Silver North Resources Reports 2025 Exploration Highlights and 2026 Outlook
Vancouver, BC — February 19, 2026 — Leads & Copy — Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) has released a review of its 2025 exploration season and outlined its exploration strategy for 2026.
Silver had a strong year in 2025, climbing to over USD$70 per ounce after starting the year under USD$29 per ounce. This strength provided a solid backdrop for silver explorers, and Silver North capitalized with strong results at the Haldane and Veronica properties.
The company’s share price reflected this success, closing the year at $0.39 on high trading volume, a significant increase from its January 2025 low of $0.065.
In early 2025, the focus was on preparing for field programs at Haldane and Veronica, as well as securing financing to achieve management’s exploration goals. This resulted in financings at $0.10 and $0.15 in April and July, totaling $1.72 million, and a Charity Flow Through Financing at $0.21 in July, raising $2.1 million.
Following the 2025 field season, management completed a $2.25 million flow-through financing at $0.35 in December to prepare for the 2026 program.
After the July financing, field programs began at both projects, focusing on expanding mineralization at the Main Fault target at Haldane and at Veronica. Efforts at Veronica focused on expanding the anomalous soil geochemical footprint and identifying potential mineralization sources.
The eight-hole program, totaling 1,759.5 meters, was completed in November 2025. It targeted mineralization on sections 50 meters northeast and southwest of the discovery section, and downdip of the discovery holes. All holes intersected siderite, silver-bearing galena, and sphalerite mineralization, except for HLD25-37, which was lost at the top of the interpreted Main Fault structure.
Hole HLD25-31 was a highlight, intersecting the Main Fault approximately 90 meters downdip from HLD24-30. It yielded a 13.15-meter mineralized intersection averaging 818 g/t silver, 1.39 g/t gold, 2.54% lead, and 0.98% zinc from 249.9 meters downhole. A sub-interval averaged 2,014 g/t silver, 1.72 g/t gold, 4.73% lead, and 1.1% zinc over 3.2 meters from 251.8 meters. Another sub-interval starting at 256.1 meters averaged 1,112 g/t silver, 4.61 g/t gold, 7.11% lead, and 1.51% zinc over 1.25 meters. The HLD25-31 intersection suggests a steeping of the structure compared to the apparent dip in holes HLD24-29 and 30. Elevated gold grades observed in the hanging wall intersection of HLD24-30 were also present throughout the entire 13.15-meter interval.
Silver North’s exploration program at Veronica began in August 2025, partially funded by a grant under the Yukon Mineral Exploration Program. The program included prospecting, geological mapping, soil geochemical sampling, and hand trenching. Results include expanding the previously identified multi-element soil geochemical anomaly (the Betty target) and discovering silver-bearing mineralization in float cobbles (2,860 and 213 g/t silver) and in outcrop (33.7 and 17.15 g/t silver). No silver-bearing mineralization had been discovered on the Veronica property prior to 2025.
The 2025 program expanded this anomaly to over 1 km by 1 km, now called the “Betty Anomaly” or “Betty Target.” The Betty Anomaly is defined as a coincident silver (1 ppm to 31.1 ppm), lead (50 ppm to 8850 ppm), and zinc (200 ppm to 3830 ppm) anomaly that is open to the east and potentially to the south.
Mapping and prospecting work at the Betty Anomaly led to the discovery of mineralization at Veronica, including massive galena-bearing cobble-sized float, and subsequently, in outcrop. Float samples include a 15-cm wide massive sulfide cobble which returned 2,860 g/t Ag, 0.412 g/t Au, 76.8% Pb, 0.13% Cu, 0.18% Zn and 2,250 ppm Sb, (Sample K665269) and a cobble-sized sample uncovered in a hand trench in the same area that returned 213 g/t Ag, 9.60% Pb and 367 ppm Sb(Sample K665270). These areas collectively make up the Lodge Showing.
An outcropping brecciated and silicified fault zone, the Cooper Showing, was discovered approximately 100 meters northeast of the Lodge Showing, hosting disseminated and blebby galena. Grab samples from the outcropping structure returned 33.17 g/t Ag, 1.36% lead, 0.40% Zn and 26 ppm Sb (Sample E812425), and 17.15 g/t Ag, 0.71% Pb, 0.17% Zn and 22.3 ppm Sb (E82424).
Geological mapping indicates the potential preservation of the prospective stratigraphy known for hosting high-grade silver-lead-zinc mineralization at Silvertip. The Veronica claims are located adjacent to the Tim Property in the Silvertip area of southern Yukon Territory. Exploration in the region targets high-grade silver-lead-zinc mineralization similar to that found at the Silvertip Mine.
With the recent closing of an $11.6 million financing, Silver North is fully financed for the 2026 and 2027 field seasons. Management is planning the 2026 drill program at Haldane and has allocated $5 million to continue expanding the Main Fault target. Fieldwork will begin in late March or early April with airborne magnetics and electromagnetics surveys. Drilling is expected to start by the first week of June, with two drills on-site for four to five months, drilling an expected five to seven thousand meters.
Coeur Mining, earn-in partner and operator of the Company’s Tim project, is in the planning stages for their 2026 program. Plans will be conveyed to Silver North shareholders once available and are expected to include drilling at the silver – lead – zinc bearing CRD target in southern Yukon.
Silver North is planning a follow-up program to the 2025 Veronica property program, budgeting $500,000 for airborne magnetics and electromagnetics geophysical surveys, as well as further groundwork likely to include additional mapping, prospecting, and soil geochemical surveys to delineate drill targets for subsequent programs.
Full details of Silver North’s exploration plans will be released as they become available.
Silver North’s primary assets are its 100% owned Haldane silver project and the Tim silver project (under option to Coeur Mining, Inc.).
Source: Silver North Resources Ltd.
Share this story:
