High-Grade Silver Intercepts Expand Strike Length at Yukon Discovery

On November 18, Bob Moriarty of 321 Gold described early results from Silver North Resources Ltd.’s 2025 drill program as “outstanding.” He referenced a standout intercept of 13.15 meters grading 818 grams per tonne silver, 1.39 grams per tonne gold, 2.54% lead, and 0.98% zinc, calling it a key outcome from the program’s first three holes.

Further analysis was provided on December 9, when Michael Ballanger noted that Silver North had delivered “more positive drill results” from its Haldane Project. He highlighted an intercept of 231 grams per tonne silver over 14.40 meters, which included a higher-grade subinterval of 1.25 meters at 1,261 grams per tonne silver. According to Ballanger, the results extended mineralization at the Main Fault zone by an additional 50 meters along strike, bringing the total known extent to 100 meters on strike and 150 meters downdip.

On January 7, 2026, Ballanger reiterated his positive outlook, describing Silver North as “a perfect place to invest” within the silver sector. He emphasized the company’s strategic position near the historic Keno Hill Silver District, along with the strength of its management team. Citing the same high-grade November results, he stated, “Elevated gold values really got my attention, as well as the rest of the market.” He assigned an initial target price of CA$1.00 per share and indicated plans to reassess upon reaching that level.

¹The following day, January 8, John Newell of John Newell & Associates pointed to broader market dynamics as further support for Silver North’s positioning. According to Newell, “Silver has now achieved every major upside objective that was identified along the way,” and companies like Silver North were emerging from extended consolidation with improving technical setups. He pointed to meaningful insider ownership, a tight share structure, and the company’s location in a proven mining jurisdiction as factors contributing to its re-rating potential. Newell described Silver North as a discovery-driven junior explorer with credible upside in an established high-grade silver district.

On January 14, 2026, Rick Mills of Ahead of the Herd highlighted Silver North Resources Ltd.’s progress at the Haldane Project, located in the Keno Hill Silver District of Yukon. Mills reported that the 2025 drill campaign successfully tested the Main Fault structure over 150 meters of strike and 150 meters down dip, confirming Silver North’s geological model. He noted that HLD25-31 returned one of the best results on the property to date, intersecting 13.15 meters averaging 818 g/t silver and 1.39 g/t gold, including a subinterval of 3.2 meters at 2,014 g/t silver and 1.72 g/t gold. He also pointed to the consistently high silver content across results as indicative of a true silver-dominant system, with over 80% of metal value derived from silver.

According to Mills, the Main Fault discovery stood out not only for its grade but for its size and continuity, with potential for 300 meters of strike length and comparable down-dip extension. He added that the 2025 campaign achieved a near-perfect success rate, with every hole except one encountering mineralization. Mills concluded that Silver North’s work at Haldane demonstrated the potential to outline a deposit in line with the Keno Hill District average of 30 million ounces, and emphasized that upcoming 2026 drilling should offer further insight into the overall scale of the system.