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Sitka Gold Corp. ( (TSE:SIG) ) has issued an update.
Sitka Gold Corp. reported strong assay results from 11 additional diamond drill holes at the Rhosgobel discovery within its RC Gold Project in Yukon, significantly expanding the known mineralized zone. Key intercepts include 156.9 metres grading 1.00 g/t gold, 94.0 metres at 1.41 g/t, 38.0 metres at 2.03 g/t and 146.7 metres at 1.05 g/t, with mineralization starting at surface and confirmed along a 975-metre strike length and to depths of more than 400 metres. The company has now identified sheeted quartz vein-hosted gold over 1.1 kilometres of strike, with visible gold observed throughout and tungsten mineralization continuing to be associated with the gold. With the zone remaining open in all directions and assays still pending from 15 further holes, Sitka indicates that Rhosgobel is emerging as one of the most significant new gold discoveries of 2025 within the Clear Creek Intrusive Complex and a potential multi-million-ounce deposit, underscoring the project’s growing scale and strategic importance in the Yukon gold sector.
The most recent analyst rating on (TSE:SIG) stock is a Hold with a C$0.97 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 100%-owned RC Gold Project located in the Yukon’s Tombstone Gold Belt. The company targets reduced intrusion-related gold systems, exploring large, road-accessible deposits within the Clear Creek Intrusive Complex and positioning itself within a prolific northern gold district.
Average Trading Volume: 1,140,739
Technical Sentiment Signal: Buy
Current Market Cap: C$377.6M
See more insights into SIG stock on TipRanks’ Stock Analysis page.