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Yukon Metals Reports 14 g/t Gold in 300-Metre Step-Out Drilling and Optioned Adjacent Sumitomo-Drilled Property
Yukon Metals Reports 14 g/t Gold in 300-Metre Step-Out Drilling and Optioned Adjacent Sumitomo-Dr...
About this update from Western Copper And Gold Corporation
[{"type":"text","content":"\n\n\nYukon Metals Reports 14 g/t Gold in 300-Metre Step-Out Drilling and Optioned Adjacent Sumitomo-Drilled Property\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nIssued on behalf of Yukon Metals Corp.Built by the same prospecting team behind Snowline Gold's 7.94-million-ounce Valley deposit, Yukon Metals is consolidating an 18-project, 43,000+-hectare portfolio across copper, gold, silver, and tungsten — and the institutional money is starting to follow.USA News Group News CommentaryWHITEHORSE, YT, May 12, 2026 /CNW/ -- Gold opened the second quarter of 2026 with prices that would have been unthinkable two years ago. According to the World Gold Council's Q1 2026 Gold Demand Trends report, the LBMA (PM) gold price set a new quarterly average record of US$4,873 per ounce in Q1 2026, with the metal hitting an all-time high of US$5,405 per ounce in January 2026 before correcting [1]. Total gold demand reached 1,231 tonnes (+2% YoY), with the value of demand surging 74% to a record US$193 billion [1]. Central banks added another 244 tonnes to global reserves and bar-and-coin investment climbed 42% to 474 tonnes — the second-highest quarter on record [1]. The capital is flowing back into producers and the highest-conviction juniors at the same time. The question, increasingly, is which untested ground gets pulled into the next wave.\nThe Yukon — for years a place where the geology was indisputably world-class but the capital cycle was indifferent — is finally getting the attention. Snowline Gold's 7.94-million-ounce Valley deposit, the recent strategic alliance between Cascadia Minerals and Agnico Eagle, and Hecla Mining's Keno Hill operation have collectively put the territory back on every generalist's map. Smaller juniors with credible technical teams and contiguous land positions are positioned to be the next beneficiaries.Yukon Metals Corp. (CSE: YMC) (FSE: E770) (OTCQB: YMMCF) is one of them. The company controls an 18-project, 43,000+-hectare portfolio across the territory, built on more than 30 years of prospect...