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Sitka Gold – Expanding the Rhosgobel Gold Discovery: Strong Drill Results, $30M Financing, Major 2026 Growth Plans

Cory
November 11, 2025

 

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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Discussion
1 Comment
    Nov 12, 2025 12:50 AM

    More good news… looks like managed money woke up in a better mood today. Good day for news possibly.(Silver has some life. )