Introducing Silver North Resources - New Discoveries in Canada's famous Keno Hill Silver District

Published: Wed, 04/24/24

Updated: Mon, 04/29/24

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Introducing Silver North Resources - New Discoveries in Canada's famous Keno Hill Silver District

As the silver market builds momentum, some of the greatest leverage for investors will be in the companies that make new silver discoveries. However, these small exploration companies that own and operate discovery stage properties are the last to move as a bull market gains traction and are often overlooked. But a new discovery, especially in a strong silver market can add a tremendous amount of value to a company's market capitalization in a very short period of time. The key is finding those junior companies with management teams possessing the technical acumen to recognize high quality discovery opportunities, acquire them and conduct the exploration that will lead to discovery.

Silver North Resources Ltd (TSX-V:SNAG) (OTCQB:TARSF)

Silver North Resources holds two discovery-stage silver projects in Canada's Yukon Territory. Both projects are located in known silver districts with extensive mining history and anchored by major silver producers. Even with the extensive histories of both regions, brand new discovery opportunities exist at both projects presenting investors with a rare opportunity of exposure to multiple discovery opportunities - in a rising silver market.

The Haldane Silver project covers over 8,164 hectare project located in the famous Keno Hill Silver District in central Yukon Territory. The Keno District has seen high grade silver mining for over 100 years and new discoveries are still being made today.
  • Keno Hill Silver District hosts in excess of 65 silver deposits, with approximately 220 million ounces of silver mined from 1919-1989, at an average grade on 1,149 g/t (37 oz/ton) silver.

  • Hecla Mining, one of North America's largest silver producers operates the Keno Hill mine and reports that it has added 55 million ounces to it reserve base since acquiring Keno in September of 2022

  • Silver North's Haldane project covers the western extension of the Keno Hill District geology including two areas of historic mining at the Middlecoff (24.7 t of 3,102 g/t Ag & 59% Pb produced) and Johnson veins (2.1 t of 4,600 g/t Ag produced) in the 1915-1927 period.

  • Silver North is planning drilling at two areas in 2024, including the West Fault Target, where prior drilling has identified 311 g/t silver over 8.7 metres, 1,351 g/t silver over 3.14 metres and 1,107 g/t silver over 1.0 metre.

  • Potential for new discoveries in addition to expanding on existing drill intersections

  • The project's location is ideal in an active mining district, with electrical power and highway access within 2 kilometres of the property, and road access into the area of drilling.
The Tim Property is also a high grade silver target, located 19 kilometres north of Coeur Mining's Silvertip Mine property. The Tim is under option to Coeur, who is the operator of the project and funding exploration to earn an 80% interest.

  • Exploration is targeting mineralization similar to that found and previously mined at Silvertip. Current resources in the measured and indicated categories (as of December 2023) at Silvertip total 57.7M oz silver, 1.5B lbs zinc and 768.7M lbs lead

  • Previous work identified high grade silver mineralization in trenches where recent sampling returned 4.0 m averaging 468.1 g/t silver and 21.1% lead.

  • The Tim project is accessible via the Silvertip Mine road, making exploration of the property much easier than other projects in the district.

  • Tim appears to host same style of mineralization as Silvertip and hosted in the same geological setting.

  • Coeur is planning a 2,000 metre drill program for June of 2024.

Silver North offers a unique opportunity for investors to participate at the discovery stage in proven mining districts. Join us as we unlock the value in these exciting projects.

For More Information: [email protected]
Phone: 1-604-807-7217

Best regards,

Jason Weber, P.Geo.
President & CEO
Silver North Resources Ltd.
Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.

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