Yukon Metals Announces 2025 AZ Exploration Plans and Inaugural Drill Campaign at Chair Mountain

Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (" Yukon Metals " or the " Company ") is pleased to announce details of its upcoming exploration program at the 11,755-hectare AZ project, located approximately 36km south of Beaver Creek, Yukon and is the largest of Yukon Metals' seventeen properties, which total over 42,500 hectares.

Highlights of the 2025 planned exploration:

2,000 meters of diamond drilling at Chair Mountain to test key targets along a 1.2-kilometer-long gossan zone, located 6km west of the Alaska Highway.
Follow-up on the Nutzotin skarn mineral occurrence, where historic trench samples returned up to 10.3% copper as well as testing of an intrusive-hosted chalcopyrite-bearing vein system located 200m east of the skarn (Marylin Creek Stock).
Airborne geophysical surveys using magnetic and VTEM to refine structural interpretations and identify potential conductive mineralization along the 5km long Chair-to-Nutzotin trend (Figure 1) .

Rory Quinn, President & CEO stated, " The surface copper anomalies, oxidation, alteration, and proximity to a regionally mapped structure make the 5km-long Chair to Nutzotin trend a highly attractive exploration target. The systematic approach - integrating historical data, modern geophysics and targeted drilling - will allow Yukon Metals to refine its exploration model and unlock further potential at the AZ project."

Building on last season's successful prospecting at Chair Mountain, where rock chip samples returned up to 3.49% copper (Figure 2- see YMC NR issued January 15, 2025 here ), the Company has identified a high-priority target area extending an additional 2.5 kilometers toward the Nutzotin mineral occurrence. Notably, hematite alteration (Figure 3) observed at surface and the presence of multiple copper occurrences along this corridor suggest the potential for a porphyry-style system. This corridor will be the focus of a multifaceted exploration program that includes 2,000 meters of diamond drilling, systematic mapping and geochemical sampling, and an airborne magnetic and VTEM (Versatile Time-Domain Electromagnetic) survey to target additional drill holes.

Interpreted mineralization trend the focus of the 2025 field program at AZ highlighted along with 2024 prospected gossan area.

Figure 1- Interpreted mineralization trend the focus of the 2025 field program at AZ highlighted along with 2024 prospected gossan area.

About the AZ Project

In September 2024, Yukon Metals conducted a helicopter-supported mapping and sampling program on its AZ property. A prominent zone of orange iron-stained and altered rocks was followed over 1.2 kilometres on the north and eastern flanks of Chair Mountain. Consistent copper mineralization was found along the prospected area. Of the sixty rock-chip samples taken, 18 samples showing significant copper content, assayed from 0.12-3.49%. Hematite alteration was also noted in the area. This can be associated with oxidized hydrothermal fluids, which are key drivers in forming major porphyry copper deposits.

Rock-chip samples were collected in quartz veins within basalt and andesite volcanic rocks in both outcrop and float exposures near the ridge tops. This area is coincident with a major topographic lineament, mapped regionally as a NW trending fault zone, that extends a further kilometer down to Sanpete Creek (a past alluvial gold producer) and the property boundary to the southeast.

The large gossan and mineralized veins provide evidence of a large hydrothermal system driving fluids through the faults and fractures on Chair Mountain. Strongly clay-altered biotite-quartz diorite dykes were mapped in the vicinity of mineralization and are interpreted to be part of the Nutzotin suite of intrusions.

Sample K140202 Grading 3.49% Cu

Figure 2- Sample K140202 Grading 3.49% Cu

The Nutzotin mineral occurrence lies 2.5km northwest of Chair Mountain along strike of a large fault mapped by the Yukon Geologic Survey in 2007 (Figure 4) Two skarn showings were uncovered in this area in the late 1960's which reportedly yielded up to 10.3% copper and 16.4 g/t silver with trace gold. Historical chip sampling over three trenches returned variable copper values, with the best returning 0.6% copper over 12m (AR 095814).

During a 2006 exploration program, a composite grab sample #RC276270 over a granite stock northeast of the skarn showings returned significant copper mineralization of 1,485 ppm (AR 094599). Silt sample #TC276691 downstream of the stock returned 0.183 g/t gold (AR 094599). The stock reportedly shows moderate to strong orange ankeritic alteration and pyritization with abundant quartz veining, noted as commonly chalcopyrite-bearing.

A small exploration program in 2012 by Strategic Metals uncovered a new mineralized zone on the northern contact of the stock with soil samples ranging between 134 to 1,105 ppm copper (AR 096422).

Limited outcrop exposure, permafrost and extensive volcanic ash over the soil profile has previously challenged exploration efforts in this area. Yukon Metals successfully deployed a deep permafrost soil drilling technique in 2024 at the Birch property which was designed for similar difficult exploration terrain. The use of this system at AZ in 2025 has the potential to reveal geochemical continuity between mineralized outcrops.

Sampling Methodology

Rock samples from the 2024 program referenced above were sent to ALS Minerals for analysis with sample preparation in Whitehorse, Yukon and analysis in North Vancouver, British Columbia.

Samples were prepared by crushing to 70% passing 2mm, 250g split pulverised better than 85% passing 75 microns (Prep-31A). Pulp samples were analysed for 48 elements by four acid digestion and ICP-MS super-trace analysis (ME-MS61L). All samples were analyzed for gold by fire assay and AAS with a 50g nominal sample weight (Au-AA24). Samples over 10,000 ppm Copper were assayed by method Cu-OG62.

Rock samples taken while prospecting referenced in this release are selective in nature and collected to determine the presence or absence of mineralization and may not be representative of the mineralization hosted on the project.

Sample K140214 showing intensely hematite-altered basalt with quartz-calcite stringers. Contains 111.5 ppm Cu.

Figure 3- Sample K140214 showing intensely hematite-altered basalt with quartz-calcite stringers. Contains 111.5 ppm Cu.

Chair Mountain area geology from Israel et. al, 2007 with granite mapping from AR 094599 and the 2024 Yukon Metals field program, with interpreted mineralization trend.

Figure 4- Chair Mountain area geology from Israel et. al, 2007 with granite mapping from AR 094599 and the 2024 Yukon Metals field program, with interpreted mineralization trend.

AZ Project Location Map

Figure 5- AZ Project Location Map

Qualified Person
The technical content of this news release has been reviewed and approved by Helena Kuikka, P.Geo., VP Exploration for Yukon Metals and a Qualified Person (as defined by National Instrument 43-101).

About Yukon Metals Corp.

Yukon Metals is well financed and represents a property portfolio built on over 30 years of prospecting by the Berdahl family, the prospecting team behind Snowline Gold's portfolio of primary gold assets . The Yukon Metals portfolio consists primarily of copper-gold and silver-lead-zinc assets, with a substantial gold and silver component. The Company is led by an experienced Board of Directors and Management Team across technical and finance disciplines.

Yukon Metals is focused on fostering sustainable growth and prosperity within Yukon's local communities, while simultaneously enhancing stakeholder value. Our strategy centers around inclusivity and shared prosperity, offering both community members and investors the chance to contribute to, and benefit from, our ventures.

The Yukon

The Yukon ranks 10 ^th most prospective for mineral potential across global jurisdictions according to the Fraser Institute's 2023 Survey of Mining Companies and is host to a highly experienced and conscientious local workforce, fostered by a long culture of exploration coupled with deep respect for the land. Recent major discoveries with local roots such as Snowline Gold's Rogue Project - Valley Discovery, demonstrate the Yukon's potential to generate fresh district-scale mining opportunities.

Yukon Metals CORP.

" ON BEHALF OF THE BOARD OF Yukon Metals CORP.

"Rory Quinn"

Rory Quinn, President & CEO
Email: roryquinn@yukonmetals.com
Phone: 604-366-4408

For additional information, please contact:

Kaeli Gattens
Vice President, Investor Relations & Communications
Yukon Metals Corp.
Email: kaeligattens@yukonmetals.com
Website: www.yukonmetals.com

Event & Live Panel Discussion: Vancouver Yukon Investor Day – February 19 ^th , 2025

Please join the Company today – February 19 ^th at 2:00pm PT at the Terminal City Club – for a live presentation and panel discussion hosted by Invest Yukon. For more information please click here.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains certain forward-looking information, including information about the metal association and geology of the prospect areas at the AZ project, including Chair Mountain, Nutzotin, Wrangell and California, the accuracy of the copper mineralization, the potential for economic grades of copper, silver and gold, Yukon's potential to generate fresh district-scale mining opportunities, and the Company's future plans and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify the forward-looking information. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking information involves significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from those discussed or implied in the forward-looking information. Such factors include, among other things: risks and uncertainties relating to Chair Mountain and other properties not being prospective copper-rich, gold-rich or silver-rich geological systems; rock samples analysed not being representative of overall mineralization; the required assumptions of completed helicopter-supported mapping and sampling programs; not having significant scale and a lack of economic grade minerals; the Yukon not having the potential to generate fresh district-scale mining opportunities; and other risks and uncertainties. See the section entitled "Risk Factors" in the Company's listing statement dated May 30, 2024, available under the Company's profile on SEDAR+ at www.sedarplus.ca for additional risk factors. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with the forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to update or revise the information to reflect new events or circumstances, except as required by law.

References

Davidson, G.,(1987). Assessment report on the Chair Gold 1-12, 15-18 mineral claims (YA94380-YA94391, YA94392-YA94395), NTS 115-K-2 . Prepared for G. Harris, Whitehorse Mining District, Yukon Territory. September 1987. AR # 091955

ISRAEL, S., COBBETT, R. and FOZARD, C., 2007. Bedrock geology of the Miles Ridge area, Yukon (parts of NTS 115F/15, 16 and 115K/1, 2) (1:50 000 scale). Yukon Geological Survey, Open File 2007-7.

Mitchell, A., B.Sc. (2012). Assessment report describing soil and rock geochemical sampling at the Nutz Property, Nutz 1-30 YD110353-YD110382, NTS 115/K02 . Prepared for Strategic Metals Ltd. by Archer, Cathro & Associates (1981) Limited. Whitehorse Mining District, Yukon Territory. February 2012. AR # 095814

Richter, D.H., Singer, D.A., and Cox, D.P., 1975, Mineral resources map of the Nabesna quadrangle, Alaska: U.S. Geological Survey Miscellaneous Field Studies Map MF-655-K, 1 sheet, scale 1:250,000.

Schulze, C., B.Sc., (2007). NI 43-101-compliant report on the 2006 exploration program on the White River Nickel Project: ANT, HAND, WENG, RIVER, WR, PIC, and KLUX claim blocks (115K/02, 115F/15, 115F/16) . Prepared for Xstrata plc (formerly Falconbridge Ltd.) by All-Terrane Mineral Exploration Services. Whitehorse Mining District, Yukon Territory. February 26, 2007. AR # 094599

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4834355c-eb12-455c-a5d4-8fa93ab6eb3d

https://www.globenewswire.com/NewsRoom/AttachmentNg/94a758b4-4070-450a-a0e9-ad9d72af2bc7

https://www.globenewswire.com/NewsRoom/AttachmentNg/43b30a15-f677-4a13-9985-71a05e7839ce

https://www.globenewswire.com/NewsRoom/AttachmentNg/feea2795-9b4e-4e92-8751-e9dc279ffda9

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YMC:CC

Blackrock Silver Commences Eastern Expansion Drill Program Targeting 1.2km Trend at Tonopah West

Scout Drilling Discovered the Extension of the High-grade Merten Vein Creating an Opportunity to Expand the Dpb Resource up to 1,200 Metres to the East

SCOUT PROGRAM HIGHLIGHTS:

Assay results from the Company's reverse circulation Scout Drill Program (see March 31, 2025 news) returned significant gold & silver values in 7 drillholes that successfully expanded the footprint of mineralization up to 1,200 metres from the east of the existing DPB resource toward the historic Ohio mine;
These intercepts cover a new zone of silver and gold interpreted to be the outer ring structure of the Fraction caldera, and are not included in the 2024 resource;
A fully funded 15 drillhole program totalling up to 5,000 metres is underway; and
Results from this program will be incorporated into an updated Mineral Resource Estimate in Q1, 2026.

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2025) - Blackrock Silver Corp. (TSXV: BRC,OTC:BKRRF) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") announces commencement of a fully-funded expansion drill program ("Expansion Program") to follow up on the successful Scout Drilling campaign that expanded the DPB South zone 1,200 metres in an easterly direction on its 100% owned Tonopah West project located in Nye and Esmeralda Counties, Nevada, United States.

The Expansion Program will utilize one Reverse Circulation (RC) drill overseen by Legacy Drilling and two core drill rigs operated by Alloy Drilling to complete 2,450 metres (8,000 ft) of RC precollars and 2,550 metres (8,400 ft) of core tails across 15 drillholes targeting the Eastern Expansion zone between the DPB resource area and the eastern extent of the project. Drilling is anticipated to be completed in October with assay results expected through year end.

Andrew Pollard, Blackrock's President and CEO, stated, "With drills now turning on this fully financed program, we're stepping out across a 1.2-kilometre corridor with strong potential to significantly expand our mineral inventory at Tonopah West. Scout drilling confirmed the eastern extension of the high-grade Merten vein well beyond the current resource boundary, returning standout grades including 2,063 grams per tonne (g/t) silver equivalent (AgEq) (1,198 g/t silver (Ag) and 9.6 g/t gold (Au)) over 1.52 metres, and 952 g/t AgEq (10 g/t Ag and 10.5 g/t Au) over 4.57 metres. This newly defined zone, situated along the outer ring structure of the Fraction caldera, lies entirely outside our 2024 resource and presents an opportunity to quickly and meaningfully grow the scale of the project. Results from this program are expected to underpin a resource update in Q1 2026. The Company remains on track to deliver a separate resource update in Q3 2025 that will incorporate all results from the recently completed M&I conversion program."

As announced on March 31, 2025, the Company discovered the 1,200 metre eastern extension zone representing the continuation of the outer-ring structure or Fraction caldera margin from DPB South to the historic Ohio mine. The Scout Drilling showed the Merten vein extends eastward and is arched and dips southward. This orientation suggests multiple ring structures associated with the Fraction caldera running across Tonopah West. An inner structure hosting the Victor and DPB North (Denver and Paymaster) resources, and an outer, more southern, ring structure hosting DPB South (Merten and Bermuda) and the NW Stepout resources (See Figure 1). The arching geometry of the Merten vein is similar to that described from the historic Ohio vein which was 15 metres thick when mined in the early 1900s¹. Given the geometry and location, the Merten is potentially the extension of the Ohio vein. Table 1 summarizes the Scout Drilling assay results above 150 g/t AgEq.

Table 1: Scout Drilling Program results above 150 g/t AgEq

Drillhole ID	Hole Type	Area	From (m)	To (m)	Drill Interval (m)	Ag g/t	Au g/t	AgEq g/t
TW25-125	RC	DPB East	220.98	222.50	1.52	76.41	2.010	257.3
TW25-127	RC	DPB East	390.15	391.67	1.52	8.00	1.750	165.5
TW25-130	RC	DPB East	188.98	190.50	1.52	290.00	3.300	587.0
TW25-132	RC	DPB East	245.36	246.89	1.52	78.58	1.180	184.8
TW25-133	RC	DPB East	280.42	283.47	3.05	129.08	1.575	270.8
TW25-133	RC	DPB East	309.37	313.95	4.57	10.65	10.456	951.8
Including			309.37	310.90	1.52	15.73	21.467	1,948.0
TW25-128	RC	Ohio	292.61	294.13	1.52	1,198.00	9.610	2,063.0
TW25-128	RC	Ohio	297.18	298.71	1.52	219.00	1.720	373.8
TW25-131	RC	Ohio	269.75	271.27	1.52	89.10	2.630	325.8
AgEq gpt=(Au gpt*90)+Ag gpt; True thickness unknown at this time; Cut-off grade is 150 gpt AgEq; RC = Reverse Circulation Drilling

TW25-133 returned significant silver and gold with values starting at 309-metres grading 10.46 g/t gold and 10.6 g/t silver over 4.57 metres (952 g/t AgEq), and show mineralization extends along the Merten vein for 540 meters to the east-southeast of the main DPB South resource. With the inclusion of TW25-128 which returned 9.6 g/t gold and 1198 g/t silver over 1.5-metres (2,063 g/t AgEq), the zone could be up to 1,200-metres in length.

The mineralized zone traced by these assay results is new and not included in the 2024 resource. These results could have a substantive impact on the future resource estimate.

Figure 1: Tonopah West expansion potential

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_001full.jpg

Figure 2: Drillhole location map with cross section line at location 478540E

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_002full.jpg

Figure 3: Geologic cross section along 478540E

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_003full.jpg

Quality Assurance/ Quality Control

All sampling is conducted under the supervision of the Company's project geologists, and a strict chain of custody from the project to the sample preparation facility is implemented and monitored. The RC samples are hauled from the project site to a secure and fenced facility in Tonopah, Nevada, where they are loaded on to American Assay Laboratory's (AAL) flat-bed truck and delivered to AAL's facility in Sparks, Nevada. A sample submittal sheet is delivered to AAL personnel who organize and process the sample intervals pursuant to the Company's instructions.

The RC samples are lined out at the lab and logged into AAL's system. The samples are dried, crushed to 85% passing 10 mesh (2mm) and a 250-gram sub-sample split is collected and pulverized to 200 mesh (74 micron) in a ring and puck pulverizer. Then the pulverized material is digested and analyzed for gold using fire assay fusion and an Induced Coupled Plasma (ICP) finish on a 30-gram assay split (FA-PB30-ICP). Silver is determined using five-acid digestion and ICP analysis (ICP-5AM48). Over limits for gold and silver are determined using a gravimetric finish (GRAVAU30 and GRAVAG30). Data verification of the assay and analytical results are completed to ensure accurate and verifiable results. Blackrock personnel insert a blind prep blank, lab blank or a certified reference material approximately every 15th to 20th sample.

Qualified Persons

Blackrock's exploration activities at Tonopah West are conducted and supervised by Mr. William Howald, Executive Chairman of Blackrock. Mr. William Howald, AIPG Certified Professional Geologist #11041, is a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. He has reviewed and approved the contents of this news release.

About Blackrock Silver Corp.

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration and development company driven to add shareholder value. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

Additional information on Blackrock Silver Corp. can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR at www.sedarplus.ca.

Cautionary Note Regarding Forward-Looking Statements and Information

This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of Canadian and United States securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the Company's strategic plans; the timing of and successful completion of the Company's Expansion Program at Tonopah West and the anticipated objectives and results therefrom; timing and estimates of mineral resource quantities and qualities; timing of updated resource estimates; estimates of mineralization from drilling; geological information projected from sampling results; and the potential quantities and grades of the target zones.

These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption "Risks Factors" in the Company's most recent Annual Information Form.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For Further Information, Contact:

Andrew Pollard
President and Chief Executive Officer
(604) 817-6044
info@blackrocksilver.com

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Yukon Metals Announces 2025 AZ Exploration Plans and Inaugural Drill Campaign at Chair Mountain

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Louis Martin – Technical Advisor and Exploration Manager

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Jean Lafleur – Senior Advisor

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