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Yukon Metals Announces 2025 Exploration Plans Including Inaugural Drill Campaign at STAR River

Exploration Programs

Suite 1290, 645 Howe St. Vancouver BC V6C 2T6 | [email protected] | yukonmetals.com |

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YUKON METALS ANNOUNCES 2025 EXPLORATION PLANS

INCLUDING INAUGURAL DRILL CAMPAIGN AT STAR RIVER

February 27, 2025 – Vancouver, British Columbia – Yukon Metals Corp. (CSE: YMC, FSE:

E770, OTC: YMMCF – (“Yukon Metals” or the “Company”), is pleased to announce details of its

upcoming exploration program on the all-weather, road-accessible 720-hectare Star River Project

located near Ross River, Yukon.

Highlights of the 2025 planned exploration:

• 4,000 meters of diamond drilling around the F2 zone targeting high-grade silver and gold

surface samples aligned with strong gravity an d electromagnetic geophysical anomal ies

(Figure 1).

• Geophysical gravity infill survey and rock -chip sampling program to refine multiple

potential drill targets across the property.

• Geophysical magnetic high-resolution UAV survey to outline previously identified

surface lineaments that may delineate mineralized structures.

Rory Quinn, President & CEO , stated, “Work at Star River in 2024 delivered superb drill targets,

and we are excited to advance our understanding of the scale of the property's mineral potential.

With a strong correlation between geophysical anomalies and surface mineralization, the upcoming

drill program is a critical next step to test these compelling targets. Additionally, the UAV magnetic

and gravity infill surveys will provide valuable structural and geological insights to further refine our

exploration strategy. We look forward to commencing our 2025 drill season and to unlocking

new discoveries.”

Building on the strong geophysical results and the success of the previous seasons’ rock -chip

sampling, which returned multiple samples over 1000 g/t silver and gold up to 101 g/t, the company

is set to begin a 4,000-meter drill program. The primary focus will be on a high-priority target in the

southern section of the property where a strong gravity anomaly extends for approximately 800

meters north-south. This coincides with a Time-Domain Electromagnetic (TDEM) high near the

historic F2 and Canyon showings. The overlap suggests a significant geological feature, and drilling

will test whether it represents a favorable host rock or structural control on mineralization . Drilling

will target the continuation of mineralization identified at surface for depth and extent.

Suite 1290, 645 Howe St. Vancouver BC V6C 2T6 | [email protected] | yukonmetals.com |

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In addition, a high-resolution UAV drone magnetic survey will be conducted across the property.

This survey, along with mapping and rock geochemical sampling, will provide detailed data on

structural features that may influence mineralization and will follow up on anomalous 2024 rock-

chip samples that identified up to 10,936 g/t silver. In the northern part of the property, the

magnetic survey will also be used to help delineate geology and improve the understanding of how

identified gravity anomalies relate to potential mineralized systems.

To further refine exploration targets, a gravity infill survey will be conducted over areas where high

gravity anomalies were previously identified. This additional data will improve resolution in key

zones and refine additional drill targets.

Figure 1- An oblique view looking at the southern part of the Star River property showing

Gravity and TDEM anomaly targets with significant 2024 Gold and Silver samples.

Initial drilling will be focused on the F2 zone.

Suite 1290, 645 Howe St. Vancouver BC V6C 2T6 | [email protected] | yukonmetals.com |

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The upcoming drill program, geophysical surveys, sampling program and gravity infill work are

designed to identify mineralization and test its scale across the property. Drilling will directly target

high-priority anomalies to confirm the presence of mineralized zones, while the UAV magnetic

survey, prospecting and mapping, and gravity infill will refine structural controls and improve target

definition. These exploration efforts aim to expand on last season’s results and assess the grade

and continuity of the mineralizing system.

About the Star River Project

Yukon Metals owns 100% of the Star River base and precious metals project accessible by all-

season road from the Robert Campbell Highway and adjacent to the former Ketza Mine haul road.

The project is host to multiple showings of polymetallic carbonate replacement mineralization and

quartz-sulphide veins first discovered in the 1950s. Remnants of underground and surface

workings using historical exploration techniques are visible around much of the property and tied

together with previously established access roads and trails branching from the Ketza Mine Road.

The 2024 exploration program at Star River has confirmed multiple historic mineralized showings

as well as identified new areas of interest, with rock-chip sampling revealing high-grade silver and

gold values. These findings have been instrumental in guiding subsequent geophysical surveys.

Recently gravity and TDEM surveys have delineated several strong anomalies, some aligning with

known mineralization and others indicating new, untested targets (YMC NR issued December 3,

2024). Additionally, a high -resolution LiDAR survey has been conducted to enhance structural

interpretation, mapping key geological features that may control mineralization. These integrated

exploration efforts continue to refine drill targets and advance the understanding of the property' s

geological framework.

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.

Suite 1290, 645 Howe St. Vancouver BC V6C 2T6 | [email protected] | yukonmetals.com |

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Figure 2- Star River Project Location Map

Suite 1290, 645 Howe St. Vancouver BC V6C 2T6 | [email protected] | yukonmetals.com |

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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 s takeholder 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 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, demons trate the Yukon’s potential to generate fresh district -scale mining

opportunities.

“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

Suite 1290, 645 Howe St. Vancouver BC V6C 2T6 | [email protected] | yukonmetals.com |

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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 area at Star River, strong electromagnetic responses

coincident with gold and silver sampling pointing to gold and silver deposits, the accuracy of the

completed plate modelling and geophysical surveys, the potential for economic grades of 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 Star River not being a prospective gold-rich or silver-rich geological system;

rock samples analysed not being representative of overall mineralization; the required assumptions

of completed plate modelling results; 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 Facto rs” 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.