Yukon Metals Corp. (CSE: YMC) announced on September 15, 2026, that a completed induced polarization geophysical survey at its 100%-owned Birch Project has identified a new target zone approximately 2 kilometres south of known skarn mineralization. The survey, comprising 12.7 line-kilometres across four principal north-south lines and an east-west tie line, revealed multiple chargeability anomalies coinciding with a mapped intrusive body, a magnetic high, and elevated molybdenum-in-soil geochemistry. One of the identified IP targets was tested by diamond drilling during the 2026 program, with assay results pending. Investors may be watching closely given the convergence of independent datasets pointing to a potentially broader mineralizing system.

Key Points

  • Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF)
  • IP survey at the Birch Project identified new chargeability anomalies approximately 2 kilometres south of the known skarn zone, expanding the exploration footprint
  • Select grab samples from the southern target area previously returned up to 16 g/t gold, 1,825 g/t silver, and 0.43% copper; southern chargeability anomaly detected at approximately 400 metres below surface
  • Assay results from drill hole 12, which tested one of the new IP targets during the 2026 program, remain pending

IP Survey Reveals Chargeability Anomalies Across All Four Principal Lines at Birch

Aurora Geosciences Ltd. completed the 2D IP survey at Birch in June 2026, deploying an in-line proximal pole-dipole configuration with nominal dipole spacing of 100 metres. The survey was designed to achieve investigation depths of up to approximately 1,200 metres on principal lines. A southern chargeability anomaly was identified to varying degrees on all four principal survey lines at approximately 400 metres below surface. A northern anomaly was also observed across multiple lines. Aurora Geosciences noted that strong chargeability responses occurring along the edges of resistive features may warrant further investigation given the skarn-style geological setting at Birch.

Southern Target Supported by Coincident Geochemistry, Geology, and Magnetics

The southern Birch target area benefits from multiple converging datasets, which the company states provide independent lines of evidence for a broader intrusive-related mineralizing system. Elevated molybdenum-in-soil geochemistry, a magnetic high corresponding with a low potassium/thorium ratio zone in radiometric data, mapped intrusive rock, and anomalous surface samples collectively directed exploration attention to this zone before the IP survey was conducted. Follow-up mapping and prospecting in August 2026 identified molybdenite and local copper-bearing mineralization within the granodiorite, along with garnet-pyroxene skarn boulders near the intrusive contact, the release states.

2026 Drill Program Tests New IP Target as Assays Remain Pending

Yukon Metals' 2026 exploration program at Birch included approximately 2,600 metres of diamond drilling, building on the 2025 program that comprised 1,685 metres in six holes. One of the newly identified IP targets — the northern chargeability anomaly — was tested by drill hole 12 during the current season. Assay and hyperspectral results from this hole, as well as from follow-up geological work, remain pending. The company disclosed it is continuing to integrate the IP results with geological mapping, soil and rock geochemistry, magnetic data, and drilling to refine priority areas. The technical content of the release was reviewed and approved by Helena Kuikka, P.Geo., VP Exploration, as Qualified Person under National Instrument 43-101.