Silver North Resources Secures Funding for Major Exploration Campaign

Silver North Resources has solidified its financial position to embark on an extensive, multi-year exploration initiative across its key silver properties in Canada's Yukon territory. The company is now directing its focus toward operational execution, with a significantly expanded drilling program slated for 2026.

Strategic Focus and Board Oversight

Following a successful capital-raising effort, the company is transitioning into a critical operational phase. The recent annual general meeting also saw a strategic realignment of board oversight. This move is designed to guide the execution of a multi-year discovery strategy targeting assets in both the Yukon and British Columbia. Market observers are particularly focused on the upcoming work in the promising Keno Hill District, where historical discoveries have set high expectations for the new campaign.

Financial Runway Established

The necessary funding for the company's field operations through 2026 and 2027 is now in place. This financial stability was achieved through a series of private placement financings completed in the first quarter. With this capital secured, management can proceed with confidence in planning the large-scale exploration activities.

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Technical Work Precedes Drill Mobilization

Before drilling commences, the company will initiate an airborne geophysical survey over its Haldane and Veronica projects in the coming weeks. This technical work is crucial for generating precise data on the depth and trajectory of mineralized structures. The findings will be used to pinpoint exact locations for deploying two diamond drill rigs. A primary geological objective remains the expansion of the known "Main Fault" zone at the Haldane property.

In a clear statement of intent, management has nearly tripled the planned meterage for drilling compared to the previous year's program. This aggressive approach aims to demonstrate the continuity of silver mineralization across the sites. Despite these forward-looking operational preparations, the company's shares traded at a new annual low of 0.14 euros, reflecting a decline of over ten percent in the latest session.

Key Operational Timeline

A clear schedule of milestones and reporting deadlines outlines the path forward:

• 31 March 2026: Conclusion of the first fiscal quarter and subsequent release of financial results.
• May 2026: Completion of diamond drill rig mobilization to the project sites.
• First Week of June 2026: Planned commencement of the drilling program in the Yukon.

Subject to favorable weather conditions, equipment mobilization will be finalized to ensure drilling begins on schedule. The data from the upcoming geophysical surveys will form the foundational basis for selecting the final drill targets and coordinates.

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