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[BUSINESS] · Canada, Australia · 2 sources

Gold drilling updates: Sitka Gold expands high‑grade zone in Yukon and GoldArc reports record intercepts in Western Aus

Sitka Gold Corp announced assay results from its first 2026 drill hole (DDRCCC‑26‑121) at the RC Gold project in Yukon, Canada. The hole, drilled to 1,093 m, returned 273.8 m at 1.10 g/t Au, including 94.0 m at 1.79 g/t and a high‑grade interval of 19.3 m at 5.04 g/t. Results extend the known high‑grade Blackjack deposit both deeper and laterally, supporting the potential for an underground mining component.

GoldArc Resources disclosed its highest‑grade intercept to date from the Mt Stirling deposit near Leonora, Western Australia. A 1 m section assayed 106 g/t Au within an 8 m interval, accompanied by multiple high‑grade and bulk‑width hits, confirming continuity of gold shoots across the eastern sector. The data, part of a 34,000 m grade‑control program fully funded by BML Ventures, feed directly into a mine‑plan that aims toward future open‑pit development.

Both companies view the drill outcomes as strengthening the case for further mine development and underscore the scale potential of their respective gold systems.