Mr. Cor Coe reports

SITKA FILES TECHNICAL REPORT

Sitka Gold Corp. has filed a technical report on its 100-per-cent-owned RC gold project in the Yukon territory. The technical report, titled "RC Gold Project, NI 43-101 Technical Report, Dawson Mining District, Yukon Territory," is dated July 10, 2026, and has an effective date of Feb. 25, 2026. The technical report is available on SEDAR+ and on the company's website.

Mineral resource statement

The RC project hosts an indicated mineral resource estimate of 1,291,000 ounces of gold and an inferred MRE of 3,829,000 ounces of gold hosted within three at-surface, road-accessible pit-constrained deposits. The 60,000-metre drill program planned for 2026 is focused on expanding all three known deposits in addition to testing other high-potential targets in close proximity to the current resources.

Technical report

The company's May 14, 2026, news release disclosed tungsten trioxide and silver mineral resources. During the final stages of preparation of the technical report, the company determined not to include tungsten trioxide and silver in the mineral resource estimate for the Rhosgobel deposit. The inclusion of tungsten trioxide and silver in the mineral resource would have required the mineral resource estimate to be determined using a gold equivalent cut-off grade under National Instrument 43-101 requirements. The company's preference at this time is to instead continue the metallurgical and other work on the tungsten trioxide and silver with a view to including silver and tungsten trioxide in a future mineral resource estimate. Except for the presentation of the Rhosgobel deposit mineral resource estimate on a gold-only basis as described above, there are no material differences between the mineral resource estimates presented in the technical report and the disclosure contained in the company's May 14, 2026, news release.

Coming events

Sitka will be attending and/or presenting at the following events*:

• Yukon Mining Alliance Property Tours and Conference, Dawson City, Yukon: July 12 to July 15, 2026;
• Diggers and Dealers: Kalgoorlie, Western Australia: Aug. 3 to Aug. 5, 2026;
• Precious Metals Summit: Beaver Creek, Colo.: Sept. 22 to Sept. 25, 2026;
• Denver Gold Show: Colorado Springs, Denver: Sept. 27 to Sept. 30, 2026.

* All events are subject to change.

About the RC gold project

Sitka's 100-per-cent-owned flagship RC gold project consists of a 447-square-kilometre contiguous district-scale land package located in the heart of Yukon's Tombstone gold belt. The project is located approximately 100 kilometres east of Dawson City, which has a 5,000-foot paved runway, and is accessed by a secondary gravel road from the Klondike Highwaym which is usable year-round and is an approximately two-hour drive from Dawson City. It is one of the largest consolidated land packages strategically positioned midway between the Eagle gold mine and the past-producing Brewery Creek gold mine.

Each of the deposits at the RC gold project begins at surface and is potentially open pit minable. Initial bottle roll metallurgical testing confirmed the non-refractory characteristics of the gold mineralization and returned gold extraction rates averaging around 85 per cent for the Blackjack and Eiger deposits. Further metallurgical testwork in 2024 for Blackjack and Eiger returned recoveries ranging from 77.6 to 93 per cent for gravity followed by cyanidation. Initial bottle roll testing for Rhosgobel has confirmed non-refractory characteristics of the gold mineralization with two composite samples returning gold recoveries of 89 per cent and 96 per cent. Additional metallurgical testing at Rhosgobel has returned an average gold recovery of 94.3 per cent using conventional whole ore cyanidation leaching and an initial recovery of 84.7 per cent tungsten in rougher concentrate using conventional floatation. Metallurgical testing for potential silver recovery has not yet been completed.

For the purposes of the current resource model, it is assumed that a likely mill flow sheet would consist of a gravimetric, flotation and cyanidation circuit.

About Sitka Gold Corp.

Sitka Gold is a well-financed mineral exploration company headquartered in Canada. The company is managed by a team of experienced industry professionals, and is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka is currently advancing its 100-per-cent-owned, 447-square-kilometre flagship RC gold project located within the Tombstone gold belt in the Yukon territory. The company has also announced plans to spin out the Alpha gold project in Nevada and the Burro Creek gold and silver project in Arizona into a new discovery-focused exploration company to be named at a later date.

A 60,000-metre diamond drilling program planned for 2026 is currently under way at the company's flagship RC gold project, located in Yukon, Canada, where four diamond drill rigs are currently operating.

The scientific and technical content of this news release has been reviewed and approved by Cor Coe, PGeo, director and chief executive officer of the company, a qualified person as defined by National Instrument 43-101.

We seek Safe Harbor.