Teako Minerals Corp. announced that the inaugural drill program has been completed at the Yellow Moose Gold Project. A total of five, HQ diameter diamond drill holes were completed for a total of 772 meters drilled.

The 100% owned Yellow Moose project is within the Nechako Plateau region of north-central British Columbia, 150 km southwest of the city of Prince George and 75 km southwest of the town of Vanderhoof. Drill Program Summary: The drill program comprised five drill holes totalling 772 metres and tested the Stubb Bay occurrence. The target exploration model at the Property is a low-sulphidation epithermal gold system.

Stubb Bay is defined by historical work in 1994 that included a trench (two metres of 2.87 grams per tonne of gold) and one shallow drill hole (6.1 metres of 0.50 gram per tonne of gold). Additionally, stockwork quartz veined outcrops are found spread along the shoreline of the adjacent Knewstubb Lake reservoir. This historical work is compiled from publicly available reports and, although unverified, is considered valid for exploration purposes.

Inland, an abundance of quartz-breccia and silicified boulders are present that display similarities to those seen on the shoreline. Recent work in 2020 and 2021 revisited the area and further outlined the target with a program of Ah soil sampling. Due to evacuation orders triggered by the nearby active wildfires, crews and core were removed from the property and core sampling was prioritised to the most promising intervals.

Due to fire evacuation requirements the Company did not reach the targeted depth of drill hole YM23-05, which was terminated within prospective zones of silicification, clay alteration and pyrite mineralization. All other drill holes achieved their desired depths. Samples were collected from the majority of the holes drilled including the entirety of holes YM23-02 and YM23-05 and the majority of holes YM23-01 and YM23-05.

Hole YM 23- 03 was not sampled at this time. The Company intends to complete the sampling in the future. All holes except for YM23-03 are plotted in cross-section with sampled intervals noted.

Hole YM 23-03 intersected mostly weakly altered to fresh andesite volcanics. Discussion: This initial drill program was designed to test the subsurface projection of the Stubb Bay occurrence that comprised scattered outcrop and float material along the shores of Knewstubb Lake reservoir. The program was flexible, with hole depths and step-outs adjusted as drilling progressed to maximise the area evaluated.

The drilling successfully encountered epithermal-style alteration similar to the surface exposures. An unanticipated intrusive unit was encountered, which may play a role in the mineralizing system observed. The size and form of this intrusive unit remain unknown; however, it was also subjected to extensive silicification, alteration and sulfide mineralization events.

Stubb Bay is one of several epithermal-gold targets identified on the large Yellow Moose property that outlines an 18-kilometre-long trend.