# Sitka Gold Updates Rhosgobel Gold Deposit Mineral Resource Estimate to Include Tungsten and Silver

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/sitka-gold-updates-rhosgobel-gold-deposit-mineral-resource-estimate-to-include-t--2382e592-0b25-4f60-945c-fa845ceac381

Original source: https://finance.yahoo.com/sectors/energy/articles/sitka-gold-updates-rhosgobel-gold-123000201.html

Publisher: yahoo\_press

Original announcement: 2026-05-14T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Sitka Gold

- Ticker: SIG

- Exchange: TSXV

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Silver, Tungsten

- Document categories: Resource update

- Extracted: 2026-08-20 23:04:24 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Sitka Gold has updated the Rhosgobel Gold Deposit Mineral Resource Estimate to include tungsten and silver. The update reports a pit-constrained Inferred resource of 100.68 Mt at 0.70 g/t Au, alongside Indicated and Inferred totals for the wider project.

Reasoning: The update expands the resource to include tungsten and silver, though the primary Rhosgobel update is categorized as Inferred.

- Positive factor: Contained metal growth

- Positive factor: Inclusion of new commodities \(tungsten and silver\)

- Negative factor: Resource is entirely Inferred

Facts used in scoring: 5

## Classification and evidence

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Rhosgobel update is explicitly described as an Inferred Mineral Resource.

Evidence · text

> consists of a pit-constrained Inferred Mineral Resource

**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 inclusion of tungsten and silver suggests a new expansion of the resource scope.

Evidence · text

> Updates Rhosgobel Gold Deposit Mineral Resource Estimate to Include Tungsten and Silver

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Resource Estimates (5)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-updates-rhosgobel-gold-deposit-mineral-resource-estimate-to-include-t--2382e592-0b25-4f60-945c-fa845ceac381#fact-resource-facts-0)

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: 2026-05-14T00:00:00.000Z

Reasoning: Large tonnage inferred resource reported.

- Negative factor: Inferred category

Evidence · text

> Inferred Mineral Resource of 100.68 million tonnes grading 0.70 g/t gold

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-updates-rhosgobel-gold-deposit-mineral-resource-estimate-to-include-t--2382e592-0b25-4f60-945c-fa845ceac381#fact-resource-facts-1)

silver

#### Identity

- Commodity: silver
- Ticker: SIG

#### Resource Data

- Category: inferred
- Tonnes: 100680000
- Grade: 0.9
- Grade Unit: g/t
- Contained Metal: 2926000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-14T00:00:00.000Z

Reasoning: Silver is newly included in the resource estimate.

- Positive factor: New commodity inclusion

Evidence · text

> 0.90 g/t silver

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-updates-rhosgobel-gold-deposit-mineral-resource-estimate-to-include-t--2382e592-0b25-4f60-945c-fa845ceac381#fact-resource-facts-2)

tungsten

#### Identity

- Commodity: tungsten
- Ticker: SIG

#### Resource Data

- Category: inferred
- Tonnes: 100680000
- Grade: 0.051
- Grade Unit: % WO3
- Contained Metal: 51345
- Contained Unit: t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-14T00:00:00.000Z

Reasoning: Tungsten \(WO3\) is newly included in the resource estimate.

- Positive factor: New commodity inclusion

Evidence · text

> 0.051% WO3 \(tungsten trioxide\) containing... 51,345 tonnes of WO3

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-updates-rhosgobel-gold-deposit-mineral-resource-estimate-to-include-t--2382e592-0b25-4f60-945c-fa845ceac381#fact-resource-facts-3)

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: 2026-05-14T00:00:00.000Z

Reasoning: Significant indicated gold resource component.

Evidence · text

> 1.29 million ounces gold indicated \(39.96 Mt @ 1.01 g/t Au\)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sitka-gold-updates-rhosgobel-gold-deposit-mineral-resource-estimate-to-include-t--2382e592-0b25-4f60-945c-fa845ceac381#fact-resource-facts-4)

gold

#### Identity

- Commodity: gold
- Ticker: SIG

#### Resource Data

- Category: inferred
- Contained Metal: 3830000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-14T00:00:00.000Z

Reasoning: Large inferred gold resource component.

Evidence · text

> 3.83 million ounces gold inferred

## 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.
