Silver North Resources SEC Filings

Silver North Resources Ltd. reports strong drill results and a major financing upsizing. At its Haldane Silver Property in Yukon, hole HLD25-36 returned 9.10 metres averaging 428 g/t silver, 0.73 g/t gold, 5.26% lead and 1.73% zinc from 182.40 metres, including 2.80 metres grading 1,069 g/t silver and 1.41 g/t gold. Additional intervals in HLD25-38 also show high-grade silver-lead-zinc mineralization, supporting the Main Fault as a key target.

The company has entered into, and then twice upsized, a brokered LIFE private placement with Red Cloud Securities, increasing the maximum gross proceeds from C$5.0 million to up to C$10.584 million. The offering combines Units at C$0.40 and Charity FT Units at C$0.56, with warrants exercisable at C$0.56 for 36 months. Management indicates these funds are expected to support exploration at Haldane, Veronica and GDR, as well as general corporate purposes, and states the company would be fully funded for about two years of exploration and operating costs.

Silver North Resources Ltd., a Canadian silver-focused exploration company, filed its annual report detailing continued exploration-stage operations with no revenue and recurring losses. For the year ended September 30, 2025, it reported a net loss of CDN$406,000 and total comprehensive loss of CDN$454,000, much lower than the prior year’s CDN$2.0 million loss.

Working capital improved to a CDN$934,000 surplus from a deficit, total assets were CDN$10.8 million, and the company had no long‑term debt. Mineral properties totaled CDN$8.4 million, reflecting heavy investment in projects such as the Haldane silver property in Yukon, where multiple drill campaigns have intersected high‑grade silver‑lead‑zinc veins.

The auditor issued a going concern opinion, highlighting reliance on new equity financing and successful exploration outcomes. Silver North has never generated operating revenue, pays no dividends, and characterizes itself as an exploration‑stage issuer with speculative, high‑risk securities, including exposure to penny stock rules and potential PFIC tax treatment for U.S. investors.

Silver North Resources reported new 2025 drilling results from its Haldane Silver Property in the Keno Hill district of Yukon. Two holes, HLD25-34 and HLD25-35, extended the Main Fault silver mineralization about 50 metres along strike, bringing the drilled extent to roughly 100 metres on strike and 150 metres downdip.

Hole HLD25-35 intersected 14.40 metres grading 231 g/t silver, 0.24 g/t gold, 0.54% lead and 0.39% zinc from 170.60 metres, including 1.25 metres at 1,261 g/t silver and 0.74 g/t gold. HLD25-34 returned 13.60 metres at 146 g/t silver, including 1.20 metres at 467 g/t silver and 12.07% lead.

Five of eight holes (1,759.5 metres) from the 2025 program have now been reported, with two holes still awaiting assays. The company highlights rigorous sampling and QA/QC procedures using ALS Minerals laboratories and positions Haldane as its flagship asset alongside other silver projects in favourable jurisdictions.

Silver North Resources reports progress on its 2025 drilling program at the flagship Haldane Silver Property in Yukon’s Keno Hill district. Six diamond drill holes totaling 1,300 metres have been completed at the Main Fault target, with five holes submitted for assays and one in progress.

The program is designed to extend high-grade silver-lead-zinc mineralization discovered in 2024 at the Main Fault, where earlier holes intersected intervals such as 1.83 m true width grading 1,088 g/t silver and 3.90 g/t gold, and a wider 5.8 m zone grading 365 g/t silver. Current holes test mineralization down dip and along strike to the northeast and southwest.

Drilling is being carried out by Paycore Diamond Drilling with technical support from Hardline Exploration Services. Silver North’s key assets include its 100% owned Haldane Silver Project, the Tim Silver Project under option to Coeur Mining, and the GDR project in the Silvertip/Midway district.

Silver North Resources Ltd. has closed a non-brokered private placement of charity flow-through units for aggregate gross proceeds of up to $2,100,000. The units were priced at $0.21 each, with every unit including one common share and one-half warrant exercisable at $0.35 for 48 months, expiring August 12, 2029.

The company plans to use the funds for exploration at its Haldane and GDR projects in Yukon. It will incur qualifying Canadian exploration expenses by December 31, 2026 and renounce them to subscribers effective on or before December 31, 2025, consistent with flow-through tax rules. Silver North paid finders’ fees of $54,420 in cash and 362,800 warrants exercisable at $0.15 until August 12, 2027, subject to TSX Venture Exchange approval.

The exploration program includes a 10‑hole, 2,500‑metre diamond drill campaign at Haldane’s Main Fault target to follow up high‑grade silver, gold, lead, and zinc intercepts reported in 2024, alongside prospecting, sampling, and mapping at the GDR project.

Silver North Resources is advancing two non-brokered financings to fund exploration and corporate needs. A flow-through private placement for aggregate gross proceeds of up to $2,100,000 at $0.21 per FT Unit has been fully subscribed and is expected to close shortly. Each FT Unit includes one flow-through common share and one-half warrant, with each whole warrant exercisable at $0.35 for 48 months.

The company also plans a non-flow-through private placement of up to $500,000 at $0.15 per HD Unit, each with one common share and one-half warrant on the same terms. Flow-through proceeds are earmarked for exploration on the Haldane and GDR projects in Yukon, while HD proceeds will fund general and administrative costs and project pipeline development, including drilling and field work targeting silver-lead-zinc mineralization.

Silver North Resources Ltd. reports 2024 drilling results and outlines 2025 plans for its Tim silver-lead-zinc project in Yukon, where exploration is being executed and funded by Coeur Silvertip Holdings under an option agreement.

The 2024 program completed 2,250 metres of drilling in six holes, confirming a Carbonate Replacement Deposit-style system and permissive host rocks along the Wolf Fault. The best intercept was 3.39 metres grading 52.8 g/t silver, 0.28 g/t gold, 0.11% lead and 0.27% zinc.

Under the option, Coeur can earn a 51% interest in the Tim Property by completing at least $3.55 million in exploration expenditures and cash payments totaling $275,000 to Silver North by December 31, 2026, and may increase its stake to 80% with additional payments and a positive feasibility study by December 16, 2028.

Silver North Resources reported a six-month net loss of $360,865 to March 31, 2025, narrowing from $1,139,603 a year earlier as prior-year results included a large write-down of exploration assets. Cash fell to $206,375 from $709,647, driven by exploration spending and negative operating cash flow.

The company capitalized $202,338 of net additions to exploration and evaluation assets, bringing their carrying value to $7,075,521, mainly at the Haldane silver project. Management warns that ongoing losses, a working capital deficit of $632,806, and challenging markets create material uncertainty about going concern. After period-end, Silver North raised $1,350,000 via a private placement of 13.5 million units at $0.10 with three-year warrants at $0.15.

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.