Sitka Confirms Tungsten at Rhosgobel

Why It Matters

Tungsten as a by‑product could boost the economics of the RC Gold project and give Sitka a strategic position in a scarce, defense‑critical metal market.

Key Takeaways

• 5,500 samples from 33 holes confirm tungsten across 850 m strike.
• Tungsten intervals average 0.12% WO₃, up to 0.22% in hole DDRCRG‑25‑032.
• RC Gold holds 2.25 Moz inferred gold at Rhosgobel.
• Metallurgical tests will assess concentrate recovery for tungsten by‑product.
• 30,000 m drilling planned, tripling total meters at Rhosgobel.

Pulse Analysis

The confirmation of tungsten at Sitka Gold’s Rhosgobel deposit adds a compelling new dimension to a project already anchored by a 2.25‑million‑ounce inferred gold resource. While the gold grades sit near 0.7 g/t, the tungsten assays reveal a broad 850‑meter strike with intervals averaging 0.12% WO₃, a concentration that rivals many dedicated tungsten mines. In a market where supply is tightly controlled and demand from defense and advanced manufacturing is accelerating, the by‑product potential could substantially lift the project's net present value and attract a broader investor base beyond traditional gold seekers.

Beyond the headline numbers, the real test will be whether the tungsten can be economically extracted. Sitka has initiated metallurgical testwork to determine concentrate recovery rates, a critical step because tungsten processing often requires separate circuits and can impact overall cash flow. If the tests confirm a viable concentrate, the combined gold‑tungsten operation could benefit from diversified revenue streams, mitigating the volatility inherent in single‑commodity projects. Comparatively, other Yukon projects have struggled to add ancillary commodities, making Sitka’s dual‑commodity outlook a differentiator in a region known for its rugged logistics and high operating costs.

Looking ahead, the company’s aggressive drilling plan—30,000 meters slated for Rhosgobel this year—signals confidence in expanding both gold and tungsten resources. This effort will triple the total meters drilled, providing a richer dataset for resource modeling and potentially upgrading inferred ounces to indicated status. For investors, the combination of a sizable gold base, a high‑value tungsten by‑product, and a fully funded drill program positions RC Gold as a strategic asset in the Yukon, where infrastructure investments and supportive regulatory frameworks are aligning to accelerate project development.