Silver North Completes Largest Drill Program To Date at Haldane Silver Project, Keno Hill Silver District, Yukon

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 26-16

Silver North Completes Largest Drill Program To Date at Haldane Silver Project, Keno Hill Silver District, Yukon

• Completed 24 drillholes for a total of 6,169 metres
• Targets tested include Main Zone, Main Zone distal extensions and Bighorn
  • First tranche of analytical results imminent

Vancouver, BC, October 7, 2026 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF, Frankfurt: I90, “Silver North” or the “Company”) reports that the 2026 drilling campaign at the flagship Haldane Silver Property in the historic Keno Hill Silver District, Yukon has completed. The 2026 program is the largest ever undertaken at Haldane, with drilling targeting expansion of the Main Zone mineralization proximal to 2024 and 2025 drilling, distal step outs to test the Main Zone structure and additional drilling at the Bighorn Target.

Management anticipates the first tranche of analytical results from the program to be released imminently.

“The 2026 program was designed to build on the significant discovery we made at the Main Fault and to test the potential to expand that mineralization along strike and down dip, while also evaluating additional targets across Haldane,” stated Jason Weber, P.Geo., President and CEO of Silver North. “Our objective is to grow the scale of the discovery and demonstrate the broader potential of Haldane, creating opportunities for meaningful value creation as we advance the project. With the largest drill program in Haldane’s history now complete, we are eager to see the results and what they may tell us about the potential for further discovery and expansion.”

Silver North’s 2026 exploration program consisted of two drill rigs in operation at Haldane with the primary focus being the expansion of high grade silver-lead-zinc mineralization at its recently discovered Main Fault target. Drill hole HLD25-31, at the Main Fault, intersected 818 g/t silver, 1.39 g/t gold, 2.54% lead and 0.98% zinc over 13.15 m (see news release dated November 17, 2025). Additional targets were tested in the program, including the Bighorn area where the only hole ever drilled, in 2019, returned strongly anomalous silver mineralization, including 125.7 g/t silver over 2.35 m (see news release dated October 22, 2019). Four holes were drilled at this blind target located 3 km from the Main Fault. In total, 6,169 m of drilling was completed, meeting the Company’s goal of 5,000 to 7,000 metres in 2026. Additional work included airborne geophysical surveys, detailed structural and lithological mapping, prospecting and soil geochemical sampling. A total of 1,322 soil samples and 75 rock samples were collected.

All core, rock and soil samples collected in the 2026 program have been shipped from site to ALS Labs in Whitehorse and Vancouver and the Haldane Camp has been winterized. Management anticipates the first tranche of results to be released in the first half of October.

Table 1: 2026 Drilling – Collar Location Data (NAD83, UTM Zone 8)

1 - Drill hole plan map for Main Fault and surrounding targets Area of Detail

2 - Drill hole plan map - Bighorn Target

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 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 focussed 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. Mr. Weber 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

To learn more visit: http://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 RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.