# Sitka Gold Completes Acquisition of 100% Interest in the Clear Creek Property at Its RC Gold Project, Yukon

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/sitka-gold-completes-acquisition-of-100-interest-in-the-clear-creek-property-at--abd123c3-8119-4563-b203-92d3c8c94c92

Original source: https://money.tmx.com/en/quote/SIG/news/7902218798443291/sitka-gold-completes-acquisition-of-100-interest-in-the-clear-creek-property-at-

Publisher: tmx

Original announcement: 2026-08-20T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Sitka Gold Corp.

- Ticker: SIG

- Exchange: TSX

- Region: Yukon

- Primary commodity: Gold

- Secondary commodities: Tungsten

- Document categories: Drill results, Agreement transaction, Resource update, Metallurgy

- Extracted: 2026-09-16 22:25:15 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Sitka Gold Corp. has completed the acquisition of a 100% interest in the Clear Creek Property, consolidating its ownership of the 447-square-kilometre RC Gold Project in the Yukon. The project hosts a combined indicated and inferred gold resource of approximately 5.1 million ounces and is currently undergoing a major 60,000-metre diamond drilling program.

Reasoning: The company has successfully consolidated 100% ownership of a major district-scale gold project in the Yukon, significantly de-risking its flagship asset while simultaneously executing a massive drill program.

- Positive factor: Completion of 100% acquisition of Clear Creek Property

- Positive factor: Consolidation of district-scale RC Gold Project

- Positive factor: Large-scale 60,000m drill program underway

- Positive factor: Significant gold resource base \(5.1M oz total\)

- Positive factor: Non-refractory metallurgical characteristics confirmed

Facts used in scoring: 7

## Classification and evidence

**agreement\_transaction**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document announces the completion of the acquisition of the Clear Creek Property.

Evidence · text

> Sitka Gold Completes Acquisition of 100% Interest in the Clear Creek Property

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate is reported in accordance with NI 43-101.

Evidence · text

> reported in accordance with NI 43-101

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: A significant portion of the resource is in the Inferred category.

Evidence · text

> an inferred MRE of 3,829,000 ounces of gold

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("flotation"\)

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route \("gravity"\)

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### DDRCCC-26-132

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-completes-acquisition-of-100-interest-in-the-clear-creek-property-at--abd123c3-8119-4563-b203-92d3c8c94c92#fact-drill-facts-1)

RC · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: DDRCCC-26-132
- Project: RC
- Commodity: gold
- Region: canada\_yt
- Reported Region: canada\_yt
- Ticker: SIG

#### Geometry

- Grade: 1.25
- Grade Unit: g/t
- Intercept: 218.6 m

#### Classification

- Program: resource
- Sample Type: drill

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-08-10T00:00:00.000Z

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Strong intercept in a broad zone.

- Positive factor: Significant width and grade

Evidence · text

> DDRCCC-26-132, which intersected 218.6 metres of 1.25 g/t gold , including 44.4 metres of 3.86 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### DDRCCC-26-132

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-completes-acquisition-of-100-interest-in-the-clear-creek-property-at--abd123c3-8119-4563-b203-92d3c8c94c92#fact-drill-facts-2)

RC · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: DDRCCC-26-132
- Project: RC
- Commodity: gold
- Region: canada\_yt
- Reported Region: canada\_yt
- Ticker: SIG

#### Geometry

- Grade: 3.86
- Grade Unit: g/t
- Intercept: 44.4 m

#### Classification

- Program: resource
- Sample Type: drill

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-08-10T00:00:00.000Z

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: High grade intercept within a large width.

- Positive factor: High grade interval

Evidence · text

> 44.4 metres of 3.86 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-completes-acquisition-of-100-interest-in-the-clear-creek-property-at--abd123c3-8119-4563-b203-92d3c8c94c92#fact-resource-facts-3)

RC Gold Project · gold

#### Identity

- Project: RC Gold Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: SIG

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Resource group id: resource:e978cecd8e4be2bad521
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Contained Metal: 1291000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Significant gold resource reported.

- Positive factor: Large scale resource

- Negative factor: High inferred component

Evidence · text

> hosts an indicated MRE of 1,291,000 ounces of gold and an inferred MRE of 3,829,000 ounces of gold

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-completes-acquisition-of-100-interest-in-the-clear-creek-property-at--abd123c3-8119-4563-b203-92d3c8c94c92#fact-resource-facts-4)

RC Gold Project · gold

#### Identity

- Project: RC Gold Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: SIG

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Resource group id: resource:118b2005d3c3de1ed615
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Contained Metal: 3829000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Significant gold resource reported.

- Positive factor: Large scale resource

- Negative factor: High inferred component

Evidence · text

> an inferred MRE of 3,829,000 ounces of gold

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

## Metallurgical Results (2)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-completes-acquisition-of-100-interest-in-the-clear-creek-property-at--abd123c3-8119-4563-b203-92d3c8c94c92#fact-metallurgical-facts-5)

RC Gold Project · gold

#### Identity

- Project: RC Gold Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: SIG

#### Test Work

- Processing Route: conventional whole ore cyanidation leaching
- Sample: Rhosgobel

#### Recovery

- Recovery: 94.3 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Strong recovery results for Rhosgobel.

- Positive factor: High recovery

- Positive factor: Non-refractory

Evidence · text

> average gold recovery of 94.3% using conventional whole ore cyanidation leaching

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-completes-acquisition-of-100-interest-in-the-clear-creek-property-at--abd123c3-8119-4563-b203-92d3c8c94c92#fact-metallurgical-facts-6)

RC Gold Project · tungsten

#### Identity

- Project: RC Gold Project
- Commodity: tungsten
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: SIG

#### Test Work

- Processing Route: conventional flotation
- Sample: Rhosgobel

#### Recovery

- Recovery: 84.7 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-20T00:00:00.000Z

Reasoning: Good tungsten recovery reported.

- Positive factor: Good recovery

Evidence · text

> initial recovery of 84.7% tungsten in rougher concentrate using conventional flotation

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.