12:53 PM EDT, 10/15/2025 (MT Newswires) -- Yukon Metals ( YMMCF ) shares were up 5% at last look after the company on Wednesday said exploration drilling at its Birch Copper-Gold Project in the Yukon shared some high-grade mineralization.

The company said best results from the first hole in its six-hole, 1,685-meter, exploration program assayed at 21.2 meters containing 0.41% copper equivalent, including 3.2% copper equivalent over 0.55 meters and 3.5% copper equivalent over 1.0 meters

"Our team is very encouraged by results from the first of six drill holes at Birch. We are seeing clear evidence of a copper-gold skarn system, with high-grade zones and strong alteration along intrusive contacts. Early signs of a porphyry-style source are compelling, and we are particularly eager to see what emerges from Holes 3 and 4, spaced 750 meters apart within the 1400-meter-long skarn trend, with Hole 4 located within a surface high-grade gold anomaly," said chief executive Rory Quinn.

Shares of Yukon Metals ( YMMCF ) were last seen up $0.03 to $0.63 on the Canadian Securities Exchange.

Price: 0.61, Change: +0.01, Percent Change: +1.67