Mr. Rory Quinn reports

YUKON METALS ANNOUNCES 2025 AZ EXPLORATION PLANS AND INAUGURAL DRILL CAMPAIGN AT CHAIR MOUNTAIN

Yukon Metals Corp. has released the details of its upcoming exploration program at the 11,755-hectare AZ project, located approximately 36 kilometres (km) south of Beaver Creek, Yukon, and is the largest of Yukon Metals' 17 properties, which total over 42,500 hectares.

Highlights of the 2025 planned exploration:

• 2,000 metres (m) of diamond drilling at Chair Mountain to test key targets along a 1.2-kilometre-long gossan zone, located six km west of the Alaska Highway;
• Follow-up on the Nutzotin skarn mineral occurrence, where historic trench samples returned up to 10.3 per cent copper, as well as testing of an intrusive-hosted chalcopyrite-bearing vein system, located 200 m east of the skarn (Marylin Creek stock);
• Airborne geophysical surveys using magnetic and VTEM (versatile time-domain electromagnetic) to refine structural interpretations and identify potential conductive mineralization along the five-kilometre-long Chair-to-Nutzotin trend.

Rory Quinn, president and chief executive officer, stated: "The surface copper anomalies, oxidation, alteration and proximity to a regionally mapped structure make the five-kilometre-long Chair-to-Nutzotin trend a highly attractive exploration target. The systematic approach -- integrating historical data, modern geophysics and targeted drilling -- will allow Yukon Metals to refine its exploration model and unlock further potential at the AZ project."

Building on last season's successful prospecting at Chair Mountain, where rock chip samples returned up to 3.49 per cent copper (see the company's news release dated Jan. 15, 2025), the company has identified a high-priority target area extending an additional 2.5 km toward the Nutzotin mineral occurrence. Notably, hematite alteration observed at surface and the presence of multiple copper occurrences along this corridor suggest the potential for a porphyry-style system. This corridor will be the focus of a multifaceted exploration program that includes 2,000 m of diamond drilling, systematic mapping and geochemical sampling, and an airborne magnetic and VTEM survey to target additional drill holes.

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 km on the north and eastern flanks of Chair Mountain. Consistent copper mineralization was found along the prospected area. Of the 60 rock-chip samples taken, 18 samples showing significant copper content, assayed from 0.12 to 3.49 per cent. 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 northwest-trending fault zone, that extends a kilometre 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 dikes were mapped in the vicinity of mineralization and are interpreted to be part of the Nutzotin suite of intrusions.

The Nutzotin mineral occurrence lies 2.5 km northwest of Chair Mountain along strike of a large fault mapped by the Yukon Geologic Survey in 2007. Two skarn showings were uncovered in this area in the late 1960s, which reportedly yielded up to 10.3 per cent copper and 16.4 grams per tonne (g/t) silver, with trace gold. Historical chip sampling over three trenches returned variable copper values, with the best returning 0.6 per cent copper over 12 m (AR 095814).

During a 2006 exploration program, a composite grab sample, No. RC276270, over a granite stock northeast of the skarn showings returned significant copper mineralization of 1,485 parts per million (ppm) (AR 094599). Silt sample No. TC276691 downstream of the stock returned 0.183 g/t gold (AR 094599). The stock reportedly shows moderate to strong orange ankeritic alteration and pyritization with abundant quartz veining, noted as commonly chalcopyrite bearing.

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

Limited outcrop exposure, permafrost and extensive volcanic ash over the soil profile have previously challenged exploration efforts in this area. Yukon Metals successfully deployed a deep permafrost soil drilling technique in 2024 at the Birch property, which was designed for similar difficult exploration terrain. The use of this system at AZ in 2025 has the potential to reveal geochemical continuity between mineralized outcrops.

Sampling methodology

Rock samples from the 2024 program referenced above were sent to ALS Minerals for analysis with sample preparation in Whitehorse, Yukon, and analysis in North Vancouver, B.C.

Samples were prepared by crushing to 70 per cent passing two millimetres (mm), 250-gram split pulverized better than 85 per cent passing 75 microns (Prep-31A). Pulp samples were analyzed for 48 elements by four-acid digestion and ICP-MS (inductively coupled plasma mass spectrometry) supertrace analysis (ME-MS61L). All samples were analyzed for gold by fire assay and AAS (atomic absorption) with a 50-gram nominal sample weight (Au-AA24). Samples over 10,000 ppm copper were assayed by method Cu-OG62.

Rock samples taken while prospecting referenced in this news release are selective in nature and collected to determine the presence or absence of mineralization and may not be representative of the mineralization hosted on the project.

Qualified person

The technical content of this news release has been reviewed and approved by Helena Kuikka, PGeo, vice-president of 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. Its strategy centres around inclusivity and shared prosperity, offering both community members and investors the chance to contribute to, and benefit from, its ventures.

Yukon

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 work force, 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 Yukon's potential to generate fresh district-scale mining opportunities.

We seek Safe Harbor.