CEO Clips - Sitka Gold Builds on Yukon Discovery with Expanded Resource and New Drilling

April 8, 2025
CEO Clips - Sitka Gold Builds on Yukon Discovery with Expanded Resource and New Drilling
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Why This Matters

Canadian gold explorer advancing multi-million-ounce resource in the Yukon’s Tombstone Gold Belt

Sitka Gold Corp. continues to scale up exploration at its Yukon-based gold project with a focus on growing what is already a significant resource. The company recently upgraded its estimate on one of its deposits to 1.3 million ounces at 1.01 g/t in the Indicated category, along with 1 million ounces at 0.94 g/t in the Inferred category. With strong infrastructure access and just a two-hour drive from Dawson City, the project is both accessible and advancing quickly. In 2025, Sitka launched a 30,000-meter drill program, fully financed and already underway—with results expected to follow. In an active Canadian gold belt, Sitka’s combination of scale, access, and near-surface grades gives it a meaningful position in the junior exploration space.

Key Takeaways

  • Focused on gold exploration in Canada’s Yukon Territory
  • Recently upgraded gold resource: 1.3Moz Indicated, 1Moz Inferred
  • Grades of 1.01 g/t and 0.94 g/t respectively
  • 30,000-meter drill program underway and fully funded
  • Road-accessible project located near Dawson City

Full Transcript

Sitka Gold is exploring in the tombstone gold belt in the Yukon are RC gold property. We've made a discovery up there back in 2020 and 2021. We've been focused on our blackjack deposit. That is one of two deposits. We just recently upgraded the resource on the blackjack. It now stands at 1.3 million ounces of gold, at a grade of 1.01g/t. That's in the indicated category, plus an additional million ounces at a grade of 0.94 g/t. In the inferred category, we have great access into our property. We're only a two hour drive out of Dawson City in the Yukon. We've started our 30 zero zero zero meter drill program that we have planned for this year. We're fully financed, so we've got 30,000m of drill results pending.

Learn More About Sitka Gold Corp.

To learn more about Sitka Gold Corp. (CSE: SIG, OTCQB: SITKF), please click the request investor info button.

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