How will the newly intersected skarn horizons influence Yukon Metals' future resource estimates and potential mine development timelines?
The intersection of multiple skarn horizons across the 1.4âkm Birch anomaly is a strong forwardâlooking catalyst for YukonâŻMetals. Skarn systems are typically highâgrade, structurally controlled hosts for CuâAu mineralisation, and the drill results that now confirm continuity of both the copperâbearing and goldâbearing horizons suggest that the current 2024 drill model â which was based on a single, discontinuous skarn â will be substantially upgraded. In a forthcoming NIâŻ43â101 resource update the company can reasonably expect a stepâup in both tonnage and grade, potentially moving the project from an earlyâstage inferred resource into a measuredâandâindicated block that meets the âlargeâscaleâ threshold (â„âŻ10âŻMt @âŻ0.5âŻ% Cu or â„âŻ5âŻMt @âŻ2âŻg/t Au). That upgrade would not only improve the Net Present Value (NPV) and internal rate of return (IRR) in a preâFEA, but also make the project more attractive for jointâventure partners or earlyâstage financing, thereby compressing the mineâdevelopment schedule from a 4â5âyear horizon to a 3âyear path assuming permitting proceeds on schedule.
From a market perspective the news has already lifted sentiment (the release scored 65 on the GlobeNewswire sentiment index) and the stock has been testing the $0.35â$0.38 resistance zone on higher volume. Technicals remain bullish: the 20âday EMA is above the 50âday EMA and the MACD is turning positive, while the RSI sits near 58, leaving room for upside without being overbought. A prudent longâposition could be entered on a pullâback to the 20âday EMA (~$0.32) with a stop just below the recent low ($0.28). The upside target aligns with the next resistance at $0.45, a level that historically coincides with the market pricing in a formal resource upgrade. Conversely, if drilling fails to confirm continuity or if permitting stalls, the stock could retest the $0.25 support. Overall, the skarn intersections materially improve the resource outlook and could accelerate the path to a definitive feasibility study, making YMC a nearâterm upside play for riskâtolerant traders.