Silver North drills six holes at Haldane property

Executive Summary

• Silver North Resources Ltd. provided an update on its 2025 exploration program at the Haldane silver property in the Yukon, specifically targeting the Main fault discovery.
• Six holes totaling 1,300 metres have been completed at the Main fault target to date, with five sampled and one currently in progress.
• The program aims to delineate down-dip and strike potential of the 2024 discovery, which previously intersected significant high-grade silver mineralization.

Key Details

• Drilling Progress: Six holes (1,300 metres total) completed at the Main fault target; five holes sampled and sent for analysis, one hole in progress.
• Program Objective: Expand upon the 2024 Main fault discovery by testing strike extensions to the northeast and southwest, as well as down-dip continuity.
• 2024 Discovery Context: The Main fault discovery previously returned 28.36 metres (true width) of 130 g/t silver, 0.09 g/t gold, 0.55% lead, and 0.52% zinc.
• Recent High-Grade Intersections (2024):
  • Hole HLD24-29/-30: 1.83 metres (true width) of 1,088 g/t silver, 3.90 g/t gold, 1.89% lead, and 0.63% zinc.
  • Wider zone in same area: 5.8 metres (true width) of 365 g/t silver, 0.23 g/t gold, 1.80% lead, and 1.37% zinc.
• Current Drilling Strategy:
  • Hole HLD25-31: Tested continuity approximately 80 metres further down dip of the 2024 intersections.
  • Remaining holes: Testing mineralization on sections approximately 50 and 100 metres southwest and 50 metres northeast of the discovery section to test strike and depth continuity.
• Contractors: Paycore Diamond Drilling (drilling contractor); Hardline Exploration Services Ltd. (staffing, technical, and camp support).
• Timeline: The program is expected to be completed in early November, with initial analytical results expected at that time.
• Property Details: Haldane property is 8,579 hectares, road-accessible, located 25 km west of Keno City, Yukon, adjacent to Hecla Mining's Keno Hill mine.

Notable Quotes

• "As we outlined before the start of the program at Haldane, the focus of the 2025 program is to expand upon the discovery made at the Main fault last year... We have successfully tested the strike extension on sections to the northeast as well as to the southwest. We have yet to receive analytical results from the initial holes but expect to have the first set of results in early November." — Jason Weber, PGeo, President and CEO