Northwire Canada EditionMonday, July 27, 2026
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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Resource Estimate

Sitka Provides Review of 2025 Highlights and Major Advancements at Its Flagship RC Gold Project, Yukon

Yukon's Giant Awakens: Massive Drill Program and $45M Treasury Set the Stage for 2026 District-Scale Expansion

By The Northwire Desk — AI Analysis Jan 16, 2026 · 07:31 SIG · 0.88 Sitka Gold Corp.
Executive Summary

The news release dated January 16, 2026, provides a comprehensive review of Sitka Gold’s 2025 operational achievements and its outlook for 2026. Key highlights include the successful completion of a 32,000m drill program (exceeding the initial 30,000m goal), the discovery of the Rhosgobel deposit, and a significantly expanded Mineral Resource Estimate (MRE) at the Blackjack deposit. Financially, the company enters 2026 with a robust treasury of over $45 million CAD, which fully funds a planned 60,000m diamond drill program—the largest in the company's history. The company also noted a 169% share price appreciation in 2025 and the addition of Angus Campbell (formerly of Sabina Gold and Silver) to the board.

Material Impact

The impact of this news is Material - Positive. It serves as a validation of the aggressive 2025 exploration strategy and confirms the company has transitioned from a junior explorer to a well-capitalized, district-scale developer. - Financial De-risking: The $45M treasury is exceptional for a junior, providing at least 18-24 months of runway even with a massive 60,000m drill program. This removes the immediate threat of dilutive "desperation" financings. - Resource Scalability: The discovery of Rhosgobel (156.9m of 1.00 g/t Au) and the Contact Zone (119m of 1.01 g/t Au) confirms that the Clear Creek Intrusive Complex (CCIC) contains multiple gold-bearing intrusions, not just the original Blackjack/Eiger deposits. - Execution: Management met and slightly exceeded its 2025 meterage guidance (32,000m vs 30,000m planned), demonstrating operational competence.

SIG · Price
Company Overview

Sitka Gold Corp. is focused on the Tombstone Gold Belt in the Yukon. Its flagship RC Gold Project covers 431 sq km and is road-accessible. The project is characterized by Reduced Intrusion-Related Gold Systems (RIRGS), similar to the Eagle Gold Mine (Victoria Gold) and Fort Knox (Kinross). The primary deposits are Blackjack (Indicated: 1.29M oz @ 1.01 g/t) and Eiger (Inferred: 440k oz @ 0.50 g/t).

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