Silver North confirms new Haldane target

Silver North Resources Ltd. Oct. 16 announced the completion of its 2024 drilling campaign at the Haldane property in Yukon, Canada, which successfully intersected the Main Fault target and confirmed a fourth silver vein target at the site.”We are very pleased with the progress we made at Haldane in this program,” said Silver North President and CEO Jason Weber. “We have shown that the Main Fault is another viable target with wide intersections of the structure 150 and 190 metres below surface, hosting classic Keno-style veins and breccias with siderite gangue and sulphide mineralization.”Located about 22 kilometers (14 miles) west of Hecla Mining Company’s Keno Hill silver mine, the 8,164-hectare (20,174 acres) road-accessible Haldane property has a history of high-grade silver mineralization dating back more than a century.Rebranding in March from Alianza Minerals to reflect its focus on the precious metal necessary for the clean energy transition, Silver North has redirected its exploration efforts to its predominantly silver properties to better align with its new vision.For the 2024 drilling program at Haldane, the company planned to complete up to six diamond drill holes targeting extensions of high-grade silver mineralization at the West Fault target, with a focus on testing the structure along strike and at depth. The program aimed to test the fault’s southwest plunge with 50-meter step-outs, as well as deeper zones below the level of oxidation, to intersect Main Fault, a large structure identified in previous surface work.Following these plans, Silver North successfully intersected the Main Fault in two holes during its recent drilling campaign. These intercepts, made at depths of 150 and 190 meters, revealed wide structural zones containing Keno-style quartz-siderite veins and breccias, characteristic of high-grade silver deposits in the district. Silver North Resources Ltd. While assays from the two holes are still pending, the discovery of such a well-developed structural zone reinforces the potential of the Main Fault to host high-grade silver mineralization.”Regardless of the silver grades returned from these two Main Fault intersections, we can confidently say we have added a fourth viable silver target at Haldane,” said Weber.In addition to the Main Fault, Silver North continued step-out drilling at West Fault, which had already yielded significant high-grade silver intercepts in previous programs. However, deteriorating conditions led to the postponement of the planned drilling at the Bighorn target, where a drill pad was constructed for future campaigns. Despite this, the company was able to further define structural zones and identify the potential for additional silver veins.

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