Silver North Resources Launches Funding Round to Boost Yukon Exploration

June 25, 2025 02:03 PM AEST | By Team Kalkine Media

Silver North Resources Launches Funding Round to Boost Yukon Exploration — Image source: Shutterstock

Private Placement to Support Multiple Yukon-Based Projects

The company has announced a private placement round aimed at raising funds for its Haldane and GDR mineral properties. The initiative includes charity flow-through units, with each unit comprising a common share and a half warrant. The included warrants will grant access to future share purchases within a designated period, aligning with the company’s strategy to secure longer-term financial flexibility.

The proceeds are earmarked for field activities such as mapping and geochemical sampling, particularly at the Veronica claims area. This stage of work is designed to enhance the understanding of soil anomalies and support broader exploration objectives.

Veronica Claims Program Strengthened by Government Support

Silver North recently received financial backing from the Yukon Mineral Exploration Program to progress its summer exploration campaign. This support enables fieldwork focused on a multi-element soil anomaly, which includes soil sampling, mapping, and prospecting techniques tailored to the regional geological profile.

Such activity is instrumental in preparing for more targeted future work and refining priority zones for drilling, leveraging data-driven methodologies in one of Canada's richest silver-bearing districts.

Legacy and Scope of Keno Hill District Operations

The broader Keno Hill District, where Silver North holds substantial claims, has a long legacy of silver extraction, having delivered substantial historical output over multiple decades. With more than eight thousand hectares under license, the company continues to build on a foundation of historical resource richness and geological potential.

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