Airborne Geophysical Survey Underway at Silver North's Veronica Silver Project, YT

Silver North announced the start of an airborne magnetics and VTEM electromagnetic survey over its Veronica Silver Project in Yukon. The survey, flown by Geotech Ltd., covers 253 line-km and aims to map stratigraphy, structure, and potential conductive or low-resistivity Carbonate Replacement Deposit (CRD) targets. Data will be integrated with the adjacent Tim Property dataset.

The market already knew this survey was coming. The company signed the contract with Geotech on March 9, 2026 and reiterated the Veronica survey plan in several earlier releases. Commencing the survey is an operational step‑forward, but it does not convey any new assay, drill, or discovery information. There are no unexpected elements – the work is proceeding exactly as previously described.

The stock has been drifting lower since late January, largely ignoring the ongoing Haldane geophysics and earlier operational updates. This Veronica survey start is unlikely to alter the company’s fundamental exploration thesis nor its near‑term stock trajectory. Hence, the news has a routine, neutral impact on the investment case.

Silver North Resources Ltd. (TSXV:SNAG, OTCQB:TARSF, FSE:I90) is a Canadian junior explorer focused on silver‑lead‑zinc projects in the Yukon’s Keno Hill and Silvertip‑Midway districts. - Flagship Haldane Silver Project (100% owned, 8,579 ha, road‑accessible, 25 km west of Keno City, adjacent to Hecla’s Keno Hill Mine). The Main Fault target has yielded exceptional high‑grade intercepts in 2024‑2025, including 13.15 m @ 818 g/t Ag, 1.39 g/t Au with sub‑intervals up to 2,014 g/t Ag. Mineralization is typical Keno‑Hill style (siderite‑quartz veins with galena, sphalerite). The fault system has >100 m strike and ~150 m downdip continuity. - Veronica Project (GDR) – part of the Silvertip‑Midway district. A 2025 surface exploration discovered high‑grade float cobbles up to 2,860 g/t Ag and 76.8% Pb at the Betty target, within a 1 km × 1 km soil anomaly. CRD‑style mineralization is the primary target. - Tim Silver Property – adjacent to Veronica, previously optioned to Coeur Mining (Coeur terminated its option in May 2026). Silver North now holds 100% and can integrate it with Veronica for a district‑scale approach.