# Sitka Gold Announces Maiden Resource Estimate at Its Rhosgobel Gold Deposit and Expands Total Mineral Resource Estimate at the RC Gold Project, Yukon Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/sitka-gold-announces-maiden-resource-estimate-at-its-rhosgobel-gold-deposit-and--5cba1d16-2f4e-4bf4-b7ba-3c696227e99a Original source: https://finance.yahoo.com/news/sitka-gold-announces-maiden-estimate-100000574.html Publisher: yahoo\_press Original announcement: 2026-02-25T10:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Sitka Gold - Ticker: SIG - Exchange: TSXV - Region: Yukon - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update - Extracted: 2026-08-21 01:51:00 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Sitka Gold has announced a maiden Mineral Resource Estimate for the Rhosgobel Gold Deposit and expanded the total RC Gold Project resource. The total project now contains 1.29 million ounces of indicated gold and 3.83 million ounces of inferred gold. Reasoning: The announcement defines a maiden resource at Rhosgobel and expands the total project resource to over 5 million ounces, though the majority remains in the inferred category. - Positive factor: Maiden resource defined at Rhosgobel - Positive factor: Significant total gold resource scale - Positive factor: Expansion of total project resource - Negative factor: High proportion of inferred resource \(75%\) Facts used in scoring: 5 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The announcement explicitly states a maiden Mineral Resource Estimate was defined for Rhosgobel. Evidence · text > Maiden Mineral Resource Estimate \("MRE"\) defined for the Rhosgobel Gold **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: A significant portion of the total resource \(3.83 Moz\) is classified as Inferred. Evidence · text > 3.83 million ounces gold inferred ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Resource Estimates (5) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-announces-maiden-resource-estimate-at-its-rhosgobel-gold-deposit-and--5cba1d16-2f4e-4bf4-b7ba-3c696227e99a#fact-resource-facts-0) gold #### Identity - Commodity: gold - Ticker: SIG #### Resource Data - Category: indicated - Tonnes: 39960000 - Grade: 1.01 - Grade Unit: g/t - Contained Metal: 1290000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Indicated portion of the total project resource. - Positive factor: Solid indicated tonnage Evidence · text > 1.29 million ounces gold indicated \(39.96 Mt @ 1.01 g/t Au\) at Blackjack ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-announces-maiden-resource-estimate-at-its-rhosgobel-gold-deposit-and--5cba1d16-2f4e-4bf4-b7ba-3c696227e99a#fact-resource-facts-1) gold #### Identity - Commodity: gold - Ticker: SIG #### Resource Data - Category: inferred - Tonnes: 167420000 - Grade: 0.7 - Grade Unit: g/t - Contained Metal: 3830000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Total project inferred resource including Rhosgobel, Blackjack, and Eiger. - Positive factor: Large scale inferred resource - Negative factor: High inferred component Evidence · text > 3.83 million ounces gold inferred including: 2.25 million ounces \(100.68 Mt @ 0.70 g/t Au\) at Rhosgobel ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-announces-maiden-resource-estimate-at-its-rhosgobel-gold-deposit-and--5cba1d16-2f4e-4bf4-b7ba-3c696227e99a#fact-resource-facts-2) gold #### Identity - Commodity: gold - Ticker: SIG #### Resource Data - Category: inferred - Tonnes: 100680000 - Grade: 0.7 - Grade Unit: g/t - Contained Metal: 2250000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Maiden resource component at Rhosgobel. - Positive factor: Maiden resource definition Evidence · text > 2.25 million ounces \(100.68 Mt @ 0.70 g/t Au\) at Rhosgobel ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-announces-maiden-resource-estimate-at-its-rhosgobel-gold-deposit-and--5cba1d16-2f4e-4bf4-b7ba-3c696227e99a#fact-resource-facts-3) gold #### Identity - Commodity: gold - Ticker: SIG #### Resource Data - Category: inferred - Tonnes: 34600000 - Grade: 0.94 - Grade Unit: g/t - Contained Metal: 1040000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Inferred component at Blackjack. Evidence · text > 1.04 million ounces \(34.60 Mt @ 0.94 g/t Au\) at Blackjack ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-announces-maiden-resource-estimate-at-its-rhosgobel-gold-deposit-and--5cba1d16-2f4e-4bf4-b7ba-3c696227e99a#fact-resource-facts-4) gold #### Identity - Commodity: gold - Ticker: SIG #### Resource Data - Category: inferred - Tonnes: 32140000 - Grade: 0.52 - Grade Unit: g/t - Contained Metal: 540000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Inferred component at Eiger. Evidence · text > 0.54 million ounces \(32.14 Mt @ 0.52 g/t Au\) at Eiger ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.