Silver North intersects 9.10 metres averaging 428.3 g/t Silver and 0.73 g/t Gold from 182.40 metres at the Haldane Silver Property, 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 26-01
Silver North intersects 9.10 metres averaging 428.3 g/t Silver and 0.73 g/t Gold from 182.40
metres at the Haldane Silver Property, Yukon
• Includes 2.80 m of 1,069 g/t silver and 1.41 g/t gold in HLD25-36.
• Main Fault mineralization intersected in drilling on three sections in 2025 program,
representing approximately 100 metres strike extent and 150 metres downdip.
• Strong gold values consistent with previous Main Fault intersections.
Vancouver, BC, January 12, 2026 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB:
TARSF) “Silver North” or the “Company”) announces that the Company has received results from
the remaining two holes from the 2025 exploration program at its flagship Haldane Silver Property
in the historic Keno Hill Silver District, Yukon. Results include 2.80 metres averaging 1,069 g/t
silver, 1.41 g/t gold, 12.60% lead and 3.01% zinc within a larger 9.10 metre intersection of 428 g/t
silver, 0.73 g/t gold, 5.26% lead and 1.73% zinc from 182.40 metres down hole. A total of eight
holes (totalling 1,759.5 metres) were completed in the 2025 program, seven of which successfully
tested the Main Fault, intersecting silver-bearing siderite-sulphide vein and vein breccia
mineralization. One hole (HLD25-37) was abandoned within what is interpreted to be the Main
Fault but no core was recovered. 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.
“The Main Fault is showing itself to be a strong and complex fault structure capable of hosting high
grade silver, gold, lead and zinc mineralization. We are in the early days of revealing the potential of
this target, one of three new discoveries Silver North has made so far on the property,” stated Jason
Weber, P.Geo., President and CEO of Silver North. “With funding already in place to start the 2026
program as early as possible, we will be planning the next program to further define the potential of
the Main Fault and other targets at Haldane shortly.”
HLD25-36 and 38 were drilled off section to test for structures oblique to the Main Fault (“linkage” or
“transverse” faults), and to investigate the continuity of vein and structure internal to the Main Fault
complex. The collar location table and plan map shown below indicate the collar and hole orientation
with respect to the rest of the Main Fault. As with other intersections at the Main Fault and elsewhere
on the Haldane property, mineralization in both holes consists of siderite +/- quartz, galena and
sphalerite veins and br eccias, as well as strongly faulted and ground up vein and vein breccia
material.
Table 1: 2025 Drilling – Significant Results HLD25-36 and 38
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.
HLD25-36 intersected two splays of the Main Fault over 31 metres, starting at 161.0 m, separated
by 18.25 metres of weaker structurally influenced quartzite, phyllitic quartzite , and phyllite with
anomalous silver between the upper and lower sp lay. The entire 161.00 to 192.00 metres returned
174 g/t silver, 0.26 g/t gold, 1.68% lead and 0. 64% zinc. The upper splay, from 161.0 0 to 164.15
returned 3.15 m averaging 228 g/t silver, 0.10 g/t gold, 0.48% lead and 0.45% zinc, while the more
strongly mineralized lower splay averaged 428 g/t silver, 0.73 g/t gold, 5.26% lead and 1. 73% zinc
over 9.10 metres starting at 182.4 m down hole. A high-grade section of this interval, from 188.00 to
190.80 m averaged 1,069 g/t silver, 1.41 g/t gold, 12.60% lead and 3.02% zinc over 2.80 metres.
HLD25-38 intersected multiple mineralized intervals starting at 17 7.00 metres depth. A 1.50 metre
section of brecciated vein material returned 406 g/t silver, 0.10 g/t gold, 3.13% lead and 0.18% zinc
overlying 17.80 metres of quartzite, minor vein breccia and phyllitic quartzite anomalous in silver ,
lead and zinc from 178.50 to 196.30 metres. The lower section of Main Fault mineralization was
intersected from 196.30 to 218.30 metres, a 22 metre zone which includes a 1.90 metre strongly
mineralized section averaging 437 g/t silver, 0.35 g/t gold, 14.55% lead and 4.04% zinc.
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 1260 104 -86
HLD25-32 189.0 456825 7083060 1268 130 -68
HLD25-33 208.4 456776 7082990 1260 63 -67
HLD25-34 203.0 456757 7082951 1258 105 -54
HLD25-35 207.0 456757 7082951 1258 105 -71
HLD25-36 210.0 456757 7082951 1258 63 -55
HLD25-37 171.0 456729 7082904 1249 104 -62
HLD25-38 220.3 456776 7082990 1260 125 -74
Hole From (m) To (m)
Interval
(m) Ag (g/t) Au (g/t) Pb (%) Zn (%) Silver Eq1
HLD25-36 161.00 164.15 3.15 228 0.10 0.48 0.45 232
182.40 191.50 9.10 428 0.73 5.26 1.73 557
incl 188.00 190.80 2.80 1069 1.41 12.60 3.02 1335
HLD25-38 177.00 178. 50 1.50 406 0.10 3.13 0.18 436
196.30 218.30 22.00 71 0.17 1.56 0.76 114
incl 198.00 207.50 9.50 140 0.29 3.44 1.34 227
and incl 203.60 205.50 1.90 437 0.35 14.55 4.04 740
The Company has now received all outstanding analytical results from the 2025 program. One
hole, HLD25-37 was not sampled as the hole had to be abandoned in what is interpreted to be the
beginning of the Main Fault, and no core was recovered. Management is now focused on
interrogation of the complete Main Fault dataset to identify mineralization controls in preparation for
the 2026 program. With funding in place, management intends to start with an airborne
geophysical survey in late Q1 or early Q2 of this year. This timing would allow for interpretation of
the airborne data to further inform targeting, with drilling to commence as soon as conditions on
site allow.
Figure 1: Main Fault Drill Plan Map
Figure 2: Cross Section De-De'
Figure 3: Cross Section Df-Df'
Quality Assurance / Quality Control
All samples were analyzed by 33 element four-acid digestion ICP-MS methods (ME-ICP61 and ME-
MS61) at ALS Canada Ltd. Sample preparation was completed in Whitehorse, Yukon and
geochemical analyses were performed in Vancouver, British Columbia. Samples with over limit silver
and gold were re-analyzed using a 30-gram fire assay fusion with a gravimetric finish. Over-limit lead
and zinc samples were analyzed by four acid digestion and atomic absorption spectrometry. All
results have passed the QA/QC screening by the lab . Hardline Exploration Ltd, of Smithers, BC is
executing and managing the Haldane Project . Hardline utilized a quality control and quality
assurance protocol for the drill core sampling, including blank, duplicate, and standard reference
samples.
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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DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE
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