Blue Jay Gold Forges Path with Yukon Asset and 2026 TSXV Listing

VANCOUVER, British Columbia – January 19, 2026 – By Sharon Kelly

A new player has emerged in Canada’s competitive gold exploration scene, armed with a prized Yukon asset, a healthy treasury, and a clear strategy for growth. Blue Jay Gold Corp., established in May 2025 following a spin-out from Riverside Resources Inc., is moving swiftly to make its mark, capping a foundational year with plans for a public listing on the TSX Venture Exchange (TSXV) in the first quarter of 2026.

In a flurry of activity last year, the fledgling company successfully completed two financing rounds securing approximately $5 million, acquired a cornerstone project in a past-producing Yukon gold district, and continued to advance a portfolio of assets in Ontario. Now, as it prepares for its debut on the public markets, Blue Jay is positioning itself as a disciplined and well-funded explorer ready to unlock value across Canada’s premier mining jurisdictions.

Reviving a Yukon Cornerstone: The Steller Gold Project

The centerpiece of Blue Jay’s strategy is the Steller Gold Project, acquired in September 2025 and located just 55 kilometers south of Whitehorse, Yukon. Formerly known as the Skukum Gold Project, the 170-square-kilometer property is no stranger to mining. The on-site Mt. Skukum Mine produced nearly 80,000 ounces of gold at a high average grade of 13 g/t between 1986 and 1988. This history provides Blue Jay with a significant operational advantage, including existing infrastructure such as a camp, workshops, and crucial access roads.

More importantly, the project holds substantial untapped potential. A 2022 technical report outlined a high-grade resource of 418,000 ounces of gold equivalent in the Indicated category and 517,000 ounces in the Inferred category. Geologists believe the epithermal gold systems are “wide open” for expansion at depth and along strike. Historical drill results, including intercepts like 10.5 meters of 8.1 g/t gold and bonanza grades near the surface, underscore the district’s prospectivity.

Blue Jay Gold intends to apply a modern, systems-based exploration approach to the project. “We believe adoption of new methods and integrated exploration could lead to a transformative understanding of the scale and continuity across the project area,” the company stated in its recent corporate update. The initial focus for 2026 will be on reviewing near-mine targets and preparing for drilling, starting with the promising Skukum Creek structure corridor. This methodical approach in a region known for mining innovation aligns with a broader trend in the Yukon, where advanced technologies are increasingly being used to de-risk projects and improve discovery rates.

A Blueprint for Growth: Capital, Governance, and Markets

For any junior explorer, a compelling project is only one part of the equation; capital and strategy are critical. Blue Jay’s management appears to have built a solid foundation. The company’s two private placements in 2025, which raised nearly $5 million, not only funded the Steller acquisition but also left it well-financed for its 2026 work programs and corporate costs.

This financial runway is crucial as the company navigates the path to a public listing. The planned TSXV listing, targeted for later this quarter, is a key strategic priority. It promises to provide shareholders with liquidity and give the company access to a broader pool of capital for future exploration and development. In preparation, Blue Jay intends to file a prospectus and a National Instrument 43-101 technical report this month, signaling a commitment to transparency and regulatory compliance.

“Delivering on 2026 work programs, maintaining financial discipline and communicating transparently with stakeholders will be critical to building trust and creating long term value per share,” the company noted. This message of disciplined growth is a core part of its investor pitch, aiming to differentiate it within the often-volatile junior mining sector.

Experienced Leadership at the Helm

Executing this ambitious strategy requires a management team with a blend of technical and financial acumen. Blue Jay is led by CEO Dr. Geordie Mark, who brings over two decades of experience as both an exploration geologist and a top-rated mining equity analyst at firms like Haywood Securities. This dual perspective is invaluable for translating geological potential into shareholder value. He is joined by Freeman Smith, an experienced exploration geologist with 18 years of experience in the Americas, and CFO Robert Scott, a chartered accountant with a long track record of raising capital for public resource companies.

This leadership team’s deep experience in capital markets and evidence-based exploration is designed to navigate the challenges of the junior mining sector, from the drill bit to the trading floor. Their combined track record suggests an ability to systematically advance projects while maintaining the fiscal prudence necessary for long-term success.

A Diversified Canadian Focus

While the Steller Project is the undisputed flagship, Blue Jay has not put all its eggs in one basket. The company also holds a portfolio of gold projects in the established Beardmore-Geraldton and Wawa greenstone belts of Ontario. These assets, acquired through the spin-out from Riverside Resources, provide a pipeline of discovery opportunities in another of Canada’s most prolific and stable mining jurisdictions.

This two-pronged approach—a high-potential, advanced-stage project in the Yukon complemented by earlier-stage exploration assets in Ontario—offers strategic diversification. It allows the company to pursue a major discovery at Steller while simultaneously developing a pipeline of future projects. With both Yukon and Ontario seeing robust investment and a supportive environment for resource development, Blue Jay has positioned itself in regions with proven potential and a clear path forward for mining ventures. As the company moves toward its public listing, the market will be watching closely to see how this carefully constructed strategy unfolds in the field.