Commodities
Yukon Metals Expands Tungsten Portfolio with Staking of Historic Tummel Tungsten Showing
VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE:E770, OTCQB: YMMCF) ("Yukon Metals" or the "Company") is pleased to announce that it has recently staked the Tummel Tungsten Project ("Tummel" or the "Project"), covering 3,100 hectares over 150 claims on a high-grade historic scheelite occurrence in the Yukon. Tummel adds to the Company's district-scale portfolio of tungsten-skarn projects, including its flagship Risby property (“Risby” or “Risby Pr
About this update from Yukon Metals Corp
VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE:E770, OTCQB: YMMCF) ("Yukon Metals" or the "Company") is pleased to announce that it has recently staked the Tummel Tungsten Project ("Tummel" or the "Project"), covering 3,100 hectares over 150 claims on a high-grade historic scheelite occurrence in the Yukon. Tummel adds to the Company's district-scale portfolio of tungsten-skarn projects, including its flagship Risby property ("Risby" or "Risby Property") and high-grade historic tungsten showings at its Clea claims. Highlights "The Tummel claims extend our tungsten footprint along the same geological trend that hosts Risby, strengthening a portfolio that we are actively advancing," said the Company's CEO, Jim Coates. "With a historic high-grade scheelite sample, favourable skarn geology, and elevated tungsten stream geochemistry, Tummel consolidates our district-scale tungsten land position in the Yukon." The Company staked Tummel following a regional review of prospective tungsten targets south of the Tintina Fault. Tummel is located near the northwestern extent of an approximately 160-kilometre-long prospective trend defined by Cretaceous intrusive rocks of the Glenlyon Batholith and related intrusions in contact with Lower Paleozoic carbonate-rich units of the Cassiar terrane. This geological setting is considered favourable for tungsten skarn mineralization and is interpreted by the Company to extend southeast toward its Risby Property. The newly staked claims were selected to cover what the Company believes is the most prospective portion of the Tummel area, including the Cretaceous intrusive contact with carbonate units, the historic scheelite occurrence, and nearby elevated tungsten values reported in regional geochemical survey samples.