Mr. Jim Coates reports

YUKON METALS FILES TECHNICAL REPORT FOR THE BIRCH PROJECT, YUKON

Yukon Metals Corp. has filed an independent technical report, titled "NI 43-101 Technical Report of Activities on The Birch Property, Southwest Yukon, Canada," with an effective date of Jan. 19, 2026. The report has been prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects, and is available under the company's profile on SEDAR+ and on the company's website.

The 2025 program marked the first-ever diamond drilling at the Birch project and was designed to follow up on a 1.4-kilometre-long copper and gold soil anomaly. Results from this inaugural campaign confirmed that the anomaly is associated with a genuine copper-gold mineralized system, including multiple stacked skarn horizons and mineralization over a meaningful 750-metre footprint. With additional high-grade gold-copper-molybdenum surface results identified approximately two kilometres south of the drill area near a large molybdenum soil anomaly, Birch now offers several priority follow-up targets and significant room to expand beyond the initial discovery area.

The report supports the scientific and technical information previously disclosed by the company in its news release dated Dec. 8, 2025, which is available on the company's profile on SEDAR+ and on its website, regarding the Birch property, and does not contain any material differences from the information previously released.

About the Birch project

Birch is a 7,000-hectare copper-gold exploration property located in western Yukon, approximately 65 kilometres northeast of Burwash Landing. The 100-per-cent-owned, helicopter-accessed property represents an emerging copper-gold exploration opportunity within Yukon Metals' broader Yukon portfolio, with multiple target areas identified across the project. Exploration to date has outlined skarn-style copper-gold mineralization, while geological, geochemical and geophysical work suggests the potential for additional epithermal and porphyry-style mineralized systems.

Recent exploration at Birch included a 1,685-metre, six-hole HQ diamond drill program completed in 2025. Drilling identified a mineralized footprint 750 metres long and confirmed stacked skarn horizons, including Hole BR25-003, which intersected 47.4 metres grading 0.43 gram per tonne (g/t) gold from 26.6 metres depth, including 1.0 metre grading 14.35 g/t gold. Hole BR25-001 returned 21.2 metres grading 0.30 per cent copper, from 138.8 metres to 160.0 metres. Prospecting two kilometres south of the drilled area also returned surface rock samples with elevated gold, silver and copper near a large molybdenum soil anomaly.

About Yukon Metals Corp.

Yukon Metals is a well-financed exploration company with a 19-project portfolio covering more than 62,000 hectares. Built on over 30 years of Berdahl family prospecting, the same team behind Snowline Gold Corp.'s district-scale assets, Yukon Metals provides exposure to copper, gold, silver and critical metals. While advancing high-priority drill targets at the Birch and AZ copper-gold systems and the Star River gold-silver project, the company is also conducting generative exploration across its broader portfolio to develop the next pipeline of discovery opportunities. Guided by an experienced leadership team with technical, financial and Yukon expertise, the company is well positioned to unlock new mineral discoveries across the Yukon territory.

Yukon Metals is committed to fostering sustainable growth and prosperity within Yukon's local communities, while also enhancing shareholder value. Rooted in a philosophy of inclusiveness and shared prosperity, the company's strategy offers both local community members and investors the opportunity to contribute to and benefit from its success.

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.

Qualified person

The report referenced in this news release was prepared by Carl Schulze, BSc, PGeo, an independent qualified person as defined under NI 43-101, who is responsible for the scientific and technical information contained in the report. The technical content of this news release not related to the report has been reviewed and approved by Helena Kuikka, PGeo, vice-president of exploration for Yukon Metals and a qualified person (as defined by NI 43-101).

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