Sitka Gold Business Summary

Sitka Gold Corp. (SITKF) is a mineral exploration and development company that generates value through the strategic acquisition, evaluation, and exploration of high-potential precious and base metal properties. The company operates primarily through its flagship RC Gold Project, a district-scale, 431-square-kilometer land package in the Yukon’s Tombstone Gold Belt, which is currently undergoing a massive 60,000-meter diamond drilling campaign to support a forthcoming Preliminary Economic Assessment (PEA). Other key business segments include the Alpha Gold Project in Nevada’s Cortez Trend, the Burro Creek Gold and Silver Project in Arizona, and the Coppermine River Project in Nunavut. Sitka competes directly with other Yukon-focused explorers such as Snowline Gold, Banyan Gold, and Victoria Gold, distinguishing itself as a well-funded junior player with over $45 million in its treasury and a zero-debt balance sheet as of early 2026. The leadership team is anchored by co-founders Corwin (Cor) Coe, who serves as CEO and Director, and Donald Penner, the company’s President and Director. Coe is a Professional Geologist and Mining Engineering Technologist with over 35 years of industry experience, while Penner brings 40 years of geological expertise, including a role in the discovery of the world-class Eskay Creek deposit. The executive suite is further strengthened by CFO Stephen Pearce and VP of Corporate Development Michael Burke, a former Chief Geologist for the Yukon Geological Survey. In February 2026, the company expanded its board with the appointment of Louis Archambeault, a senior mining executive with a background at Goldcorp and Orezone Gold. Sitka’s growth is supported by notable institutional backing, most significantly from Sprott Asset Management, which has served as a lead investor in multiple financing rounds.