Silver North Outlines Largest Exploration Program to Date at Haldane Following 2025 Success
Executive Summary
The 2025 exploration campaign successfully achieved its primary objective of expanding the Main Fault zone mineralization, extending it to over 100 metres along strike and 150 metres downdip through an eight-hole, 1,759.5-metre drilling program. Seven of eight holes intersected silver-bearing galena and sphalerite mineralization, confirming the robust nature of the mineralized system. The company also advanced its secondary Veronica property, making the first-ever silver discoveries there with float samples returning up to 2,860 g/t silver and expanding a geochemical anomaly to over 1 square kilometre.
Silver North has positioned itself strongly for accelerated development with $13.85 million in recent financings, including a $2.25 million flow-through financing in December 2025 and an $11.6 million financing in February 2026. This funding provides a two-year exploration runway and reflects strong market confidence, supported by silver's performance from under $29/oz to over $70/oz during 2025. The company's share price responded accordingly, rising from a January 2025 low of $0.065 to close the year at $0.39.
The planned 2026 program represents the largest in company history and will commence in March with an airborne geophysical survey, followed by expanded drilling to test the Main Fault system both along strike and downdip. Additional targets will also be evaluated, suggesting potential for multiple discovery zones. With proven high-grade mineralization, expanding geological understanding, and strong financial backing, Silver North appears well-positioned to advance Haldane toward resource definition while exploring parallel opportunities across its broader portfolio.
AI-Generated Summary. This was written by a robot, not a human. It may contain errors, hallucinations, or confident-sounding nonsense. Always verify facts against the original source before making any decisions.
Full Press Release
Read the full
release here.
We've given you the AI-distilled summary above. For the full announcement, source data, and direct quotes, go straight to the publisher.
Aggregated Content
This article was imported from an RSS feed. Content and accuracy are the responsibility of the original publisher.
Related Stories
Ares Strategic Mining Announces Board Evolution to Support Nasdaq Transition and Next Phase of Corporate Growth
8 hours ago
RIO2 REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS AND OPERATIONS UPDATE
2 days ago
DynaResource Reports Q1 2026 Results at the San Jose de Gracia Mine
2 days ago
South Star Announces Upsize and Closing of First Tranche of Non-Brokered Private Placement of Shares
2 days ago
HOMERUN RESOURCES INC. AGM AND STOCK OPTIONS
2 days ago