Sitka Gold - Expanding the Rhosgobel Gold Discovery: Strong Drill Results, $30M Financing, Major 2026 Growth Plans
In this KE Report Company Update, I chat with Mike Burke, Director and VP of Corporate Development at Sitka Gold Corp. (TSX.V:SIG - OTCQB:SITKF - FSE:1RF) to discuss the latest drill results from the Rhosgobel Zone and the company’s recent >$30 million financing to accelerate growth at the RC Gold Project in Yukon.
Key Discussion Highlights:
- Strong Drill Results:
108m of 1.01 g/t gold from surface - Sixteen of the first seventeen drill holes received to date have intersected greater than 100 g/t*m gold intersections. - Large Mineralized Footprint:
Gold mineralization traced over 575m strike; visible gold along 1.1 km with soil anomalies covering 2 km x 1.5 km. - Next Phase Funded:
>$30M financing supports 50–60k m of drilling in 2026, targeting Rhosgobel resource definition and depth potential. - Building a Gold Camp:
Rhosgobel resource will add to the existing 2.8Moz resources (1.3Moz Indicated and 1.5Moz Inferred) at Blackjack and Eiger, adding another major deposit to RC Gold. - More Results to Come:
Assays pending from Rhosgobel and new areas; Contact Zone, Pukelman, May-Qu and Bear Paw Breccia Zone.
If you have any follow up questions for Mike please email me at Fleck@kereport.com.
Click here visit the Sitka Gold website to learn more about the Company
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