Yukon Metals starts drill program at Star River

Executive Summary

• Yukon Metals Corp. has commenced its inaugural diamond drill program at the 100%-owned Star River project in the Yukon, targeting the F2 showing area.
• Initial drill holes have successfully intersected structurally controlled vein swarms containing pyrite, arsenopyrite, quartz, ankerite, and galena within quartzite and dolostone units.
• The drilling targets a significant gravity anomaly coinciding with a time-domain electromagnetic (TDEM) conductor near historic F2 and Canyon showings, validating the company's geological model.

Key Details

• Project Location: Star River project, 720-hectare property near Ross River, Yukon, accessible by all-season road.
• Drilling Status: Inaugural drill program commenced; core is being logged, photographed, and sawn for analysis.
• Geological Intersections:
  • Initial holes intersected vein swarms in quartzite and dolostone.
  • Minerals identified: Pyrite, arsenopyrite, quartz, ankerite, and galena.
  • Textures include locally brecciated structures.
• Target Area:
  • F2 target area within the southern portion of the property.
  • Target is defined by a strong gravity anomaly extending ~800 metres north-south.
  • Anomaly coincides with a TDEM high near historic F2 and Canyon showings.
• Historic Sampling Context:
  • Previous rock-chip sampling returned multiple samples over 1,000 grams per tonne (g/t) silver and gold.
  • Highest historical sample: 101 g/t gold.
  • 2024 prospecting sample returned 10,936 g/t Ag.
• Additional Exploration Activities:
  • High-resolution UAV drone magnetic survey planned across the property.
  • Gravity infill survey completed over the Saddle zone (where a 2024 TDEM anomaly was identified); data being integrated with drill and magnetic data.
  • Detailed geological mapping and rock geochemical sampling ongoing.
• Service Providers:
  • Helicopter support: Capital Helicopters.
  • Drilling services: Platinum Drilling.
  • Camp services: Kagani (Kluane First Nation) in partnership with Archer Cathro.
• QA/QC:
  • Core analysis via diamond-blade saw; half retained, half submitted for geochemical analysis.
  • 2024 rock samples analyzed by ALS Minerals (prep in Whitehorse, analysis in North Vancouver).
• Qualified Person: Helena Kuikka, PGeo, Vice-President of Exploration.

Notable Quotes

• "We are highly encouraged by the early visuals from our initial holes into the F2 target. The intersection of sulphide-rich vein swarms in both quartzite and dolostone supports our geological model and validates the targeting approach. With core in-hand showing the right minerals and structures, we're optimistic as we continue drilling into this promising system," said Rory Quinn, president and chief executive officer of Yukon Metals.