Sitka Drills 218.6 Metres of 1.25 g/t Gold, Including 44.4 Metres of 3.86 g/t Gold, and a Second Interval of 92.7 Metres of 1.14 g/t Gold in a Single Hole at Its RC Gold Project, Yukon
Sitka’s Deep Blackjack hole returned 273 gram-metres, aligning with the project’s known high-grade depth potential.
Sitka Gold Corp. (SIG) has released assay results from two diamond drill holes at the Blackjack deposit within its RC Gold Project in the Yukon. Hole DDRCCC-26-132, drilled below the current resource envelope, intersected a broad zone of 218.6 m @ 1.25 g/t Au (including 44.4 m @ 3.86 g/t Au) and a separate interval of 92.7 m @ 1.14 g/t Au.
Step-out hole DDRCCC-26-129, located 150 m east of the existing resource, returned 118.0 m @ 0.50 g/t Au. The company stated that the results highlight the expansion of the Blackjack deposit and the continuity of higher-grade mineralization at depth, suggesting potential for underground operations.
The 2026 exploration program is 32,000 m complete of a planned 60,000 m, with seven rigs currently active.
For a junior explorer with a $410 million market capitalization, a drill hole rarely moves the needle unless it materially changes the resource size, grade profile, or development certainty. Hole 132 confirms what the market already expected: that the high-grade deep shoots discovered in 2025-26 persist and may be scalable. The stock did not rally on the previous batch of excellent holes, including the July 13 result of 348 meters at 1.12 grams per tonne. Recent price action has been in a gentle downtrend from the May-June highs, suggesting the market has priced much of the discovery potential.
Sitka Gold Corp. (TSX‑V: SIG) is a Yukon‑focused gold explorer with a 100%‑owned, 447 km² RC Gold Project. The project hosts four intrusion‑related gold deposits — Blackjack, Rhosgobel, Eiger, and Saddle — with a combined resource of 1.29 moz indicated and 3.83 moz inferred gold. The deposits are at‑surface, road‑accessible, and potentially open‑pittable. Sitka is well‑funded with approximately $43 M in cash following financings and is executing a 60,000 m 2026 drill campaign. The company plans to spin out its U.S. assets, Alpha Gold and Burro Creek, to concentrate on the Yukon.