Sitka Gold
Primary ticker: TSXV:SIG, OTCQB:SITKF, FRA:1RF
Stage of development: Exploration
Primary minerals: Gold, Silver, Copper
Project to promote: RC Gold Project
Project location: Yukon, Nunavut, Nevada, Arizona
Website: www.sitkagoldcorp.com
Sitka Gold Corp. is a well-funded mineral exploration company headquartered in Canada with over $14 million in its treasury and no debt. The Company is managed by a team of experienced industry professionals and is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka is currently advancing its 100% owned, 431 square kilometre flagship RC Gold Project located within the Tombstone Gold Belt in the Yukon Territory. The Company is also advancing the Alpha Gold Project in Nevada and currently has drill permits for its Burro Creek Gold and Silver Project in Arizona and the Coppermine River Project in Nunavut.
Cash: CAD$24M
Debt: NIL
Major shareholders:
Anna Marie Cox – 15%
Sprott Fund – 10%
Discovery Fund – 8%
HNW Individuals – 20 %
Middlefield Fund – 8%
Management Ownership – ~12%
Financials
Management Profile
Corwin (Cor) Coe, B.Sc., P.Geo. – Director & CEO
35+ years experience in the mining sector primarily in Arizona, Nevada and Yukon; has put 2 mines into production & is credited with discovery of a 2.0 M oz gold deposit; Professional Geologist and Mining Engineering Technologist with a B.Sc. in Earth Sciences from SFU; diploma in Mining Engineering Technology from BCIT.
Mike Burke, B.Sc., P.Geo. – Director & VP of Corporate Development
35+ years experience in the mining sector primarily in the Yukon. Professional Geologist with a B.Sc. in Geology from UBC. Experience includes underground and open pit mine geologist, 20+ years with the Yukon Geological Survey as Head of Mineral Services, Chief Geologist for Golden Predator, Senior Operations Manager for Ensero Solutions.
What is your rationale for taking part in 121 Mining Investment?
Connect with current shareholders, strategic investors, etc who will buy in the market and long institutional investors.
What recent news would you like to highlight to investors attending?
April 1st, 2025: Sitka Gold Announces $10 Million Bought Deal Financing
March 18th, 2025: Sitka Intersects Multiple Occurrences of Visible Gold in the First Diamond Drill Hole of 2025 at its RC Gold Project, Yukon
February 26th, 2025: Sitka Gold Files Updated NI 43-101 Technical Report for its RC Gold Project, Yukon
February 20th, 2025: Sitka Begins 30,000 Metre Diamond Drilling Program at its Flagship RC Gold Project, Yukon
3 Months:
Complete current drill programs and release initial assay results.
Advance permitting and logistics for upcoming seasonal exploration.
Strengthen investor relations through strategic marketing and updates.
6 Months:
Expand and define mineralized zones at RC Gold.
Secure additional funding or partnerships to support aggressive exploration.
Refine geological models with new data to guide next phases of drilling.
12 Months:
Potentially update resource estimate.
Enhance shareholder value through significant discovery milestones or strategic transactions.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Key risks include volatile market conditions, permitting delays, and exploration uncertainties. We’re mitigating these by maintaining a strong cash position, fostering positive relationships with regulatory bodies, and strategically focusing on high-potential drill targets to maximize discovery success.
What do you think makes your company such a compelling investment?
*Extremely undervalued compared to peers exploring for intrusive related gold
*Management team with the proven ability to aggressively explore and leverage its assets for shareholder gains
*In addition to Yukon assets exposure to a diverse portfolio of attractive projects in proven, mining-friendly jurisdictions – from discovery stage to resource expansion
*advancing two new discoveries: RC Gold in Yukon and Alpha Gold in Nevada.
What are the top 3 key investor takeaways?
1) Significant Gold Resources at RC Gold Project
2) Strategic Expansion and Exploration
3) Strong Financial Position