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SNAG.V ·

Drilling Continues at Silver North’s Flagship Haldane Silver Property, Yukon

Exploration Programs

Trading Symbol (TSX-V: SNAG)

410-325 Howe Street

Vancouver, British Columbia

Canada V6C 1Z7

Tel: (604) 687 3520

Fax: 1-888-889-4874

www.silvernorthres.com

NR 24-16

Drilling Continues at Silver North’s Flagship Haldane Silver Property, Yukon

• Six holes completed to date at the Main Fault target.

• Program goal is to delineate down-dip and strike potential of the 2024 Main Fault

discovery where three stacked high grade silver bearing veins were intersected within a

structural zone that returned 28.36m (true width) of 130 g/t silver, 0.09 g/t gold, 0.55 %

lead and 0.52% zinc.

Vancouver, BC, October 16, 2025 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB:

TARSF) “Silver North” or the “Company”) provides an update on the ongoing 2025 exploration

program at the Company’s flagship Haldane Silver Property in the historic Keno Hill Silver District,

Yukon. To date, six holes (totaling 1,300 metres) have been completed at the Main Fault target. Of

these, five holes have been sampled and sent for analysis, with one in progress. 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 as seen elsewhere in the district.

“As we outlined before the start of the program at Haldane, t he focus of the 2025 program is to

expand upon the discovery made at the Main Fault last year,” stated Jason Weber, P.Geo., President

and CEO of Silver North. “ We have successfully tested the strike extension on section s to the

northeast as well as to the southwest. We have yet to receive analytical results from the initial holes

but expect to have the first set of results in early November.”

The 2025 diamond drilling program is targeting expansion of Keno -style silver lead -zinc

mineralization at the newly identified Main Fault target, a wide zone with at least three high grade

silver veins identified to date. Holes HLD24-29 and -30 intersected high grade mineralization such

as 1.83m (true width) of 1,088 g/t silver, 3.90 g/t gold, 1.89% lead and 0.63% zinc as well as wider

zones of silver mineralization including 5.8 m (true width) 365 g/t silver, 0.23 g/t gold, 1.80 % lead

and 1.37 % zinc (refer to Silver North’s news release dated November 14th, 2024). The first hole of

the program (HLD25-31) tested the continuity of mineralization approximately 80 m further down dip

of the 2024 intersections. The remaining holes are testing mineralization on sections approximately

50 and 100 metres southwest and 50 metres northeast of the discovery section to test the strike and

depth continuity of mineralization.

Silver North has engaged Paycore Diamond Drilling as the drill contractor for the program and

Hardline Exploration Services Ltd, to provide staffing, technical and camp support. The program is

expected to be completed in early November.

About Silver North Resources Ltd.

Silver North’s primary assets are its 100% owned Haldane Silver Project (next to Hecla Mining Inc.’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.

The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the

OTCQB market in the United States 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. Mr. Weber supervised the preparation of the technical

information contained in this release and approved the news release.

For further information, contact:

Jason Weber, President and CEO

Sandrine Lam, Shareholder Communications

Tel: (604) 807-7217

Fax: (888) 889-4874

To learn more visit: www.silvernorthres.com

X: https://X.com/SilverNorthRes

LinkedIn: https://www.linkedin.com/company/silvernorth-res-ltd/

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 RES OURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS

MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD- LOOKING STATEMENTS.