- CEO
- Jim Coates
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Vancouver Canada
- IPO Date
- Nov 29, 2022
- Business
- Yukon Metals Corp. is a Canadian mineral exploration and development company focused on the acquisition, exploration, and evaluation of precious and base metal resource properties. The company operates within the mining and metals industry, actively exploring prospective geological terranes to discover, delineate, and advance economic deposits of industrial and precious commodities. Its core business activities and project offerings include the exploration and development of copper-gold porphyry systems; gold and silver precious metal deposits; and polymetallic silver-lead-zinc-copper mineralized zones. Yukon Metals Corp. controls an extensive portfolio of mineral properties in the Yukon Territory and northern British Columbia, Canada, encompassing the Birch copper-gold-silver project; the AZ copper-gold property; the Star River silver-lead-zinc-gold target; the Barite Mountain polymetallic prospect; the Talbot project; the KLM copper-gold property; and the Sumo copper-gold project. The company engages in comprehensive mineral evaluation operations comprising high-resolution airborne geophysical surveys; geological and structural mapping; geochemical soil and rock sampling programs; surface trenching; and diamond core drilling campaigns to establish resource continuity and potential mineral estimates for downstream metals markets, joint-venture partners, and industrial smelters. In recent corporate developments, the company completed a corporate reorganization and name change from JKS Resources Inc. to Yukon Metals Corp., listing its common shares on the Canadian Securities Exchange under the ticker YMC, alongside listings on the OTCQB Venture Market under YMMCF and the Frankfurt Stock Exchange under E770. Operationally, the company expanded its regional footprint through the acquisition of a 100 percent interest in the 11,761-hectare KLM copper-gold property in northern British Columbia and secured an option agreement to acquire a 100 percent interest in the 1,875-hectare Sumo copper-gold property adjacent to its Birch project in southwestern Yukon. To fund aggressive multi-target exploration and diamond drilling programs across its expanded land package, Yukon Metals Corp. completed multiple private placement financings, including an C$11.2 million equity offering and a subsequent flow-through and common unit financing generating aggregate gross proceeds of approximately C$13 million. Founded in 2020, Yukon Metals Corp. is headquartered in Vancouver, British Columbia, Canada.