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Silver North Signs Significant Drill and Geophysical Contracts for 2026 Silver Exploration at Haldane, YT

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Executive Summary

Silver North Resources has positioned itself for aggressive exploration growth with the execution of a comprehensive two-year drilling and geophysical program across its Yukon silver projects. The company secured a drilling contract with Boart Longyear that will provide two diamond drilling rigs for the entirety of the 2026 and 2027 field seasons, enabling 5,000-7,000 metres of drilling annually at the Haldane Silver Project. This represents a substantial commitment to systematic exploration of multiple high-priority targets.

The drilling program builds on exceptional recent results from the Main Fault target, where all nine holes have intersected significant silver-gold-lead-zinc mineralization. The standout intersection of 3.2 metres averaging 2,014 g/t silver within a broader 13.15 metre zone grading 818 g/t silver demonstrates the potential for a substantial silver discovery. The availability of two rigs will allow simultaneous testing of multiple targets including the underexplored Bighorn discovery and newly identified prospects from geophysical surveys.

Silver North has complemented its drilling strategy with comprehensive airborne geophysical programs across both the Haldane and Veronica projects. The SkyTEM312 survey at Haldane will cover 944 line-kilometres while the VTEM survey at Veronica will span 243 line-kilometres. These surveys are designed to map complex structural architecture and identify new drill targets, particularly important given recent high-grade discoveries at Veronica including float samples returning 2,860 g/t silver.

The strategic timing of these contracts reflects both Silver North's strong financial position and the company's systematic approach to resource development in the prolific Keno Hill silver district. With exploration adjacent to Hecla Mining's operations and multiple high-grade targets identified, the company is well-positioned to advance toward potential resource definition over the next two years. The comprehensive nature of this program, combining extensive drilling with advanced geophysical targeting, represents a significant commitment to unlocking the district's silver potential.
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