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Silver North Outlines Largest Exploration Program to Date at Haldane Following 2025 Success

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Executive Summary

Silver North Resources has outlined its most ambitious exploration program to date at the Haldane silver project in Yukon Territory, building on transformative 2025 results that included the property's best drill hole in history. The standout result came from hole HLD25-31, which intersected 818 g/t silver over 13.15 metres, including exceptional sub-intervals of 2,014 g/t silver over 3.2 metres and 1,112 g/t silver over 1.25 metres. This intersection, located approximately 90 metres downdip from previous discovery holes, demonstrates significant continuity and grade enhancement within the Main Fault structure.

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.
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