NewsCommodities & ForexSilver North Continues Haldane Drilling and Commences Veronica Exploration in Yukon

Silver North Continues Haldane Drilling and Commences Veronica Exploration in Yukon

Author: SilverSeek·

Key Takeaways

  • Silver North has completed 10 drill holes totaling approximately 2,550 metres at its Haldane Silver Property since late June 2026, with one rig relocated to follow up on anomalous silver mineralization at the Bighorn Target.
  • Previous drilling at the Haldane Main Fault target returned 818 g/t silver, 1.39 g/t gold, 2.54% lead, and 0.98% zinc over 13.15 metres from hole HLD25-31.
  • The Haldane property is situated in the Keno Hill Silver District, which has historically produced over 200 million ounces of silver and is adjacent to Hecla Mining's operating Keno Hill Mine.
  • The 2026 Veronica field program aims to expand a soil geochemical anomaly covering 1.2 km by 1 km, with approximately 850 soil samples planned to test targets prospective for CRD-style silver-lead-zinc mineralization.
  • Silver North reports it is fully funded for its 2026 and 2027 drilling campaigns across its Yukon silver properties.
Silver North Continues Haldane Drilling and Commences Veronica Exploration in Yukon

Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF, Frankfurt: I90) reports that drilling continues at its flagship Haldane Silver Property in the historic Keno Hill Silver District, central Yukon Territory, Canada, where 10 holes have been completed to date. The Keno Hill district has historically produced over 200 million ounces of silver at some of the highest average grades of any silver district globally, making it a highly sought-after address for silver exploration. The company has also commenced its 2026 field program at the Veronica Property, located in the Silvertip District, southeast Yukon.

Two drill rigs are currently operating at Haldane, focused on expansion of the Main Zone and testing of new silver targets. At Veronica, a comprehensive soil geochemical sampling, mapping, and prospecting program is underway.

The Veronica program builds on the success of the 2025 program, which identified silver mineralization in float and outcrop within stratigraphy considered prospective for Carbonate Replacement Deposit (CRD) style mineralization, similar to that found at Coeur Mining's Silvertip Mine Project, located 11 km to the southwest. CRD deposits are a well-established mineralization model that can host large-tonnage silver-lead-zinc bodies, and the proximity to an operating CRD-style mine provides a direct geological analogue for exploration targeting. The program is expected to take three weeks to complete.

Haldane Project Update

Drilling continues at the Haldane Project with two rigs testing the Main Fault target, stepping out from the known extents of mineralization identified in 2024 and 2025 drilling. Since late June, approximately 2,550 metres of drilling have been completed in 10 holes, all targeting the Main Fault structure.

One drill has been relocated to the Bighorn Target to follow up on strongly anomalous silver mineralization intersected in 2019, which included 125.7 g/t silver over 2.35 m in the only drillhole at this target (see news release dated October 22, 2019). The second drill remains at Main Fault.

Drilling at the Main Fault is expanding upon the 100 metres of strike and 150 metres of downdip extension identified to date. Notable results include 818 g/t silver, 1.39 g/t gold, 2.54% lead, and 0.98% zinc over 13.15 m from hole HLD25-31 (see news releases dated November 17, 2025 and January 12, 2026).

Drill core from mineralized intersections in the first five holes has been sampled and shipped to ALS Laboratories. Management expects to begin receiving analytical results in September. The 2026 program is expected to continue into October.

Haldane is located in the historic Keno Hill Silver District, central Yukon Territory, adjacent to Hecla Mining's Keno Hill Mine Property. Hecla, the largest silver producer in the United States, has invested significantly in expanding production at Keno Hill, underlining the district's ongoing relevance as a producing silver camp. Adjacency to an operating mine provides Silver North with nearby infrastructure and a geological framework that can aid in interpreting exploration results.

Veronica Field Program

The primary objective of the 2026 program at Veronica is to expand an open-ended multi-element soil geochemical anomaly currently covering an area of 1.2 km by 1 km. Prospecting and mapping within the anomaly will also be undertaken to further understand and expand the Lodge and Cooper showings, where mineralized float graded 2,860 g/t silver and an outcropping northeast-trending fault graded 33.2 g/t silver (see news release dated December 11, 2025).

"The 2025 program at Veronica was highly successful on many fronts," commented Jason Weber, President & CEO. "We expanded the footprint of the Betty soil geochemical anomaly and identified a potential mineralized source in float and bedrock, while mapping indicated that the area has stratigraphy favourable for hosting CRD style silver-lead-zinc mineralization. The 2026 program aims to build on last year's success, as well as following up on new targets generated from our airborne LiDAR, magnetics and VTEM surveying conducted earlier this season."

Additional work will include the investigation of several target areas defined by airborne magnetics and VTEM geophysical anomalies. An initial soil grid and contour soil geochemical lines will be carried out over the southern half of the project, where anomalous soil geochemical results coincide with additional magnetics and VTEM conductivity anomalies. Approximately 850 soil samples are expected to be collected.

About Silver North Resources Ltd.

Silver North's primary assets are its 100% owned Haldane Silver Project, adjacent to Hecla Mining Inc.'s Keno Hill Mine, and the Tim and Veronica silver projects in the Silvertip District of southern Yukon and northern British Columbia. At its flagship Haldane Project, the company has made three Keno-style silver vein discoveries in only 24 drillholes. Exploration is focused on the recent discovery at the Main Zone, where drilling has intersected high-grade silver mineralization over wide intervals.

Silver North is fully funded for its 2026 and 2027 drilling campaigns and is listed on the TSX Venture Exchange under the symbol "SNAG," trades on the OTCQB market in the US under the symbol "TARSF," and under the symbol "I90" on the Frankfurt Stock Exchange.

Mr. Jason Weber, P.Geo., President and CEO of Silver North Resources Ltd., is a Qualified Person as defined by National Instrument 43-101 and supervised the preparation of the technical information contained in this release.

For further information, contact:

Jason Weber, President and CEO

Sandrine Lam, Shareholder Communications

Tel: (604) 807-7217

Website:

X: https://X.com/SilverNorthRes

LinkedIn:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this news release, other than purely historical information, including statements relating to the company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.