Silver North Continues Haldane Drilling and Commences Veronica Exploration, Yukon
Original announcement by tmx on
- Company
- Silver North Resources Ltd.
- Ticker
- SNAG
- Exchange
- TSX
- Region
- Yukon
- Primary commodity
- Silver
- Secondary commodities
- Gold, Lead, Zinc
- Document categories
- Drill results, Other
- Extracted
- 2026-09-16 22:28:00 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver North Resources is continuing drilling at its Haldane Silver Project in the Yukon, with 10 holes completed recently testing the Main Fault. The company has also commenced a soil geochemical and mapping program at the Veronica Property to expand known silver anomalies.
Reasoning: The release provides an update on ongoing drilling and the start of a new field program. While it mentions high-grade historical intercepts, it does not report new assay results from the current 10 holes, making the news primarily operational/procedural.
Positive factors
- Ongoing drilling at Haldane targeting expansion of Main Zone
- Commencement of new exploration program at Veronica
- High-grade historical intercepts mentioned as targets
Facts used in scoring: 5
Classification and evidence
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: Drilling at Haldane is focused on expansion and testing targets within known extents.
Evidence · text
“focused on expansion of the Main Zone and testing new silver targets”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Haldane is located next to Hecla Mining's Keno Hill Mine.
Evidence · text
“Haldane is located in the historic Keno Hill Silver District, central Yukon Territory, next to Hecla Mining’s Keno Hill Mine Property.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions samples being shipped to ALS Laboratories and identifies a Qualified Person.
Evidence · text
“Drill core from mineralized intersections in the first five holes has been sampled and shipped to ALS Laboratories.”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
HLD25-31Haldane · silverGrade: 818Grade Unit: g/tIntercept: 13.15 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- HLD25-31
- Project
- Haldane
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- canada_yt
- Ticker
- SNAG
Geometry
- Grade
- 818
- Grade Unit
- g/t
- Intercept
- 13.15 m
Classification
- Sample Type
- drill
Location
- Location
- Main Zone
- Loc. Source
- document
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-11-17T00:00:00.000Z
Dates
- Event date
- 2026-08-13T00:00:00.000Z
Reasoning: 818 g/t silver over 13.15m is an exceptional intercept.
Positive factors
- Very high grade silver intercept
Evidence · text
“818 g/t silver, 1.39 g/t gold, 2.54% lead and 0.98% zinc over 13.15 m from hole HLD25-31”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
HLD25-31Haldane · goldGrade: 1.39Grade Unit: g/tIntercept: 13.15 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- HLD25-31
- Project
- Haldane
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- canada_yt
- Ticker
- SNAG
Geometry
- Grade
- 1.39
- Grade Unit
- g/t
- Intercept
- 13.15 m
Classification
- Sample Type
- drill
Location
- Location
- Main Zone
- Loc. Source
- document
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-11-17T00:00:00.000Z
Dates
- Event date
- 2026-08-13T00:00:00.000Z
Reasoning: Gold grade is moderate in the context of the high-grade silver intercept.
Positive factors
- Co-product gold in high-grade silver interval
Evidence · text
“818 g/t silver, 1.39 g/t gold, 2.54% lead and 0.98% zinc over 13.15 m from hole HLD25-31”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
HLD25-31Haldane · leadGrade: 2.54Grade Unit: %Intercept: 13.15 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- HLD25-31
- Project
- Haldane
- Commodity
- lead
- Region
- canada_yt
- Reported Region
- canada_yt
- Ticker
- SNAG
Geometry
- Grade
- 2.54
- Grade Unit
- %
- Intercept
- 13.15 m
Classification
- Sample Type
- drill
Location
- Location
- Main Zone
- Loc. Source
- document
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-11-17T00:00:00.000Z
Dates
- Event date
- 2026-08-13T00:00:00.000Z
Reasoning: Lead grade is notable in a polymetallic intercept.
Positive factors
- Significant lead content
Evidence · text
“818 g/t silver, 1.39 g/t gold, 2.54% lead and 0.98% zinc over 13.15 m from hole HLD25-31”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
HLD25-31Haldane · zincGrade: 0.98Grade Unit: %Intercept: 13.15 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- HLD25-31
- Project
- Haldane
- Commodity
- zinc
- Region
- canada_yt
- Reported Region
- canada_yt
- Ticker
- SNAG
Geometry
- Grade
- 0.98
- Grade Unit
- %
- Intercept
- 13.15 m
Classification
- Sample Type
- drill
Location
- Location
- Main Zone
- Loc. Source
- document
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-11-17T00:00:00.000Z
Dates
- Event date
- 2026-08-13T00:00:00.000Z
Reasoning: Zinc grade is moderate.
Positive factors
- Zinc present in polymetallic intercept
Evidence · text
“818 g/t silver, 1.39 g/t gold, 2.54% lead and 0.98% zinc over 13.15 m from hole HLD25-31”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 5Haldane · silverGrade: 125.7Grade Unit: g/tIntercept: 2.35 mHistorical resultNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Haldane
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- canada_yt
- Ticker
- SNAG
Geometry
- Grade
- 125.7
- Grade Unit
- g/t
- Intercept
- 2.35 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2019-10-22T00:00:00.000Z
Dates
- Event date
- 2026-08-13T00:00:00.000Z
Reasoning: Historical intercept mentioned as a target for follow-up.
Positive factors
- Strongly anomalous historical silver
Evidence · text
“125.7 g/t silver over 2.35 m, in the only drillhole at this target (see news release dated October 22, 2019)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.