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Sitka Gold Builds Momentum at Yukon’s RC Gold with New Deposit and Expanded Drilling

Story Highlights
  • Sitka Gold expanded resources, found a third deposit, and completed record drilling at its RC Gold Project.
  • With over $45 million and a 60,000-metre drill program, Sitka seeks to grow resources and solidify its Yukon gold camp position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sitka Gold Builds Momentum at Yukon’s RC Gold with New Deposit and Expanded Drilling

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Sitka Gold Corp. ( (TSE:SIG) ) has shared an announcement.

Sitka Gold Corp. reported a transformational 2025 at its RC Gold Project in Yukon, highlighted by a significantly expanded mineral resource at the Blackjack deposit, the discovery of a third deposit at Rhosgobel, and completion of the largest drilling campaign on the property to date, totaling about 32,000 metres across multiple targets. Backed by more than $45 million in cash after oversubscribed financings, a 169% share price gain, and recognition of CEO Cor Coe as Yukon’s 2025 Prospector of the Year, the company has secured a fully funded 60,000-metre drill program for 2026 that aims to double total drilling at RC Gold, grow existing resources, and make further discoveries, reinforcing its positioning as an emerging multi-million-ounce gold camp developer.

The most recent analyst rating on (TSE:SIG) stock is a Hold with a C$0.90 price target. To see the full list of analyst forecasts on Sitka Gold Corp. stock, see the TSE:SIG Stock Forecast page.

Spark’s Take on TSE:SIG Stock

According to Spark, TipRanks’ AI Analyst, TSE:SIG is a Neutral.

The score is held back mainly by pre-revenue financials with widening losses and deeply negative cash flows, despite a low-debt balance sheet. Technicals are mildly bearish near-term, while corporate events (expanded drilling success and sizeable financings to fund a major 2026 program) provide the key offsetting support; valuation offers limited help given negative earnings and no stated yield.

To see Spark’s full report on TSE:SIG stock, click here.

More about Sitka Gold Corp.

Sitka Gold Corp. is a mineral exploration company focused on gold, with its flagship asset being the 100%-owned, road-accessible RC Gold Project in Yukon’s Tombstone Gold Belt. The company is advancing a district-scale, intrusion-related gold camp with multiple deposits and targets, supported by a strong treasury and growing institutional and analyst interest.

Average Trading Volume: 1,006,022

Technical Sentiment Signal: Buy

Current Market Cap: C$354.3M

See more insights into SIG stock on TipRanks’ Stock Analysis page.

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