OVERVIEW
The 100% owned RC Gold Project is a reduced intrusion related gold system (RIRGS) located in the Tombstone Gold Belt in the Yukon Territory, Canada (Figure 1). The property consists of a contiguous land package consisting of 2,169 mineral claims covering approximately 447 square kilometres, encompassing 11 known gold-bearing intrusions with three deposits discovered to date (Figure 2). The project has excellent infrastructure. It is road accessible only a 2-hour drive from Dawson City where a 5,000 foot paved runway and international airport can accommodate jet transport. The Klondike Highway and Yukon power grid are located within 30 kilometres of the project. All necessary permits for exploration have been obtained and this year’s 60,000 metre diamond drill program is currently underway.
Figure 2: Clear Creek Intrusive Complex: 431 sq km of highly prospective ground containing 3 gold deposits open in all directions and multiple targets
Updated Mineral Resource Estimate (Feb. 2026)
The updated MRE for RC Gold includes an initial resource estimate for the newly discovered Rhosgobel Gold Deposit of 2,250,000 ounces of gold inferred (100.68 Mt @ 0.70 g/t Au), beginning at surface and grading 0.70 g/t gold using a cut-off grade of 0.30 g/t gold, an updated resource estimate for the Eiger Gold Deposit of 535,000 ounces of gold inferred (32.14 Mt @ 0.52 g/t Au), beginning at surface and grading an average of 0.52 g/t gold using a cut-off grade of 0.30 g/t gold and the existing mineral resource estimate for the Blackjack Gold Deposit, which was updated last year with an effective date of January 21, 2025, comprising an indicated resource of 1,291,000 ounces of gold in 39.96 Mt grading 1.01 g/t gold and an inferred resource of 1,044,000 ounces of gold in 34.60 Mt grading 0.94 g/t gold beginning at surface and using a cut-off grade of 0.30 g/t gold. The MRE for the RC Gold Project now comprises 1,291,000 ounces gold indicated (39.96 Mt @ 1.01 g/t Au) at Blackjack, and 3,829,000 ounces gold inferred, including: 2.25 million ounces (100.68 Mt @ 0.70 g/t Au) at Rhosgobel, 1.04 million ounces (34.60 Mt @ 0.94 g/t Au) at Blackjack, and 0.54 million ounces (32.14 Mt @ 0.52 g/t Au) at Eiger (see Tables 1 to 4 for additional details). Drilling continues to expand gold mineralization at the Blackjack deposit, which remains open in all directions, and an updated resource estimate is anticipated for Blackjack after the 2026 drilling program has been completed.
Allocation of 60,000 meter diamond drill program:
Sitka is fully funded with approximately $45 million in the treasury (as at February 25th, 2026).
The scientific and technical content of this website has been reviewed and approved by Cor Coe, P.Geo., Director and CEO of the Company, and a Qualified Person (QP) as defined by National Instrument 43-101.