Northwire Canada EditionFriday, July 17, 2026
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LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Resource Estimate Routine +

Sitka Gold Files Technical Report for Expanded Mineral Resource Estimate at the RC Gold Project, Yukon

Sitka Gold consolidates multi-million ounce Yukon discovery while streamlining portfolio through strategic asset spin-out.

By The Northwire Desk — AI Analysis Mar 31, 2026 · 06:01 SIG · 0.78 Sitka Gold Corp.
Executive Summary

The most recent news (March 31, 2026) confirms the filing of the NI 43-101 Technical Report for the RC Gold Project in Yukon. This report formalizes the Mineral Resource Estimate (MRE) announced in February 2025, totaling 1.29 Moz Indicated and 3.83 Moz Inferred gold. Key highlights include the maiden inferred resource at the Rhosgobel Deposit (2.25 Moz at 0.70 g/t Au) and an updated inferred resource at Eiger. The company also confirmed a massive 60,000-metre diamond drilling program for 2026, which aims to double the total meterage drilled on the property to date.

Material Impact

The news is Routine - Positive. While the resource numbers are significant (5.12 Moz total), they were previously disclosed in the February 25, 2026, news release. The filing of the technical report is a regulatory requirement that validates those numbers but does not add "new" unexpected data. However, the confirmation of a fully-funded 60,000m drill program is a major operational catalyst. The transition of Rhosgobel from a discovery to a 2.25 Moz maiden resource within one year is an exceptional development pace for the industry. The proposed spin-out of Nevada and Arizona assets (announced March 12) further focuses the company as a pure-play Yukon developer, which typically commands a higher valuation multiple during a discovery phase.

SIG · Price
Company Overview

Sitka Gold Corp. is focused on the RC Gold Project in the Yukon’s Tombstone Gold Belt. The project is road-accessible and covers 431 sq km. It hosts three main deposits: Blackjack, Eiger, and the newly discovered Rhosgobel. The mineralization is "Reduced Intrusion-Related Gold" (RIRGS), similar to the Eagle Gold Mine (Victoria Gold) and Fort Knox (Kinross).

Read the original news release →

More from Sitka Gold Corp.

Jul 13, 2026 · 08:31

Sitka’s bulk-tonnage RIRGS gold project hosts a 5 moz resource defined by 60 km of drilling across wide intervals with high-grade cores.

Drill Results Jul 10, 2026 · 18:58

Sitka’s technical report confirms a 5.12 million ounce resource, with tungsten and silver deferred while drilling pace remains key.

Resource Estimate Jun 23, 2026 · 06:31

Sitka’s Blackjack step-out validates high-grade continuity, though dilution concerns persist during its fully funded exploration phase.

Drill Results May 27, 2026 · 08:31

Deep Drill Extensions Validate 60k Meter Program at Blackjack, But Data Feed Errors Raise Red Flags

Drill Results May 14, 2026 · 08:31

Sitka upgrades Rhosgobel resource with tungsten and silver by-products, cementing its multi-commodity potential as a 60,000m drill blitz accelerates.

Resource Estimate May 04, 2026 · 08:31

Metallurgical validation de-risks Rhosgobel economics but cash burn remains high

Technical Study