Yukon Metals Identifies New Copper Zone and Mobilizes Second Drill Rig at AZ Property
Globenewswire·2025-07-02 13:00

Core Insights - Yukon Metals Corp. has identified a new copper target at its 100%-owned AZ Project, which spans 13,110 hectares, located in Yukon, Canada [1][6] - The company has mobilized a second drill rig to accelerate exploration across multiple high-priority targets within a large, underexplored hydrothermal system [1][3] Exploration and Development - The new copper target is located approximately 4 kilometers southeast of current drilling and is underlain by intrusive rocks with potassic alteration and visible chalcopyrite [4][6] - The alteration zone covers about 2 square kilometers and may represent a lateral or upper expression of a porphyry copper system [4][7] - Recent systematic fieldwork has generated the target through mapping of the potassic alteration zone and associated chalcopyrite mineralization [6][9] Technical Details - The AZ Project has seen consistent copper mineralization, with 18 out of 60 rock-chip samples showing significant copper content, assayed from 0.12% to 3.49% [9] - Geological characteristics and surface mineralization provide a strong technical basis for drill testing, despite the absence of exposed stockwork veining [7][8] Community Engagement - Yukon Metals is engaging local First Nation contractors for various services, including drill pad construction and camp services, fostering community involvement [8][16] - The company emphasizes sustainable growth and shared prosperity within Yukon's local communities [16] Market Context - The Yukon is ranked among the top 10 most prospective regions for mineral potential globally, according to the Fraser Institute's 2023 Survey of Mining Companies [17] - Recent discoveries in the region, such as Snowline Gold's Rogue Project, highlight the Yukon's potential for new district-scale mining opportunities [17]