Yukon Metals Identifies New Copper Zone and Mobilizes Second Drill Rig at AZ Property
Yukon Metals (OTCQB:YMMCF) has announced a significant expansion of its exploration activities at the AZ Project in Yukon. The company has identified a new copper target and mobilized a second drill rig to accelerate exploration. Key developments include:
The newly identified copper target is located 4 kilometers southeast of current drilling operations, featuring potassic alteration and chalcopyrite mineralization. The company has also expanded its property from 11,755 to 13,110 hectares through newly acquired claims. The target area spans approximately 2 square kilometers and shows potential characteristics of a porphyry copper system.
The company has engaged several Yukon-based and First Nation contractors for various services, including drill pad construction, helicopter support, and camp services, demonstrating strong local partnerships.
Yukon Metals (OTCQB:YMMCF) ha annunciato un'importante espansione delle attività di esplorazione presso il Progetto AZ nello Yukon. L'azienda ha individuato un nuovo obiettivo di rame e ha mobilitato una seconda trivella per accelerare le operazioni di esplorazione. I principali sviluppi includono:
Il nuovo obiettivo di rame si trova a 4 chilometri a sud-est delle attuali attività di perforazione, caratterizzato da alterazione potassica e mineralizzazione di calcopirite. Inoltre, la società ha ampliato la propria proprietà da 11.755 a 13.110 ettari grazie a nuove concessioni acquisite. L'area obiettivo copre circa 2 chilometri quadrati e presenta potenziali caratteristiche di un sistema porfirico di rame.
La società ha coinvolto diversi appaltatori locali dello Yukon e delle Prime Nazioni per vari servizi, tra cui la costruzione delle piazzole di perforazione, supporto elicotteristico e servizi per il campo, dimostrando solide collaborazioni con la comunità locale.
Yukon Metals (OTCQB:YMMCF) ha anunciado una importante expansión de sus actividades de exploración en el Proyecto AZ en Yukon. La compañía ha identificado un nuevo objetivo de cobre y ha movilizado una segunda plataforma de perforación para acelerar la exploración. Los desarrollos clave incluyen:
El nuevo objetivo de cobre se encuentra a 4 kilómetros al sureste de las operaciones actuales de perforación, con alteración potásica y mineralización de calcopirita. La empresa también ha ampliado su propiedad de 11,755 a 13,110 hectáreas mediante concesiones recientemente adquiridas. El área objetivo abarca aproximadamente 2 kilómetros cuadrados y muestra características potenciales de un sistema de cobre porfírico.
La compañía ha contratado a varios proveedores locales de Yukon y de las Primeras Naciones para diversos servicios, incluyendo la construcción de plataformas de perforación, apoyo con helicópteros y servicios de campamento, demostrando sólidas alianzas locales.
Yukon Metals (OTCQB:YMMCF)는 유콘의 AZ 프로젝트에서 탐사 활동을 대폭 확장했다고 발표했습니다. 회사는 새로운 구리 목표 지점을 확인하고 탐사를 가속화하기 위해 두 번째 시추 장비를 투입했습니다. 주요 내용은 다음과 같습니다:
새로 확인된 구리 목표 지점은 현재 시추 작업지에서 남동쪽으로 4킬로미터 떨어진 곳에 위치하며, 칼리 알터레이션 및 황동광 광화가 특징입니다. 또한, 회사는 새로 취득한 채굴권을 통해 소유지를 11,755헥타르에서 13,110헥타르로 확장했습니다. 목표 지역은 약 2평방킬로미터에 걸쳐 있으며, 포피리 구리 시스템의 잠재적 특성을 보입니다.
회사는 시추대 설치, 헬리콥터 지원, 캠프 서비스 등 다양한 서비스를 위해 유콘 지역과 퍼스트 네이션 출신 계약업체들을 고용하여 강력한 지역 협력 관계를 보여주고 있습니다.
Yukon Metals (OTCQB:YMMCF) a annoncé une expansion significative de ses activités d'exploration sur le projet AZ au Yukon. La société a identifié une nouvelle cible de cuivre et mobilisé une deuxième plateforme de forage pour accélérer l'exploration. Les développements clés incluent :
La nouvelle cible de cuivre se situe à 4 kilomètres au sud-est des opérations de forage actuelles, présentant une altération potassique et une minéralisation en chalcopyrite. La société a également étendu sa propriété de 11 755 à 13 110 hectares grâce à l'acquisition de nouvelles concessions. La zone cible couvre environ 2 kilomètres carrés et présente des caractéristiques potentielles d'un système porphyrique de cuivre.
La société a fait appel à plusieurs entrepreneurs locaux du Yukon et des Premières Nations pour divers services, notamment la construction des plateformes de forage, le soutien hélicoptère et les services de camp, démontrant de solides partenariats locaux.
Yukon Metals (OTCQB:YMMCF) hat eine bedeutende Ausweitung seiner Explorationsaktivitäten beim AZ-Projekt in Yukon bekannt gegeben. Das Unternehmen hat ein neues Kupferziel identifiziert und eine zweite Bohranlage mobilisiert, um die Exploration zu beschleunigen. Wichtige Entwicklungen umfassen:
Das neu identifizierte Kupferziel liegt 4 Kilometer südöstlich der aktuellen Bohrungen und weist eine potassische Alteration sowie Chalcopyrit-Mineralisierung auf. Das Unternehmen hat zudem sein Grundstück von 11.755 auf 13.110 Hektar durch neu erworbene Claims erweitert. Das Zielgebiet erstreckt sich über etwa 2 Quadratkilometer und zeigt potenzielle Merkmale eines porphyrischen Kupfersystems.
Das Unternehmen hat mehrere lokale Auftragnehmer aus Yukon und der First Nation für verschiedene Dienstleistungen beauftragt, darunter Bohrplatzbau, Hubschrauberunterstützung und Camp-Services, was starke lokale Partnerschaften unterstreicht.
- Discovery of new copper target with visible chalcopyrite mineralization
- Property expansion by 1,355 hectares through new claim acquisitions
- Addition of second drill rig to accelerate exploration
- Strong local partnerships with First Nation contractors
- No visible classic stockwork veining at surface in the new target area
- Early-stage exploration with unproven commercial viability
VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company”) is pleased to announce the identification of a newly defined copper target at its
Highlights:
- Second drill rig mobilized to test a newly defined copper target 4 kilometres southeast of current drilling (Figure 1).
- Newly acquired claims increase the AZ property from 11,755 hectares to 13,110 hectares and extend to the east from the newly identified copper target.
- Target generated through systematic fieldwork, including mapping of a potassic alteration zone and associated chalcopyrite mineralization.
- Exploration advancing in parallel across multiple targets within a large-scale hydrothermal system.
“We are mobilizing a second rig at AZ as we scale up exploration across this large, underexplored hydrothermal system,” said Rory Quinn, President & CEO of Yukon Metals. “This new target was defined through detailed fieldwork and aligns well with our evolving geological model at AZ. With two rigs now turning, we’re in a strong position to test multiple high-priority zones in parallel. Each hole contributes critical insight as we work toward uncovering the full potential of this emerging copper system.”
Figure 1 – Map showing Chair Mountain drilling location in relation to the new copper target and recently staked claims at AZ.
The newly defined target is underlain by intrusive rocks exhibiting potassic alteration and visible chalcopyrite in veins and disseminations. The alteration zone extends over approximately 2 square kilometers, and field observations suggest it may represent a lateral or upper expression of a porphyry copper system. While classic stockwork veining is not exposed at surface, the geological characteristics and surface mineralization provide a strong technical basis for drill testing. The target lies within a drainage identified by regional geochemical datasets as having high copper porphyry potential (Mackie et. al., 2016), comparable to those associated with known porphyry deposits in the Yukon.
Yukon-based and Local First Nation Contractors Engaged
Drill pad construction at the AZ Property was completed by Minconsult in partnership with Vision Quest Drilling, a Kluane First Nation citizen-owned company. Helicopter support is being provided by Yukon-based Capital Helicopters, with drilling services contracted to Platinum Drilling. Camp services are being delivered by Käganì, a Kluane First Nation citizen-owned enterprise, in partnership with long-standing Yukon-based exploration contractor Archer Cathro.
Figure 2 –– AZ Sample K155053 from outcrop exposure of intensely altered diorite dyke with band of chalcopyrite and minor bornite and pyrite.
Figure 3 –– Drill location for Drill Rig 2 first hole at AZ.
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
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.
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.
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 a well-financed exploration company with a property portfolio built on over 30 years of prospecting by the Berdahl family — the same 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 Management Team and Board of Directors with expertise across technical, financial, environmental, and social disciplines.
Yukon Metals is committed to fostering sustainable growth and prosperity within Yukon’s local communities, while also enhancing shareholder value. Our strategy is grounded in inclusiveness and shared prosperity, offering both community members and investors the opportunity to contribute to and benefit from our success.
The Yukon
The Yukon ranks 10th 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.
ON BEHALF OF THE BOARD OF YUKON METALS CORP.
“Rory Quinn”
Rory Quinn, President & CEO
Email: roryquinn@yukonmetals.com
Phone: 604-366-4408
For additional information please contact:
Kaeli Gattens
Vice President, Investor Relations & Communications
Yukon Metals Corp.
Email: kaeligattens@yukonmetals.com
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 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 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. 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.
References
MACKIE, R., ARNE, D. AND PENNIMPEDE, C., 2016. Weighted sums model for Porphyry Cu-Mo deposits levelled by geology. In: Enhanced interpretation of stream sediment geochemical data for NTS map sheet 115J and 115K. Yukon Geological Survey, Open File 2016-15, scale 1:250 000, sheet 6 of 13.
Photos accompanying this announcement are available at :
https://www.globenewswire.com/NewsRoom/AttachmentNg/8eefda4f-f4c2-4c47-b5af-665ef9311cb5
https://www.globenewswire.com/NewsRoom/AttachmentNg/d83d62ee-5a49-439b-aa82-ca01a4ee5fdc
https://www.globenewswire.com/NewsRoom/AttachmentNg/a753cb50-cc8c-45ee-bc55-39b362be723b
FAQ
What new discovery did Yukon Metals (YMMCF) announce at its AZ Project?
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