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Yukon Metals Just Optioned a Sumitomo-Drilled Copper-Gold Project Next to Its Birch Discovery - Here's What's Now in Play in the Yukon
Issued on behalf of Yukon Metals Corp. With 18 projects, 44,000 hectares, and a recent string...
About this update from Snowline Gold Corp.
[{"type":"text","content":"Yukon Metals Just Optioned a Sumitomo-Drilled Copper-Gold Project Next to Its Birch Discovery — Here’s What’s Now in Play in the Yukon\nIssued on behalf of Yukon Metals Corp. With 18 projects, 44,000 hectares, and a recent string of high-grade hits at Birch, Carter Gulch, and Star River, this Berdahl-family-backed junior is consolidating ground in a territory the majors are once again funding Key Takeaways Yukon Metals Corp. (CSE: YMC) (FSE: E770) (OTCQB: YMMCF) controls an 18-project, 44,000-hectare portfolio across the Yukon, built on more than 30 years of prospecting by the Berdahl family — the same team behind Snowline Gold’s flagship Rogue Project [1,2].Hole BR25-003 at Birch — drilled 300 metres northeast of the discovery hole — returned 47.4 metres of 0.43 g/t gold including 1.0 metre of 14.35 g/t gold (December 8, 2025) [3].2025 rock sampling at Carter Gulch returned gold values up to 250 g/t with a peak sample assaying 41.9 ppm Ag, 2,130 ppm Cu, and 2.96% Pb; 68 new claims were staked, bringing the property to 70 claims / 1,462 hectares (February 20, 2026) [4].Star River drilling intersected 11.7 g/t gold over 0.5 metres, and a separate F2-corridor interval returning 183 g/t silver and 10.6% lead over 0.5 metres (April 2, 2026) [5].Yukon Metals optioned the Sumo copper-gold property (75 quartz claims, ~1,875 hectares, 10 km east of Birch) on April 27, 2026 — a property previously drilled by Sumac Mines Ltd. (a subsidiary of Sumitomo Metal Mining Co., Ltd.) with 19 holes totalling ~7,300 metres between 2013 and 2015 [6]. NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- American News Group News Commentary — On April 23, 2026, Newmont Corporation reported its Q1 2026 results: revenue of US$7.31 billion (+46% year-over-year), record free cash flow of US$3.1 billion, net income of US$3.3 billion, and a new $6.0 billion share repurchase authorization following the full execution of the prior $6.0 billion program [7]. Realized gold price for the quarter was US$4,900 per ounce against gold by-product all-in sustaining costs of just $1,029 per ounce [7]. A week later, Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM) reported its own record Q1: payable gold production of 825,109 ounces, a realized price of US$4,861 per ounce, net income of US$1.7 billion ($3.39 pe...