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Yukon Metals triples Birch property claims

North of 60 Mining News - November 15, 2024

Company expands exploration area to advance copper-gold porphyry discovery.

Yukon Metals Corp. Nov. 14 announced the successful staking of additional claims surrounding its Birch property in Yukon, more than doubling the project area from 2,285 hectares to 7,008 hectares in pursuit of a major porphyry and skarn copper-gold discovery.

In late May, Yukon Metals acquired a substantial portfolio of properties from the Berdahl family's private prospecting company, 18526 Yukon Inc. With this acquisition, Yukon Metals has swiftly made its mark on the mineral exploration scene, launching numerous projects in one of the world's most prospective jurisdictions.

Much like the development of Snowline Gold's portfolio, Yukon Metals' land package consists of 17 properties – AZ, Bar, Birch, Carter Gulch, Clea, Eva, Expo, Faro North, Fox, Gem, Star River, Nut, Pete, Risby, Talbot, and Venus – accumulated over 30 years of prospecting by the Berdahl family.

With its initial 18,000-hectare (44,478 acres) portfolio encompassing a range of critical minerals – including zinc, barite, arsenic, bismuth, tin, molybdenum, tungsten, antimony, and copper – Yukon Metals holds a diverse collection of projects; assets that span from large greenfield opportunities to more advanced deposits, offering a broad spectrum of development potential.

Birch is located roughly 65 kilometers (40 miles) northeast of Burwash Landing and has shown promising copper and gold mineralization, including a 1,400-meter-long copper-gold anomaly.

Star River, situated about 50 kilometers (31 miles) south of Ross River, has returned impressive high-grade silver and gold assays from multiple zones, confirming its potential as a major polymetallic target.

Yukon Metals Corp.

These properties represent early priorities in the company's quest to define significant new resources within its portfolio, a focus that has now expanded with the recent staking at Birch, nearly tripling its exploration footprint and setting the stage for the next phase of discovery.

"We're very pleased to be able to efficiently secure these additional claims around the Birch property over the last month," said Yukon Metals President and CEO Rory Quinn. "This expansion strengthens our position in a highly prospective area and provides us with further exploration opportunities to advance our understanding of the mineralization."

The decision to expand the Birch land holdings was influenced by encouraging exploration results earlier this year. Soil sampling and prospecting identified significant mineralized zones, which prompted Yukon Metals to secure additional claims and enhance its position in this promising region.

"Highlights of the 2024 campaign include a 1,400-meter copper and gold in soil anomaly grading over 0.2% copper and up to 0.99 grams per tonne gold and mineralized skarn sampling up to 2.42% copper and up to 14.1 grams per tonne gold," said Quinn. "With a larger footprint, we're excited to take the next steps and continue building value for all stakeholders."

This expansion allows Yukon Metals to conduct detailed geological mapping, sampling, and geophysical surveys across the newly acquired claims, building upon the progress made in 2024. This will also enable the company to explore new mineralization potential identified by airborne geophysical anomalies in the northern areas of the Birch property.

 

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