Latest conclusion Summary: The RC Gold Project is strategically located midway between Victoria Gold's Eagle Gold Mine - Yukon's newest gold mine, which did not reach commercial production until the summer of 2020 - and Sabre Gold Mine's Brewery Creek Gold Mine. The Eagle Mine has a Measured & Indicated resource of 4.304 million ounces of gold in the form of 233 million tonnes of ore at an average grade of 0.57 g/t gold, according to the latest figures from February this year. Despite these, at first glance, low gold grades, Victoria Gold has calculated an All-in Sustaining Cost ("AISC") of US$1,114 per ounce, which provides strong margins at today's gold prices. These values, along with Victoria's industrial approach, are a good benchmark to rank Sitka's success. This is because Sitka's gold grades to date have averaged 30% higher than Victoria's - although the drill density is not yet sufficient to determine a resource in the M&I category. With the 10,000-meter drill program now underway, Sitka has an excellent chance of quickly adding substantial resources to its 1.3 million ounces of gold. Doubling the resource is not an impossibility, considering that the published resource has historically required only about 13,000 meters of drilling. One thing to keep in mind is that back then Sitka did not know the structure of the deposit as well as it does today, so the current drilling should be more accurate.