Sitka Gold Corp. (TSXV: SIG) has announced the completion of its planned 60,000-metre diamond drilling program at its flagship RC Gold Project in Yukon, marking what the company describes as one of the largest drill programs ever completed in the territory. Alongside the operational milestone, the company has appointed veteran geologist Tim Termuende to its Board of Directors as Chairman. Results from 90 drill holes totalling approximately 30,242 metres remain pending, keeping investor attention firmly on the project through the coming weeks.

Key Points

  • Sitka Gold Corp. (TSXV: SIG | FSE: 1RF | OTCQX: SITKF)
  • 59,531 metres across 149 diamond drill holes completed at the 100%-owned RC Gold Project in Yukon
  • Results received for 59 holes to date; approximately 30,242 metres across 90 holes still pending
  • Investors will be watching for assay results from the remaining 90 drill holes and any resource estimate updates

Drill Program Completion and Standout Results at RC Gold

Sitka Gold confirmed completion of 59,531 metres of diamond drilling across 149 holes at the RC Gold Project, effectively doubling the total diamond drilling previously completed at the site. The most recently announced results, reported on October 14, 2026, included drill hole DDRCCC-26-156, which returned 236.0 metres of 1.15 g/t gold, including 71.0 metres of 2.79 g/t gold and 36.3 metres of 3.31 g/t gold from the Saddle Zone. The company states the 2026 program intersected broad zones of reduced intrusion-related gold mineralisation across all target zones, including Rhosgobel, Blackjack, Saddle, Eiger, Pukelman/Contact, and Bear Paw.

Visible Gold Vein Discovered in Lamprophyre at Pukelman Intrusion

A notable discovery was reported in drill hole DDRCCC-26-190, where a visible gold vein was identified within a mineralised lamprophyre dyke at the Pukelman intrusion at a depth of 150.26 metres. The release states that lamprophyre dykes have been shown to mark major conduits for gold mineralisation within the Clear Creek Intrusive Complex, with a dominant lamprophyre confirmed to run from the Blackjack deposit through the Saddle Zone and into the Eiger deposit. The company notes visible gold observations confirm the presence of mineralisation but are not intended to imply potential gold grades; assay results will follow.

Resource Base and Program Objectives at RC Gold

The RC Gold Project currently hosts an indicated mineral resource estimate of 1,291,000 ounces of gold and an inferred mineral resource estimate of 3,829,000 ounces of gold across three at-surface, road-accessible, pit-constrained deposits. The 2026 drill program was designed to expand all three known deposits — Blackjack, Eiger, and Rhosgobel — and evaluate the potential for an initial resource estimate at the Pukelman/Contact and Bear Paw Breccia targets. Drilling data will be used to update and upgrade existing mineral resource estimates across these deposits.

Tim Termuende Appointed Chairman of the Board

Sitka Gold has appointed Tim Termuende, a professional geologist with over 50 years of experience in mineral exploration, as Chairman of its Board of Directors. Termuende is co-founder and former CEO of Eagle Plains Resources and currently serves as its Executive Chairman, as well as Chairman of Trident Resources Corp. The release notes he has been a shareholder since Sitka's 2018 initial public offering and served on the company's Advisory Board for three years prior to this appointment. The immediate share price impact was not clear from available public information.