# Sitka Gold to Accelerate 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-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299

Original source: https://money.tmx.com/en/quote/SIG/news/7116957374320168/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property

Publisher: tmx

Original announcement: 2026-07-28T12:30:00.000Z

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, Silver

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

- Extracted: 2026-09-16 22:32:15 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Sitka Gold Corp. is accelerating its acquisition of a 100% interest in the Clear Creek Property in the Yukon from the receiver of Victoria Gold Corp. The transaction consolidates Sitka's ownership of the 447-square-kilometre RC Gold Project, which contains significant gold resources and is currently undergoing a 60,000-metre drill program.

Reasoning: The announcement details the acceleration of a 100% acquisition of the Clear Creek Property, consolidating a major gold project with significant existing resources and an active large-scale drilling program.

- Positive factor: Consolidation of 100% ownership of the RC Gold Project

- Positive factor: Large scale gold resources \(Indicated and Inferred\)

- Positive factor: Significant ongoing 60,000m drill program

- Positive factor: Removal of market uncertainty regarding Victoria Gold receivership

- Negative factor: Acquisition involves a 5.0% NSR royalty payment

Facts used in scoring: 11

## Classification and evidence

**agreement\_transaction**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document announces an arrangement and separation agreement to accelerate the acquisition of 100% interest in the Clear Creek Property.

Evidence · text

> Sitka to accelerate its acquisition of a 100% interest in the Clear Creek Property from the Receiver of Victoria Gold Corp.

**Inferred Resource**

Polarity: negative

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

Why it applies: The Rhosgobel deposit is reported as an inferred mineral resource.

Evidence · text

> Rhosgobel Deposit, which comprises an inferred mineral resource of 1 2.25 million ounces of gold

**Indicated Resource**

Polarity: positive

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

Why it applies: The RC Gold Project hosts an indicated MRE.

Evidence · text

> The RC Gold Project hosts an indicated MRE of 1,291,000 ounces of gold

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes a QP sign-off by Cor Coe, P.Geo.

Evidence · text

> All scientific and technical content of this news release has been reviewed and approved by Cor Coe, P.Geo., Director and CEO of the Company, and a Qualified Person \(QP\)

**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: 10. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### DDRCCC-25-118

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-drill-facts-2)

RC · gold

#### Identity

- Hole ID: DDRCCC-25-118
- Project: RC
- Commodity: gold
- Region: canada\_yt
- Reported Region: canada\_yt
- Ticker: SIG

#### Geometry

- Grade: 0.5
- Grade Unit: %
- Intercept: 93.3 m

#### Classification

- Sample Type: drill

#### Location

- Location: Pukelman intrusion
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: Intercept in Pukelman intrusion.

- Positive factor: Near surface mineralization

Evidence · text

> DDRCCC-25-118 within the Pukelman intrusion intersecting 93.3 m of 0.50 g/t Au

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Clear Creek Property hosts 1 : the Rhosgobel Deposit, which comprises an inferred mineral resource of 1 2.25 million"

### DDRCCC-25-118

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-drill-facts-3)

RC · gold

#### Identity

- Hole ID: DDRCCC-25-118
- Project: RC
- Commodity: gold
- Region: canada\_yt
- Reported Region: canada\_yt
- Ticker: SIG

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 23.6 m

#### Classification

- Sample Type: drill

#### Location

- Location: Pukelman intrusion
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: High grade component of DDRCCC-25-118.

- Positive factor: Higher grade within intercept

Evidence · text

> including 23.6 m of 1.00 g/t Au

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Clear Creek Property hosts 1 : the Rhosgobel Deposit, which comprises an inferred mineral resource of 1 2.25 million"

### DDRCCC-25-113

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-drill-facts-4)

RC · gold

#### Identity

- Hole ID: DDRCCC-25-113
- Project: RC
- Commodity: gold
- Region: canada\_yt
- Reported Region: canada\_yt
- Ticker: SIG

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 119 m
- From: 0 m
- To: 119 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: DDRCCC-25-113:0-119

#### Location

- Location: Contact zone
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: Wide intercept in metasediments.

- Positive factor: Significant width from surface

Evidence · text

> DDRCCC-25-113 within adjacent metasediments of the Contact zone intersecting 119.0 m of 1.10 g/t Au from surface

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Clear Creek Property hosts 1 : the Rhosgobel Deposit, which comprises an inferred mineral resource of 1 2.25 million"

### DDRCCC-25-117

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-drill-facts-5)

RC · gold

#### Identity

- Hole ID: DDRCCC-25-117
- Project: RC
- Commodity: gold
- Region: canada\_yt
- Reported Region: canada\_yt
- Ticker: SIG

#### Geometry

- Grade: 1.05
- Grade Unit: g/t
- Intercept: 21 m

#### Classification

- Sample Type: drill

#### Location

- Location: Bear Paw Breccia zone
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: Intercept in Bear Paw Breccia.

Evidence · text

> DDRCCC-25-117 returned 21.0 m of 1.05 g/t Au

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Clear Creek Property hosts 1 : the Rhosgobel Deposit, which comprises an inferred mineral resource of 1 2.25 million"

### DDRCCC-25-117

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-drill-facts-6)

RC · gold

#### Identity

- Hole ID: DDRCCC-25-117
- Project: RC
- Commodity: gold
- Region: canada\_yt
- Reported Region: canada\_yt
- Ticker: SIG

#### Geometry

- Grade: 1.64
- Grade Unit: g/t
- Intercept: 10 m

#### Classification

- Sample Type: drill

#### Location

- Location: Bear Paw Breccia zone
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: High grade component of DDRCCC-25-117.

- Positive factor: Higher grade component

Evidence · text

> including 10.0 m of 1.64 g/t Au

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Clear Creek Property hosts 1 : the Rhosgobel Deposit, which comprises an inferred mineral resource of 1 2.25 million"

### DDRCCC-25-117

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-drill-facts-7)

RC · gold

#### Identity

- Hole ID: DDRCCC-25-117
- Project: RC
- Commodity: gold
- Region: canada\_yt
- Reported Region: canada\_yt
- Ticker: SIG

#### Geometry

- Grade: 2.29
- Grade Unit: g/t
- Intercept: 3.5 m

#### Classification

- Sample Type: drill

#### Location

- Location: Bear Paw Breccia zone
- Loc. Source: document

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: High grade component of DDRCCC-25-117.

- Positive factor: Highest grade component

Evidence · text

> and 3.5 m of 2.29 g/t Au

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Clear Creek Property hosts 1 : the Rhosgobel Deposit, which comprises an inferred mineral resource of 1 2.25 million"

### DDRCCC-25-113

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-drill-facts-10)

RC · gold

#### Identity

- Hole ID: DDRCCC-25-113
- Project: RC
- Commodity: gold
- Region: canada\_yt
- Reported Region: canada\_yt
- Ticker: SIG

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 23.6 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: Wide intercept in metasediments.

- Positive factor: Significant width from surface

Evidence · text

> including 23.6 m of 1.00 g/t Au

#### 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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Clear Creek Property hosts 1 : the Rhosgobel Deposit, which comprises an inferred mineral resource of 1 2.25 million"

## Resource Estimates (1)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-resource-facts-1)

RC Gold Project · gold

#### Identity

- Project: RC Gold Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- 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:42cfc0b3a75f2f7bf8fd
- Deposit or zone: Rhosgobel Deposit
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 100680000
- Grade: 0.7
- Grade Unit: g/t
- Contained Metal: 2.25
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2026-02-25

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: Significant inferred resource at Rhosgobel.

- Positive factor: Large scale resource

- Negative factor: Inferred category

Evidence · text

> Rhosgobel Deposit, which comprises an inferred mineral resource of 1 2.25 million ounces of gold \(100.68 Mt @ 0.70 g/t Au\)

#### 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)

### bottle roll

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-metallurgical-facts-8)

RC Gold Project · gold

#### Identity

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

#### Test Work

- Program Status: scoping
- Test Type: bottle roll
- Processing Route: cyanidation
- Sample: Rhosgobel composite samples

#### Recovery

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

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: High gold recovery at Rhosgobel via cyanidation.

- Positive factor: High recovery

Evidence · text

> Additional metallurgical testing at Rhosgobel has returned an average gold recovery of 94.3% using conventional whole ore cyanidation leaching

### flotation

[Link to this fact](https://atlas-extractions.minestarters.com/news/sitka-gold-to-accelerate-acquisition-of-100-interest-in-the-clear-creek-property--3382b994-3f01-457f-9c34-9c1a160dd299#fact-metallurgical-facts-9)

RC Gold Project · tungsten

#### Identity

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

#### Test Work

- Program Status: scoping
- Test Type: flotation
- Processing Route: flotation
- Sample: Rhosgobel composite samples

#### Recovery

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

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: Tungsten recovery via flotation.

Evidence · text

> and an 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.
