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Highlights
Silver North Resources plans new drill campaign targeting Main Fault zone
Exploration at Haldane Project to follow up recent high-grade vein discoveries
Tim Project partnership with Coeur Mining adds second focus in Silvertip District
Canadian explorer Silver North Resources (TSX-V:SNAG), focused on advancing its precious metals projects in the Yukon Territory, is intensifying its work at the Main Fault zone within the Haldane Project. The company’s activities, aligned with strategic positioning across North America’s prolific silver belts, highlight exploration prospects in the All Ordinaries landscape.
Silver North recently secured exploration funding, enabling streamlined operations with a renewed commitment to the Main Fault zone, a key structural feature at the core of its Keno Hill District tenure.
Drilling to Extend Known Mineralisation at Main Fault
The company is preparing to initiate drilling at the Haldane Project, with plans centred on extending the Main Fault discovery zone. Recent surface work has outlined strike extensions beyond previously identified sections, presenting targets for immediate follow-up.
Silver North’s focus is on defining a silver deposit consistent with Keno-style mineralisation. The upcoming program is expected to build on previous results and provide greater clarity on the structural and mineralogical continuity of three high-grade veins identified in earlier exploration.
Focus Strengthens Following 2024 Vein Intercepts
The drilling campaign follows a 2024 exploration effort that intercepted a cluster of silver-bearing veins within a broad intersection. This previous campaign helped consolidate attention on the Main Fault area, with silver grades and widths reinforcing geological models for typical Keno Hill-style systems.
This shift marks a deliberate step by Silver North to prioritise zones that have demonstrated capacity for discovery and development within one of Canada’s most historic silver-producing districts.
Tim Project Adds Depth with Coeur Mining Earn-In
In parallel, Silver North is advancing its Tim Project in the Silvertip District under an earn-in agreement with Coeur Mining (NYSE:CDE). The project spans a substantial claim package, with Coeur committed to funding exploration across a multi-year framework to secure a controlling interest.
The structure of the agreement includes future stages tied to a Feasibility Study, establishing a roadmap for staged advancement should ongoing results prove favourable. This dual-project strategy allows Silver North to maintain exposure to both near-term drilling and longer-term development horizons.
Strategic Location Supported by Regional Producers
Both the Keno Hill and Silvertip districts where Silver North operates are anchored by major producers, including Hecla Mining (NYSE:HL) and Coeur. These regional presences underscore the geological endowment of the area and enhance infrastructure and operational benchmarking for emerging projects.
Silver North’s strategic landholdings and defined drill plans are positioned within established silver corridors, allowing the company to leverage district-scale advantages as exploration progresses through the upcoming campaign season.
