Sitka Provides an Update on Drilling at Its RC Gold Project, Yukon, with Visible Gold Observed in All Holes Drilled to Date at the Rhosgobel Target

Core Viewpoint - Sitka Gold Corp. is advancing its fully-funded 30,000 metre diamond drill program at the RC Gold Project in Yukon, with visible gold observed in all drill holes completed to date, particularly at the Rhosgobel target, indicating strong potential for gold mineralization [2][3][4]. Drilling Progress - Over 15,000 metres of the drilling program have been completed, with multiple occurrences of visible gold noted across all target areas: Blackjack, Saddle, Eiger, and Rhosgobel [2][4]. - At Rhosgobel, 9 drill holes have been completed, outlining gold mineralization over 250 metres along strike, extending from surface to approximately 350 metres deep, and remaining open in all directions [4][6]. Target Areas - The Rhosgobel target has shown consistent visible gold in all 9 drill holes, suggesting continuity of gold mineralization and potential for a significant intrusion-related gold deposit discovery [3][4]. - Drilling at Blackjack and Saddle has confirmed mineralized intrusive sills over a 350-metre strike length, with 21 holes completed this year totaling 8,334 metres [11][13]. Resource Estimates - The RC Gold Project has pit-constrained mineral resources in two zones: Blackjack and Eiger, with a total of 1,291,000 ounces of gold in the indicated category and 1,044,000 ounces in the inferred category at Blackjack, and 440,000 ounces in the inferred category at Eiger [29][30]. - The project is strategically located within the Tombstone Gold Belt, which is known for hosting significant intrusion-related gold systems [28][33]. Future Outlook - The company is eagerly awaiting assay results from the ongoing drilling, which is expected to provide further insights into the extent of gold mineralization across the various target areas [3][4][32].