2024 Maps & Figures - Sitka Gold Corp

The purchase of the Clear Creek Property (outlined in yellow boundary) now completes Sitka Gold’s ownership of 100% of the Clear Creek Intrusive Complex, an area of approximately 8 km x 15 km that includes several known surface intrusions with associated gold mineralization. The newly acquired property contains four highly prospective areas with limited historical drilling and several areas that have produced high-grade surface samples but remain under-explored and undrilled.

Shallow reverse circulation drilling in the Rhosgobel intrusion in 1995 produced numerous intersections of gold mineralization consisting of sheeted quartz veins with megacrystic quartz monzonite. Holes 15 and 16 were drilled in opposite directions at 60 degrees dip intersected mineralization over their entire lengths. The holes intersected 50.3 m grading 1.07 g/t gold and 67.1m of 1.03 g/t gold respectively with both holes ending in mineralization.

Cross-section of previous drilling at Rhosgobel along holes 15 and 16 which ended in mineralization. The first ever diamond drill hole proposed in the Rhosgobel intrusion (PROS-24-A) will step back and drill underneath holes 15 and 16 to test the width of the mineralized zone intersected in 1995

The acquisition of the Clear Creek property now completes Sitka Gold’s 100% ownership of the Clear Creek Intrusive Complex and adds several underexplored areas that have strong potential for new gold discoveries in addition to four high-quality drill targets. See news release dated June 24th, and July 3rd, 2024.

Work map showing drill hole locations at the Blackjack gold deposit and summary results from Holes DRCCC-24-047, 057 and 058.

Prospecting in 2015 was conducted in the G2 zone and the Contact Zone and produced many high-grade results. Additional grid soil sampling (shown in Figure 2) will be conducted in these areas and south where previous soil sampling has been conducted at only wide spacings. Current drilling is expanding the Blackjack deposit to the south towards this highly prospective area.

Cross section of DDRCCC-24-058 showing simplified geology and the extension of mineralization to depth. Mineralization remains open to the surface.

Plan map of the Northern Extent of the Clear Creek Intrusive Complex where several drill intervals and surface samples have demonstrated the high-grade nature of the Reduced Intrusion Related Gold System present. The projection of the Blackjack fault and Blackjack Mineralized Corridor are highlighted along with the priority target areas for 2024. Yellow stars indicate where outcrop rock samples or drill hole intervals have returned >10 g/t gold. Several additional targets with the potential to host intrusion related gold deposits of significant size and grade have yet to be drilled within this approximately 3 km x 5 km area. The Saddle Zone target area remains largely untested by drilling and contains the largest and strongest gold-in-soil anomaly on the property.

Geological and structural map showing the projected extent of the Blackjack Mineralized Corridor.

Plan map showing proposed 2024 diamond drilling and the projection of the Blackjack Mineralized Corridor which remains open to the south of the Blackjack gold deposit.

3D cross section of Holes 47, 57 and 58 showing the Blackjack Mineralized Corridor (in pink) which projects south of the current extent of the Blackjack gold deposit along a strike of approximately 170°.

Assay highlights for DDRCCC-24-058 and DDRCCC-24-057(completed in winter 2024)

Cross section of DDRCCC-24-057 showing simplified geology and the extent that mineralization has been extended to depth.

Assay Highlights for DDRCCC-24-057

Map of the RC Gold Project showing the RC and BeeBop Property location. Nine known intrusions (shown in pink) with associated gold mineralization have been discovered on the district-scale project to date. While the Company’s recent focus has primarily been on the Blackjack and Eiger gold deposit areas, several promising targets (yellow and orange stars) with the potential to host additional intrusion related gold deposits remain untested or under-explored.

Plan map of the Northern Extent of the Clear Creek Intrusive Complex where several drill intervals and surface samples have demonstrated the high-grade nature of the Reduced Intrusion Related Gold System present. Yellow stars indicate where outcrop rock samples or drill hole intervals have returned >10 g/t gold. Several additional targets with the potential to host intrusion related gold deposits of significant size and grade have yet to be drilled within this approximately 3 km x 5 km area. The Saddle Zone target area remains largely untested by drilling and contains the largest and strongest gold-in-soil anomaly on the property. Results for drill holes DDRCCC-24-057 and DDRCCC-24-058 are pending.

Work map highlighting rock and soil sample results with significant gold values at the RC and BeeBop Properties where the 2 km by 3 km Big Creek Stock is located. Limited exploration work in this area has returned significant gold values analogous to the gold mineralization present at the nearby Blackjack and Eiger gold deposits.

Map of the RC Gold Project showing Barney Ridge Property location

Plan map of the Northern Extent of the Clear Creek Intrusive Complex where several drill intervals and surface samples have demonstrated the high-grade nature of the Reduced Intrusion Related Gold System present. Yellow stars indicate where outcrop rock samples or drill hole intervals have returned >10 g/t gold. Several additional targets with the potential to host intrusion related gold deposits of significant size and grade have yet to be drilled within this approximately 3 km x 5 km area. The Saddle Zone target area remains largely untested by drilling and contains the largest and strongest gold-in-soil anomaly on the property.

Work map highlighting rock and soil sample results with significant gold values at Barney Ridge.

Airborne MAG survey of Barney Ridge showing total mag intensity and rock grab sample results.