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
(TheNewswire)
• Includes 2.80 m of 1,069g/t silver and 1.41 g/t gold in HLD25-36.
• Main Fault mineralizationintersected in drilling on three sections in 2025 program,representing approximately 100 metres strike extent and 150 metresdowndip.
• Strong gold valuesconsistent with previous Main Fault intersections.
Vancouver, BC, January 12, 2026– TheNewswire –Silver North Resources Ltd.(TSX-V: SNAG, OTCQB: TARSF) “Silver North” orthe “Company”) announces that the Company has received results from theremaining two holes from the 2025 exploration program at its flagshipHaldane Silver Property in the historic Keno Hill Silver District,Yukon. Results include 2.80 metres averaging 1,069 g/t silver, 1.41g/t gold, 12.60% lead and 3.01% zinc within a larger 9.10 metreintersection 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 (totalling1,759.5 metres) were completed in the 2025 program, seven of whichsuccessfully tested the Main Fault, intersecting silver-bearingsiderite-sulphide vein and vein breccia mineralization. One hole(HLD25-37) was abandoned within what is interpreted to be the MainFault but no core was recovered. The road-accessible 8,579 hectareHaldane Property is located 25 km west of Keno City, YT, adjacent toHecla Mining’s producing Keno Hill Silver Mine property, and hostsnumerous occurrences of silver-lead-zinc-bearing quartz siderite veinsresembling the ore-bearing veins being mined at Keno Hill.
“The Main Fault is showing itself to be a strong andcomplex fault structure capable of hosting high grade silver, gold,lead and zinc mineralization. We are in the early days of revealingthe potential of this target, one of three new discoveries SilverNorth has made so far on the property,” stated Jason Weber, P.Geo.,President and CEO of Silver North. “With funding already in place tostart the 2026 program as early as possible, we will be planning thenext program to further define the potential of the Main Fault andother targets at Haldane shortly.”
HLD25-36 and 38 were drilled off section to test forstructures oblique to the Main Fault (“linkage” or“transverse” faults), and to investigate the continuity of veinand structure internal to the Main Fault complex. The collarlocation table and plan map shown below indicate the collar and holeorientation with respect to the rest of the Main Fault. As with other intersections at the Main Fault and elsewhereon the Haldane property, mineralization in both holes consists ofsiderite +/- quartz, galena and sphalerite veins and breccias, as wellas strongly faulted and ground up vein and vein brecciamaterial.
Table 1: 2025 Drilling –Significant Results HLD25-36 and 38
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 |
HLD25-36 intersected two splays of the Main Fault over31 metres, starting at 161.0 m, separated by 18.25 metres of weakerstructurally influenced quartzite, phyllitic quartzite, and phyllitewith anomalous silver between the upper and lower splay. The entire161.00 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 161.00 to 164.15 returned3.15 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/tsilver, 0.73 g/t gold, 5.26% lead and 1.73% zinc over 9.10 metresstarting 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 intervalsstarting at 177.00 metres depth. A 1.50 metre section of brecciatedvein material returned 406 g/t silver, 0.10 g/t gold, 3.13% lead and0.18% zinc overlying 17.80 metres of quartzite, minor vein breccia andphyllitic quartzite anomalous in silver, lead and zinc from 178.50 to196.30 metres. The lower section of Main Fault mineralization wasintersected from 196.30 to 218.30 metres, a 22 metre zone whichincludes a 1.90 metre strongly mineralized section averaging 437 g/tsilver, 0.35 g/t gold, 14.55% lead and 4.04% zinc.
Table 2: 2025 Drilling – CollarLocation 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 |
The Company has now received all outstanding analyticalresults from the 2025 program. One hole, HLD25-37 was not sampled asthe hole had to be abandoned in what is interpreted to be thebeginning of the Main Fault, and no core was recovered. Management isnow focused on interrogation of the complete Main Fault dataset toidentify mineralization controls in preparation for the 2026 program.With funding in place, management intends to start with an airbornegeophysical survey in late Q1 or early Q2 of this year. This timingwould allow for interpretation of the airborne data to further informtargeting, with drilling to commence as soon as conditions on siteallow.
Figure 1: MainFault Drill Plan Map
Quality Assurance / Quality Control
All samples wereanalyzed by 33 element four-acid digestion ICP-MS methods (ME-ICP61and ME-MS61) at ALS Canada Ltd. Sample preparation was completed inWhitehorse, Yukon and geochemical analyses were performed inVancouver, British Columbia. Samples with over limit silver and goldwere re-analyzed using a 30-gram fire assay fusion with a gravimetricfinish. Over-limit lead and zinc samples were analyzed by four aciddigestion and atomic absorption spectrometry. All results have passedthe QA/QC screening by the lab. Hardline Exploration Ltd, of Smithers,BC is executing and managing the Haldane Project. Hardline utilized aquality control and quality assurance protocol for the drill coresampling, including blank, duplicate, and standard referencesamples.
About Silver North Resources Ltd.
Silver North’s primary assets are its 100% owned Haldane Silver Project (next to Hecla MiningInc.’s Keno Hill Mine project), the Tim Silver Project (under optionto 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 favourablejurisdictions.
The Company is listedon the TSX Venture Exchange under the symbol“SNAG”, trades on theOTCQB market inthe 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 SilverNorth 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 andapproved the news release.
Forfurther information,contact:
Jason Weber, Presidentand 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:
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Copyright (c) 2026 TheNewswire - All rights reserved.
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