Sitka Expands RC Gold Beyond 5M Ounces

Why It Matters

The resource boost positions RC Gold as a premier, road‑accessible Yukon asset, enhancing Sitka's valuation and financing prospects while underscoring the rapid discovery potential of the Tombstone Gold Belt.

Key Takeaways

• RC Gold now exceeds 5 million ounces combined resource
• Rhosgobel adds 2.25 million‑ounce maiden resource
• 2026 drill program will double total diamond drilling
• Blackjack resource upgraded to 1.3 million ounces indicated
• Eiger inferred resource rises to 535,000 ounces

Pulse Analysis

The RC Gold project, situated in Yukon’s historic Tombstone Gold Belt, has evolved from a modest exploration target into a multi‑deposit gold camp covering 431 square kilometers. By integrating legacy reverse‑circulation data with recent core drilling, Sitka has demonstrated the value of systematic, high‑density exploration in a road‑accessible setting. The latest resource update, which now exceeds five million ounces, reflects both the geological richness of the Clear Creek Intrusive Complex and the company’s disciplined data‑driven approach, making the project attractive to both junior investors and major mining partners.

Sitka’s exploration strategy hinges on rapid, iterative drilling cycles that translate discoveries into quantifiable resources within a single field season. The Rhosgobel deposit, identified in late 2024, was converted to a 2.25‑million‑ounce maiden resource after just 15,400 meters of drilling, highlighting the strength of the underlying gold‑in‑soil anomaly. Simultaneously, the Blackjack and Eiger deposits have seen substantial upgrades, reinforcing the notion that the RC Gold district hosts multiple, contiguous ore bodies that can be economically developed with existing infrastructure.

From a market perspective, the expanded resource base strengthens Sitka’s balance sheet options, providing leverage for equity raises, joint‑venture discussions, or eventual acquisition interest. The 60,000‑meter 2026 drill program, the largest in the company’s history, is designed to double historic diamond‑drilling mileage, further de‑risking the project and potentially uncovering additional high‑grade targets. As gold prices remain robust, the combination of a sizable, near‑surface resource and a clear path to scale positions RC Gold as a compelling growth story within the North American junior mining sector.