Northwire Canada EditionThursday, October 29, 2026
Northwire
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Gold 4,042.80 −0.2% Silver 52.35 −2.5% Copper 6.56 −1.6% Oil 99.88 −2.8% Palladium 994.50 −1.9% FVL 0.840 −1.2% AYA 33.55 −5.0% SNAG 0.215 +0.0% GLDC 0.295 −4.8% SCZ 9.95 −5.3% VCT 0.030 +0.0% SAGA 0.310 +1.6% ICM 0.055 +0.0% CD 0.230 −6.1% RRRL 0.150 +0.0% TIGR 0.570 −6.6% FEO 0.600 +0.0% MINK 0.075 +0.0% ARTG 36.69 −3.5% HART 0.165 +3.1% GHRT 0.600 +1.7% Gold 4,042.80 −0.2% Silver 52.35 −2.5% Copper 6.56 −1.6% Oil 99.88 −2.8% Palladium 994.50 −1.9% FVL 0.840 −1.2% AYA 33.55 −5.0% SNAG 0.215 +0.0% GLDC 0.295 −4.8% SCZ 9.95 −5.3% VCT 0.030 +0.0% SAGA 0.310 +1.6% ICM 0.055 +0.0% CD 0.230 −6.1% RRRL 0.150 +0.0% TIGR 0.570 −6.6% FEO 0.600 +0.0% MINK 0.075 +0.0% ARTG 36.69 −3.5% HART 0.165 +3.1% GHRT 0.600 +1.7%
Drill Results Routine +

Assays Pending in Northern B.C., High-Grade Results in the Yukon: A Look at Silver's Fall Exploration Season

Silver North completes high-grade Haldane drill results while its stock lingers near 52-week lows.

Executive Summary

Silver North Resources Ltd. (SNAG) released a market commentary on October 29, 2026, summarizing the completion of its 2026 exploration program and highlighting high-grade step-out drilling results from the Haldane Silver Property. The company completed its largest-ever drill campaign at Haldane, totaling 6,169 metres across 24 holes.

Initial assay results from the first three holes (HLD26-39, 40, 41) report significant intersections. Most notably, HLD26-41 intersected 12.16m averaging 727 g/t silver, 0.31 g/t gold, 3.20% lead, and 2.05% zinc, including a high-grade sub-interval of 4.41m averaging 1,669 g/t silver. A new blind vein target was also identified approximately 120m up-hole of the Main Fault, returning 0.80m at 1,985 g/t silver.

The company remains fully financed for its 2026 and 2027 drilling campaigns.

Material Impact

Silver North Resources Ltd. (SNAG) reported drill intersections that continue to validate the geological model of the Main Fault structure as a high-grade silver-lead-zinc system adjacent to Hecla Mining's Keno Hill operation. These results align with the company's stated exploration strategy to expand the Main Fault along strike and downdip, following the record-breaking HLD25-31 intercept in late 2025. The discovery of a new blind vein target adds to the project's exploration upside, though it remains early-stage and untested by additional drilling.

The news serves as a direct follow-up to the completion announcement on 2026-10-07 and the initial results release on 2026-10-14, confirming the program's successful execution and high-grade continuity without introducing unexpected catalysts or revised financial guidance. The market's reaction, with the stock trading near 52-week lows, suggests the exploration progress is viewed as expected operational execution rather than a transformative event.

SNAG · Price
Company Overview

Silver North Resources Ltd. is an exploration-stage silver company focused on the Haldane Silver Property in the Yukon's Keno Hill Silver District. The flagship Haldane project covers 8,579 hectares and is located 25 km west of Keno City, directly adjacent to Hecla Mining's producing Keno Hill mine. The primary target is the Main Fault structure, which hosts high-grade silver-lead-zinc-silver mineralization in carbonate replacement deposit (CRD) style systems. Secondary assets include the Veronica and Tim properties in the Silvertip district, targeting similar CRD-style mineralization.

Read the original news release →

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