Yukon Metals Identifies New Copper Zone and Mobilizes Second Drill Rig at Az Property
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YUKON METALS IDENTIFIES NEW COPPER ZONE AND
MOBILIZES SECOND DRILL RIG AT AZ PROPERTY
July 2, 2025 – Vancouver, British Columbia – Yukon Metals Corp. (CSE: YMC, FSE: E770,
OTCQB: YMMCF) (“Yukon Metals ” or the “ Company is pleased to announce the
identification of a newly defined copper target at its 100%-owned 13,110 hectare AZ Project,
located approximately 6 kilometres west of the Alaska Highway and 36 kilometres south of
Beaver Creek, Yukon. The Company has mobilized a second drill rig to test the newly
identified zone, located approximately 4 kilometres southeast of current drilling, to help
accelerate exploration across multiple high -priority targets within a large, underexplored
hydrothermal system.
Highlights:
• Second drill rig mobilized to test a newly defined copper target 4 kilometres
southeast of current drilling (Figure 1).
• Newly acquired claims increase the AZ property from 11,755 hectares to
13,110 hectares and extend to the east from the newly identified copper target.
• Target generated through systematic fieldwork, including mapping of a potassic
alteration zone and associated chalcopyrite mineralization.
• Exploration advancing in parallel across multiple targets within a large-scale
hydrothermal system.
“We are m obilizing a second rig at AZ as we scale up exploration across this large,
underexplored hydrothermal system,” said Rory Quinn, President & CEO of Yukon Metals.
“This new target was defined through detailed fieldwork and aligns well with our evolving
geological model at AZ. With two rigs now turning, we’re in a strong position to test multiple
high-priority zones in parallel. Each hole contributes critical insight as we work toward
uncovering the full potential of this emerging copper system.”
625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com
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Figure 1 – Map showing Chair Mountain drilling location in relation to the new copper
target and recently staked claims at AZ.
The newly defined target is underlain by intrusive rocks exhibiting potassic alteration and
visible chalcopyrite in veins and disseminations. The alteration zone extends over
approximately 2 square kilometers, and field observations suggest it may represent a lateral
or upper expression of a porphyry copper system. While classic stockwork veining is not
exposed at surface, the geological characteristics and surface mineralization provide a
strong technical basis for drill testing. The target lies within a drainage identified by regional
geochemical datasets as having high copper porphyry potential ( Mackie et. al., 2016 ),
comparable to those associated with known porphyry deposits in the Yukon.
625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com
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Yukon-based and Local First Nation Contractors Engaged
Drill pad construction at the AZ Property was completed by Minconsult in partnership with
Vision Quest Drilling, a Kluane First Nation citizen-owned company. Helicopter support is
being provided by Yukon -based Capital Helicopters, with drilling services co ntracted to
Platinum Drilling. Camp services are being delivered by Käganì, a Kluane First Nation
citizen-owned enterprise, in partnership with long -standing Yukon -based exploration
contractor Archer Cathro.
Figure 2 –– AZ Sample K155053 from outcrop exposure of intensely altered diorite dyke
with band of chalcopyrite and minor bornite and pyrite.
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Figure 3 –– Drill location for Drill Rig 2 first hole at AZ.
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.
625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com
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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.
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 a well-financed exploration company with a property portfolio built on over 30
years of prospecting by the Berdahl family — the same 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 Management Team and Board of Directors with expertise across technical,
financial, environmental, and social disciplines.
Yukon Metals is committed to fostering sustainable growth and prosperity within Yukon’s local
communities, while also enhancing shareholder value. Our strategy is grounded in
inclusiveness and shared prosperity, offering both community members and investor s the
opportunity to contribute to and benefit from our success.
The Yukon
The Yukon ranks 10 th 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.
625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com
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“ON BEHALF OF THE BOARD OF YUKON METALS CORP.
“Rory Quinn”
Rory Quinn, President & CEO
Email: [email protected]
Phone: 604-366-4408
For additional information please contact:
Kaeli Gattens
Vice President, Investor Relations & Communications
Yukon Metals Corp.
Email: [email protected]
Website: www.yukonmetals.com
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 factor s 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.
625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com
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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
MACKIE, R., ARNE, D. AND PENNIMPEDE, C., 2016. Weighted sums model for Porphyry
Cu-Mo deposits levelled by geology. In: Enhanced interpretation of stream sediment
geochemical data for NTS map sheet 115J and 115K. Yukon Geological Survey, Open File
2016-15, scale 1:250 000, sheet 6 of 13.