New Risk • Apr 26
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$60.6m market cap, or US$44.3m). Announcement • Apr 02
Yukon Metals Corp. Reports Drilling Results At Star River Property Yukon Metals Corp. reported results from a successful 2025 diamond drilling program at the Star River property located adjacent to the past-producing Ketza mine in the southern Yukon, motivating the acquisition of additional, highly prospective, Stump claims along the same structural corridor. The 2025 drill campaign focused on testing the down-dip and along-strike extensions of gold and silver-bearing veins exposed at surface within the F2, F3 and Saddle zones. Holes successfully correlated geology with geophysical surveys, including electromagnetics, gravimetry and drone magnetics defining a 1-kilometre-long structural mineralized corridor containing multiple exploration targets. 11.7 grams per tonne gold over 0.5 metres intersected within metre-scale quartz-ankerite-sulphide veins in the F2 zone. Gold mineralization ranging from 0.2-4.9 g/t intersected in multiple drill holes. Polymetallic mineralization intersected within the F2 structural corridor, including up to 183 g/t silver, 10.6% lead and 3% zinc. Drone magnetic survey defined a 1-kilometre structural corridor coincident with the F2, F3 and Saddle mineralized zones. 2 kilometres of additional prospective ground acquired along same structural corridor with Stump property addition. Mineralization is from a high-grade, narrow-vein system such that most of the holes only intersect with a meter or so per hole of each targeted vein, while the rest of the hole sought to define deeper system geology. The average concentrations for each hole can be found in Table 1. The Company is integrating geological, geochemical and geophysical data from the 2025 program to refine the structural model of the F2 corridor and prioritize follow-up work. Future work will focus on testing additional vein splays along the F2 structure, particularly where structural preparation coincides with calcium-rich metasedimentary units interpreted to be favourable hosts for gold mineralization. The newly acquired Stump vein claims represent a priority exploration target. Drilling in the F2, F3 and Saddle zones intersected a metasedimentary sequence comprising quartzite and phyllitic metasediments separated by graphitic schist horizons within the Cassiar Platform stratigraphy. Mineralization occurs primarily within brecciated and veined intervals developed in calcium-rich metasedimentary units, indicating that structurally prepared reactive host rocks played an important role in localizing hydrothermal fluid flow. Holes SR25-001, 002, and 003 drilled near the F2 vein showing intersected gold mineralization in massive quartz–ankerite veins containing pyrite and arsenopyrite, returning values of up to 11.7 g/t Au and several veins returning between 1.9-4.9 g/t Au. Multielement analysis indicates a strong Au–As–Fe association, with elevated gold values correlating with Ca-rich host rocks and Ca-dominant geochemical ratios. In addition, a second set of narrow polymetallic veins containing galena returned values of up to 183 g/t Ag and 10.6% Pb. Hole SR25-006 south of the F2 vein area is thought to be separated by an offsetting fault intersected three 1.5-metre-long intervals of elevated zinc between 2.4-3.4% within brecciated and veined intervals hosted in phyllitic and calcareous metasediments. These results together indicate a multiphase polymetallic hydrothermal system within the F2 corridor. Holes SR25-004 and 005 drilled in the Saddle zone primarily intersected fault breccia and gouge material, with portions extremely oxidised. Core recovery was low in these holes, and one section of low-grade gold mineralization was intersected in hole 4 associated with the fault. Holes SR25-007 and 008 targeted the F3 vein showing on the east side of the Star River Property intersected silver and lead-bearing vein breccias up to 116 g/t Ag and up to 3.2% Pb. Near the bottom of hole 008, a zinc rich interval was intersected that may be related to mineralization in Hole 6 to the west. Current modelling indicates that the F2 vein system represents the principal mineralized structure linking the majority of Au, Ag and Pb intercepts to mapped surface veins. Individual veins strike predominantly north–south, while geophysical data define a broader east–west structural corridor interpreted to represent a major deformation zone across the Property. Gold mineralization is preferentially developed where veining and brecciation intersect calcium-rich metasedimentary units, suggesting that structural preparation and reactive host lithologies together controlled the localization of mineralization. At depth and along strike the F2 structure appears to bifurcate into multiple splays, forming a distributed vein network. Announcement • Mar 06
Yukon Metals Corp. Announces Departure of Sue Craig from Board of Directors, Effective March 1, 2026 Yukon Metals Corp. announced that Sue Craig has stepped down from the Company’s Board of Directors, effective March 1, 2026. Following Sue Craig’s departure, the Yukon Metals Board now consists of four board members. The Company will evaluate adding additional directors at such time that it is determined to be appropriate. 
