About the RC Gold Project
Sitka’s 100% owned RC Gold Project is a district-scale gold discovery located in the heart of Yukon’s prolific Tombstone Gold Belt and situated on the Traditional Territory of the First Nation of Na-Cho Nyäk Dun. Covering 447 square kilometres, RC Gold is one of the largest consolidated land packages in the region and is strategically positioned between Victoria Gold’s Eagle Gold Mine and the past-producing Brewery Creek Gold Mine. The Project benefits from excellent infrastructure, located approximately 100 kilometres east of Dawson City and accessible year-round by road from the Klondike Highway.
RC Gold currently hosts pit-constrained Mineral Resources across three near-surface gold deposits — Blackjack, Eiger and Rhosgobel — totaling 1.29 million ounces of indicated gold and 3.83 million ounces of inferred gold. The Blackjack deposit contains 1.29 million ounces of indicated gold grading 1.01 g/t gold and an additional 1.04 million ounces of inferred gold grading 0.94 g/t gold. The Eiger deposit hosts 535,000 ounces of inferred gold grading 0.52 g/t gold, while the Rhosgobel deposit contains 2.25 million ounces of inferred gold grading 0.70 g/t gold.
Importantly, the current resource has been defined from approximately 59,000 metres of drilling completed to date across a rapidly expanding intrusive-related gold system that remains open in multiple directions. The broader Clear Creek Intrusive Complex now hosts 11 known gold-bearing intrusions, highlighting the district-scale discovery potential of the Project.
All known deposits begin at surface and demonstrate strong open pit development potential. Metallurgical testing completed to date has confirmed the non-refractory nature of the mineralization and demonstrated strong gold recoveries using conventional processing methods, including bottle roll and gravity/cyanidation recoveries ranging from approximately 78% to 96%.
Sitka is currently executing a fully funded 60,000 metre diamond drill program designed to aggressively expand existing resources while testing numerous additional high-priority targets across the district. As the Project advances through environmental baseline studies, engineering work, permitting initiatives, and ongoing engagement with Yukon First Nations, Sitka is targeting completion of a Preliminary Economic Assessment (PEA) in early 2027 as part of a disciplined phased development strategy to systematically de-risk the Project toward potential future production.
In addition to its rapidly growing gold resource base, recent drilling and updated resource work at Rhosgobel has also identified significant tungsten and silver mineralization, adding strategic critical minerals exposure and further enhancing the long-term value potential of the RC Gold Project.
