Northwire Canada EditionWednesday, August 5, 2026
Northwire
LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Drill Results

Sitka Grows Rhosgobel Discovery with Intersection of 166.0 Metres of 1.14 g/t Gold, Including 8.0 Metres of 4.86 g/t Gold, from Surface at Its RC Gold Project, Yukon

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Executive Summary

  • Sitka Gold reports strong initial assay results from the Rhosgobel discovery at its RC Gold Project, with all six received drill holes returning >100 gram‑metres of gold.
  • Hole DDRCRG‑25‑006 intersected 166 m @ 1.14 g/t Au (including 8 m @ 4.86 g/t) from surface; hole DDRCRG‑25‑004 intersected 239.9 m @ 0.60 g/t Au (including multiple higher‑grade intervals).
  • The mineralized footprint now extends ~900 m along strike within a 2.0 km × 1.5 km gold‑in‑soil anomaly, and drilling remains open in all directions with a fully funded 30,000 m diamond program underway.

Key Details

  • Assay Highlights
  • DDRCRG‑25‑006: 166.0 m @ 1.14 g/t Au from surface; 8.0 m @ 4.86 g/t Au starting at 13.0 m depth.
  • DDRCRG‑25‑004: 239.9 m @ 0.60 g/t Au from surface; includes 20.0 m @ 1.02 g/t Au, 18.0 m @ 1.36 g/t Au (100 m depth), and 14.1 m @ 1.06 g/t Au (138.8 m depth).

  • Drilling Coverage

  • To date: 22 holes, ~6,438 m drilled at Rhosgobel; visible gold observed in 16 of 22 holes.
  • Six of the 22 diamond holes have received assays; all six exceed 100 gram‑metres (g/t × m) of gold.

  • Program Status

  • 6,438 m of the planned 10,000 m Rhosgobel drill program completed; total 30,000 m diamond drilling program fully funded and ongoing.
  • Assay results pending for 48 holes.

  • Geological Context

  • Rhosgobel is the largest intrusion within the Clear Creek Intrusive Complex, hosting reduced intrusion‑related gold (RIRGS) style mineralization with quartz‑vein and breccia textures.
  • Mineralization traced over ~900 m strike within a 2.0 km × 1.5 km surface anomaly (>500 ppb Au in soil).

  • Company Outlook

  • CEO Cor Coe emphasizes the potential for a multi‑million ounce deposit comparable to other Tombstone Belt targets.
  • Additional drill targets (Saddle, Pukelman‑Contact, Bear Paw Breccia) remain active, supporting further resource growth across the 431 km² RC Gold land package.

Notable Quotes

“Drilling at Rhosgobel continues to confirm that we have made a very significant gold discovery… The potential for the Rhosgobel intrusion to host a large, multi‑million ounce gold deposit … is becoming more evident with these recent results.” – Cor Coe, Director and CEO, Sitka Gold Corp.

Read the original news release →

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