Mr. Rory Quinn reports

YUKON METALS BEGINS INAUGURAL DRILLING PROGRAM AT HIGH-GRADE COPPER ZONE OF AZ PROPERTY

Yukon Metals Corp. has commenced the inaugural drilling program at its 11,755-hectare AZ project, located six kilometres west of the Alaska Highway and 36 kilometres south of Beaver Creek, Yukon. The fully financed exploration program includes 2,000 metres of diamond drilling, along with extensive geological mapping and rock-chip sampling across several high-priority targets.

2025 AZ drilling program:

• 2,000 metres of diamond drilling of extensive copper mineralization at Chair Mountain, with surface values up to 3.49 per cent copper;
• Hole AZ25-001 contains malachite and azurite down to 22.4 metres;
• Follow-up on the Nutzotin skarn mineral occurrence, where historic trench samples returned up to 10.3 per cent copper (AR No. 095814) as well as testing of an intrusive-hosted chalcopyrite-bearing vein system;
• Yukon-based and local first nation contractors engaged: drill pads constructed by Minconsult in partnership with Vision Quest Drilling, a Kluane first nation citizen-owned company; helicopter support provided by Yukon-based Capital Helicopters; drilling services contracted to Platinum Drilling; camp services provided by Kagani, a Kluane first nation citizen-owned enterprise in partnership with longstanding Yukon-based exploration contractor -- Archer Cathro.

"We are encouraged by the presence of visible copper oxide minerals, including malachite and azurite, observed in the upper portion of the first hole at AZ," said Rory Quinn, president and chief executive officer of Yukon Metals. "These visual indicators align well with our exploration model, and we look forward to receiving assay results to confirm the extent and grade of mineralization."

Building on last season's successful prospecting at Chair Mountain, where rock chip samples returned up to 3.49 per cent copper (see Yukon Metals news release issued Jan. 15, 2025), the company has identified a high-priority target area extending an additional 2.5 kilometres toward the Nutzotin mineral occurrence. Notably, hematite alteration (see Yukon Metals news release issued Feb. 19, 2025, here) observed at surface and the presence of multiple copper occurrences along this corridor suggest the potential for a porphyry-style system.

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 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 further 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.

Grant of equity incentive awards

Yukon Metals announces that it has granted a total of 2,594,000 options to various employees, consultants, directors and officers of the company. The equity incentive awards have been granted pursuant to the company's omnibus incentive plan and are subject to vesting provisions. The options have an exercise price of 53 cents per share and will expire five years from the date of grant.

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. The company's strategy centres around inclusivity and shared prosperity, offering both community members and investors the chance to contribute to, and benefit from, the company's 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.