Sitka Gold

Company profile

The Company is a publicly traded mineral exploration company headquartered in Canada. The Company focuses on exploring economically viable mineral deposits, with a primary emphasis on gold, silver, and copper properties. Sitka is currently focused on its flagship RC Gold Project located within the Tombstone Gold Belt in the Yukon Territory, Canada. Other projects include: the Alpha Gold Project in Nevada; the Burro Creek Gold Project in Arizona; and the Coppermine River Project in Nunavut. Sitka owns a 100% interest in the RC Gold Project, comprised of 2,169 contiguous quartz claims covering approximately 447 square kilometres.

The RC Gold Project is located approximately 100 kilometres east of Dawson City, Yukon, which has an international airport with a 5,000 foot paved runway, and is accessed via a secondary gravel road from the Klondike Highway which is usable year-round and is an approximate two-hour drive from Dawson City. Exploration on the RC Gold Property has focused on identifying an intrusion-related gold system. Sitka's first diamond drill program was conducted in 2020 and subsequent drilling has discovered three gold deposits to date.

• Total RC Gold Project Mineral Resource Estimate (MRE) is now at 1.29 million ounces of gold indicated and 3.83 million ounces of gold inferred:

o 1.29 million ounces gold indicated (39.96 Mt @ 1.01 g/t Au) at the Blackjack Deposit (effective date of Feb. 2026);

o 3.83 million ounces gold inferred including:

o 2.25 million ounces (100.68 Mt @ 0.70 g/t Au) at the Rhosgobel Deposit;

o 1.04 million ounces (34.60 Mt @ 0.94 g/t Au) at the Blackjack Deposit (effective date of Feb. 2026); and

o 0.54 million ounces (32.14 Mt @ 0.52 g/t Au) at the Eiger Deposit.

• 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) beginning at surface, using a cut-off grade of 0.30 g/t gold. Additionally the Rhosgobel deposit is being evaluated for its potential to produce tungsten as a by-product.

• 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) beginning at surface, using a cut-off grade of 0.30 g/t gold.

• Indicated mineral resource of 1.29 million ounces of gold (39.96 Mt @ 1.01 g/t Au) and an inferred mineral resource of 1.04 million ounces of gold (34.60 Mt @ 0.94 g/t Au) at the Blackjack Deposit, using a cut-off grade of 0.30 g/t gold*

For more information on the RC Gold Project, refer to the technical report titled “Clear Creek Property, RC Gold Project, NI 43-101 Technical Report, Dawson Mining District, Yukon Territory”, prepared by Ronald G. Simpson, P.Geo., a QP as defined under NI 43- 101, with an effective date of January 21, 2025 (the “Technical Report”). The Technical Report is available in its entirety on the System for Electronic Data Analysis and Retrieval Plus (“SEDAR+”) at www.sedarplus.ca and readers should review it in its entirety for a full description of the mineral resource estimate at the RC Gold Project.