Silver North Extends Main Fault Silver Mineralization an Additional 50 metres Along Strike at the Haldane Silver Property, Keno 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 24-20
Silver North Extends Main Fault Silver Mineralization an Additional 50 metres
Along Strike at the Haldane Silver Property, Keno District, Yukon
• Intersects 231 g/t silver, 0.24 g/t gold, 0.54% lead and 0.39 % zinc over 14.40
m from 170.60 m to 185.00 m in HLD25-35 including 1.25 m averaging 1,261
g/t silver, 0.74 g/t gold, 0.35% lead and 0.41% zinc.
• Results received from two of four remaining holes at the Main Fault target.
• With five holes reported, Main Fault extended to a total of 100 metres on
strike and 150 m downdip in drilling and 300 m downdip from surface.
Vancouver, BC, December 10, 2025 – Silver North Resources Ltd. (TSX-V: SNAG,
OTCQB: TARSF) “Silver North” or the “Company”) announces that the Company has
received results from an additional two holes completed during the 2025 exploration
program at its flagship Haldane Silver Property in the historic Keno Hill Silver District,
Yukon. Holes HLD25-34 and 35 were drilled to intersect Main Fault mineralization
approximately 50 m to the southwest of the discovery section (HLD24-29 and -30, HLD
25- 31 – see news release dated November 17, 2025), successfully extending the Main
Fault in this direction. The Main Fault has been intersected in drilling over 100 metres in
strike dimension and approximately 150 metres downdip (over 300 metres downdip
from surface mineralization. Results include 1.25 metres averaging 1,261 g/t silver,
0.74 g/t gold, 0.35% lead and 0.41% zinc starting at 179.5 m, within a larger 14.4
metre intersection of 231 g/t silver, 0.24 g/t gold, 0.54% lead and 0.39% zinc starting at
170.6 m in HLD25-35. To date, five of eight holes (totaling 1,759.5 metres) completed in
the 2025 program have now been reported. 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.
“The Main Fault continues to produce significant silver intersections at Haldane.” stated
Jason Weber, P.Geo., President and CEO of Silver North. “The results of these holes
mirror the initial holes on the 2024 discovery section with grades and widths beco ming
stronger as we tested downdip, as seen with our exceptional results in our first hole of
this program (HLD25 -31 – see news release dated November 17, 2025 ). I am looking
forward to receiving the final set of assays from our 2025 program and embarking on the
interrogation of all of our data with our technical team to determine controls and
orientations of potential wider and higher grade plunge directions to silver bearing
mineralization for an aggressive 2026 drill program at Haldane.”
HLD25-34 returned 13.60 m (from 157.50 m to 171.10 m) averaging 146 g/t silver, 0.15
g/t gold, 2.34 % lead and 1.24 % zinc over the entire structural zone that defines the
Main Fault in this location. The upper two thirds of the intersection is intensely oxidized
siderite vein and vein breccia material while the remaining third consists of siderite vein
and stockwork mineralization with galena and sphalerite. The 13.60 m wide
intersection includes a higher grade interval from 159.0 m to 168.20 m (9.20 m) of 196
g/t silver, 0.19 g/t gold, 3.22 % lead and 0.76 % zinc that includes a high grade
intersection from 165.80 m to 167.00 m (1.20 m) that averages 467 g/t silver, 0.21 g/t
gold, 12.07 % lead and 1.34 % zinc.
Hole HLD25-35 drilled on the same section and approximately 50 m downdip from
HLD25-34 also intersected the Main Fault from 170.60 m - 198.50 m where the entire
structural zone returned 27.90 m averaging 153 g/t silver, 0.18 g/t gold, 0.47 % lead and
0.75 % zinc. In HLD25-35, the Main Fault splits into two splays defined by an upper
moderately oxidized siderite vein and vein breccia zone that is 14.40 m wide from
170.60 m to 185.00 m that returned 231 g/t silver, 0.24 g/t gold, 0.54 % lead and 0.39 %
zinc including two high grade silver bearing zones including 1.25 m from 179.50 m to
180.75 m that averages 1,261 g/t silver, 0.74 g/t gold, 0.35 % lead and 0.41 % zinc. The
low concentration of lead in this intersection suggests the presence of significant silver
bearing sulphosalts that were not observable in the partially oxidized material. The
lower splay consists of unoxidized galena and sphalerite bearing siderite vein breccia
material that is 6.35 m wide from 189.80 m to 196.15 m and returned 55 g/t silver, 0.08
g/t gold, 0.27 % lead and 0.80 % zinc. A higher grade silver bearing section 0.80 m wide
from 191.40 m to 192.20 m averages 642 g/t silver, 0.30 g/t gold, 3.38 % lead and 4.57
% zinc. The two splays of the Main fault are separated by 4.80 m of weakly mineralized
quartzite and graphitic phyllite fault gouge material.
Table 1: 2025 Drilling – Significant Results
Hole
From
(m) To (m) Interval (m) Ag (g/t) Au (g/t) Pb (%) Zn (%) Silver Eq1
HLD25-34 157.50 171.10 13.60 146 0.15 2.34 1.24 204
incl 159.00 168.20 9.20 196 0.19 3.22 0.76 260
and incl 165.80 167.00 1.20 467 0.21 12.07 1.34 672
HLD25-35 170.60 198.50 27.90 153 0.18 0.47 0.75 172
incl 170.60 185.00 14.40 231 0.24 0.54 0.39 243
and incl 174.15 175.00 0.85 425 0.15 2.24 0.55 447
and incl 179.50 180.75 1.25 1261 0.74 0.35 0.41 1217
incl 189.80 196.15 6.35 55 0.08 0.27 0.80 73
and incl 191.40 192.20 0.80 642 0.30 3.38 4.57 742
1Silver-equivalent values are calculated assuming typical recoveries based on metallurgical
studies conducted on a range of analogous vein deposits and are not necessarily reflective of
metallurgy on the property. No metallurgical work has been reported on the property. The
recoveries used are 92% silver, 70% gold, 88% lead and 70% zinc. The silver – equivalent formula:
using the formula: ((35 * silver (g/t)*0.92 / 31.1035) + (3000 * gold (g/t)*0.70 / 31.1035) + (1.00 * 2204
* lead %*0.88/100) + (1.20 * 2204 * zinc %*0.70/100)) *(31.1035 / 35). Metal price assumptions are
US$35/oz silver, US$3,000/oz gold, US$1.00/lb lead and US$1.20/lb zinc. True widths are unknown.
Table 2: 2025 Drilling – Collar Location Data (NAD83, UTM Zone 8)
Hole
Depth
(m)
Easting
(m)
Northing
(m)
Elevation
(m) Azimuth Dip
HLD25-31 282.9 456776 7082990 1265 104 -86
HLD25-32 189.0 456825 7083060 1281 130 -68
HLD25-33 208.4 456776 7082990 1265 63 -67
HLD25-34 203.0 456757 7082951 1268 105 -54
HLD25-35 207.0 456757 7082951 1268 105 -71
HLD25-36 210.0 456757 7082951 1268 63 -55
HLD25-37 171.0 456729 7082904 1263 104 -62
HLD25-38 220.3 456776 7082990 1265 125 -74
The Company is now waiting for the analytical results from two remaining holes
completed in the 2025 program.
Figure 1: Drill Hole Plan Map
Figure 2: Cross Section F-F’
Quality Assurance / Quality Control and Sampling Procedures
All diamond drill core from the 2025 program at the Haldane project was logged,
photographed, and sawn in half using a diamond blade core saw. One half of the core
was submitted for geochemical analysis, while the other half was retained in secure
storage for reference. Sampling intervals were determined based on geological
boundaries and typically ranged from 0.3 - 1.5 metres. Control samples comprised
approximately 20% of all samples submitted, including certified reference standards,
analytical blanks, fi eld duplicates, preparation duplicates and analytical duplicates.
QA/QC results were reviewed in real time, and all data have been verified as meeting
acceptable thresholds for accuracy, precision, and contamination before inclusion in this
release.
During the field program, all samples were secured on site and delivered to ALS Minerals
in Whitehorse, Yukon. All samples were prepared at ALS Minerals in Whitehorse before
being transported to the ALS laboratory (an independent ISO/IEC 17025 certified
laboratory) in North Vancouver, British Columbia for analysis.
Samples are dried, weighed, and crushed to at least 70% passing 2mm, and a 250 g split
is pulverized to at least 85% passing 75 μm (PREP -31). All samples are analyzed using
a four -acid digestion and ICP -MS methods (ME -ICP61 and ME -MS61). Over -limit
analyses for silver (>100 ppm), lead (>10,000 ppm), and zinc (>10,000 ppm) are re -
assayed using an ore-grade four-acid digestion and ICP-AES (ME-OG62). Samples with
over-limit silver assays > 1500 ppm are analyzed by 30-gram fire assay with a gravimetric
finish (Ag-GRA21). Gold is assayed by 30-gram fire assay and AAS (Au-AA23).
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/
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INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE
PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING
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INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL
RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD -
LOOKING STATEMENTS.