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Yukon Metals Announces Departure of Sue Craig from Board of Directors

MWN-AI** Summary

Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) announced the departure of Sue Craig from its Board of Directors, effective March 1, 2026. CEO Jim Coates expressed gratitude for Craig's contributions, highlighting her exploration expertise and commitment to community, which significantly influenced the company's progress. With Craig's exit, the Board now comprises four members, and the company will assess the need for additional directors in the future.

Yukon Metals is an exploration company with a robust portfolio encompassing 17 projects across over 43,000 hectares, leveraging more than 30 years of prospecting experience from the Berdahl family. The company is focused on advancing its high-priority drill targets, particularly at the Birch and AZ copper-gold systems and the Star River gold-silver project, alongside conducting generative exploration for future discoveries.

Positioned within one of the world’s last unexplored mineral belts, the Yukon offers significant potential for mineral discoveries, backed by a skilled local workforce and a strong heritage of exploration. Success stories like Snowline Gold Corp.’s Rogue Project reinforce this potential. Yukon Metals is committed to sustainable growth, fostering community prosperity while enhancing shareholder value. Their approach emphasizes inclusivity, allowing local members and investors alike to partake in the benefits of the company's achievements.

The announcement included a cautionary note about forward-looking information, acknowledging various risks and uncertainties that could affect the company's future performance. While management believes the assumptions underlying their forecasts are reasonable, actual results may vary, and the company does not guarantee consistency with the stated predictions. For inquiries, CEO Jim Coates can be contacted directly.

MWN-AI** Analysis

Yukon Metals Corp. (CSE: YMC) has recently announced the departure of Sue Craig from its Board of Directors, effective March 1, 2026. While her tenure is acknowledged for bringing exploration expertise and a commitment to community relations, this shift may represent a strategic moment for investors to reassess the company’s direction and mission in the emerging Yukon metals market.

Yukon Metals operates in a highly promising yet underexplored mineral belt, with a diverse portfolio of 17 projects spanning over 43,000 hectares. Notably, the company is advancing its drill targets at high-priority copper-gold systems and engaging in generative exploration—factors that enhance its potential for fresh discoveries. As it stands with a reduced board of four members, this could lead to increased operational agility but also raises questions about governance and strategic continuity.

Investors should watch for potential announcements regarding the addition of new directors, as the right leadership could significantly bolster investor confidence and corporate governance. They should also consider the risks highlighted in the company's forward-looking report, including project feasibility and market dynamics. The prospect of significant mineral discoveries in the Yukon remains compelling, especially in light of recent successes by other companies, such as Snowline Gold Corp.

In summary, while Sue Craig’s departure may introduce uncertainty, Yukon Metals’ strategic focus on exploration and community engagement remains a foundation for future growth. Given the ongoing developments in the Yukon's mineral sector, savvy investors might find this a pivotal time to either enter or adjust their positions in Yukon Metals as they prepare for potentially transformative exploration results. Continuous monitoring of the company's board composition and project updates will be crucial in this regard.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

VANCOUVER, British Columbia, March 06, 2026 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company) announces that Sue Craig has stepped down from the Company’s Board of Directors, effective March 1, 2026.  

“On behalf of the Board and management team, we would like to sincerely thank Sue for her dedication and contributions during her tenure on the Board,” commented CEO Jim Coates. “Sue’s combination of exploration experience and her deep sense of care for the community have played a defining role in guiding Yukon Metals to the current phase of our development cycle, and we wish her success.”

Following Sue Craig’s departure, the Yukon Metals Board now consists of four board members. The Company will evaluate adding additional directors at such time that it is determined to be appropriate.

About Yukon Metals Corp.

Yukon Metals is a well-financed exploration company with a 17-project portfolio covering more than 43,000 hectares. Built on over 30 years of Berdahl family prospecting, the same team behind Snowline Gold Corp.’s district-scale assets, Yukon Metals provides exposure to copper, gold, silver, and critical metals. While advancing high-priority drill targets at the Birch and AZ copper-gold systems and the Star River gold-silver project, the Company is also conducting generative exploration across its broader portfolio to develop the next pipeline of discovery opportunities. Guided by an experienced leadership team with technical, financial, and Yukon expertise, the Company is well positioned to unlock new mineral discoveries across the Yukon territory.

Yukon Metals is committed to fostering sustainable growth and prosperity within Yukon’s local communities, while also enhancing shareholder value. Rooted in a philosophy of inclusiveness and shared prosperity, the Company’s strategy offers both local community members and investors the opportunity to contribute to and benefit from its success.

The Yukon

The Yukon remains one of the world’s last underexplored mineral belts, offering exceptional discovery potential. The Yukon Territory is home to a highly skilled and conscientious local workforce, shaped by generations of exploration experience coupled with a deep respect for the land.

Recent major discoveries with local roots, such as Snowline Gold Corp.’s Rogue Project - Valley Discovery, highlight the Yukon’s potential to generate fresh district-scale mining opportunities.

ON BEHALF OF THE BOARD OF YUKON METALS CORP.

“Jim Coates”

Jim Coates, CEO & Director
Email: jimcoates@yukonmetals.com

For additional information please contact:

Jim Coates
CEO & Director
Yukon Metals Corp.
Email: jimcoates@yukonmetals.com
Phone: 1 (236) 466-9834

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains certain forward-looking information, including information about the Company’s strategic exploration programs, evaluation and addition of new directors to the Board, potential to be realized across the Company’s diversified portfolio of precious and critical metals projects, the 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 the Company’s ability to add new directors to the Board at the appropriate time; the ability to realize potential across the Company’s diversified portfolio of precious and critical metals projects; 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.


FAQ**

Based on the recent changes in the Board of Directors, how might Sue Craig’s departure impact Yukon Metals Corp Com YMMCF's strategic direction and decision-making regarding exploration programs?

Sue Craig's departure from Yukon Metals Corp’s Board could lead to a shift in strategic direction and decision-making for exploration programs, as new leadership may prioritize different goals or approaches that affect the company's exploration strategy and investment focus.

With Yukon Metals Corp Com YMMCF’s focus on diversifying its portfolio, what specific criteria will the Company use to evaluate potential new directors to position itself for future growth?

Yukon Metals Corp will evaluate potential new directors based on their expertise in diversification, industry experience, strategic vision for growth, financial acumen, and capacity to enhance the company's competitive edge in the evolving market landscape.

Considering the Yukon Territory's exploration potential, how does Yukon Metals Corp Com YMMCF plan to capitalize on the underexplored mineral belt to enhance shareholder value in the coming years?

Yukon Metals Corp (YMMCF) plans to capitalize on the Yukon Territory's underexplored mineral belt by advancing strategic exploration initiatives, leveraging innovative technologies, and forging partnerships to discover and develop high-value mineral resources that will enhance shareholder value.

What strategies is Yukon Metals Corp Com YMMCF implementing to ensure transparency and effectively communicate risks associated with its forward-looking information to stakeholders and investors?

Yukon Metals Corp (YMMCF) is implementing strategies such as regular disclosures, adherence to regulatory standards, and investor education initiatives to enhance transparency and communicate risks associated with its forward-looking information to stakeholders and investors.

**MWN-AI FAQ is based on asking OpenAI questions about Yukon Metals Corp Com (OTC: YMMCF).

Yukon Metals Corp Com

NASDAQ: YMMCF

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