Silver North Intersects 13.15 metres Averaging 818 g/t Silver and 1.39 g/t Gold from 249.9 m Depth 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 25-19
Silver North Intersects 13.15 metres Averaging 818 g/t Silver and 1.39 g/t Gold from 249.9 m
Depth at the Haldane Silver Property, Keno District, Yukon
• Results received from three holes at the Main Fault target.
• The first hole of the 2025 program extended mineralization 90 m downdip from 2024
discovery intersections.
• 5 additional holes to be reported.
Vancouver, BC, November 17, 2025 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB:
TARSF) “Silver North” or the “Company”) announces that the Company has received results from
the first three holes completed during the 2025 exploration program at its flagship Haldane Silver
Property in the historic Keno Hill Silver District, Yukon. Results include 3.2 metres averaging
2014 g/t silver, 1.72 g/t gold, 4.73% lead and 1.1% zinc within a larger 13.15 metre
intersection of 818 g/t silver, 1.39 g/t gold, 2.54% lead and 0.98% zinc. A total of eight holes
(totalling 1,759.5 metres) were completed in the 2025 program. 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 resembling the ore-bearing veins being mined at Keno Hill.
“We are extremely pleased with the results of the 2025 program so far, highlighted by the 90 m
downdip step out from last year’s discovery holes at the Main Fault,” stated Jason Weber, P.Geo.,
President and CEO of Silver North. “The width and grades of the mineralized portion of the structure
at the Main Fault continue to impress: HLD25-31 is the best hole drilled on the property to date. We
saw some indication of higher gold grades with some portions of the mineralized structure in 2024.
With this downdip hole, we are seeing consistent high -grade silver with significantly higher gold
concentrations than seen at other targets on the property.”
HLD25-31 was drilled from the same pad as the 2024 discovery holes at the Main Fault (see news
release dated November 14, 2024). The hole intersected the Main Fault approximately 90 m downdip
from HLD24-30, yielding a 13.15 m mineralized intersection avera ging 818 g/t silver, 1.39 g/t gold,
2.54% lead and 0.98% zinc from 249.9 metres down hole. A sub -interval of this mineralization
averaged 2014 g/t silver, 1.72 g/t gold, 4.73% lead and 1.1% zinc over 3.2 m from 251.8 m, while
another sub -interval starting at 256.1 m averaged 1112 g/t silver, 4.6 1 g/t gold, 7.1 1% lead and
1.51% zinc over 1.25 m. The HLD25 -31 intersection appears to indicate a steeping of the structure
versus the apparent dip in holes HLD24-29 and 30. Additionally, the elevated gold grades observed
in the hanging wall intersection of HLD24-30 are observed throughout the entire 13.15 m interval. As
with other intersections at the Main Fault and elsewhere on the Haldane property, mineralization
consists of siderite +/- quartz, galena and sphalerite veins and breccias, as well as strongly faulted
and ground up vein and vein breccia material.
Table 1: 2025 Drilling – Significant Results
1Silver-equivalent values are calculated assuming typical recoveries based on metallurgical studies conducted
on a range of analogous epithermal 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.
HLD25-32 and 33 were drilled to test the Main Fault on a section 50 metres to the northeast of the
HLD24-29 and 30, and HLD25-31 section. These holes successfully extended the breadth of silver-
lead-zinc mineralization. HLD25 -32 intersected 6.5 metres aver aging 326 g/t silver, 0.19 g/t gold,
0.81% lead and 1.3% zinc from 165.1 metres including 0.80 m averaging 1,438 g/t silver, 0.51 g/t
gold, 2.78% lead and 1.6% zinc. This is hosted within a broad 22.65 metre -wide mineralized zone
averaging 160 g/t silver, 0.23 g/t Au, 0.75% lead and 0.80% zinc from 153.0 metres down hole.
HLD25-33 intersected the Main Fault approximately 45 m downdip of HLD25 -33, yielding 2.45 m of
311 g/t silver, 0.17 g/t gold, 1.51% lead and 3.27% zinc within a 5.56 m interval of 176 g/t silver, 0.11
g/t gold, 1.33% lead and 1.96% zinc from 193.49 m down hole.
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 456783 7082994 1261 104 -86
HLD25-32 189.0 456829 7083057 1274 130 -68
HLD25-33 208.4 456783 7082994 1261 63 -67
HLD25-34 203.0 456762 7082948 1258 105 -54
HLD25-35 207.0 456762 7082948 1258 105 -71
HLD25-36 210.0 456762 7082948 1258 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 the five remaining holes completed in
the 2025 program. The five remaining holes tested the Main Fault on sections 50 and 100 metres
Hole From (m) To (m) Interval (m) Ag (g/t) Au (g/t) Pb (%) Zn (%) Silver Eq1
HLD25-31 249.90 263.05 13.15 818 1.39 2.54 0.98 896
incl 251.80 255.00 3.20 2014 1.72 4.73 1.10 2055
incl 256.10 257.35 1.25 1112 4.61 7.11 1.51 1446
HLD25-32 153.00 175.65 22.65 160 0.23 0.75 0.80 187
incl 165.10 171.60 6.50 326 0.19 0.81 1.30 346
and incl 169.00 169.80 0.80 1438 0.51 2.78 1.60 1428
HLD25-33 193.49 199.05 5.56 176 0.11 1.33 1.96 224
incl 195.35 197.80 2.45 311 0.17 1.51 3.27 376
southwest of the hole 29/30/31 section.
Figure 1: Drill Hole Plan Map
Figure 2: Section D-D’
Figure 3: Section E-E’
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, fie ld 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 analyse s 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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