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Yukon Metals Announces 2025 AZ Exploration Plans and Inaugural Drill Campaign at Chair Mountain

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Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) has announced its 2025 exploration plans for the AZ project, a 11,755-hectare property located 36km south of Beaver Creek, Yukon. The program includes 2,000 meters of diamond drilling at Chair Mountain, targeting a 1.2-kilometer-long gossan zone.

The exploration will follow up on the Nutzotin skarn mineral occurrence, where historic trench samples showed up to 10.3% copper, and test a chalcopyrite-bearing vein system. The company will conduct airborne geophysical surveys using magnetic and VTEM technology along the 5km Chair-to-Nutzotin trend.

Previous prospecting at Chair Mountain yielded rock chip samples with up to 3.49% copper. The company has identified a high-priority target area extending 2.5 kilometers toward the Nutzotin mineral occurrence, with hematite alteration suggesting potential for a porphyry-style system.

Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) ha annunciato i suoi piani di esplorazione per il 2025 per il progetto AZ, una proprietà di 11.755 ettari situata a 36 km a sud di Beaver Creek, Yukon. Il programma include 2.000 metri di perforazione a diamante a Chair Mountain, con l'obiettivo di una zona gossan lunga 1,2 chilometri.

L'esplorazione seguirà l'occorrenza minerale skarn di Nutzotin, dove campioni storici di trincea hanno mostrato fino a 10,3% di rame, e testerà un sistema di vene portanti di calcopirite. L'azienda condurrà indagini geofisiche aeree utilizzando tecnologia magnetica e VTEM lungo il trend Chair-to-Nutzotin di 5 km.

Le precedenti prospezioni a Chair Mountain hanno fornito campioni di roccia con fino a 3,49% di rame. L'azienda ha identificato un'area obiettivo ad alta priorità che si estende per 2,5 chilometri verso l'occorrenza minerale di Nutzotin, con alterazioni di ematite che suggeriscono il potenziale per un sistema di tipo porfido.

Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) ha anunciado sus planes de exploración para 2025 para el proyecto AZ, una propiedad de 11,755 hectáreas ubicada a 36 km al sur de Beaver Creek, Yukon. El programa incluye 2,000 metros de perforación diamantina en Chair Mountain, con el objetivo de una zona gossan de 1.2 kilómetros de largo.

La exploración seguirá la ocurrencia mineral skarn de Nutzotin, donde muestras históricas de trinchera mostraron hasta 10.3% de cobre, y probará un sistema de vetas con calcopirita. La empresa llevará a cabo encuestas geofísicas aéreas utilizando tecnología magnética y VTEM a lo largo de la tendencia Chair-to-Nutzotin de 5 km.

Las prospecciones anteriores en Chair Mountain obtuvieron muestras de roca con hasta 3.49% de cobre. La empresa ha identificado un área objetivo de alta prioridad que se extiende 2.5 kilómetros hacia la ocurrencia mineral de Nutzotin, con alteración de hematita que sugiere potencial para un sistema de tipo pórfido.

유콘 메탈스 Corp (CSE: YMC, OTCQB: YMMCF)는 유콘 비버 크릭에서 남쪽으로 36km 떨어진 11,755 헥타르 규모의 AZ 프로젝트에 대한 2025년 탐사 계획을 발표했습니다. 이 프로그램은 Chair Mountain에서 2,000미터의 다이아몬드 시추를 포함하며, 1.2킬로미터 길이의 고산 지역을 목표로 합니다.

탐사는 Nutzotin 스카른 광물 발생을 후속 조사하며, 역사적인 도랑 샘플에서 최대 10.3% 구리가 나타났고, 칼코파이트를 포함한 맥 시스템을 시험합니다. 회사는 5km Chair-to-Nutzotin 트렌드에 따라 자기 및 VTEM 기술을 사용한 공중 지구물리학 조사도 실시할 것입니다.

Chair Mountain에서의 이전 탐사는 최대 3.49% 구리를 포함한 암석 조각 샘플을 제공했습니다. 회사는 Nutzotin 광물 발생 방향으로 2.5킬로미터에 걸쳐 고우선 목표 지역을 확인했으며, 헤마타이트 변형이 포르피리 스타일 시스템의 가능성을 시사합니다.

Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) a annoncé ses plans d'exploration pour 2025 concernant le projet AZ, une propriété de 11 755 hectares située à 36 km au sud de Beaver Creek, Yukon. Le programme comprend 2 000 mètres de forage diamant à Chair Mountain, visant une zone de gossan longue de 1,2 kilomètre.

L'exploration fera suite à la découverte minérale skarn de Nutzotin, où des échantillons historiques de tranchées ont montré jusqu'à 10,3 % de cuivre, et testera un système de veinage contenant de la chalcopyrite. L'entreprise réalisera des enquêtes géophysiques aériennes utilisant des technologies magnétiques et VTEM le long de la tendance Chair-to-Nutzotin de 5 km.

Les prospections précédentes à Chair Mountain ont donné des échantillons de roche contenant jusqu'à 3,49 % de cuivre. L'entreprise a identifié une zone cible de haute priorité s'étendant sur 2,5 kilomètres vers la découverte minérale de Nutzotin, avec une altération d'hématite suggérant un potentiel pour un système de type porphyre.

Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) hat seine Explorationspläne für 2025 für das AZ-Projekt bekannt gegeben, ein 11.755 Hektar großes Grundstück, das 36 km südlich von Beaver Creek, Yukon, liegt. Das Programm umfasst 2.000 Meter Diamantbohrungen am Chair Mountain, wobei eine 1,2 Kilometer lange Gossanzone im Fokus steht.

Die Erkundung wird die mineralische Vorkommen von Nutzotin, wo historische Grabenproben bis zu 10,3% Kupfer zeigten, weiterverfolgen und ein mit Chalkopyrit angereichertes Adernsystem testen. Das Unternehmen wird Luftgeophysikalische Untersuchungen mit magnetischer und VTEM-Technologie entlang des 5 km langen Chair-to-Nutzotin-Trends durchführen.

Frühere Prospektionen am Chair Mountain lieferten Gesteinsproben mit bis zu 3,49% Kupfer. Das Unternehmen hat ein hochpriorisiertes Zielgebiet identifiziert, das sich 2,5 Kilometer in Richtung des mineralischen Vorkommens von Nutzotin erstreckt, wobei Hämatitveränderungen auf das Potenzial eines porphyrischen Systems hindeuten.

Positive
  • Historic trench samples showed high-grade copper content of 10.3%
  • Recent rock chip samples returned promising copper grades up to 3.49%
  • Large exploration area of 11,755 hectares with 5km mineralization trend
  • Comprehensive exploration program including diamond drilling and advanced geophysical surveys
Negative
  • Early-stage exploration project with no proven resources yet
  • Significant capital expenditure required for 2,000-meter drilling program

VANCOUVER, British Columbia, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company”) is pleased to announce details of its upcoming exploration program at the 11,755-hectare AZ project, located approximately 36km south of Beaver Creek, Yukon and is the largest of Yukon Metals’ seventeen properties, which total over 42,500 hectares.

Highlights of the 2025 planned exploration:

  • 2,000 meters of diamond drilling at Chair Mountain to test key targets along a 1.2-kilometer-long gossan zone, located 6km west of the Alaska Highway.

  • Follow-up on the Nutzotin skarn mineral occurrence, where historic trench samples returned up to 10.3% copper as well as testing of an intrusive-hosted chalcopyrite-bearing vein system located 200m east of the skarn (Marylin Creek Stock).

  • Airborne geophysical surveys using magnetic and VTEM to refine structural interpretations and identify potential conductive mineralization along the 5km long Chair-to-Nutzotin trend (Figure 1).

Rory Quinn, President & CEO stated, “The surface copper anomalies, oxidation, alteration, and proximity to a regionally mapped structure make the 5km-long Chair to Nutzotin trend a highly attractive exploration target. The systematic approach - integrating historical data, modern geophysics and targeted drilling - will allow Yukon Metals to refine its exploration model and unlock further potential at the AZ project.”

Building on last season’s successful prospecting at Chair Mountain, where rock chip samples returned up to 3.49% copper (Figure 2- see YMC NR issued January 15, 2025 here), the Company has identified a high-priority target area extending an additional 2.5 kilometers toward the Nutzotin mineral occurrence. Notably, hematite alteration (Figure 3) observed at surface and the presence of multiple copper occurrences along this corridor suggest the potential for a porphyry-style system. This corridor will be the focus of a multifaceted exploration program that includes 2,000 meters of diamond drilling, systematic mapping and geochemical sampling, and an airborne magnetic and VTEM (Versatile Time-Domain Electromagnetic) survey to target additional drill holes.

Interpreted mineralization trend the focus of the 2025 field program at AZ highlighted along with 2024 prospected gossan area.

Figure 1- Interpreted mineralization trend the focus of the 2025 field program at AZ highlighted along with 2024 prospected gossan area.

About the AZ Project

In September 2024, Yukon Metals conducted a helicopter-supported mapping and sampling program on its AZ property. A prominent zone of orange iron-stained and altered rocks was followed over 1.2 kilometres on the north and eastern flanks of Chair Mountain. Consistent copper mineralization was found along the prospected area. Of the sixty rock-chip samples taken, 18 samples showing significant copper content, assayed from 0.12-3.49%. Hematite alteration was also noted in the area. This can be associated with oxidized hydrothermal fluids, which are key drivers in forming major porphyry copper deposits.

Rock-chip samples were collected in quartz veins within basalt and andesite volcanic rocks in both outcrop and float exposures near the ridge tops. This area is coincident with a major topographic lineament, mapped regionally as a NW trending fault zone, that extends a further kilometer down to Sanpete Creek (a past alluvial gold producer) and the property boundary to the southeast.

The large gossan and mineralized veins provide evidence of a large hydrothermal system driving fluids through the faults and fractures on Chair Mountain. Strongly clay-altered biotite-quartz diorite dykes were mapped in the vicinity of mineralization and are interpreted to be part of the Nutzotin suite of intrusions.

Sample K140202 Grading <percent>3.49%</percent> Cu

Figure 2- Sample K140202 Grading 3.49% Cu

The Nutzotin mineral occurrence lies 2.5km northwest of Chair Mountain along strike of a large fault mapped by the Yukon Geologic Survey in 2007 (Figure 4) Two skarn showings were uncovered in this area in the late 1960’s which reportedly yielded up to 10.3% copper and 16.4 g/t silver with trace gold. Historical chip sampling over three trenches returned variable copper values, with the best returning 0.6% copper over 12m (AR 095814).

During a 2006 exploration program, a composite grab sample #RC276270 over a granite stock northeast of the skarn showings returned significant copper mineralization of 1,485 ppm (AR 094599). Silt sample #TC276691 downstream of the stock returned 0.183 g/t gold (AR 094599). The stock reportedly shows moderate to strong orange ankeritic alteration and pyritization with abundant quartz veining, noted as commonly chalcopyrite-bearing.

A small exploration program in 2012 by Strategic Metals uncovered a new mineralized zone on the northern contact of the stock with soil samples ranging between 134 to 1,105 ppm copper (AR 096422).

Limited outcrop exposure, permafrost and extensive volcanic ash over the soil profile has previously challenged exploration efforts in this area. Yukon Metals successfully deployed a deep permafrost soil drilling technique in 2024 at the Birch property which was designed for similar difficult exploration terrain. The use of this system at AZ in 2025 has the potential to reveal geochemical continuity between mineralized outcrops.

Sampling Methodology

Rock samples from the 2024 program referenced above were sent to ALS Minerals for analysis with sample preparation in Whitehorse, Yukon and analysis in North Vancouver, British Columbia.

Samples were prepared by crushing to 70% passing 2mm, 250g split pulverised better than 85% passing 75 microns (Prep-31A). Pulp samples were analysed for 48 elements by four acid digestion and ICP-MS super-trace analysis (ME-MS61L). All samples were analyzed for gold by fire assay and AAS with a 50g nominal sample weight (Au-AA24). Samples over 10,000 ppm Copper were assayed by method Cu-OG62.

Rock samples taken while prospecting referenced in this release are selective in nature and collected to determine the presence or absence of mineralization and may not be representative of the mineralization hosted on the project.

Sample K140214 showing intensely hematite-altered basalt with quartz-calcite stringers. Contains 111.5 ppm Cu.

   Figure 3- Sample K140214 showing intensely hematite-altered basalt with quartz-calcite stringers. Contains 111.5 ppm Cu.

Chair Mountain area geology from Israel et. al, 2007 with granite mapping from AR 094599 and the 2024 Yukon Metals field program, with interpreted mineralization trend.

Figure 4- Chair Mountain area geology from Israel et. al, 2007 with granite mapping from AR 094599 and the 2024 Yukon Metals field program, with interpreted mineralization trend.

AZ Project Location Map

Figure 5- AZ Project Location Map

Qualified Person
The technical content of this news release has been reviewed and approved by Helena Kuikka, P.Geo., VP Exploration for Yukon Metals and a Qualified Person (as defined by National Instrument 43-101).

About Yukon Metals Corp.

Yukon Metals is well financed and represents a property portfolio built on over 30 years of prospecting by the Berdahl family, the prospecting team behind Snowline Gold’s portfolio of primary gold assets. The Yukon Metals portfolio consists primarily of copper-gold and silver-lead-zinc assets, with a substantial gold and silver component. The Company is led by an experienced Board of Directors and Management Team across technical and finance disciplines.

Yukon Metals is focused on fostering sustainable growth and prosperity within Yukon's local communities, while simultaneously enhancing stakeholder value. Our strategy centers around inclusivity and shared prosperity, offering both community members and investors the chance to contribute to, and benefit from, our ventures.

The Yukon

The Yukon ranks 10th most prospective for mineral potential across global jurisdictions according to the Fraser Institute’s 2023 Survey of Mining Companies and is host to a highly experienced and conscientious local workforce, fostered by a long culture of exploration coupled with deep respect for the land. Recent major discoveries with local roots such as Snowline Gold’s Rogue Project - Valley Discovery, demonstrate the Yukon’s potential to generate fresh district-scale mining opportunities.

YUKON METALS CORP.

ON BEHALF OF THE BOARD OF YUKON METALS CORP.

“Rory Quinn”

Rory Quinn, President & CEO
Email: roryquinn@yukonmetals.com
Phone: 604-366-4408

For additional information, please contact:

Kaeli Gattens
Vice President, Investor Relations & Communications
Yukon Metals Corp.
Email: kaeligattens@yukonmetals.com
Website: www.yukonmetals.com

Event & Live Panel Discussion: Vancouver Yukon Investor Day – February 19th, 2025

Please join the Company today – February 19th at 2:00pm PT at the Terminal City Club – for a live presentation and panel discussion hosted by Invest Yukon. For more information please click here.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains certain forward-looking information, including information about the metal association and geology of the prospect areas at the AZ project, including Chair Mountain, Nutzotin, Wrangell and California, the accuracy of the copper mineralization, the potential for economic grades of copper, silver and gold, Yukon’s potential to generate fresh district-scale mining opportunities, and the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify the forward-looking information. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking information involves significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from those discussed or implied in the forward-looking information. Such factors include, among other things: risks and uncertainties relating to Chair Mountain and other properties not being prospective copper-rich, gold-rich or silver-rich geological systems; rock samples analysed not being representative of overall mineralization; the required assumptions of completed helicopter-supported mapping and sampling programs; not having significant scale and a lack of economic grade minerals; the Yukon not having the potential to generate fresh district-scale mining opportunities; and other risks and uncertainties. See the section entitled “Risk Factors” in the Company’s listing statement dated May 30, 2024, available under the Company’s profile on SEDAR+ at www.sedarplus.ca for additional risk factors. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with the forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to update or revise the information to reflect new events or circumstances, except as required by law.

References

Davidson, G.,(1987). Assessment report on the Chair Gold 1-12, 15-18 mineral claims (YA94380-YA94391, YA94392-YA94395), NTS 115-K-2. Prepared for G. Harris, Whitehorse Mining District, Yukon Territory. September 1987. AR # 091955

ISRAEL, S., COBBETT, R. and FOZARD, C., 2007. Bedrock geology of the Miles Ridge area, Yukon (parts of NTS 115F/15, 16 and 115K/1, 2) (1:50 000 scale). Yukon Geological Survey, Open File 2007-7.

Mitchell, A., B.Sc. (2012). Assessment report describing soil and rock geochemical sampling at the Nutz Property, Nutz 1-30 YD110353-YD110382, NTS 115/K02. Prepared for Strategic Metals Ltd. by Archer, Cathro & Associates (1981) Limited. Whitehorse Mining District, Yukon Territory. February 2012. AR # 095814

Richter, D.H., Singer, D.A., and Cox, D.P., 1975, Mineral resources map of the Nabesna quadrangle, Alaska: U.S. Geological Survey Miscellaneous Field Studies Map MF-655-K, 1 sheet, scale 1:250,000.

Schulze, C., B.Sc., (2007). NI 43-101-compliant report on the 2006 exploration program on the White River Nickel Project: ANT, HAND, WENG, RIVER, WR, PIC, and KLUX claim blocks (115K/02, 115F/15, 115F/16). Prepared for Xstrata plc (formerly Falconbridge Ltd.) by All-Terrane Mineral Exploration Services. Whitehorse Mining District, Yukon Territory. February 26, 2007. AR # 094599

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4834355c-eb12-455c-a5d4-8fa93ab6eb3d

https://www.globenewswire.com/NewsRoom/AttachmentNg/94a758b4-4070-450a-a0e9-ad9d72af2bc7

https://www.globenewswire.com/NewsRoom/AttachmentNg/43b30a15-f677-4a13-9985-71a05e7839ce

https://www.globenewswire.com/NewsRoom/AttachmentNg/feea2795-9b4e-4e92-8751-e9dc279ffda9

https://www.globenewswire.com/NewsRoom/AttachmentNg/2f0c5691-cd7d-4781-8c6f-c8213c4cdad3


FAQ

What is the size of Yukon Metals' 2025 drilling program at Chair Mountain (YMMCF)?

Yukon Metals plans to conduct 2,000 meters of diamond drilling at Chair Mountain in 2025, targeting a 1.2-kilometer-long gossan zone.

What were the copper grades from historic sampling at YMMCF's Nutzotin occurrence?

Historic trench samples at the Nutzotin skarn mineral occurrence returned up to 10.3% copper.

What is the total size of Yukon Metals' (YMMCF) AZ project?

The AZ project covers 11,755 hectares and is located 36km south of Beaver Creek, Yukon.

What were the results from YMMCF's 2024 Chair Mountain prospecting?

Rock chip samples from the 2024 prospecting at Chair Mountain returned copper grades up to 3.49%.

What geophysical surveys will YMMCF conduct at the AZ project in 2025?

Yukon Metals will conduct airborne magnetic and VTEM (Versatile Time-Domain Electromagnetic) surveys along the 5km Chair-to-Nutzotin trend.

Yukon Metals

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