Sitka Gold Files Technical Report for Expanded Mineral Resource Estimate at the RC Gold Project, Yukon
Original announcement by tmx on
- Company
- Sitka Gold Corp.
- Ticker
- SIG
- Exchange
- TSX
- Region
- Yukon Territory
- Primary commodity
- Gold
- Secondary commodities
- Tungsten
- Document categories
- Resource update
- Extracted
- 2026-09-16 22:45:49 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Sitka Gold has filed a technical report for its RC Gold Project in the Yukon, featuring an expanded mineral resource estimate. The total project now includes 1.29 million ounces of indicated gold and 3.83 million ounces of inferred gold, highlighted by a maiden resource at the Rhosgobel Deposit.
Reasoning: The announcement details an expanded mineral resource estimate with significant gold ounces across multiple deposits, including a new maiden resource at Rhosgobel, though much of the data restates previously announced results from February 2026.
Positive factors
- Significant gold resource growth at Blackjack and Rhosgobel
- Maiden resource established at Rhosgobel
- Presence of tungsten by-product potential
- QP sign-off provided
Facts used in scoring: 4
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.
Why it applies: The Rhosgobel Deposit is reported as a maiden MRE.
Evidence · text
“Maiden MRE defined for the Rhosgobel Deposit”
QP/CP Signedpositive
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: The technical report was reviewed and approved by Cor Coe, a Qualified Person.
Evidence · text
“reviewed and approved by Cor Coe, P.Geo., Director and CEO of the Company, and a Qualified Person”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Cut-off grades of 0.30 g/t gold are explicitly stated for the deposits.
Evidence · text
“using a cut-off grade of 0.30 g/t gold”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Resource Estimates (4)
indicatedRC Gold Project · goldTonnes: 39960000Grade: 1.01Grade Unit: g/tContained Metal: 1.29Contained Unit: mozView all detailsHide details
Identity
- Project
- RC Gold Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon Territory
- Ticker
- SIG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-01-21T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ronald G. Simpson
- Resource group id
- resource:d4645bbf1028128bcb12
- Deposit or zone
- Blackjack Deposit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 39960000
- Grade
- 1.01
- Grade Unit
- g/t
- Contained Metal
- 1.29
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t gold
Prior Estimate
- Resource Date
- 2025-01-21
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: Indicated resource at Blackjack, though effective date is historical relative to the report.
Evidence · text
“1.29 million ounces gold indicated (39.96 Mt @ 1.01 g/t Au) at the Blackjack Deposit (effective date of January 21, 2025)”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredRC Gold Project · goldTonnes: 34600000Grade: 0.94Grade Unit: g/tContained Metal: 1.04Contained Unit: mozView all detailsHide details
Identity
- Project
- RC Gold Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon Territory
- Ticker
- SIG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-01-21T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ronald G. Simpson
- Resource group id
- resource:5d2ab4dafcff1d64698e
- Deposit or zone
- Blackjack Deposit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 34600000
- Grade
- 0.94
- Grade Unit
- g/t
- Contained Metal
- 1.04
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t gold
Prior Estimate
- Resource Date
- 2025-01-21
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: Inferred resource at Blackjack.
Evidence · text
“1.04 million ounces (34.60 Mt @ 0.94 g/t Au) at the Blackjack Deposit (effective date of January 21, 2025)”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredRC Gold Project · goldTonnes: 100680000Grade: 0.7Grade Unit: g/tContained Metal: 2.25Contained Unit: mozView all detailsHide details
Identity
- Project
- RC Gold Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon Territory
- Ticker
- SIG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ronald G. Simpson
- Resource group id
- resource:39f31e61e804854e6ee0
- Deposit or zone
- Rhosgobel Deposit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 100680000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 2.25
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t gold
Prior Estimate
- Resource Date
- 2026-02-25
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: Maiden resource for Rhosgobel is a significant discovery/expansion signal.
Positive factors
- Maiden resource
Evidence · text
“Maiden MRE defined for the Rhosgobel Deposit comprises a pit-constrained inferred mineral resource of 2.25 million ounces of gold (100.68 Mt @ 0.70 g/t Au)”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredRC Gold Project · goldTonnes: 32140000Grade: 0.52Grade Unit: g/tContained Metal: 0.54Contained Unit: mozView all detailsHide details
Identity
- Project
- RC Gold Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon Territory
- Ticker
- SIG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ronald G. Simpson
- Resource group id
- resource:f496087e7dc21036c371
- Deposit or zone
- Eiger Deposit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 32140000
- Grade
- 0.52
- Grade Unit
- g/t
- Contained Metal
- 0.54
- Contained Unit
- moz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t gold
Prior Estimate
- Resource Date
- 2026-02-25
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: Updated inferred resource for Eiger.
Positive factors
- Updated resource
Evidence · text
“Updated MRE for the Eiger Gold Deposit has increased the inferred mineral resource to 535,000 ounces of gold (32.14 Mt @ 0.52 g/t Au)”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
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.