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 [email protected] . Click here visit the Sitka Gold website to learn more about the Company ------------ For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
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