Original News Release
Silver North drills six holes at Haldane property
Mr. Jason Weber reports
DRILLING CONTINUES AT SILVER NORTH'S FLAGSHIP HALDANE SILVER PROPERTY, YUKON
Silver North Resources Ltd. has provided an update on the continuing 2025 exploration program at the company's flagship Haldane silver property in the historic Keno Hill silver district, Yukon. To date, six holes (totalling 1,300 metres) have been completed at the Main fault target. Of these, five holes have been sampled and sent for analysis, with one in progress. The road-accessible 8,579-hectare Haldane property is located 25 kilometres west of Keno City, Yukon, adjacent to Hecla Mining's producing Keno Hill silver mine property, and hosts numerous occurrences of silver-lead-zinc-bearing quartz siderite veins as seen elsewhere in the district.
Six holes completed to date at the Main fault target;
Program goal is to delineate down-dip and strike potential of the 2024 Main fault discovery where three stacked high-grade silver bearing veins were intersected within a structural zone that returned 28.36 metres (true width) of 130 grams per tonne silver, 0.09 g/t gold, 0.55 per cent lead and 0.52 per cent zinc.
"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," stated Jason Weber, PGeo, president and chief executive officer of Silver North. "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."
The 2025 diamond drilling program is targeting expansion of Keno-style silver lead-zinc mineralization at the newly identified Main fault target, a wide zone with at least three high-grade silver veins identified to date. Holes HLD24-29 and -30 intersected high-grade mineralization such as 1.83 metres (true width) of 1,088 grams per tonne silver, 3.90 g/t gold, 1.89 per cent lead and 0.63 per cent zinc as well as wider zones of silver mineralization including 5.8 m (true width) 365 g/t silver, 0.23 g/t gold, 1.80 per cent lead and 1.37 per cent zinc (refer to Silver North's news release dated Nov. 14, 2024). The first hole of the program (HLD25-31) tested the continuity of mineralization approximately 80 m further down dip of the 2024 intersections. The remaining holes are testing mineralization on sections approximately 50 and 100 metres southwest and 50 metres northeast of the discovery section to test the strike and depth continuity of mineralization.
Silver North has engaged Paycore Diamond Drilling as the drill contractor for the program and Hardline Exploration Services Ltd. to provide staffing, technical and camp support. The program is expected to be completed in early November.
About Silver North Resources Ltd.
Silver North's primary assets are its 100-per-cent-owned Haldane silver project (next to Hecla Mining's Keno Hill mine project), the Tim silver project (under option to Coeur Mining Inc. in the Silvertip/Midway district, British Columbia and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
The company is listed on the TSX Venture Exchange under the symbol SNAG, trades on the OTCQB market in the United States under the symbol TARSF and under the symbol I90 on the Frankfurt Stock Exchange.
Jason Weber, PGeo, president and chief executive officer of Silver North Resources, is a qualified person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release and approved the news release.
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