Silver North Resources Ltd. reported that the first three holes of its 2025 drilling program at the Haldane Silver Property in the Yukon’s Keno Hill District produced a 13.15‑metre interval averaging 818 g/t silver, 1.39 g/t gold, 2.54 % lead and 0.98 % zinc, measured from a depth of 249.9 m. Within that interval a 3.20‑metre sub‑interval averaged 2,014 g/t silver, 1.72 g/t gold, 4.73 % lead and 1.10 % zinc, and the hole extended mineralization 90 m downdip from the 2024 discovery intersections, underscoring the continuity of high‑grade vein systems.
Silver North’s president and CEO, Jason Weber, described the hole as the “best hole drilled on the property to date,” highlighting the exceptional silver and gold grades and the significant step‑out. The 90‑metre downdip extension demonstrates that the Main Fault target is not a short‑lived anomaly but a potentially extensive, high‑grade system, a key factor that could justify a future resource update and attract additional capital.
The Haldane property spans 8,579 hectares and sits adjacent to Hecla Mining’s operating Keno Hill mine, placing it in one of Canada’s most prolific silver districts. The proximity to an established mine provides a proven geological framework and a ready supply chain, enhancing the feasibility of any future development. The Keno Hill district has produced over 200 million ounces of silver, and the new intersections reinforce the district’s reputation for high‑grade, vein‑type mineralization.
These results strengthen Silver North’s case for a resource expansion and support its strategy to raise capital for further drilling and potential development. The company’s net loss for the third quarter of 2025 was lower than the same period a year earlier, and its cash position remains sufficient to fund the next phase of exploration. The high‑grade data, combined with a solid cash base, positions the company to pursue additional financing on favorable terms if a resource estimate is updated.
Silver North will report results from five additional holes in the coming weeks, which will further delineate the extent of the Main Fault system. The company’s management remains optimistic that the Haldane property could host a significant, economically viable silver deposit, and the new data provide a stronger foundation for future capital‑raising efforts and potential development timelines.
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