Silver North finds Ag mineralization at Veronica

Executive Summary

• Silver North Resources Ltd. announced the discovery of silver-bearing mineralization at the Betty Target on its Veronica Property in the GDR project, southern Yukon.
• This marks the first discovery of silver-bearing mineralization on the Veronica property, expanding a previously identified multielement soil geochemical anomaly to over 1 km by 1 km.
• Significant high-grade silver intercepts were identified in float cobbles and outcrop samples, supporting the potential for carbonate-replacement-deposit (CRD) style mineralization similar to the nearby Silvertip mine.

Key Details

• Discovery Location: Betty Target, Veronica Property, GDR Project, Southern Yukon.
• Float Cobble Results (Lodge Showing):
  • Sample K665269: 2,860 g/t Ag, 0.412 g/t Au, >1% Pb, 0.13% Cu, 0.18% Zn, 2,250 ppm Sb.
  • Sample K665270: 213 g/t Ag, >1% Pb, 367 ppm Sb.
• Outcrop Results (Cooper Showing):
  • Sample E812425: 33.17 g/t Ag, >1% Pb, 0.4% Zn, 26 ppm Sb.
  • Sample E82424: 17.15 g/t Ag, 0.71% Pb, 0.17% Zn, 22.3 ppm Sb.
• Geochemical Anomaly Expansion: The Betty anomaly was expanded from a 450m x 450m area to over 1 km x 1 km. It is defined as a coincident anomaly of Silver (1 ppm to 31.1 ppm), Lead (50 ppm to 8,850 ppm), and Zinc (200 ppm to 3,830 ppm).
• Anomaly Status: The anomaly remains open to the east and potentially to the south.
• Exploration Program Details:
  • Conducted over an eight-day period in 2025.
  • Activities included prospecting, geological mapping, soil geochemical sampling, and hand trenching.
  • Collected 453 soil samples and 26 rock samples.
  • Completed two hand trenches and eight hand-excavated pits.
  • Partially financed by a Yukon government grant (up to $30,000 refundable).
• Geological Context: Mapping indicates potential preservation of prospective stratigraphy known for hosting high-grade silver-lead-zinc mineralization at the Silvertip mine (12 km southwest).
• Laboratory Analysis:
  • Samples prepared at ALS Minerals (Whitehorse) and analyzed at ALS Laboratory (North Vancouver).
  • Methods: Four-acid digestion with ICP-MS finish (ME-MS61); Gold by fire assay with atomic absorption finish (Au-ICP21).
  • Overlimit analysis for silver completed via ME-OG62 and Ag-GRA21; lead overlimit analysis is ongoing.
• Qualified Person: Kelson Willms, PGeo, of Archer Cathro and Associates.

Notable Quotes

• "Our goal with the 2025 program at Veronica was to assess the property's potential to host carbonate-replacement-deposit-style mineralization... These analytical results, from silver-bearing galena in structurally controlled replacement-style mineralization are a strong positive indicator that Veronica may be another CRD target in this emerging district." — Jason Weber, PGeo, President and CEO.