Mr. Rory Quinn reports

VISIBLE COPPER MINERALIZATION IN DRILL CORE AND ROCK SAMPLES UP TO 26% COPPER AND 5.73 GRAMS PER TONNE GOLD AT YUKON METALS' AZ PROPERTY

Yukon Metals Corp. has provided an update from its inaugural drill program at the 100-per-cent-owned 13,100-hectare AZ project, located approximately six kilometres west of the Alaska Highway and 36 kilometres south of the community of Beaver Creek, Yukon. Drilling and surface work completed in June and July appear to confirm the presence of a large-scale copper-bearing system at the AZ property supported by significant subsurface copper mineralization and high-grade grab samples across the broader project area.

AZ highlights:

• Preliminary visuals from hole 4 shows visible copper mineralization, located in a newly tested target area;
• Prospecting samples up to 26.0 per cent copper and up to 5.73 grams per tonne gold collected in multiple areas across the property;
• Five diamond drill holes totalling 1,500 metres have been completed as of July; assays are pending for holes 1 to 5.

"It is very encouraging to see visible copper mineralization in core from multiple drill holes in previously untested areas at the AZ project," said Rory Quinn, president and chief executive officer of Yukon Metals. "Combined with the high-grade copper and gold identified in surface samples, we are just beginning to uncover the potential of this system. We look forward to receiving assays and advancing our next-phase exploration efforts."

Hole 4 of the 2025 AZ exploration program tested a new porphyry target characterized by strong potassic alteration and visible copper sulphide mineralization within dioritic rocks cut by porphyry dikes. Surface sampling of outcrop near the collar location returned notable copper of 1.14 per cent and gold of 5.73 grams per tonne (sample K155053), within chalcopyrite and minor bornite in disseminated and vein-hosted textures.

The alteration zone covers approximately two square kilometres and is interpreted to represent a lateral or upper expression of a porphyry copper system. The target is located on the edge of a regional magnetic high identified in the tilt derivative of reduced-to-pole (RTP) magnetic data (YGS open file 2020-35), indicating potential proximity to a deeper or more strongly mineralized source at its centre. Visual inspection of hole 4 core confirms copper-bearing sulphides consistent with a porphyry copper model. Assays from hole 4 are pending.

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 per cent 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.

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 company owned by a Kluane First Nation citizen. Helicopter support is being provided by Yukon-based Capital Helicopters, with drilling services contracted to Platinum Drilling. Camp services are being delivered by Kagani, an enterprise owned by a Kluane First Nation citizen, in partnership with long-standing Yukon-based exploration contractor Archer Cathro.

Quality assurance/quality control

All diamond drill core from the 2025 program at the AZ project was logged, photographed and sawn in half using a diamond-blade core saw. One-half of the core was submitted for geochemical analysis, while the other half was retained in secure storage for reference.

Drill core and prospecting rock samples were sent to ALS Minerals for analysis with sample preparation in Whitehorse, Yukon, and analysis in North Vancouver, B.C.

Rock samples taken while prospecting referenced in this 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, 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. The company's strategy is grounded in inclusiveness and shared prosperity, offering both community members and investors the opportunity to contribute to and benefit from the company's success.

Yukon

Yukon remains one of the world's last underexplored mineral belts, offering exceptional discovery potential. The territory is home to a highly skilled and conscientious local work force, shaped by generations of exploration experience, coupled with a deep respect for the land. Recent major discoveries with local roots, such as Snowline Gold's Rogue project (Valley discovery), highlight Yukon's potential to generate fresh district-scale mining opportunities.

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