Sitka Drills 150.3 Metres of 1.49 g/t Gold, Including 1.7 Metres of 26.70 g/t Gold, Expanding Near-Surface Higher Grade Gold Zone at the Rhosgobel Discovery to 1.1 km Strike Length at Its RC Gold Project, Yukon

On January 22, 2026, Sitka Gold Corp. released final results from its 2025 diamond drilling program at the Rhosgobel discovery within its RC Gold Project in the Yukon. * Headline Intervals: Hole DDRCRG-25-033 returned 150.3 metres of 1.49 g/t gold (from 15.8m depth), including 1.7 metres of 26.70 g/t gold. Hole DDRCRG-25-029 returned 99.1 metres of 1.33 g/t gold. * Scale: The drilling defines a mineralized zone with a strike length of 1.1 kilometres. The system remains open in all directions. * By-Product Potential: The company identified Tungsten (WO3) mineralization, noting intervals like 85.4m of 0.138% WO3. Analytical work is commencing on 5,500 samples to assess this potential. * Catalyst: An initial Mineral Resource Estimate (MRE) for Rhosgobel is planned for Q1 2026.

This news is Material - Positive. * Confirmation of Scale: The results confirm Rhosgobel is not an isolated hit but a continuous, bulk-tonnage system similar to the company's existing Blackjack and Eiger deposits. The consistency of grades (averaging >1.0 g/t Au over 100m+ widths) is superior to many Yukon peers which often run 0.6-0.8 g/t Au. * De-risking Resource: With mineralization starting near surface (15.8m depth) and extending over 1.1km, the upcoming Q1 Mineral Resource Estimate is highly likely to add significant ounces to the global project inventory, potentially moving the project toward a "critical mass" for development scenarios. * Tungsten Kicker: While the gold is the primary value driver, the presence of Tungsten (a critical mineral) could improve project economics or attract specific government grants/interest, though metallurgical separation costs remain a risk factor to be evaluated later. * Validation of Model: The success at Rhosgobel validates the geological model that the Clear Creek Intrusive Complex hosts multiple deposits, increasing the probability of success at other targets like Pukelman and Contact.

• Company: Sitka Gold Corp. is a mineral exploration company focused on gold, silver, and copper properties in Canada and the USA.
• Flagship Project: RC Gold Project (Yukon, Canada). A district-scale (431 sq km) contiguous land package in the Tombstone Gold Belt.
• Geology: Intrusion-Related Gold System (IRGS). Comparable to Victoria Gold's Eagle Mine and Kinross's Fort Knox.
• Deposits:
  • Blackjack: Indicated: 1.29M oz Au (1.01 g/t); Inferred: 1.04M oz Au (0.94 g/t).
  • Eiger: Inferred: 440k oz Au (0.50 g/t).
  • Rhosgobel: Newly discovered (2025), maiden resource pending Q1 2026.
  • Secondary Projects: Alpha Gold (Nevada), Burro Creek (Arizona), Coppermine River (Nunavut - Copper).