Silver North completes exploration at Veronica

Executive Summary

• Silver North Resources completed its 2025 field exploration program at the Veronica property, part of the GDR project in southern Yukon.
• The eight‑day program, partially financed by a $30,000 Yukon Mineral Exploration Program grant, collected 453 soil samples, 26 rock samples, dug two hand trenches and eight pits, and identified galena mineralization within a known multielement anomaly.
• Analytical results are expected in October, providing the first geochemical data set for this property and indicating potential carbonate replacement deposit (CRD) style silver‑lead‑zinc mineralization.

Key Details

• Program Scope: 8 days of prospecting, mapping, soil geochemical sampling, hand trenching, and pit excavation.
• Samples Collected: 453 soil samples; 26 rock samples; 2 hand trenches; 8 hand‑excavated pits.
• Financing: Up to $30,000 grant from the Yukon Mineral Exploration Program (YMEP) covering qualifying exploration expenditures.
• Location: Veronica property adjacent to the Tim property (optioned to Coeur Mining), in the Silvertip area ~16 km southwest of the Silvertip mine.
• Geochemical Anomaly (2016): 450 m × 450 m area with Ag 0.3–31.1 ppm, Pb 60–3,100 ppm, Zn 50–612 ppm; open to the east.
• Field Findings: Galena‑bearing cobbles in float and galena mineralization in outcrop near the anomaly; stratigraphic position appears prospective for CRD style deposits.
• Next Steps: Laboratory analytical results from rock and soil samples slated for release in October 2026.
• Company Context: Primary assets include 100 % owned Haldane silver project, Tim Silver project (optioned to Coeur Mining), and the GDR project; listed TSX‑V: SNAG, OTCQB: TARSF, Frankfurt: I90.

Notable Quotes

“The 2025 program at Veronica… is an important first step in assessing the property's potential to host carbonate replacement deposit (CRD) style mineralization,” – Jason Weber, President & CEO, Silver North Resources Ltd.
“We are very happy with the preliminary findings of galena mineralization… If this bears out, we have a very positive indicator that Veronica may be another CRD target in this emerging district.” – Jason Weber