Sitka Gold Corp. (TSX-V: SIG; Germany: 1RF) as released new drill results from the Eiger deposit at its 100% owned RC Gold Project in the Tombstone Gold Belt in the Yukon. The latest results show long gold intervals that are well outside the existing resource estimate (“MRE”), further expanding the volume of known mineralization.
The key highlight is drill hole DDRCCC-25-109, which averaged 249.9 meters at 0.58 g/t gold, including 121.0 meters at 0.75 g/t gold and 26.0 meters at 1.28 g/t gold. Within these intervals, 8.0 meters grading 2.60 g/t gold, 2.0 meters grading 7.09 g/t gold, and 1.6 meters grading 14.55 g/t gold were analyzed, among others. The section begins at a depth of 224.5 meters and, according to Sitka Gold, was encountered approximately 325 meters outside the current resource boundary of the Eiger deposit
The drill results are part of the ongoing 2025 exploration program at the RC Gold Project. A total of 38 drill holes are currently awaiting analysis, including 26 from the new Rhosgobel discovery and others from the Pukelman, Contact, Bearpaw, and May-Qu zones.
Sitka Gold: Eiger Drilling Indicates Higher-Grade Component at Depth
In addition to DDRCCC-25-109, Sitka Gold reports further intersections from drilling in the Eiger deposit area. Drill hole DDRCCC-25-097 intersected, among other things:
- 24.0 meters of 1.62 g/t gold from 100.0 meters,
- 23.5 meters of 0.73 g/t gold from 204.5 meters, including 2.0 meters of 2.45 g/t gold and 2.0 meters of 2.43 g/t gold,
- 11.5 meters of 1.26 g/t gold from 272.6 meters, including 1.8 meters of 4.67 g/t gold.
Drill hole DDRCCC-25-101 returned 73.0 meters at 0.55 g/t gold from 279.0 meters, including 8.0 meters at 1.52 g/t gold, and 5.0 meters at 1.40 g/t gold from 420.0 meters, with a sub-interval of 1.3 meters at 3.99 g/t gold.
Additional drilling, such as DDRCCC-25-088, -094, -103, and -106, returned additional gold intercepts ranging from one to ten meters, which complement the picture of a large-scale gold system. All lengths refer to drill core lengths; Sitka Gold notes that reliable true thicknesses cannot yet be determined based on the data available to date.
CEO Cor Coe commented on the new data, noting that this year’s campaign represents the first follow-up drilling at Eiger since the 2021 resource estimate, which was based on only 13 drill holes at the time. The long intervals now reported – notably 121.0 meters at 0.75 g/t gold and 26.0 meters at 1.28 g/t gold within 249.9 meters at 0.58 g/t gold in DDRCCC-25-109 – would highlight the potential to add additional ounces to the Eiger deposit.
At the same time, according to the company, the stronger grades at depth indicate a developing higher-grade component – a feature already known from the more advanced Blackjack deposit about 1.5 kilometers to the west. Against this backdrop, Sitka Gold plans to significantly intensify drilling activities at Eiger next year as part of an expanded drilling program – up to 60,000 meters of drilling are planned.
Eiger in the Blackjack-Saddle-Eiger Corridor of the RC Gold Project
The Eiger deposit is part of the RC Gold Project, which is located within the Clear Creek Intrusive Complex in the western Tombstone Gold Belt. Sitka Gold is working there with a model of reduced, intrusion-related gold systems.
According to the company, the current resource estimate for Eiger comprises 440,000 ounces of gold in 27,362,000 tonnes grading 0.50 g/t gold in the “inferred” category. The deposit remains open in all directions. Drilling in 2025 – ten holes totaling 4,401 meters – has extended the known mineralization to the east, west, and at depth.
Gold mineralization occurs as centimeter-thick quartz veins, often with visible gold, frequently accompanied by bismuthinite, arsenopyrite, and locally scheelite.
Eiger lies within an extensive corridor approximately 1 kilometer by 4 kilometers in size, where the Blackjack deposit and the Saddle Zone have previously been defined. Previous work by the US Geological Survey and the Yukon Geological Survey indicates that such extensive structures can create favorable conditions for the occurrence of intrusions and associated gold mineralization.
In the wider vicinity of the RC Gold Project, Sitka Gold also recently reported 44.4 meters at 1.33 g/t gold from the Saddle Zone, located approximately 1,000 meters west of Eiger. In the company’s view, these results reinforce the formation of a coherent gold system with multiple intrusion centers along the Blackjack-Saddle-Eiger corridor.
Sitka Gold: Multiple Zones at RC Gold Project with Pending Results
Sitka Gold’s RC Gold Project is road accessible and encompasses a number of target areas within the Clear Creek Intrusive Complex. In addition to the Blackjack and Eiger deposits and the Saddle Zone, other zones such as Rhosgobel, Pukelman, Contact, Bearpaw, and May-Qu have been identified in recent years.
For the current season, Sitka Gold notes that results from 38 drill holes are still pending. Twenty-six of these are from the new Rhosgobel discovery, which was defined as a priority target based on previous soil anomalies and geological work.
The company is working to systematically convert the numerous gold-in-soil anomalies within the project area into drill-ready targets. Most of these target zones are connected to each other and to the rest of the RC Gold Project’s infrastructure via an internal road network.
With the combination of the existing resource estimate for Eiger, the higher-grade mineralization at Blackjack, and the recent extension drilling, Sitka Gold views the RC Gold Project as a contiguous exploration area with multiple potential deposits. Further results from the ongoing campaign will be released as they become available and incorporated into the geological models of the property.
