Silver North Extends Main Fault Silver Mineralization an Additional 50 metres Along Strike at the Haldane Silver Property, Keno District, Yukon
Silver North Hits More Silver at Haldane, But Fails to Match Prior High-Grade Bonanza
The most recent news, dated December 10, 2025, provides assay results for two additional diamond drill holes from the 2025 exploration program at the company's flagship Haldane Silver Property in the Yukon. The results successfully extended silver mineralization at the Main Fault target by an additional 50 metres along strike.
Key intercepts include: - HLD25-35: 231 g/t silver (Ag), 0.24 g/t gold (Au), 0.54% lead (Pb) and 0.39% zinc (Zn) over 14.40 metres. - HLD25-34: 146 g/t Ag, 0.15 g/t Au, 2.34% Pb and 1.24% Zn over 13.60 metres.
With these results, the company has now defined mineralization at the Main Fault over a 100-metre strike length and 150 metres downdip. Assays for the final two holes of the eight-hole program are still pending.
The news is a positive confirmation of the exploration thesis at Haldane, but it is routine in nature and does not constitute a game-changing event. The primary goal of the 2025 drill program, as stated in releases from July and August, was to test the strike and depth continuity of the 2024 Main Fault discovery. These results achieve that goal by extending the strike length. The grades and widths are economically interesting and continue to build a picture of a significant mineralized system.
However, a critical assessment requires placing this news in the context of the prior release on November 17, 2025. That release featured a spectacular intercept of 818 g/t Ag and 1.39 g/t Au over 13.15 metres in hole HLD25-31, which the CEO called "the best hole drilled on the property to date." Following that news, the stock saw significant appreciation and investor expectations were likely elevated.
The current results, with a peak grade of 231 g/t Ag, are strong but represent a considerable step down from the 818 g/t intercept. While demonstrating continuity is crucial for de-risking the project, the market may view the lower grades with some disappointment. The news validates the exploration model but lacks the "wow factor" of the previous announcement. Therefore, it is unlikely to be a major catalyst for a significant move higher and may lead to some profit-taking. It solidifies the progress made but does not materially alter the investment case beyond what was already established in November.
Silver North Resources Ltd. is a junior mineral exploration company focused on silver projects in the Yukon, Canada. Its flagship asset is the Haldane Silver Property, located in the historic and prolific Keno Hill Silver District, which is adjacent to Hecla Mining's Keno Hill operations. The exploration focus at Haldane is on high-grade, Keno-style silver-lead-zinc veins. The primary target is the "Main Fault," where a significant discovery was made in 2024 and is being expanded upon by the current 2025 drill program.
The company also holds other projects, including the Tim Project (optioned to major producer Coeur Mining) and the earlier-stage GDR/Veronica project, both targeting large-scale Carbonate Replacement Deposit (CRD) style silver-lead-zinc mineralization.