Sitka Gold (WKN A2JG70 / TSXV SIG) is back in full force! The company, led by CEO Cor Coe, has just announced the start of its 2026 diamond drilling program at the 100% owned RC Gold Project in the Yukon, Canada. A total of up to 60,000 meters of drilling is planned, making it one of the most extensive diamond drilling programs ever conducted in the Yukon!
The focus is on further expanding known gold deposits, systematically testing new high-priority targets, and further defining the project area in the Tombstone Gold Belt. For Sitka Gold, the program is also an operational milestone: The company expects the 2026 program to roughly double the number of drill meters completed on the project last year.
According to Sitka Gold, the RC Gold Project is accessible by road year-round and covers a contiguous 431 square kilometer area. Work is primarily focused on the Clear Creek Intrusive Complex (CCIC) and other targets within the district-scale land package. Sitka Gold emphasizes that all known deposits at the project to date are surface-starting and open in all directions – a key point for planning further drilling steps.
Sitka Gold to focus on Rhosgobel in 2026
Sitka Gold will allocate the largest share of its 2026 drilling budget to the new Rhosgobel discovery: of the up to 60,000 metres planned, around 30,000 metres are earmarked to expand this gold deposit. Rhosgobel was discovered in late 2024 with an initial two-hole program and was already advanced significantly during the 2025 season. Sitka Gold reports that approximately 13,000 metres of diamond core drilling have now been completed there.
According to the company, the drilling to date indicates continuous gold mineralization that starts at the surface and can already be traced over a strike length of 1.1 kilometers. As an example, Sitka Gold cites a 235.9-meter section grading 1.11 g/t gold, including 40.0 meters grading 2.01 g/t gold, drilled from surface in drill hole DDRCRG-25-010.
In addition to gold, an exciting secondary aspect is also coming into focus at Rhosgobel: Sitka Gold reports the occurrence of significant tungsten mineralization. In drill hole DDRCRG-25-004, 85.4 meters grading 0.138% WO3 from 94.0 meters, 60.0 meters grading 0.134% WO3 from 202.0 meters, and 35.0 meters grading 0.121% WO3 from 285.0 meters were intersected, among other results. Sitka points out that tungsten could potentially be relevant as a by-product in future development.
Rhosgobel is also located within a large-scale geochemical signature: the target is located in a 1.5 x 2.0 kilometer gold-in-soil anomaly, which, according to the company, has only been partially tested by diamond drilling to date. Sitka also plans to release an initial resource estimate (MRE / resource estimate) for Rhosgobel in the first quarter of 2026.
Expansion of the Blackjack–Saddle–Eiger corridor
Up to 15,000 meters of the planned drilling will be allocated to the Blackjack–Saddle–Eiger corridor. In this area, the main focus will be on expanding the two gold deposits, Blackjack and Eiger, for which a resource has already been defined. In addition, Sitka intends to pursue zones with higher grades, including a near-surface zone in the Saddle area, which lies between Blackjack and Eiger and, according to Sitka Gold, is positioned within a conceptual open pit outline of Blackjack.
For Blackjack, Sitka Gold refers to earlier sections that serve as the basis for further target planning. Among other things, it mentions a very long section of 678.1 meters with 1.04 g/t Au, including 93.0 meters with 2.37 g/t Au and 5.5 meters with 17.59 g/t Au, from surface in drill hole DDRCCC-25-068. Winter drilling in 2026 is expected to further delineate both the extent of the mineralization and a higher-grade zone at depth.
In the Saddle area, Sitka Gold intends to further test the recently reported higher-grade, near-surface mineralization. As a reference, the company cites 47.6 meters at 2.09 g/t Au, including 8.0 meters at 5.7 g/t Au, in drill hole DDRCCC-25-087.
According to the company, further delineation drilling is planned for Eiger, as large parts of the intrusion have not yet been tested. In addition, Sitka says the results from 2025 indicate the formation of a higher-grade zone at depth. As an example, a 121.0-meter section with 0.75 g/t Au (including 26.0 meters with 0.58 g/t Au) in drill hole DDRCCC-25-109 is cited.
Pukelman Contact and other targets: 10,000 metres for a new discovery
Sitka Gold plans to drill up to 10,000 meters at the Pukelman Contact Zone. This target was highlighted as a new discovery in 2025 and will now be systematically expanded. According to the company, drilling to date has identified gold mineralization over an area of 650 x 900 meters, starting at surface and extending to a depth of 430 meters. An example of the sections there is drill hole DDRCCC-25-113 with 119.0 meters at 1.01 g/t gold near surface, including 10.7 meters at 4.10 g/t gold, 3.9 meters at 5.51 g/t gold, and 1.2 meters at 24.80 g/t gold.
In addition, up to 5,000 meters are planned for further targets that have been little or not at all tested by diamond drilling. These include Bear Paw, an area described as a breccia target measuring 500 x 200 meters, which has been defined by soil sampling and shallow drilling. Sitka Gold reports that a drill hole confirmed gold mineralization last year: 21.0 meters at 1.05 g/t Au, including 10.0 meters at 1.64 g/t Au and 3.5 meters at 2.29 g/t Au, in DDRCCC-25-117.
In addition, Sitka Gold names several other prioritized targets – including Josephine, Big Creek, Barney Ridge, May-Qu, ALP, and Mahtin – that are said to exhibit characteristics of “reduced intrusion-related gold mineralization” and thus fit the existing project pattern. Overall, Sitka Gold aims to use the 2026 program to further expand the already identified deposits, define new zones along the known corridor, and prepare additional targets within the large-scale RC Gold Project in a structured manner for the next steps.
