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Yukon Metals uncovers targets at Star River

North of 60 Mining News - November 8, 2024

New surveys at Star River reveal strong EM targets with high gold, silver assays.

Yukon Metals Corp. Nov. 5 announced the identification of multiple strong electromagnetic geophysical targets at its Star River Project in Yukon, with several conductive zones aligning with high-grade gold and silver sampling sites.

This season, Yukon Metals' exploration at Star River concentrated on refining targets with mapping, sampling, and geophysics, which was carried out in partnership with Aurora Geosciences.

These efforts aimed to identify key targets and support the planning of future drill holes, setting the groundwork for a comprehensive assessment of Star River's mineralization potential.

In parallel, fieldwork yielded promising mineralization, with grab and rock chip samples collected across multiple zones, returning high silver and gold grades. Key areas of interest included historic sites like Lap 10, F2, F3, and Key 35 – initially explored in the 1950s and 1960s – where assays revealed significant silver values exceeding 1,500 grams per metric ton and gold values of up to 6.9 g/t.

These findings confirmed multiple mineralized zones across the property, expanding the company's knowledge of mineralization distribution at Star River.

Following these initial discoveries, Yukon Metals expanded its exploration program to refine its understanding of the mineralized zones. This included additional surface sampling, mapping, and geophysical surveys, such as time-domain electromagnetic (TDEM) and gravity surveys, aimed at identifying subsurface structures and enhancing target definition for future drilling efforts.

With results from its recently completed TDEM survey, Yukon Metals has identified four prominent conductive zones in the southern portion of the Star River property, where specific carbonate rock formations are known to host potential polymetallic mineralization.

Three of these zones align with historic showings and high-grade rock samples collected earlier in the season, enhancing the project's drill target potential.

The subsequent gravity survey focused on these newly outlined conductive zones – Saddle, F2, Canyon, and F3. Combined with insights from lidar and Digital Elevation Model (DEM) lineament analysis, this data has clarified the subsurface structure and potential mineralization pathways across the property.

Using denser sampling lines with 50-meter spacing over the most promising areas, Yukon Metals enhanced the accuracy of target locations within the conductive zones, supporting more detailed modeling of mineralized structures.

This multi-layered geophysical approach aims to refine drill targets within these key areas, advancing Yukon Metals' understanding of potential high-density, metal-rich zones at Star River.

Moving forward, Yukon Metals is working to integrate the geochemical, geophysical, and structural data into a comprehensive exploration model. This cohesive dataset is expected to sharpen drill targeting and guide an efficient drill strategy in future phases.

"We are excited to report multiple compelling targets with strong electromagnetic responses coincident with gold and silver sampling featuring up to 101 grams per tonne gold," said Yukon Metals President and CEO Rory Quinn. "These targets are not only strong anomalies, they are large anomalies, and will help focus our exploration efforts to maximize our chances of adding substantial value to the project through drilling."

 

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