Silver North Resources (TSX-V:SNAG, OTCQB:TARSF) Completes 2024 Drilling Campaign at Haldane Property

3 min read | October 17, 2024 03:49 AM EDT | By Team Kalkine Media

Highlights

  • The drilling campaign identified a fourth silver vein target, further enhancing the property's potential.
  • Two of the three drilled holes intersected the Main Fault, showcasing the presence of Keno-style veins and breccias.
  • A planned follow-up drill at the Bighorn target was postponed, but preparations for future campaigns remain in place.

Silver North Resources has successfully completed its 2024 drilling campaign at the Haldane property in Yukon, marking a significant advancement in its exploration efforts.

The drilling program involved a total of 732 meters across three holes, strategically focusing on the West Fault and Main Fault targets. This campaign represents Silver North’s inaugural exploration of the Main Fault, and the results have been promising. Two of the three holes successfully intersected the Main Fault structure in unoxidized rock, which is critical for effective recovery of vein targets.

According to Silver North, the results revealed the presence of Keno-style quartz-siderite veins and breccias that are characteristic of the renowned Keno Hill district. Jason Weber, CEO of Silver North, expressed enthusiasm about the findings, stating, “We have shown that the Main Fault is another viable target with wide intersections of the structure 150 and 190 metres below surface, hosting classic Keno-style veins and breccias with siderite gangue and sulphide mineralization.”

The results from the drilling indicate significant mineralization potential. One hole intersected a breccia and siderite vein between depths of 171 and 176.7 meters, while a subsequent hole encountered a broader unoxidized structural zone from 183.5 to 203 meters. This second intersection exhibited multiple fault splays along with quartz-siderite veins, reinforcing the structural complexity of the area and its potential for high-grade silver deposits.

While the silver grades from the drilling have not yet been disclosed, the geological evidence supports the potential for substantial mineralization. The identification of a fourth viable silver target at Haldane further strengthens Silver North’s position in the district, which is known for its rich silver resources.

In addition to the drilling successes, the company had plans for a fourth hole at the Bighorn target; however, this was postponed due to challenging conditions encountered during the campaign. Despite this setback, Silver North has proactively prepared a drill pad for future drilling efforts, indicating a commitment to continued exploration at the property.

The Haldane property itself spans an impressive 8,579 hectares and is strategically located just 25 kilometers west of Keno City, Yukon, an area historically known for its silver mining activities. With this drilling campaign, Silver North has taken significant steps toward unlocking the potential of the Haldane property.

In summary, Silver North Resources' completion of its 2024 drilling campaign at the Haldane property marks a promising chapter for the company. With the identification of a new silver vein target and encouraging geological findings, the potential for high-grade silver mineralization appears robust. As the company prepares for future drilling campaigns, the focus will remain on advancing its exploration efforts and capitalizing on the opportunities within the rich mineral landscape of Yukon.


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