical testing at Blackjack indicates non-refractory gold with high recoveries (up to 94%) amenable to heap leaching with minimal NaCN consumption.

Sitka also holds other projects, including the Alpha Gold Project in Nevada, USA, the Burro Creek Gold and Silver Project in Arizona, USA, and the Coppermine River Project in Nunavut, Canada (where initial drilling commenced in July 2025, targeting high-grade copper).