Silver North Resources (TSXV:SNAG) - High-Grade Discovery Potential in Resurgent Yukon Silver Camp

Company Interviews

Interview with Rob Duncan, VP Exploration, and Jason Weber, President & CEO of Silver North Resources Ltd.

Recording date: 3rd April 2024

Silver North Resources (formerly Alianza Minerals) is a silver-focused exploration company offering investors an attractive opportunity to gain exposure to the increasingly bullish silver market. The company's flagship Haldane project is located in the historic Keno Hill silver camp in the Yukon, which has produced over 200 million ounces of high-grade silver since 1913.

Despite its location in a prolific district, Haldane remains largely underexplored by modern standards. Silver North has begun to unlock the project's potential with new high-grade discoveries in an area previously written off by the industry. Drilling has returned intercepts averaging 1,351 g/t silver, 2.43% lead and 2.91% zinc at 5.24 m, confirming the presence of Keno Hill style mineralization.

Importantly, Haldane benefits from the same geological setting and mineralization model as the district's past-producing mines now being restarted by major U.S. silver producer Hecla Mining. Exploration success by Hecla, including a 22% increase in silver reserves last year, demonstrates the significant upside potential that still exists in the Keno Hill district. With Haldane hosting the same style of high-grade silver veins, Silver North is well positioned to make further discoveries and delineate a meaningful resource.

The company is now looking to raise C$2 million to fund a 2,000m drill program at Haldane this year targeting extensions of the West Fault and Main Zone discoveries. Silver North also has a second Yukon project being advanced by partner Coeur Mining which provides additional discovery leverage for investors.

As Silver North CEO Jason Weber explained, these two "mega trends" are creating a strong fundamental backdrop for silver explorers and producers. Combine that with a tight share structure, experienced management and significant discovery potential at Haldane, and Silver North presents an attractive speculation for investors looking to leverage the silver market.

Silver North offers exposure to an increasingly compelling macro story for silver. Demand is expected to grow significantly in the coming years driven by silver's key role in the green economy, particularly in solar power and electric vehicles. This is coinciding with ongoing safe haven demand amid heightened geopolitical risks. While the company still needs to raise funds to fully drill out Haldane, the pieces are falling into place for a potential rerating as the silver price continues to strengthen. If the drills can deliver this year, Silver North could be positioned to unlock the value of one of the highest-grade and most prospective new silver projects in Canada.

Learn more: https://cruxinvestor.com/companies/silver-north-resources

Sign up for Crux Investor: https://cruxinvestor.com