|
| Silver North Resources (SNAG.V; TARSF.OTC) has spent the summer drilling a high-grade silver discovery in one of the highest-grade silver districts in the world…
|
| …Not far from Hecla Mining’s ultra-rich Keno Hill mine in Canada’s Yukon Territory.
|
| Keno Hill has produced more than 200 million ounces of silver over the past century. From 1913 to 1989, ore mined here averaged a remarkable 1,389 g/t silver.
|
| Now, after a season with two drill rigs working on its 100%-owned Haldane Project, Silver North is about to learn a great deal more about just how big its discovery could be.
If the results build on what the last two seasons delivered, Haldane promises to become the next big Yukon discovery story.
|
| Where Grade Finally Met Width
|
| Hole 31, drilled last year, is where the Haldane story changed.
It returned 13.15 meters averaging 818 g/t silver and 1.39 g/t gold, plus lead and zinc. Within that interval, a 3.2-meter section averaged an eye-popping 2,014 g/t silver.
|
 |
| Click image to enlarge
Hole 31 cut 13.15 meters of 818 g/t silver and 1.39 g/t gold — the best hole ever drilled at Haldane.
|
| Hole 31 was a bonafide discovery hole — the best ever drilled on the property. And it came on the heels of wide mineralized zones in earlier drilling, including 28.36 meters (true width) of 130 g/t silver in 2024.
|
| Just as striking is the gold that lies alongside the silver. The elevated gold grades seen in a 2024 hole carried through the entire 13.15-meter interval of Hole 31, with one short section returning 4.61 g/t gold.
|
| In fact, all nine holes that had reached the Main Zone target returned significant widths and grades of silver-gold-lead-zinc mineralization.
|
| Hidden For A Century
|
| Silver has a long history on Mt. Haldane. Prospectors staked the first claims on the mountain in 1905. By the 1920s, small underground workings were producing hand-sorted ore grading thousands of grams per tonne silver.
Yet for roughly a hundred years, those showings never became a modern discovery.
One reason is geology. Mt. Haldane’s upper slopes escaped the glaciers of the last ice age, so the rock there is deeply weathered…with oxidation extending 150 meters or more and little fresh sulphide mineralization exposed at surface. Heavy talus made drilling difficult too.
Previous operators tried to test the Main Zone, but Silver North’s 2024 holes were the first to intersect and recover Keno-style silver-bearing veins in the structure.
|
| Importantly, Haldane’s best mineralization occurs where the veins cut the Keno Hill quartzite.
That’s the same host rock as the main Keno Hill deposits, which were mined for more than 100 years.
|
| And the company has barely scratched the surface. Silver North has made three Keno-style silver discoveries at Haldane and estimates approximately 12 kilometers of cumulative vein potential on the property.
|
| Two Rigs…Full Funding
…And Results On Deck
|
| Here’s the important catalyst: This year’s program is the largest in Silver North’s history.
Two diamond drill rigs went to work in June under a two-year contract, with 5,000 to 7,000 meters planned for this season. That’s roughly three to four times the meterage drilled in 2025.
One rig stepped out along strike and down dip at the Main Zone. The other moved to Bighorn, a separate target about three kilometers northwest. Before this year, the only hole drilled there cut 125.7 g/t silver over 2.35 meters in 2019.
|
 |
| Click image to enlarge
Silver North has a wealth of targets ahead, in addition to the already impressive Main Zone.
|
| The program is slated to wrap up in early October with roughly two dozen holes completed. Core from the Main Zone has been shipped to the lab…and the first results are imminent.
“Hole HLD25-31 is the best hole drilled to date on the property and confirms the scale and continuity of high-grade silver mineralization at the Main Zone,” said President and CEO Jason Weber as drilling began to follow up on those results. “With two drills turning and a robust pipeline of new targets, we believe this program has the potential to be transformational for Silver North.”
|
| After closing a C$11.6 million financing in February, Silver North is fully funded for both its 2026 and 2027 drill campaigns. Next year, management plans to test more targets, including the Johnson Vein, where hand-sorted ore grading about 4,600 g/t silver was mined in the 1920s.
|
| Outside validation arrived in August, when Orogen Royalties bought the full 2% net smelter royalty on Haldane from its underlying holders. According to Silver North, it’s only the second royalty Orogen has ever acquired.
|
| A District-Scale Story —
Still In Chapter One
|
| Core from this season’s drilling is now at the lab…and the market has yet to see a single assay from it. As those results start arriving, the Haldane story should come into much sharper focus.
|
| It’s also worth remembering who owns the ground next door. Hecla Mining is the biggest operator in the Keno Hill district. High-grade discoveries that grow within reach of an established operator naturally draw attention.
|
| Silver North heads into this results season with 100% ownership of Haldane and a discovery hole that has already delivered 13.15 meters of 818 g/t silver with meaningful gold.
With a record drill program behind this season’s results and funding in place through 2027, the company has the resources to follow up on whatever the drilling reveals in the days just ahead.
For investors who want to be positioned before those results land, now is the moment to take a close look at Silver North.
|
| CLICK HERE
To learn more about Silver North Resources
|
.png)
