Silver North Resources Ltd. [TSX-V: SNAG, OTCQB: TARSF] has received results from the first three holes completed during the 2025 exploration program at its flagship Haldane Silver Property in the historic Keno Hill Silver District, Yukon Territory.
Results include 3.2 metres averaging 2014 g/t silver, 1.72 g/t gold, 4.73% lead and 1.1% zinc within a larger 13.15-metre intersection of 818 g/t silver, 1.39 g/t gold, 2.54% lead and 0.98% zinc. A total of eight holes (totalling 1,759.5 metres) were completed in the 2025 program. The road-accessible 8,579-hectare Haldane Property is located 25 km west of Keno City, YT, adjacent to Hecla Mining’s producing Keno Hill Silver Mine property, and hosts numerous occurrences of silver-lead-zinc-bearing quartz siderite veins resembling the ore-bearing veins being mined at Keno Hill.
“We are extremely pleased with the results of the 2025 program so far, highlighted by the 90-metre downdip step-out from last year’s discovery holes at the Main Fault,” stated Jason Weber, P.Geo., President and CEO of Silver North. “The width and grades of the mineralized portion of the structure at the Main Fault continue to impress: HLD25-31 is the best hole drilled on the property to date. We saw some indication of higher gold grades with some portions of the mineralized structure in 2024. With this downdip hole, we are seeing consistent high-grade silver with significantly higher gold concentrations than seen at other targets on the property.”
HLD25-31 was drilled from the same pad as the 2024 discovery holes at the Main Fault. The hole intersected the Main Fault approximately 90 metres downdip from HLD24-30, yielding a 13.15 m mineralized intersection averaging 818 g/t silver, 1.39 g/t gold, 2.54% lead and 0.98% zinc from 249.9 metres down hole. A sub-interval of this mineralization averaged 2014 g/t silver, 1.72 g/t gold, 4.73% lead and 1.1% zinc over 3.2 m from 251.8 m, while another sub-interval starting at 256.1 m averaged 1112 g/t silver, 4.61 g/t gold, 7.11% lead and 1.51% zinc over 1.25 m.
The HLD25-31 intersection appears to indicate a steeping of the structure versus the apparent dip in holes HLD24-29 and 30. Additionally, the elevated gold grades observed in the hanging wall intersection of HLD24-30 are observed throughout the entire 13.15-metre interval. As with other intersections at the Main Fault and elsewhere on the Haldane property, mineralization consists of siderite +/- quartz, galena and sphalerite veins and breccias, as well as strongly faulted and ground up vein and vein breccia material.
HLD25-32 and 33 were drilled to test the Main Fault on a section 50 metres to the northeast of the HLD24-29 and 30, and HLD25-31 section. These holes successfully extended the breadth of silver-lead-zinc mineralization. HLD25-32 intersected 6.5 metres averaging 326 g/t silver, 0.19 g/t gold, 0.81% lead and 1.3% zinc from 165.1 metres including 0.80 m averaging 1,438 g/t silver, 0.51 g/t gold, 2.78% lead and 1.6% zinc. This is hosted within a broad 22.65 metre-wide mineralized zone averaging 160 g/t silver, 0.23 g/t Au, 0.75% lead and 0.80% zinc from 153.0 metres down hole.
HLD25-33 intersected the Main Fault approximately 45 m downdip of HLD25-33, yielding 2.45 m of 311 g/t silver, 0.17 g/t gold, 1.51% lead and 3.27% zinc within a 5.56 m interval of 176 g/t silver, 0.11 g/t gold, 1.33% lead and 1.96% zinc from 193.49 m down hole.
The company is now waiting for the analytical results from the five remaining holes completed in the 2025 program. The five remaining holes tested the Main Fault on sections 50 and 100 metres southwest of the hole 29/30/31 section.
Silver North’s primary assets are its 100%-owned Haldane Silver Project (next to Hecla Mining’s Keno Hill Mine project), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
Resource World Magazine Inc. has prepared this editorial for general information purposes only and should not be considered a solicitation to buy or sell securities in the companies discussed herein. The information provided has been derived from sources believed to be reliable but cannot be guaranteed. This editorial does not take into account the readers investment criteria, investment expertise, financial condition, or financial goals of individual recipients and other concerns such as jurisdictional and/or legal restrictions that may exist for certain persons. Recipients should rely on their own due diligence and seek their own professional advice before investing.
