18:49:10 EDT Thu 09 Apr 2026
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Silver North Resources Ltd
Symbol SNAG
Shares Issued 99,725,873
Close 2026-04-09 C$ 0.28
Market Cap C$ 27,923,244
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Silver North starts survey at Haldane project

2026-04-09 16:46 ET - News Release

Mr. Jason Weber reports

AIRBORNE GEOPHYSICAL SURVEY UNDERWAY AT SILVER NORTH'S HALDANE SILVER PROJECT, YT

A SkyTEM312 airborne geophysical survey has commenced at Silver North Resources Ltd.'s flagship Haldane silver project in the historic Keno Hill silver district, Yukon.

"We are very pleased to start the 2026 exploration campaign with the SkyTEM survey," commented Jason Weber, president and chief executive officer. "Completing this survey early in the season will allow us to interpret the data and use it to fine tune our 2026 drill hole locations, provide a stronger outline of the structural architecture of the vein-hosting faults and potentially illuminate cross structures that we suspect might be present and could host significant silver mineralization."

Silver North contracted SkyTEM Canada Inc. to conduct a SkyTEM312 survey over the Haldane project. The survey will consist of 100-metre-spaced flight lines with 1,000-metre-spaced tie lines for a total of 944 line kilometres of survey. The survey will collect both magnetics and time-domain electromagnetic data. The purpose of the survey is to aid detailed drill hole targeting by refining the underlying geology as well as helping define Haldane's complex structural architecture.

Silver North adopts semi-annual financial reporting

Silver North announces that it has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting (SAR).

Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. Silver North's fiscal year ends on Sept. 30. Under the SAR pilot program, the company will be exempt from filing interim financial reports and related management's discussion and analysis (MD&A) for its first and third quarters.

  • Interim period: The company will not file an interim report for the first quarter (Q1) ending Dec. 31 and the third quarter (Q3) ending June 30.
  • Continuing reporting: The company will continue to file audited financial statements (due within 120 days of Sept. 30) and six-month interim financial reports (due within 60 days of March 31).

Silver North confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million and maintaining a clean 12-month continuous disclosure record.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

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) and the Tim silver project (under option to Coeur Mining Inc.). At its flagship Haldane project, the company has made three Keno-style silver vein discoveries in only 24 drill holes. Exploration is focused on the recent discovery at the Main zone, where drilling has intersected high-grade silver mineralization over wide intervals.

Silver North is fully financed for its 2026 and 2027 drilling campaigns and is listed on the TSX Venture Exchange under the symbol SNAG, trades on the OTCQB market in the United States under the symbol TARSF, and under the symbol I90 on the Frankfurt Stock Exchange.

Jason Weber, PGeo, president and chief executive officer of Silver North Resources, is a qualified person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release.

We seek Safe Harbor.

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