RC Gold Project Program Confirms Newly Discovered Mineralized Area

VANCOUVER – Sitka Gold Corp. reported additional analytical results for diamond drill holes completed at the Rhosgobel intrusion target located at its RC Gold Project within the Yukon’s Tombstone Gold Belt. Results from drill holes RCRG25-009 and 010 have now been received and confirm the consistency of this newly discovered mineralized system where assays from all 10 diamond drill holes completed to date in this area have returned >100 g*m (g/t Au*m) intercepts over a strike length of approximately 300 metres, and where hole 010 reported in this news release returned a 262.6 g*m intercept. DDRCRG-25-010 returned the best intercept to date from Rhosgobel, with 235.9 m of 1.11 g/t gold, including 40.0 m of 2.01 g/t gold and 10.0 m of 5.29 g/t gold, from surface. DDRCRG-25-009 also returned impressive results with an intercept of 118.0 m of 1.09 g/t gold, including 14.0 m of 3.34 g/t gold, also from surface. To date a total of 42 drill holes have been completed in 2025 on this newly discovered Rhosgobel area stretching for over 1.2 kms in length. Numerous instances of visible gold have also been identified in 26 of the remaining 32 diamond drill holes completed at Rhosgobel with assays pending.
The Company is also reported that it requested and has subsequently received analytical results for tungsten from DDRCRG-24-002 that indicates the potential for significant tungsten mineralization at the Rhosgobel target, with intercepts of up to 75.50 m of 0.132% WO3, 6.98 m of 0.388% WO3 and 0.61 m of 4.739% WO3. Assays are also pending for an additional 30 diamond drill holes that have been completed across the Blackjack, Saddle, Eiger, Pukelman, Contact, Bear Paw and MayQu targets. Approximately 32,000 metres of diamond drilling has been completed across the RC Gold Project this year.
“These latest results confirm the continuity of strong gold values within this newly discovered high-grade mineralized gold zone at Rhosgobel,” stated Cor Coe, CEO and Director. “Our technical team has done an incredible job bringing this new discovery at Rhosgobel from an initial two diamond drill holes completed late last year to an impressive 42 drill holes totalling over 12,000 metres across a strike length of 1.2 km in just a few short months. While the exceptional, near-surface gold values from Rhosgobel continue to impress, the newly identified tungsten mineralization discovered in this system adds a very compelling component to this target. Given the potential significance that tungsten could have as a by-product of future gold production, we have implemented additional analytical procedures to assay for tungsten at Rhosgobel. With mineralization open in all directions and plenty of room to continue expanding with the drill bit across the 2 km x 1.5 km target area, we believe Rhosgobel has the potential to become our new flagship deposit at RC Gold. We have much to look forward to as we await the remaining drill results still pending for 32 additional holes at Rhosgobel, along with 30 drill holes still pending across the Blackjack, Saddle, Eiger, Pukelman, Contact, Bear Paw and MayQu targets.”