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New drilling results reveal expanding high-grade gold zones at Sitka Gold's Blackjack-Saddle-Eiger area in Yukon.

Market News
14 Oct 2026
Newsfile Corp
View Source
Bullish
New drilling results reveal expanding high-grade gold zones at Sitka Gold's Blackjack-Saddle-Eiger area in Yukon.

Sitka Gold Corp. announced strong assay results from recent diamond drilling at its RC Gold Project in Yukon, Canada, highlighting significant high-grade gold intercepts at the Saddle Zone and Eiger deposit. Notably, Hole DDRCCC-26-156 at Saddle intersected 236 meters averaging 1.15 g/t gold, including higher-grade cores up to 3.31 g/t, while step-out drilling at Eiger returned intervals with grades as high as 24.80 g/t gold. These results confirm expanding gold mineralization along a 2 km corridor linking Blackjack, Saddle, and Eiger deposits, supported by a major lamprophyre dyke acting as a structural conduit. With 58,000 meters drilled so far in 2026 and a 60,000-meter program underway, Sitka aims to further define and potentially combine these deposits into a larger continuous gold system, enhancing future resource estimates and project value.

Sitka Gold Corp.'s recent drilling highlights come as 41 of 83 Basic Materials-sector US stocks on Pluang rose today. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 14, 2026 19:11 WIB: Sibanye Stillwater Ltd (SBSW) traded at USD 10.03 with a 1-day change of +1.21% and a typical hold time of 51 days, Harmony Gold Mining Co. (HMY) at USD 16.89 with +1.08% change and 45 days hold time, and Trekor Metals Limited (TGB) at USD 8.47 with a -1.05% change and a typical hold time of 3 days. Pluang order activity showed SBSW with 68% sell and 32% buy, HMY with 53% sell and 47% buy.

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