Silver North Locks in Haldane Drilling

Why It Matters

The funded drilling and geophysical work de‑risk Haldane’s high‑grade silver‑lead‑zinc potential, positioning Silver North for a possible resource upgrade and stronger market valuation.

Key Takeaways

• Two Boart rigs secured for 2026‑2027, 5‑7k m/year
• Main Fault vein shows 100 m strike, 150 m dip continuity
• Airborne magnetic/EM survey covers 944 km to refine targets
• Bighorn anomaly spans ~600 m strike, awaiting follow‑up drilling
• VTEM survey added for Veronica project, 243 km line‑km

Pulse Analysis

Yukon's historic Keno Hill district remains a hotbed for high‑grade silver discoveries, and Silver North's Haldane property sits just 22 km from Hecla Mining’s operating mine. The region’s complex structural geology, characterized by fault‑controlled vein systems, has attracted renewed interest as metal prices stay elevated. By securing a multi‑year drilling contract, Silver North can systematically test its structural models, reducing exploration risk and potentially unlocking a sizable resource that could attract strategic partners or financing.

The two‑rig arrangement with Boart Longyear gives the company the flexibility to run parallel programs, accelerating data acquisition on the Main Fault—a target that has already delivered consistent silver‑gold‑lead‑zinc intersections across nine holes. With 5,000‑7,000 metres of planned drilling per year, the company can both deepen the known strike envelope and probe down‑dip extensions, a critical step toward defining a maiden resource estimate. Simultaneously, the Bighorn anomaly, now mapped over 600 metres of strike, offers a secondary upside that could diversify the project's asset base.

Complementing the drilling, the 944‑kilometre airborne magnetic and electromagnetic survey will refine subsurface structural interpretations, sharpening future drill targeting. The additional VTEM survey at the Veronica project expands Silver North’s portfolio, signaling a broader growth strategy across Yukon’s silver districts. Together, these initiatives enhance the company’s technical credibility, improve its valuation narrative, and position it to capitalize on any near‑term market appetite for junior miners with funded, high‑potential exploration programs.