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Yukon Metals ready to hit the ground running

Yukon Metals' projects overview

Yukon Metals' projects overview

4th June 2024

By: Creamer Media Reporter

     

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Exploration newcomer Yukon Metals is ready to hit the ground running, president and CEO Rory Quinn said on Monday, announcing the completion of the acquisition of a portfolio of assets from the Berdahl family’s prospecting company.

The property portfolio was built over 30 years of prospecting by the Berdahl family – the exploration team behind Snowline Gold’s portfolio of primary gold assets in Yukon.

Yukon Metals’ newly acquired portfolio consists of copper/gold and silver/lead/zinc assets, with a substantial gold and silver component.

“Completing the acquisition of these high-quality exploration assets in the Yukon marks an exciting beginning for Yukon Metals,” said Quinn.

“We have tremendously exciting properties that we’ll work to responsibly and systematically advance.

“Given my substantial experience in the precious metals royalty and streaming space, I am very much familiar with the significant value creation potential of byproduct gold and silver as part of copper/gold and silver/lead/zinc projects,” said Quinn, who has more than 20 years of capital markets experience. He was the former CEO of E79 Resources and prior to this, he was director of investor relations at Wheaton Precious Metals.

Concurrently with the closing of the acquisition on May 30, Yukon Metals’ board was reconstituted to consist of Quinn, Patrick Burke, Darryl Clark, Jim Coates and Daniel Vickerman.

Burke, currently a special adviser for Capital Markets at Canaccord Genuity, is chairperson of Yukon Metals.

Quinn said Yukon Metals would announce more appointments in the coming days and weeks.

“With a healthy treasury after raising in excess of C$15-million, a comprehensive exploration database and key permits already in place, we are ready to hit the ground running,” he said.

Yukon owns the AZ, Barite Mountain, Birch, Carter Gulch, Clea, Eva, Expo, Faro North, Fox, Gem, Ketza, Nut, Pete, Risby and Talbot claims and the Venus claims and crown grants located in the Yukon, covering a land package of 18 000 ha. The properties are a suite of base- and precious-metals-focused projects in the Yukon ranging from promising new discoveries to drill-ready targets.

Edited by Creamer Media Reporter

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