TARSF
Industry:
Metals & Mining
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DESCRIPTION

Silver North Resources is a junior mining exploration company focused on silver in the Yukon Territory, Canada. The company does not produce silver or generate revenue from mining — it explores for silver deposits with the goal of discovering economically viable mineral resources. Silver North's flagship asset is the Haldane Property, an 8,579-hectare silver/lead/zinc project located in the Keno Hill Silver District, one of the highest-grade silver districts in Canada. Drilling since 2019 has identified multiple high-grade silver targets, with the most recent programs focused on the Main Fault, which has returned several hundred g/t silver intercepts. A two-rig, 5,000–7,000 meter drill program is funded for 2026. Silver North's second core asset is the Tim Property, a silver/lead/zinc project in southeastern Yukon being explored at Coeur Mining's expense; Coeur can earn up to an 80% interest by spending $3.7M on exploration and making $575,000 in cash payments over eight years. Silver North is a pre-revenue company — it funds exploration primarily by issuing equity, and its limited cash inflows come from option payments from partners and a small annual lease payment on a gold property in Nevada. The company's value depends entirely on exploration success; a significant discovery at Haldane could be sold, joint-ventured, or developed into a mine.

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