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41m at 2.01g/t Au from Floor at Murchison South Gold Challenge

g6pm6 by g6pm6
February 19, 2025
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41m at 2.01g/t Au from Floor at Murchison South Gold Challenge
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  • 2,000 meters of diamond drilling at Chair Mountain to check key targets alongside a 1.2-kilometer-long gossan zone, positioned 6km west of the Alaska Freeway.
  • Comply with-up on the Nutzotin skarn mineral incidence, the place historic trench samples returned as much as 10.3% copper in addition to testing of an intrusive-hosted chalcopyrite-bearing vein system positioned 200m east of the skarn (Marylin Creek Inventory).
  • Airborne geophysical surveys utilizing magnetic and VTEM to refine structural interpretations and establish potential conductive mineralization alongside the 5km lengthy Chair-to-Nutzotin development   (Determine 1) .

Rory Quinn, President & CEO acknowledged, ” The floor copper anomalies, oxidation, alteration, and proximity to a regionally mapped construction make the 5km-long Chair to Nutzotin development a extremely enticing exploration goal. The systematic strategy – integrating historic information, fashionable geophysics and focused drilling – will enable Yukon Metals to refine its exploration mannequin and unlock additional potential on the AZ challenge.”

Constructing on final season’s profitable prospecting at Chair Mountain, the place rock chip samples returned as much as 3.49% copper (Determine 2- see YMC NR issued January 15, 2025 right here ), the Firm has recognized a high-priority goal space extending an extra 2.5 kilometers towards the Nutzotin mineral incidence. Notably, hematite alteration (Determine 3) noticed at floor and the presence of a number of copper occurrences alongside this hall counsel the potential for a porphyry-style system. This hall would be the focus of a multifaceted exploration program that features 2,000 meters of diamond drilling, systematic mapping and geochemical sampling, and an airborne magnetic and VTEM (Versatile Time-Area Electromagnetic) survey to focus on extra drill holes.

Determine 1- Interpreted mineralization development the main focus of the 2025 area program at AZ highlighted together with 2024 prospected gossan space.

Concerning the AZ Challenge

In September 2024, Yukon Metals performed a helicopter-supported mapping and sampling program on its AZ property. A distinguished zone of orange iron-stained and altered rocks was adopted over 1.2 kilometres on the north and jap flanks of Chair Mountain. Constant copper mineralization was discovered alongside the prospected space. Of the sixty rock-chip samples taken, 18 samples exhibiting important copper content material, assayed from 0.12-3.49%. Hematite alteration was additionally famous within the space. This may be related to oxidized hydrothermal fluids, that are key drivers in forming main porphyry copper deposits.

Rock-chip samples have been collected in quartz veins inside basalt and andesite volcanic rocks in each outcrop and float exposures close to the ridge tops. This space is coincident with a serious topographic lineament, mapped regionally as a NW trending fault zone, that extends an extra kilometer all the way down to Sanpete Creek (a previous alluvial gold producer) and the property boundary to the southeast.

The big gossan and mineralized veins present proof of a big hydrothermal system driving fluids by means of the faults and fractures on Chair Mountain. Strongly clay-altered biotite-quartz diorite dykes have been mapped within the neighborhood of mineralization and are interpreted to be a part of the Nutzotin suite of intrusions.

Sample K140202 Grading 3.49% Cu

Determine 2- Pattern K140202 Grading 3.49% Cu

The Nutzotin mineral incidence lies 2.5km northwest of Chair Mountain alongside strike of a big fault mapped by the Yukon Geologic Survey in 2007 (Determine 4) Two skarn showings have been uncovered on this space within the late 1960’s which reportedly yielded as much as 10.3% copper and 16.4 g/t silver with hint gold. Historic chip sampling over three trenches returned variable copper values, with the very best returning 0.6% copper over 12m (AR 095814).

Throughout a 2006 exploration program, a composite seize pattern #RC276270 over a granite inventory northeast of the skarn showings returned important copper mineralization of 1,485 ppm (AR 094599). Silt pattern #TC276691 downstream of the inventory returned 0.183 g/t gold (AR 094599). The inventory reportedly exhibits average to robust orange ankeritic alteration and pyritization with considerable quartz veining, famous as generally chalcopyrite-bearing.

A small exploration program in 2012 by Strategic Metals uncovered a brand new mineralized zone on the northern contact of the inventory with soil samples ranging between 134 to 1,105 ppm copper (AR 096422).

Restricted outcrop publicity, permafrost and in depth volcanic ash over the soil profile has beforehand challenged exploration efforts on this space. Yukon Metals efficiently deployed a deep permafrost soil drilling method in 2024 on the Birch property which was designed for comparable troublesome exploration terrain. The usage of this method at AZ in 2025 has the potential to reveal geochemical continuity between mineralized outcrops.

Sampling Methodology

Rock samples from the 2024 program referenced above have been despatched to ALS Minerals for evaluation with pattern preparation in Whitehorse, Yukon and evaluation in North Vancouver, British Columbia.

Samples have been ready by crushing to 70% passing 2mm, 250g break up pulverised higher than 85% passing 75 microns (Prep-31A). Pulp samples have been analysed for 48 parts by 4 acid digestion and ICP-MS super-trace evaluation (ME-MS61L). All samples have been analyzed for gold by fireplace assay and AAS with a 50g nominal pattern weight (Au-AA24). Samples over 10,000 ppm Copper have been assayed by methodology Cu-OG62.

Rock samples taken whereas prospecting referenced on this launch are selective in nature and picked up to find out the presence or absence of mineralization and might not be consultant of the mineralization hosted on the challenge.

Sample K140214 showing intensely hematite-altered basalt with quartz-calcite stringers. Contains 111.5 ppm Cu.

  Determine 3- Pattern K140214 exhibiting intensely hematite-altered   basalt with quartz-calcite stringers. Incorporates 111.5 ppm Cu.

Chair Mountain area geology from Israel et. al, 2007 with granite mapping from AR 094599 and the 2024 Yukon Metals field program, with interpreted mineralization trend.

Determine 4- Chair Mountain space geology from Israel et. al, 2007 with granite mapping from AR 094599 and the 2024 Yukon Metals area program, with interpreted mineralization development.

AZ Project Location Map

Determine 5- AZ Challenge Location Map

Certified Particular person
The technical content material of this information launch has been reviewed and accepted by Helena Kuikka, P.Geo., VP Exploration for Yukon Metals and a Certified Particular person (as outlined by Nationwide Instrument 43-101).

About Yukon Metals Corp.

Yukon Metals is nicely financed and represents a property portfolio constructed on   over 30 years of prospecting by the Berdahl household, the prospecting workforce behind Snowline Gold’s portfolio of major gold belongings . The Yukon Metals portfolio consists primarily of copper-gold and silver-lead-zinc belongings, with a considerable gold and silver part. The Firm is led by an skilled Board of Administrators and Administration Workforce throughout technical and finance disciplines.

Yukon Metals is targeted on fostering sustainable progress and prosperity inside Yukon’s native communities, whereas concurrently enhancing stakeholder worth. Our technique facilities round inclusivity and shared prosperity, providing each neighborhood members and traders the possibility to contribute to, and profit from, our ventures.

The Yukon

The Yukon ranks 10 th most potential for mineral potential throughout world jurisdictions in line with the Fraser Institute’s 2023 Survey of Mining Firms and is host to a extremely skilled and conscientious native workforce, fostered by a protracted tradition of exploration coupled with deep respect for the land. Latest main discoveries with native roots similar to Snowline Gold’s Rogue Challenge – Valley Discovery, show the Yukon’s potential to generate recent district-scale mining alternatives.

Yukon Metals CORP.

” ON BEHALF OF THE BOARD OF Yukon Metals CORP.

“Rory Quinn”

Rory Quinn, President & CEO
E-mail: roryquinn@yukonmetals.com
Cellphone: 604-366-4408

For extra data, please contact:

Kaeli Gattens
Vice President, Investor Relations & Communications
Yukon Metals Corp.
E-mail: kaeligattens@yukonmetals.com
Web site: www.yukonmetals.com

Occasion & Dwell Panel Dialogue: Vancouver Yukon Investor Day – February 19 th , 2025

Please be part of the Firm right now – February 19 th at 2:00pm PT on the Terminal Metropolis Membership – for a stay presentation and panel dialogue hosted by Make investments Yukon. For extra data please click on right here.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This information launch incorporates sure forward-looking data, together with details about the metallic affiliation and geology of the prospect areas on the AZ challenge, together with Chair Mountain, Nutzotin, Wrangell and California, the accuracy of the copper mineralization, the potential for financial grades of copper, silver and gold, Yukon’s potential to generate recent district-scale mining alternatives, and the Firm’s future plans and intentions. Wherever potential, phrases similar to “might”, “will”, “ought to”, “might”, “count on”, “plan”, “intend”, “anticipate”, “imagine”, “estimate”, “predict” or “potential” or the unfavourable or different variations of those phrases, or comparable phrases or phrases, have been used to establish the forward-looking data. These statements mirror administration’s present beliefs and are based mostly on data presently obtainable to administration as on the date hereof.

Ahead-looking data entails important dangers, uncertainties and assumptions. Many components might trigger precise outcomes, efficiency or achievements to vary materially from these mentioned or implied within the forward-looking data. Such components embrace, amongst different issues: dangers and uncertainties regarding Chair Mountain and different properties not being potential copper-rich, gold-rich or silver-rich geological methods; rock samples analysed not being consultant of total mineralization; the required assumptions of accomplished helicopter-supported mapping and sampling packages; not having important scale and an absence of financial grade minerals; the Yukon not having the potential to generate recent district-scale mining alternatives; and different dangers and uncertainties. See the part entitled “Threat Elements” within the Firm’s itemizing assertion dated Could 30, 2024, obtainable beneath the Firm’s profile on SEDAR+ at www.sedarplus.ca for extra danger components. These components needs to be thought of fastidiously, and readers shouldn’t place undue reliance on the forward-looking data. Though the forward-looking data contained on this information launch is predicated upon what administration believes to be affordable assumptions, the Firm can not guarantee readers that precise outcomes will likely be per the forward-looking data. The forward-looking data is made as of the date of this information launch, and the Firm assumes no obligation to replace or revise the data to mirror new occasions or circumstances, besides as required by legislation.

References

Davidson, G.,(1987). Evaluation report on the Chair Gold 1-12, 15-18 mineral claims (YA94380-YA94391, YA94392-YA94395), NTS 115-Okay-2 . Ready for G. Harris, Whitehorse Mining District, Yukon Territory. September 1987. AR # 091955

ISRAEL, S., COBBETT, R. and FOZARD, C., 2007. Bedrock geology of the Miles Ridge space, Yukon (components of NTS 115F/15, 16 and 115K/1, 2) (1:50 000 scale). Yukon Geological Survey, Open File 2007-7.

Mitchell, A., B.Sc. (2012). Evaluation report describing soil and rock geochemical sampling on the Nutz Property, Nutz 1-30 YD110353-YD110382, NTS 115/K02 . Ready for Strategic Metals Ltd. by Archer, Cathro & Associates (1981) Restricted. Whitehorse Mining District, Yukon Territory. February 2012. AR # 095814

Richter, D.H., Singer, D.A., and Cox, D.P., 1975, Mineral assets map of the Nabesna quadrangle, Alaska: U.S. Geological Survey Miscellaneous Discipline Research Map MF-655-Okay, 1 sheet, scale 1:250,000.

Schulze, C., B.Sc., (2007). NI 43-101-compliant report on the 2006 exploration program on the White River Nickel Challenge: ANT, HAND, WENG, RIVER, WR, PIC, and KLUX declare blocks (115K/02, 115F/15, 115F/16) . Ready for Xstrata plc (previously Falconbridge Ltd.) by All-Terrane Mineral Exploration Providers. Whitehorse Mining District, Yukon Territory. February 26, 2007. AR # 094599

Pictures accompanying this announcement can be found at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4834355c-eb12-455c-a5d4-8fa93ab6eb3d

https://www.globenewswire.com/NewsRoom/AttachmentNg/94a758b4-4070-450a-a0e9-ad9d72af2bc7

https://www.globenewswire.com/NewsRoom/AttachmentNg/43b30a15-f677-4a13-9985-71a05e7839ce

https://www.globenewswire.com/NewsRoom/AttachmentNg/feea2795-9b4e-4e92-8751-e9dc279ffda9

https://www.globenewswire.com/NewsRoom/AttachmentNg/2f0c5691-cd7d-4781-8c6f-c8213c4cdad3

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