Mr. Jason Weber reports

SILVER NORTH'S VERONICA PROPERTY YIELDS 76.8% LEAD WITH PREVIOUSLY REPORTED 2,860 G/T SILVER DISCOVERY AT BETTY TARGET

Further to Silver North Resources Ltd.'s news release dated Oct. 28, 2025, the company has released final analytical results from the 2025 field exploration program at the Veronica property, one of three properties comprising the GDR project in southern Yukon. Lead assay results from two silver-bearing samples of massive galena in cobble-size float (2,860 and 213 grams per tonne silver; see news release dated Oct. 28, 2025) at the Lodge showing, which initially exceeded upper detection limits of the sampling procedure, have returned 76.8 per cent lead and 9.6 per cent lead, respectively. At the Cooper showing, lead analysis from one silver-bearing sample from outcrop (33.17 g/t silver) returned 1.36 per cent lead.

"Lead mineralization, in the form of the mineral galena, is an important component of CRD (carbonate replacement deposit) style mineralization in the Silvertip district," stated Jason Weber, PGeo, president and chief executive officer of Silver North. "While only float, they do show the potential for high-grade silver and lead mineralization at the Betty target, which is a great start as we begin to make exploration plans for Veronica in 2026."

The high-grade lead results at the Lodge showing come from float collected within the one kilometre-by-one-kilometre Betty target, which is defined as a coincident silver (one part per million to 31.1 ppm), lead (50 ppm to 8,850 ppm) and zinc (200 ppm to 3,830 ppm) anomaly that remains open to the east and potentially to the south (see news release dated Oct. 28, 2025).

Massive galena-bearing samples from float include a 15-centimetre-wide massive sulphide cobble, which returned 2,860 g/t Ag, 0.412 g/t Au, 76.8 per cent Pb, 0.13 per cent Cu, 0.18 per cent Zn and 2,250 ppm antimony (sample K665269) and a cobble-sized sample uncovered in a hand trench in the same area that returned 213 g/t Ag, 9.6 per cent Pb and 367 ppm Sb (sample K665270).

The Veronica claims, part of the recently optioned GDR project, are located adjacent to the Tim property (under separate option to Coeur Mining), in the Silvertip area of southern Yukon. Exploration in the region is targeting high-grade silver-lead-zinc mineralization similar to that found at the Silvertip mine, approximately 12 kilometres to the southwest of Veronica.

Analytical and chain of custody

Following the field program, all samples were secured on site and transported to the office of Archer Cathro & Associates (1981) Ltd. before being delivered to ALS Minerals in Whitehorse, Yukon. All samples were prepared at ALS Minerals in Whitehorse before being transported to the ALS laboratory (an independent accredited laboratory) in North Vancouver, B.C., for analysis.

Rock and soil samples were analyzed using four-acid digestion with an ICP-MS finish (ME-MS61). Gold analysis was by fire assay with atomic absorption finish (Au-ICP21). Overlimit analysis for silver was completed using ore-grade four-acid digestion (ME-OG62) and by fire assay and gravimetric finish (Ag-GRA21 -- 30-gram sample). Overlimit analysis for lead is currently being completed using ore-grade four-acid digestion (ME-OG62).

Grab and float rock samples collected in the program are selective by nature and may not necessarily represent the overall grade of underlying mineralization. Soil geochemical surveys conducted prior to Silver North's agreement to option the Veronica property consisted of grid (50-metre samples on 100-metre-spaced lines) and ridgeline sampling (approximately) every 100 metres. Approximately 453 soil samples were collected in kraft soil bags and analyzed using a 30-gram fire assay method for gold and standard ICP (inductively coupled plasma) spectroscopy for 50 additional elements. Samples were analyzed at ALS laboratories.

About Silver North Resources Ltd.

Silver North's primary assets are its 100-per-cent-owned Haldane silver project (next to Hecla Mining Inc.'s Keno Hill mine project), the Tim silver project (under option to Coeur Mining Inc. in the Silvertip/Midway district in British Columbia and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.

The company is listed on the TSX Venture Exchange under the symbol SNAG and trades on the OTCQB market in the United States under the symbol TARSF and under the symbol I90 on the Frankfurt Stock Exchange.

Qualified person

Kelson Willms, PGeo, of Archer Cathro and Associates is a qualified person as defined under the terms of National Instrument 43-101 and has reviewed and approved the technical information in this news release.

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