YORK HARBOUR METALS

EXPANDING HISTORIC COPPER MINE

tSX.V: YORK

York Harbour Metals Inc. is an exploration and development company focused on the York Harbour Copper-Zinc-Silver Project, a past producing mine located approximately 27 km from Corner Brook, Newfoundland. The Company plans to continue drilling the 11 known mineralized zones and test other new massive sulphide targets, like the No 4 Brook showing, while focusing on gaining access to the 400-level and sea level adits. 

YORK HARBOUR METALS Recent news

Toronto, Ontario–(Newsfile Corp. – April 21, 2023) – York Harbour Metals Inc. (TSXV: YORK)  (FSE: 5DE0) (the “Company” or “York”) is pleased to report the final assay results from its Phase 4 drilling program (“Phase 4”) at the 100%-owned York Harbour Copper-Zinc Project (the “Project”) in western Newfoundland, Canada. These results further confirm the presence of high-grade copper-zinc mineralization, highlighting the potential for expanding mineral resources at the Project.

In addition to these final Phase 4 assay results, the Company will provide an update on its current Phase 5 diamond drilling campaign, targeting new areas of potential high-grade Volcanogenic Massive Sulphide (“VMS”) mineralization.

Figure 1: Plan View of York Harbour’s Phase 4 Completed Drill Holes and Mineralized Zones within the Main Mine Area

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3326/163422_490cc37e2414c804_002full.jpg

Phase 4 played a crucial role in expanding the Company’s understanding of the potential within the Main Mine area and other parts of the 4,725-hectare property, building on positive results from earlier exploration phases.

Key Highlights from the Final Outstanding Analytical Results:

  • Drill hole YH22-73 intersected 44.93 metres of 1.292% copper including 5.36 metres of 2.938% copper

  • Confirmed significant high-grade copper-zinc VMS mineralization: The final assay results from the remaining four diamond drill holes of the Phase 4 program further confirmed the presence of significant copper-zinc mineralization, supporting the potential for expanded mineral resources at the York Harbour Copper-Zinc Project.

  • Comprehensive understanding of project potential based on final drill assay results, combined with analytical findings from earlier exploration phases and most of the Phase 4 drilling program, provide an understanding of the Projects potential for expanding mineralization.

York’s President & CEO, Bruce Durham, commented, “We are pleased to report these final assay results from our Phase 4 drilling program. The continued confirmation of significant copper-zinc mineralization reinforces our belief in the potential of the York Harbour Copper-Zinc Project. As we move forward, we remain committed to unlocking further value and advancing our exploration efforts.”

Table 1: Drill Assay Results from Remaining Four Holes During Phase 4

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3326/163422_490cc37e2414c804_003full.jpg

Update on Phase 5 Drilling Program

The Phase 5 drilling campaign began on February 18th with the casing on drill hole YH23-111. Since then, the Company has completed five drill holes (YH23-111-115) tracing the A Zone mineralized structure north for approximately 120 m, and four drill holes (YH23-116-119) testing for possible gold-bearing VMS mineralization within the K zone. Following this drilling, the drill rig and equipment was readied for NQ-sized drilling of the Pinnacle Pond zone, and the drilling began on this zone with the collaring of drill hole YH23-120 on March 30th. To date, the Company has completed 2,170 m of NQ-size diamond drilling during the Phase 5 program.

Newfoundland’s Mining History and Northwestern Deposits
Newfoundland has a rich history of mining, which has made significant contributions to the provincial economy. The province is known for its diverse mineral resources, including base metals, precious metals, and industrial minerals. Western Newfoundland, in particular, has a history of successful mineral exploration and mining operations, with several significant base, precious and rare earth discoveries and mines.

The exploration potential of western Newfoundland is supported by its geology, hosting several mineral-rich geological belts. These belts are characterized by Precambrian and younger rocks and favorable structures, creating an ideal environment for the formation of critical element deposits. The presence of the Dunnage Zone, a well-known geological structure in the region, has been associated with VMS-style mineralization, making it an attractive target for exploration companies like ours.

The ongoing exploration success in western Newfoundland highlights the region’s potential for further discoveries and economic development. The provincial government has demonstrated support for the mining industry by offering incentives and promoting investment in mineral exploration.

With the York Harbour Copper-Zinc & its Bottom Brook Rare Earth Element Projects located in this resource-rich region, the Company is well-positioned to capitalize on the area’s geological potential. These projects are strategically located with access to essential infrastructure, such as roads, power, and ports, which will facilitate future project development and mining operations.

York’s President & CEO, Bruce Durham, further commented, “Newfoundland, particularly the western portion of the province, has showcased its potential for hosting significant deposits. Our two projects benefit from this geologically prospective setting, and we are dedicated to advancing our exploration efforts to unlock the full potential of our projects.”

Qualified Person

Doug Blanchflower, P. Geo., a Director of York Harbour, and Qualified Person in accordance with National Instrument 43-101, has reviewed and accepted the technical material contained in this news release.

About York Harbour Metals

York Harbour Metals Inc. (TSXV: YORK) (OTC Pink: YORKF) (FSE: 5DE0) is an exploration and development company focused on two high-grade projects in Newfoundland. The York Harbour Copper-Zinc-Silver Project is located approximately 27 km from Corner Brook in Newfoundland. The Company intends to continue drilling the 11 known mineralized zones and explore new massive sulphide targets.

Recently, the Company announced the acquisition of a high-grade Rare Earth Elements (“REE”) project also located in Newfoundland. The Bottom Brook Critical Metals Project, covering 15,150 hectares, is located next to the Trans Canada Highway and is just 27 km from the deep-water port at Turf Point. York Harbour intends to actively identify diamond drill targets through property-wide prospecting, focused soil sampling, and geological mapping. A substantial drill program is scheduled for this year.

For further details on York Harbour Metals, please reach out via email to info@yorkharbourmetals.com or call +1-778-302-2257. You may also visit the Company’s website at www.yorkharbourmetals.com for past news releases, media interviews and opinion-editorial pieces by management.

On Behalf of The Board of Directors,

“Signed”
Bruce Durham
CEO, President, and Director

Telephone: 778-302-2257 | Email: info@yorkharbourmetals.com
Website: www.yorkharbourmetals.com
1518 – 800 Pender Street W, Vancouver, BC, Canada V6C 2V6

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163422

Toronto, Ontario–(Newsfile Corp. – April 3, 2023) – York Harbour Metals Inc. (TSXV: YORK) (FSE: 5DE0) (the “Company” or “York”) is pleased to announce the start of drilling at the Pinnacle Target (“Pinnacle”) on its Copper-Zinc-Silver VMS project in Newfoundland and Labrador.

This is a significant milestone for the Company as it represents the first-ever drilling at the Pinnacle Target. The Pinnacle Target is one of the most prospective areas of the York Harbour project, with significant potential to host high-grade copper, zinc, and silver mineralization.

The Company’s local field team Planet X Exploration Services Ltd. & Forage Fusion Drilling Ltd. have completed the helicopter supported drill pad preparation; finalized drill rig mobilization and assembly over the initial Pinnacle Target. Drill testing is set to begin immediately.



Figure 1: Photo Image (courtesy of Planet X Exploration Services) of the Drill Pad Equipment Getting Loaded into the Helicopter to be Assembled at the Pinnacle Target, in Newfoundland

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3326/160998_39ced2d10447181e_002full.jpg



Figure 2: Photo Image (courtesy of Forage Fusion Drilling)) of the Drill Pad and Drill Rig Constructed and Assembled at the Pinnacle Target, in Newfoundland

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3326/160998_39ced2d10447181e_003full.jpg

The Pinnacle Target was historically identified as having a large anomaly, confirmed by geophysical surveys and geological mapping but has never been drill-tested. The potential of testing the outer areas of the inferred distribution of VMS mineralization with folded volcanic sequence adds to the excitement around this project.

We couldn’t be more excited to have reached this important milestone of our exploration program,” stated Bruce Durham, President & CEO of York Harbour Metals. “The start of drilling at the Pinnacle target marks a significant advancement in our mission to unlock the potential of the York Harbour project. This project has the potential to greatly expand the known high-grade VMS mineralization zones throughout the project, and we are eager to witness the results of our efforts.

Qualified Person

Doug Blanchflower, P. Geo., a Director of York Harbour, and Qualified Person in accordance with National Instrument 43-101, has reviewed and accepted the technical material contained in this news release.

About York Harbour Metals

York Harbour Metals Inc. (TSXV: YORK) (OTCPK: YORKF) (Frankfurt: 5DE0) is an exploration and development company focused on two high-grade projects in Newfoundland. The York Harbour Copper-Zinc-Silver Project is located approximately 27 km from Corner Brook in Newfoundland. The Company intends to continue drilling the 11 known mineralized zones and explore new massive sulphide targets.

Recently, the Company announced the acquisition of a high-grade Rare Earth Elements (“REE”) project also located in Newfoundland. The Bottom Brook Critical Metals Project, covering 15,150 hectares, is located next to the Trans Canada Highway and is just 27 km from the deep-water port at Turf Point. York Harbour intends to actively identify diamond drill targets through property-wide prospecting, focused soil sampling, and geological mapping. A substantial drill program is scheduled for this year.

For further details on York Harbour Metals, please reach out via email to info@yorkharbourmetals.com or call +1-778-302-2257. You may also visit the Company’s website at www.yorkharbourmetals.com for past news releases, media interviews and opinion-editorial pieces by management.

On Behalf of The Board of Directors,

“Signed”

Bruce Durham
CEO, President, and Director

Telephone: 778-302-2257 | Email: info@yorkharbourmetals.com
Website: www.yorkharbourmetals.com
1518 – 800 Pender Street W, Vancouver, BC, Canada V6C 2V6

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/160998

Toronto, Ontario–(Newsfile Corp. – March 21, 2023) – York Harbour Metals Inc. (TSXV: YORK) (FSE: 5DE0) (the “Company” or “York”) is pleased to announce that the Company has begun mobilization to initiate helicopter-supported diamond drilling at the Pinnacle Lake Volcanogenic Massive Sulphide (“VMS”) target on its York Harbour Copper-Zinc project in Newfoundland, Canada.

The Phase 5 Diamond Drilling campaign commenced at the A Zone North Target and then proceeded to the K Zone area. To date, nine drill holes, totalling 1,764 m, have been completed in the latest drilling campaign. The Pinnacle Lake and No. 4 Brook targets both lack historic drill-testing but possess significant upside potential to find new copper-zinc-silver mineralization that could substantially increase the footprint of high-grade VMS mineralization within the property.

Figure 1: York Harbour Metals map Plan of Phase 5 Diamond Drilling Targets

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3326/159226_d9260d05040d2a9c_002full.jpg

The Company has engaged a highly experienced drilling contractor and assembled a skilled technical team to oversee the drilling campaign. The use of helicopter-supported drilling will enable York Harbour Metals to access remote and difficult-to-reach areas, increasing the chances of discovering new mineralized zones. The Company’s decision to explore outside the main mine area showcases its commitment to identifying and assessing the full potential of the property.

In addition to the drilling campaign, York Harbour Metals has also invested in advanced geophysical and geochemical techniques to enhance the precision of its exploration activities. These innovative methods, combined with the expertise of the Company’s technical team, will help to guide future exploration and development work on the property. As York Harbour Metals continues to expand its exploration efforts, the Company remains dedicated to creating long-term value for its shareholders and stakeholders through the responsible development of Newfoundland’s mineral resources.

Reminder of Special Investor Presentation

The Company would like to share a reminder about its Special Investor Presentation taking place this Thursday, March 23rd, 2023, at 1:00pm Eastern Time (10:00am Pacific Time).

The Special Investor Presentation will showcase the Company’s accomplishments, current developments, and future plans for its 100%-owned York Harbour Copper-Zinc Project. Additionally, the presentation will provide a detailed overview of the newly acquired Rare Earth-focused Bottom Brook Property, located in close proximity within the province of Newfoundland.

Topics to be discussed during the presentation will include rare earths – not so much ‘rare’ as ‘Critical’, North America’s reliance on China, recent developments and incentives, forward projections of market perspectives and future requirements. A review of the history and potential of the Bottom Brook property will also be presented.

To register for the webinar, please follow this link: https://us06web.zoom.us/webinar/register/WN_xSKAM3VMR5262n1k-zLkDQ.

For any questions, please email our investor relations team at the address provided below prior to the webinar.

About the Company

York Harbour Metals Inc. (TSXV: YORK) (OTC Pink: YORKF) (FSE: 5DE0) is an exploration and development company focused on two high-grade projects in Newfoundland. The York Harbour Copper-Zinc-Silver Project is located approximately 27 km from Corner Brook in Newfoundland. The Company intends to continue drilling the 11 known mineralized zones and explore new massive sulphide targets.

Recently, the Company announced the acquisition of a high-grade Rare Earth Elements (“REE”) project also located in Newfoundland. The Bottom Brook Critical Metals Project, covering 13,025 hectares, is located next to the Trans Canada Highway and is just 27 km from the deep-water port at Turf Point. York Harbour intends to actively identify diamond drill targets through property-wide prospecting, focused soil sampling, and geological mapping. A substantial drill program is scheduled for this year.

For further details on York Harbour Metals, please reach out to info@yorkharbourmetals.com or call +1-778-302-2257. You may also visit the Company’s website at www.yorkharbourmetals.com for past news releases, media interviews and opinion-editorial pieces by management.

On Behalf of The Board of Directors,

Bruce Durham
CEO, President, and Director

Telephone: 778-302-2257 | Email: info@yorkharbourmetals.com
Website: www.yorkharbourmetals.com
1518 – 800 Pender Street W, Vancouver, BC, Canada V6C 2V6

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/159226

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