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Highlights
Silver North Resources (TSX-V:SNAG) begins a new exploration program at the Haldane Silver Property in Yukon.
The program will advance work at the Main Zone with additional diamond drilling across multiple sites.
Funding has been secured through a private placement to support exploration across key silver projects.
Silver North Resources (TSX-V:SNAG) has commenced its latest exploration program at the Haldane Silver Property located in the Keno Hill Silver District of Yukon. The property lies near the producing operations of Hecla Mining Company (NYSE:HL) and continues to be a key focus for the company’s exploration plans. The program has been structured to extend known mineralised areas through carefully planned drilling activities.
Focus on Main Zone mineralisation
The company will advance drilling work within the Main Zone, where previous exploration highlighted silver, lead, and zinc mineralisation. The newly defined Main Fault structure contains multiple high-grade veins, and the current campaign is designed to expand knowledge of the continuity of this mineralisation. Several drillholes are planned to extend exploration down dip from earlier intersections, aiming to confirm broader mineralised zones across the property.
Additional exploration prospects
Aside from the Main Zone, exploration activities may also extend to the Bighorn target. This area previously revealed silver-bearing quartz veins in limited drilling, and the company may complete additional work here depending on program progress. The road-accessible Haldane property spans a large area and contains multiple silver-lead-zinc vein occurrences consistent with those that have historically made the Keno Hill region one of the world’s prominent silver districts.
Financing the program
Recently completed financing initiatives have provided the company with sufficient capital to execute its exploration objectives. Funds raised will be allocated to both the Haldane property and other silver projects in Yukon, including the GDR property. The financing involved charity flow-through units paired with warrants, as well as additional warrants issued for finders’ fees. These arrangements ensure program costs are covered through to completion.
Regional significance of Keno Hill
The Keno Hill Silver District has a long-standing history of silver production and is recognised for its high-grade deposits. Silver North Resources continues to build on this regional legacy by testing new zones and enhancing geological understanding. The company’s properties are located adjacent to the Keno Hill operations of Hecla Mining Company (NYSE:HL), linking exploration efforts to a historically significant mining jurisdiction.
Company projects and listings
In addition to the Haldane Silver Project, Silver North Resources (TSX-V:SNAG) also holds interests in the Tim Silver Project and the GDR Project. The company has outlined plans to further expand its silver portfolio across favourable jurisdictions. Silver North trades on the TSX Venture Exchange under the symbol SNAG, on the OTCQB market in the United States under the symbol TARSF, and on the Frankfurt Stock Exchange under the symbol I90.
Index placement reference
asx 200 is a key Australian benchmark index that tracks performance of leading companies. While Silver North Resources is not listed on the ASX, its exploration developments are of interest to the broader resource sector covered by such indices.
Frequently Asked Questions
- What is the Haldane Silver Property?
It is a road-accessible project in Yukon with multiple silver-lead-zinc occurrences. - Where is Silver North Resources listed?
The company is listed on the TSX Venture Exchange, OTCQB, and Frankfurt Stock Exchange. - Which companies operate near the Haldane Project?
Hecla Mining Company (NYSE:HL) operates adjacent properties at Keno Hill.
