Kitco MINING
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Kitco MINING
2Moz Gold Discovery in Four Months of Drilling | Cor Coe
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Sitka Gold (TSXV: SIG) has outlined more than 5 Moz in total gold resources at its RC Gold project in Yukon’s Tombstone Gold Belt following the maiden 2.25 Moz inferred resource at the Rhosgobel deposit, announced Feb. 25, 2026. The updated resource now totals 1.29 Moz indicated, and 3.83 Moz inferred across the Blackjack, Rhosgobel, and Eiger deposits, highlighting the rapid growth of the district-scale system.
Speaking with Kitco Mining at PDAC 2026, CEO Cor Coe said the project hosts three deposits across 11 gold-bearing intrusions, with significant exploration upside remaining. “Five to 10 million ounces is not uncommon,” Coe said, referring to similar intrusion-related deposits such as Fort Knox and Eagle.
Rhosgobel has emerged as the fastest-growing discovery. “15,000 meters to end up with a couple million ounces of gold,” Coe said. “Just basically four months of drilling.” Sitka has drilled just under 60,000 meters to define the current resource and plans another 60,000 meters in 2026, potentially advancing RC Gold toward a PEA next year.
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To learn more about Sitka Gold, visit: https://sitkagoldcorp.com/
01:00 - RC Gold Discovery and Project Origins
02:46 - Intrusion-Related Gold Deposits Explained
03:54 - RC Gold Maiden Resource Breakdown
06:18 - Tungsten Byproduct Potential at Rhosgobel
07:55 - Financing the Discovery and Capital Strategy
09:40 - 2026 Drill Plan and 60,000m Program
11:36 - Next Resource Update and Potential PEA
13:20 - Yukon Mining Policy and First Nations Partnerships
14:46 - 2026 Catalysts and Key Milestones
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Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.