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Drilling Continues at Silver North’s Flagship Haldane Silver Property, Yukon

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Drilling Continues at Silver North’s Flagship Haldane Silver Property, Yukon

Executive Summary

Silver North Resources Ltd. is advancing exploration at its flagship Haldane Silver Property in Yukon through an ongoing drilling program focused on the Main Fault target. The company has completed six holes to date as part of a systematic effort to delineate the down-dip and strike potential of a significant 2024 discovery.

The Main Fault discovery represents a substantial breakthrough for the project, having intersected three stacked high-grade silver-bearing veins within a structural zone. The standout result from this discovery returned 28.36 metres of true width grading 130 grams per tonne silver, accompanied by 0.09 g/t gold, 0.55% lead, indicating a polymetallic system with strong silver mineralization as the primary value driver.

This drilling program is strategically important as it seeks to expand upon what appears to be a robust structural control for mineralization. The presence of multiple stacked veins within the Main Fault zone suggests the potential for a significant silver resource, particularly given the high-grade nature of the intersections and the true width measurements that indicate substantial mineralized thickness.

For the broader silver sector, this development adds to the growing inventory of high-grade silver discoveries in Canada's northern territories. The systematic approach to delineating both down-dip and strike extensions demonstrates disciplined exploration methodology that could lead to resource definition and eventual development scenarios for this Yukon-based silver project.
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