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Yukon Metals Begins Inaugural Drilling Program at High-Grade Copper Zone of Az Property

Exploration Programs

625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com

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YUKON METALS BEGINS INAUGURAL DRILLING PROGRAM

AT HIGH-GRADE COPPER ZONE OF AZ PROPERTY

June 11, 2025 – Vancouver, British Columbia – Yukon Metals Corp. (CSE: YMC, FSE:

E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company”) is pleased to announce it has

commenced the inaugural drilling program at its 11,755-hectare AZ Project, located 6

kilometers west of the Alaska Highway and 36 kilometres south of Beaver Creek, Yukon. The

fully funded exploration program includes 2,000 metres of diamond drilling, along with

extensive geological mapping and rock -chip sampling across several high- priority targets.

(Figure 4).

2025 AZ Drilling Program:

• 2,000 metres of diamond drilling of extensive copper mineralization at Chair

Mountain, with surface values up to 3.49% copper (Figures 1 and 5).

• Hole AZ25-001 contains malachite and azurite down to 22.4m (Figure 2).

• Follow-up on the Nutzotin skarn mineral occurrence, where historic trench

samples returned up to 10.3% copper (AR # 095814) as well as testing of an

intrusive-hosted chalcopyrite-bearing vein system (Figure 4).

• Yukon-based and local First Nation contractors engaged: drill pads constructed

by Minconsult in partnership with Vision Quest Drilling, a Kluane First Nation

citizen-owned company; helicopter support provided by Yukon-based Capital

Helicopters; drilling services contracted to Platinum Drilling; camp services provided

by Käganì, a Kluane First Nation citizen-owned enterprise in partnership with

longstanding Yukon-based exploration contractor - Archer Cathro.

“We are encouraged by the presence of visible copper oxide minerals, including malachite

and azurite (Figures 2 and 3), observed in the upper portion of the first hole at AZ,” said Rory

Quinn, Presi dent & CEO of Yukon Metals. “ These visual indicators align well with our

exploration model, and we look forward to receiving assay results to confirm the extent and

grade of mineralization.”

625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com

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Figure 1 – First drill rig mobilized at the AZ Project. Photo taken June 6, 2025.

Figure 2 – Drill core from hole AZ25-001 at 22.4m containing malachite, azurite, and

pyrite. Photo taken June 7, 2025.

625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com

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Figure 3 – Drill core from hole AZ25-001 at 13.4m highlighting strongly oxidized core with

abundant azurite mineralization. Photo taken June 7, 2025.

Figure 4 - Interpreted mineralization trend the focus of the 2025 field program at AZ

highlighted along with 2024 prospected gossan area.

625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com

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Building on last season’s successful prospecting at Chair Mountain, where rock chip samples

returned up to 3.49% copper (see YMC news release 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 (see YMC news release

issued February 19, 2025 here) observed at surface and the presence of multiple copper

occurrences along this corridor suggest the potential for a porphyry-style system.

Figure 5 - Sample K140202 grading 3.49% Cu at AZ Project.

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.

625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com

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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.

Grant of Equity Incentive Awards

Yukon Metals announces that it has granted a total of 2,594,000 options ("Equity Incentive

Awards") to various employees, consultants, directors, and officers of the Company. The

Equity Incentive Awards have been granted pursuant to the Company's Omnibus Incentive

Plan and are subject t o vesting provisions. The options have an exercise price of $0.53 per

share and will expire five years from the date of grant.

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 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 ma nagement’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.

625 Howe St., Suite 1290, Vancouver BC V6C 2T6 | yukonmetals.com

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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 as sumptions, 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

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