Sitka Gold - $SIG.V

Yesterday they updated RC Gold's MRE to include tungsten and silver:

5.12 Moz gold

2.93 Moz silver

51,345 tonnes of tungsten trioxide

Even using conservative prices like $4,000 gold, $60 silver and $2,500/MTU for tungsten trioxide.

Indicated gold: 1.29 Moz x $4,000 x 4% = $206M

Inferred gold: 3.83 Moz x $4,000 x 1.5% = $230M

Inferred silver: 2.93 Moz x $60 x 1.5% = $26M

Tungsten inferred: 51,345t WO3 x $2,500/MTU (100 MTU/t) x 84.7% recovery x 1.5% = $163M

Total: $625M USD against a $335M USD market cap.

PLUS they are currently in the middle of a 60,000m drill program. 30,000m at Rhosgobel alone which was discovered a year and a half ago and is open in every direction.

9,000m done so far in 2026 with all assays still pending.

Not financial advice. Just an observation.

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