VANCOUVER, British Columbia, May 12, 2026 – Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) has announced the acquisition of a 100% interest in the KLM Property, located in northern British Columbia near the Yukon border. The property comprises 8 mineral claim groups covering approximately 11,761 hectares and is situated within a region characterized by extensive intrusive rocks and favorable structural architecture conducive to porphyry-style mineralization.
Property Acquisition Details
The property was originally staked on behalf of the company under a grubstake arrangement with an arm’s length third party and subsequently transferred to Yukon Metals. This acquisition aligns with the company’s strategy to build a land position across a prospective copper porphyry corridor extending from northern British Columbia into the Yukon.
CEO Statement
“Yukon Metals has identified a prospective copper porphyry corridor extending from northern British Columbia into the Yukon, and we have systematically built a land position across it,” said Jim Coates, Chief Executive Officer and Director of Yukon Metals. “We are pleased with the addition of the Property as our copper-gold portfolio now includes four properties: Birch, Sumo, AZ, and KLM.”
Geological Potential
Historical work in the area has identified mineral occurrences within and adjacent to the property associated with a granitic intrusive complex, suggesting the presence of a mineralized hydrothermal system. Initial review indicates geological features consistent with porphyry-style mineralization, including quartz veining with associated molybdenum-copper ± lead-zinc mineralization. Exploration to date has been limited, and the company plans to complete a compilation of available data followed by initial reconnaissance work, including geological mapping and sampling.
Portfolio Strategy
The property complements the company’s ongoing exploration activities in the region. Current exploration programs remain focused on the AZ and Birch copper-gold porphyry-skarn projects, while KLM represents an early-stage addition to the copper-gold portfolio. The company continues to target the copper porphyry belt in the region.
Qualified Person
The technical content of this news release has been reviewed and approved by Helena Kuikka, P.Geo., VP Exploration for Yukon Metals and a Qualified Person as defined in 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 Corp.’s portfolio of primary gold assets. The Yukon Metals portfolio consists primarily of copper-gold and silver-lead-zinc assets, with a substantial tungsten, 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 centers around inclusivity and shared prosperity, offering both community members and investors the chance to contribute to and benefit from its ventures.
