Yukon Metals Corp.- Positive Results Birch Property
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Yukon Metals Announces Positive Results of up to 14.1 g/t gold
and 4,260 ppm copper from Surface Rock Chip and Soils
Sampling up to 0.99 g/t gold at its Birch Property
Vancouver, B.C., September 3, 2024. Yukon Metals Corp. (CSE: YMC, FSE: E770) , the
“Company” or “Yukon Metals”, is pleased to announce an exploration update on its 2,285
hectare Birch project, located approximately 65 km northeast of Burwash Landing.
Fieldwork commenced at the Birch property on August 3, 2024 ( Figure 1), including a soil
sampling and prospecting program ( Figure 2 to 4). Assays from 341 of 530 samples on a
50m x 100m grid over the northern anomaly were received and show encouraging Au and
Cu results up to 0.988 g/t Au and 2,310 ppm Cu. The anomalous zone trends roughly east -
west and extends over 1,400 meters. A rock -chip sample over this zone contains 14.1 g/t
gold and 4260 ppm copper within pyrite -chalcopyrite rich skarn (Figure 5). Field mapping
indicates the geology of the project area is comprised of schists and marble units, moderately
to strongly oxidised felsic intrusive, and patchy oxidised porphyritic rhyolite dykes.
Rory Quinn, President & CEO stated, “We are excited about these first pass results that have
clearly identified a copper & gold mineralized system that has significant scale as
demonstrated by the soil anomaly being over 1,400 meters long. The exceptionally high gold
grades of up to 14.1 g/t from the surface rock chip program taken in the same area also point
to the potential of the system to host economic grades. The metal association and the
geology of the prospect area all point to the prospectivity for a gold -rich copper porphyry
system that is largely preserved. The project area also has relatively benign topography and
is located 65 kilometers from the Alaska highway.”
Yukon Metals will follow up on the soils results by using a combination of electrical resistivity
tomography and induced polarization geophysics to delineate bedrock structure.
About the Birch Project
Yukon Metals owns 100% of the Birch project located 65km northeast of the community of
Burwash Landing, and accessible via helicopter. The Birch project lies predominantly within
the Finlayson assemblage of the Yukon -Tanana Terrane, consisting of variably
carbonaceous schist and quartzite, marble, garnet amphibolite and rare metaplutonic rocks.
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The Yukon-Tanana Terrane structurally overlies the Ruby Range Batholith which is regionally
mapped in the northeastern portion of the property occurring as Ruby Range quartz-feldspar
porphyry and Rhyolite Creek porphyry and intermediate and felsic volcanic rock (Israel et.
Al., 2011).
Cu-Zn and Mo mineralization was first identified in the area in the early 1970s as part of a
small exploration campaign which uncovered several skarn horizons in the northern project
area, as well as molybdenite in quartz veins and stringers in granodiorite float on the
southeastern side of the property (MINFILE 115G 077) . Gold was not assayed for until
interest renewed in the early 2010s with soil and mapping exploration work over the area
uncovering several high soil anomalies ranging from 0.02-15g/t Au.
The Birch claims were staked over copper skarn and soil gold anomalies in 2022 by Lapie
Mining Inc., and subsequently acquired by Yukon Metals in 2024 as part of the Berdahl land
package.
Vision Quest, a Yukon First Nations -owned and operated exploration co mpany working
closely with Yukon Metals, conducted the sampling program using field staff whose traditional
territory includes the Birch property.
Sample Methodology
Rock and soil samples were sent to ALS Minerals for analysis with sample preparation in
Whitehorse, Yukon and analysis in North Vancouver, British Columbia.
Rock samples were prepared by c rush to 70 % passing 2mm , 250g split pulverised better
than 85% passing 75 microns (Prep-31A). Pulp samples were analysed for 34 elements by
four acid digestion and ICP -AES (ME-ICP61). All samples were analyzed for gold by fire
assay and AAS with a 50g nominal sample weight ( Au-AA24). Samples over 10g/t Au were
assayed by 50g sample fire assay with gravimetric finish (Au-GRA22).
Soil samples were collected with a battery-powered permafrost soil drill collecting high-quality
samples below boulders and frozen ground to depths of 1m. This technique was designed
specifically for Yukon geochemical exploration to better delineate mineralization along steep,
rocky and permanently frozen north -facing slopes unsuitable for traditional soil sampling
techniques. Samples were dried and sieved to 180 um (Prep-41A) and analysed for 51
elements by aqua regia digestion and ICP-MS and ICP-AES (AuME-TL44).
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Figure 1- Birch project location map.
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Figure 2- Anomalous gold (>0.08 ppm) and copper (>200 ppm) contours over the
northern Birch soil grid.
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Figure 3- Gold-in-soils at northern Birch 50m x 100m grid.
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Figure 4- Copper-in-soils at northern Birch 50m x 100m grid.
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Figure 5- Rock Sample K654501 of mineralized skarn horizon grading 14.1 g/t Au and
4,260 ppm Cu.
Qualified Person
The technical content of this news release has been reviewed and approved by Helena
Kuikka, P.Geo., as the Qualified Person (as defined by National Instrument 43-101).
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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, demonstrate the Yukon’s potential to
generate fresh district-scale mining opportunities.
YUKON METALS CORP.
“Rory Quinn”
Rory Quinn, President & CEO
Email: [email protected]