Northwire Canada EditionFriday, July 24, 2026
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AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0% AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0%
Resource Estimate Material +

Sitka Gold Announces Maiden Resource Estimate at Its Rhosgobel Gold Deposit and Expands Total Mineral Resource Estimate at the RC Gold Project, Yukon

Sitka Gold delivers massive maiden resource at Rhosgobel, doubling Yukon project inventory to 5 million ounces.

By The Northwire Desk — AI Analysis Feb 25, 2026 · 05:01 SIG · 0.98 Sitka Gold Corp.
Executive Summary

The most recent news (February 25, 2026) announces a maiden Mineral Resource Estimate (MRE) for the Rhosgobel Gold Deposit and an updated total MRE for the flagship RC Gold Project in the Yukon. Rhosgobel debuted with 2.25 million ounces of gold in the inferred category (100.68 Mt @ 0.70 g/t Au). This brings the total project resource to 1.29 million ounces Indicated and 3.83 million ounces Inferred. Additionally, metallurgical tests at Rhosgobel showed high recoveries (89%–96%), and significant tungsten mineralization was noted. The company also confirmed the commencement of a massive 60,000-meter drill program for 2026, intended to double the total meterage drilled on the project to date.

Material Impact

The impact is Material - Positive. The addition of 2.25 million ounces at Rhosgobel effectively doubles the project's total gold inventory, moving it from a significant discovery to a district-scale asset with over 5 million total ounces. - Scale: The jump from ~1.3M oz Indicated / ~1.5M oz Inferred (Jan 2025) to over 5M total ounces is a major valuation milestone. - Metallurgy: The non-refractory nature of the gold (up to 96% recovery) significantly de-risks the project's economic potential. - Exploration Momentum: A fully funded 60,000m drill program is exceptionally large for a junior explorer and suggests high confidence in further expansion. - By-product Potential: The presence of tungsten could provide a material economic credit in future studies, though it is not yet included in the MRE.

SIG · Price
Company Overview

Sitka Gold is focused on the RC Gold Project in the Yukon’s Tombstone Gold Belt. The project is road-accessible and located between Victoria Gold’s Eagle Mine and the Brewery Creek Mine. The project consists of several intrusion-related gold deposits (Blackjack, Eiger, and Rhosgobel). Blackjack remains the highest-grade core, while Rhosgobel provides the massive scale.

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