VANCOUVER, British Columbia — February 20, 2026 — Leads & Copy —
Yukon Metals Corp. has announced high-grade gold results from its 2025 rock sampling program at the Carter Gulch Property, leading to a new land position. The property is located 40 kilometers southwest of Whitehorse, Yukon, and 10 kilometers from the Alaska Highway.
The company (CSE: YMC, FSE: E770, OTCQB: YMMCF) reported gold values up to 250 grams per tonne (g/t) with an average sample grade of 17.8 g/t Au from quartz vein float material found on the surface. Yukon Metals has also staked 68 claims surrounding the original claims at the Carter Gulch Property, increasing its land position.
The gold mineralization is associated with quartz veining and shear-related structures, with elevated lead and other pathfinder elements also identified.
Interim CEO Jim Coates said the high-grade gold samples are an exciting start to early-stage exploration on the accessible property. He added that staking has allowed the company to secure the core areas of known mineralization and expand its footprint to include nearby showings. The information gathered during the sampling program will inform the next steps at the property, including additional surface sampling, detailed geological mapping, and target definition.
During 2025, the company completed a rock sampling program focused on quartz veins and vein-related mineralization in the Carter Gulch area. Nine samples graded over 1 g/t gold, with an average of 17.8 g/t Au, out of a total of 27 rock samples collected and submitted for analysis.
Rock sampling returned a peak result of 250 g/t Au in a float sample of oxidized quartz vein material. Multiple samples returned multi-gram gold values accompanied by elevated concentrations of lead, zinc, copper, arsenic, and antimony. Lead values reached up to 2.96%.
The company has staked 68 new quartz claims, which, together with the two existing claims, comprise a total of 70 claims covering approximately 1,462 hectares at the Carter Gulch Property. The claims host the Carter Gulch (CG) Showing, which was identified in 1993 following anomalous gold results from a Geological Survey of Canada regional stream sediment surveys conducted in the 1980s. Follow-up rock sampling returned gold values of up to 142 g/t Au, 1.3% Pb, and 1.1% Cu from quartz vein–hosted shear zones containing visible gold. The newly staked claims also cover the Peppy Showing, located approximately 1.5 kilometers southeast of the CG Showing.
The claims were acquired to consolidate the broader structural and geochemical footprint surrounding the CG Showing and to capture potential extensions of gold mineralization. Claim staking was completed by Vision Quest Drilling, a Kluane First Nation citizen-owned company, with helicopter support provided by Yukon-based Capital Helicopters.
Previous exploration at Carter Gulch identified gold-bearing quartz veins and shear zones, including visible gold at the CG Showing and the nearby Peppy Showing. Historical rock sampling returned highly anomalous gold values, and soil geochemical surveys outlined gold anomalies extending hundreds of metres beyond known showings.
The Carter Gulch Property is located approximately 40 kilometres east-southeast of Whitehorse. Gravel roads extend to within 2 kilometres of the Property and the Alaska Highway is 10 kilometres from the edge of the claim block.
The company is planning follow-up exploration at Carter Gulch, including additional surface sampling, detailed geological mapping, and the evaluation of priority targets defined by historical work and the 2025 rock sampling program.
Rock samples were sent to ALS Minerals for analysis with sample preparation in Whitehorse, Yukon and analysis in North Vancouver, British Columbia.
Helena Kuikka, P.Geo., VP Exploration for Yukon Metals and a Qualified Person, has reviewed and approved the technical content of this release.
Yukon Metals is an exploration company with a 17-project portfolio covering more than 43,000 hectares. The Company is focused on advancing high-priority drill targets at the Birch and AZ copper-gold systems, and is also conducting generative exploration across its broader portfolio.
Source: Yukon Metals Corp.
