Silver North plans $1.5M private placement

Silver North Resources Ltd. plans a non-brokered private placement of 15 million units at C$0.10 per unit for gross proceeds of up to $1,500,000.

Accepted by SEC EDGAR 01/30/2026 - 08:05 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Silver North Resources Ltd. plans a non-brokered private placement of 15 million units at C$0.10 per unit for gross proceeds of up to $1,500,000. Each unit includes one common share and a three-year warrant to buy an additional share at $0.15.

The company intends to use the funds for working capital and to advance its Haldane Silver Project in Yukon, where recent drilling intersected high-grade silver, gold, lead, and zinc veins. Finder’s fees of 8% in cash and 8% in finder’s warrants are payable, and all securities will be subject to a four-month-plus-one-day hold period, subject to TSX Venture Exchange approval.

Insights

Mining finance and capital markets analyst

Silver North arranges $1.5M private placement to fund exploration.

Silver North Resources Ltd. is raising up to $1,500,000 via a non-brokered private placement of 15 million units at C$0.10. Each unit carries a three-year warrant at $0.15, creating additional potential share issuance if the project advances and the share price supports warrant exercises.

Proceeds are earmarked for working capital and advancing the Haldane Silver Project in Yukon, where recent drilling returned high-grade silver and associated metals. The structure includes finder’s fees of 8% in cash and 8% in finder’s warrants, and the financing remains subject to TSX Venture Exchange approval, so completion terms depend on final regulatory clearance.

The units and associated warrants will be subject to a four-month-plus-one-day hold period, which limits immediate secondary trading. Subsequent disclosures about the closing of the placement and follow-up exploration at Haldane, including further drill or geophysical results, will clarify how effectively this capital supports the company’s exploration plans.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What financing did Silver North Resources (TARSF) announce in this 6-K?

Silver North Resources announced a non-brokered private placement of 15 million units at C$0.10 per unit for gross proceeds of up to $1,500,000. Each unit includes one common share and a three-year warrant exercisable at $0.15 per share, subject to TSX Venture Exchange approval.

How will Silver North (TARSF) use the proceeds from the $1,500,000 private placement?

Proceeds from the private placement will be used for working capital and to advance Silver North’s Haldane Silver Project in Yukon. The project has recently delivered high-grade silver, gold, lead, and zinc drill results, and further work will refine targets along prospective structures on the property.

What are the terms of the units and warrants in Silver North’s new financing?

Each unit consists of one common share and one non-transferable warrant. Each warrant allows the holder to purchase one additional common share for three years at $0.15. All securities issued will be subject to a hold period of four months and one day under applicable securities laws.

What recent exploration results support Silver North’s focus on the Haldane Silver Project?

Recent drilling at Haldane discovered several parallel silver-mineralized veins, including an interval of 1.83m (true width) grading 1,088 g/t silver and 3.90 g/t gold, with a higher-grade subinterval. These results underpin the decision to allocate new financing toward further exploration work there.

Does Silver North (TARSF) have other projects besides Haldane mentioned in this filing?

Yes. Silver North’s second high-grade silver project, Tim, is under option to Coeur Mining Inc. Coeur can earn a 51% interest by spending $3.55 million on exploration and making staged cash payments, with an option to increase its interest to 80% by funding a feasibility study.

What finder’s fees are associated with Silver North’s private placement?

Eligible parties may receive finder’s fees equal to 8% in cash and 8% in finder’s warrants on the financing. Each finder’s warrant will have the same terms as the financing warrants, providing the right to buy common shares at $0.15 for three years from issuance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 6-K

REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 AND 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the Month of   March 2025

File No.   000-55193

Silver North Resources Ltd.

(Formerly Alianza Minerals Ltd.)

(Name of Registrant)

410 – 325 Howe Street Vancouver, British Columbia, Canada V6C 1Z7

(Address of principal executive offices)

Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F       FORM 20-F    x     FORM 40-F   ¨

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Form 6-K to be signed on its behalf by the undersigned, thereunto duly authorized.

Silver North Resources Ltd.

(Registrant)

Dated: April 30, 2025 By: /s/  “Winnie Wong” Winnie Wong, Chief Financial Officer

Exhibits:

99.1News Release dated March 12, 2025 

99.2News Release dated March 27, 2025 

99.3News Release dated April 9, 2025 

	Trading Symbol (TSX-V: SNAG) 410-325 Howe Street Vancouver, British Columbia Canada V6C 1Z7 Tel: (604) 687 3520 Fax: 1-888-889-4874 www.silvernorthres.com
	NR 25-02

Silver North Announces $1,500,000 Non-Brokered Private Placement

Vancouver, BC, March 12, 2025 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF, Frankfurt: I90, “Silver North” or the “Company”) is pleased to announce a non-brokered private placement of 15 million Units of the Company at a price of C$0.10 per Unit for gross proceeds to the Company of up to $1,500,000 (the “Offering”).

These funds will be used for working capital and advancing the Haldane Silver Project in Yukon Territory where a recent drill program has been successful in discovering a series of 3 parallel silver mineralized veins at the Main Fault with results that include 1.83m (TW) of 1,088 g/t silver, 3.90 g/t gold, 1.89% lead and 0.63% zinc, including 0.73m (TW) of 2,470 g/t silver, 9.64 g/t gold, 3.88% lead and 0.99% zinc in hole HLD24-30.

The Haldane Silver Project is in the prolific Keno Hill District host to Hecla Mining Company’s Keno Hill Mine. The Haldane Project has very similar geology and vein mineralization to the Keno Hill Mine. At Silver North’s Haldane Project, only a fraction of the12 kilometers of the prospective structure that may host silver vein mineralization has been tested. Silver North’s geological team has determined that an airborne magnetics and electro-magnetics (EM) geophysical survey is a key step in unlocking the structural architecture at Haldane to aid in targeting further drilling at the Main Fault and surrounding targets. To date, Silver North has identified three additional silver bearing vein-fault targets at the West Fault, Middlecoff and Big Horn areas. Drilling at the West Fault returned 3.14m (TW) of 1351 g/t silver, 0.08 g/t gold, 2.43% lead and 2.91% zinc in HLD21-24.    

Silver North’s second high grade silver project, Tim, is under option to Coeur Mining Inc. (“Coeur”) whereby Coeur can a earn 51% interest by spending $3.55 million on exploration and making staged cash payments to Silver North. At their election, Coeur can earn-in to a total of an 80% interest in Tim by funding a feasibility study. Analytical results from Coeur’s 2024 six hole drill program at Tim, where positive characteristics of a productive CRD system were observed, are pending and will be announced as soon as they are received.

In the proposed financing, each Unit will consist of one common share and one non-transferable common share purchase warrant allowing the holder to buy an additional share for each full warrant held for a period of three years at $0.15 per additional share.

The closing of the Offering is expected to occur shortly and is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange (the “TSX-V”). Finder’s fees of 8% in cash and 8% in Finder’s Warrants will be paid to eligible parties. Each Finder’s Warrant will have the same terms as the warrants in the financing. The securities issued with respect to the Offering will be subject to a hold period of four months and one day in accordance with applicable securities laws.

About Silver North Resources Ltd.

Silver North’s primary assets are its 100% 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.).  The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the OTCQB market in the US under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange.

For further information, contact:

Jason Weber, President and CEO

Sandrine Lam, Shareholder Communications

Tel:  (604) 807-7217                               

Fax: (888) 889-4874

To learn more visit: www.silvernorthres.com

Twitter: https://twitter.com/SilverNorthRes

LinkedIn: https://www.linkedin.com/company/silvernorth-res-ltd/

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.