Sitka Provides Update on the 2026 Diamond Drilling Program Underway at Its RC Gold Project, Yukon

Sitka Gold launched a 60,000 m diamond drilling program at its RC Gold Project (Yukon), reporting multiple occurrences of visible gold in all initial 2026 drill holes at the Blackjack and Rhosgobel targets. Four rigs are active (two more expected), with 5,500 m (six holes) completed so far; assays remain pending. Rhosgobel drilling also intersected coarse scheelite (tungsten) and aims to expand a pit-constrained inferred resource of 2.25 million oz Au (100.68 Mt @ 0.70 g/t). Earlier deeper holes at Blackjack included notable intervals (e.g., 45.0 m @ 4.52 g/t and 65.0 m @ 2.0 g/t). The release is a positive operational milestone that could be a near-term catalyst for Sitka and gold-exposure assets if assays confirm grades, but market impact is conditional on forthcoming assay results and further drilling outcomes.