Sitka Intersects High-Grade Mineralization in Three Additional Zones at the RC Gold Project, Yukon

On January 20, 2026, Sitka Gold Corp. announced drilling results from three exploratory zones (Bear Paw Breccia, Contact Zone, and Pukelman Intrusion) at its flagship RC Gold Project in the Yukon. * Bear Paw Breccia: Hole DDRCCC-25-117 intersected 21.0 metres of 1.05 g/t gold. * Contact Zone: Hole DDRCCC-25-115 intersected 37.0 metres of 1.10 g/t gold. * Pukelman Intrusion: Hole DDRCCC-25-118 intersected 23.6 metres of 1.00 g/t gold. The company characterized these as "high-grade mineralization" relative to typical intrusion-related bulk tonnage grades. These results are distinct from the main deposits (Blackjack, Eiger, Rhosgobel) and confirm mineralization in secondary targets. Management reiterated plans for a fully funded 60,000-metre drill program in 2026 and noted assays are pending for an additional 15 holes from the Rhosgobel discovery.

While positive, this news is classified as Routine - Positive rather than a Game Changer because it confirms the presence of gold in satellite targets rather than expanding the core high-grade zones of the primary deposits (Blackjack/Rhosgobel). * Proof of Concept: The intercepts (~1.0 g/t Au over 20-40m) confirm the "district-scale" thesis, proving that the Clear Creek Intrusive Complex hosts multiple mineralized centres beyond the known resources. * Grade Analysis: While management labels 1.0 g/t "high-grade," for an open-pit IRGS (Intrusion Related Gold System), these are solid economic grades but not spectacular. They are consistent with the Indicated Resource grade at Blackjack (1.01 g/t). * Momentum: This news bridges the gap between the major Rhosgobel expansion news and the upcoming 2026 campaign. It prevents the narrative from stalling but does not fundamentally alter the valuation model like the initial Rhosgobel discovery did.

Sitka Gold Corp. is focused on the RC Gold Project in the Yukon's Tombstone Gold Belt. The project is an Intrusion-Related Gold System (IRGS), geologically similar to Kinross's Fort Knox and Victoria Gold's Eagle Mine. * Flagship Assets: * Blackjack Deposit: Indicated Resource of ~1.3M oz Au @ 1.01 g/t; Inferred ~1.0M oz Au. Open in all directions. * Eiger Deposit: Inferred Resource of 440k oz Au @ 0.50 g/t. * Rhosgobel Discovery: A rapidly emerging zone (discovered late 2024/2025) with high-grade intervals (e.g., 119m @ 1.05 g/t) starting at surface. * District Potential: The property covers 431 sq km with multiple intrusive stocks (Pukelman, Saddle, Contact) showing mineralization.