Silver North Resources Ltd 6-K, filed Feb 3, 2026
Silver North Resources Ltd. (TARSF)
About this 6-K
Silver North Resources Ltd filed this 6-K on February 3, 2026.
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 December 2025
File No. 000-55193
Silver North Resources 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: February 2, 2026 | By: /s/ “Winnie Wong” Winnie Wong, Chief Financial Officer |
Exhibits:
99.1News Release dated December 10, 2025
99.2News Release dated December 11, 2025
99.3News Release dated December 11, 2025 (2)
99.4News Release dated December 16, 2025
99.5News Release dated December 19, 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 |
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| NR 24-20 |
Silver North Extends Main Fault Silver Mineralization an Additional 50 metres Along Strike at the Haldane Silver Property, Keno District, Yukon
·Intersects 231 g/t silver, 0.24 g/t gold, 0.54% lead and 0.39 % zinc over 14.40 m from 170.60 m to 185.00 m in HLD25-35 including 1.25 m averaging 1,261 g/t silver, 0.74 g/t gold, 0.35% lead and 0.41% zinc
·Results received from two of four remaining holes at the Main Fault target.
·With five holes reported, Main Fault extended to a total of 100 metres on strike and 150 m downdip in drilling and 300 m downdip from surface.
Vancouver, BC, December 10, 2025 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) “Silver North” or the “Company”) announces that the Company has received results from an additional two holes completed during the 2025 exploration program at its flagship Haldane Silver Property in the historic Keno Hill Silver District, Yukon. Holes HLD25-34 and 35 were drilled to intersect Main Fault mineralization approximately 50 m to the southwest of the discovery section (HLD24-29 and -30, HLD 25- 31 – see news release dated November 17, 2025), successfully extending the Main Fault in this direction. The Main Fault has been intersected in drilling over 100 metres in strike dimension and approximately 150 metres downdip (over 300 metres downdip from surface mineralization. Results include 1.25 metres averaging 1,261 g/t silver, 0.74 g/t gold, 0.35% lead and 0.41% zinc starting at 179.5 m, within a larger 14.4 metre intersection of 231 g/t silver, 0.24 g/t gold, 0.54% lead and 0.39% zinc starting at 170.6 m in HLD25-35. To date, five of eight holes (totaling 1,759.5 metres) completed in the 2025 program have now been reported. The road-accessible 8,579 hectare Haldane Property is located 25 km west of Keno City, YT, adjacent to Hecla Mining’s producing Keno Hill Silver Mine property, and hosts numerous occurrences of silver-lead-zinc-bearing quartz siderite veins as seen elsewhere in the district.
“The Main Fault continues to produce significant silver intersections at Haldane.” stated Jason Weber, P.Geo., President and CEO of Silver North. “The results of these holes mirror the initial holes on the 2024 discovery section with grades and widths becoming stronger as we tested downdip, as seen with our exceptional results in our first hole of this program (HLD25-31 – see news release dated November 17, 2025.) I am looking forward to receiving the final set of assays from our 2025 program and embarking on the interrogation of all of our data with our technical team to determine controls and orientations of potential wider and higher grade plunge directions to silver bearing mineralization for an aggressive 2026 drill program at Haldane.”
HLD25-34 returned 13.60 m (from 157.50 m to 171.10 m) averaging 146 g/t silver, 0.15 g/t gold, 2.34 % lead and 1.24 % zinc over the entire structural zone that defines the Main Fault in this location. The upper two thirds of the intersection is intensely oxidized siderite vein and vein breccia material while the remaining third consists of siderite vein and stockwork mineralization with galena and sphalerite. The 13.60 m wide intersection includes a higher grade interval from 159.0 m to 168.20 m (9.20 m) of 196 g/t silver, 0.19 g/t gold, 3.22 % lead and 0.76 % zinc that includes a high grade intersection from 165.80 m to 167.00 m (1.20 m) that averages 467 g/t silver, 0.21 g/t gold, 12.07 % lead and 1.34 % zinc.
Hole HLD25-35 drilled on the same section and approximately 50 m downdip from HLD25-34 also intersected the Main Fault from 170.60 m - 198.50 m where the entire structural zone returned 27.90 m averaging 153 g/t silver, 0.18 g/t gold, 0.47 % lead and 0.75 % zinc. In HLD25-35, the Main Fault splits into two splays defined by an upper moderately oxidized siderite vein and vein breccia zone that is 14.40 m wide from 170.60 m to 185.00 m that returned 231 g/t silver, 0.24 g/t gold, 0.54 % lead and 0.39 % zinc including two high grade silver bearing zones including 1.25 m from 179.50 m to 180.75 m that averages 1,261 g/t silver, 0.74 g/t gold, 0.35 % lead and 0.41 % zinc. The low concentration of lead in this intersection suggests the presence of significant silver bearing sulphosalts that were not observable in the partially oxidized material. The lower splay consists of unoxidized galena and sphalerite bearing siderite vein breccia material that is 6.35 m wide from 189.80 m to 196.15 m and returned 55 g/t silver, 0.08 g/t gold, 0.27 % lead and 0.80 % zinc. A higher grade silver bearing section 0.80 m wide from 191.40 m to 192.20 m averages 642 g/t silver, 0.30 g/t gold, 3.38 % lead and 4.57 % zinc. The two splays of the Main fault are separated by 4.80 m of weakly mineralized quartzite and graphitic phyllite fault gouge material.
Table 1: 2025 Drilling – Significant Results
Hole | From (m) | To (m) | Interval (m) | Ag (g/t) | Au (g/t) | Pb (%) | Zn (%) | Silver Eq1 |
HLD25-34 | 157.50 | 171.10 | 13.60 | 146 | 0.15 | 2.34 | 1.24 | 204 |
incl | 159.00 | 168.20 | 9.20 | 196 | 0.19 | 3.22 | 0.76 | 260 |
and incl | 165.80 | 167.00 | 1.20 | 467 | 0.21 | 12.07 | 1.34 | 672 |
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HLD25-35 | 170.60 | 198.50 | 27.90 | 153 | 0.18 | 0.47 | 0.75 | 172 |
incl | 170.60 | 185.00 | 14.40 | 231 | 0.24 | 0.54 | 0.39 | 243 |
and incl | 174.15 | 175.00 | 0.85 | 425 | 0.15 | 2.24 | 0.55 | 447 |
and incl | 179.50 | 180.75 | 1.25 | 1261 | 0.74 | 0.35 | 0.41 | 1217 |
incl | 189.80 | 196.15 | 6.35 | 55 | 0.08 | 0.27 | 0.80 | 73 |
and incl | 191.40 | 192.20 | 0.80 | 642 | 0.30 | 3.38 | 4.57 | 742 |
1Silver-equivalent values are calculated assuming typical recoveries based on metallurgical studies conducted on a range of analogous vein deposits and are not necessarily reflective of metallurgy on the property. No metallurgical work has been reported on the property. The recoveries used are 92% silver, 70% gold, 88% lead and 70% zinc. The silver – equivalent formula: using the formula: ((35 * silver (g/t)*0.92 / 31.1035) + (3000 * gold (g/t)*0.70 / 31.1035) + (1.00 * 2204 * lead %*0.88/100) + (1.20 * 2204 * zinc %*0.70/100)) *(31.1035 / 35). Metal price assumptions are US$35/oz silver, US$3,000/oz gold, US$1.00/lb lead and US$1.20/lb zinc. True widths are unknown.
Table 2: 2025 Drilling – Collar Location Data (NAD83, UTM Zone 8)
The Company is now waiting for the analytical results from two remaining holes completed in the 2025 program.
Figure 1: Drill Hole Plan Map
Figure 2: Cross Section F-F’
Quality Assurance / Quality Control and Sampling Procedures
All diamond drill core from the 2025 program at the Haldane project was logged, photographed, and sawn in half using a diamond blade core saw. One half of the core was submitted for geochemical analysis, while the other half was retained in secure storage for reference. Sampling intervals were determined based on geological boundaries and typically ranged from 0.3- 1.5 metres. Control samples comprised approximately 20% of all samples submitted, including certified reference standards, analytical blanks, field duplicates, preparation duplicates and analytical duplicates. QA/QC results were reviewed in real time, and all data have been verified as meeting acceptable thresholds for accuracy, precision, and contamination before inclusion in this release.
During the field program, all samples were secured on site and delivered to ALS Minerals in Whitehorse, Yukon. All samples were prepared at ALS Minerals in Whitehorse before being transported to the ALS laboratory (an independent ISO/IEC 17025 certified laboratory) in North Vancouver, British Columbia for analysis.
Samples are dried, weighed, and crushed to at least 70% passing 2mm, and a 250 g split is pulverized to at least 85% passing 75 μm (PREP-31). All samples are analyzed using a four-acid digestion and ICP-MS methods (ME-ICP61 and ME-MS61). Over-limit analyses for silver (>100 ppm), lead (>10,000 ppm), and zinc (>10,000 ppm) are re-assayed using an ore-grade four-acid digestion and ICP-AES (ME-OG62). Samples with over-limit silver assays > 1500 ppm are analyzed by 30-gram fire assay with a gravimetric finish (Ag-GRA21). Gold is assayed by 30-gram fire assay and AAS (Au-AA23).
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), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the OTCQB market in the United States under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange.
Mr. Jason Weber, P.Geo., President and CEO of Silver North Resources Ltd. is a Qualified Person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release and approved the news release.
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
X: https://X.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.
| 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 |
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| NR25-21 |
Silver North’s Veronica Property Yields 76.8% Lead with Previously Reported 2,860 g/t Silver Discovery at Betty Target
·Overlimit lead assays received from rock samples at the newly discovered Lodge and Cooper showings, within the 1 km by 1 km multi-element (silver-lead±zinc) Betty soil geochemical anomaly, which remains open to the east and south.
Vancouver, BC, December 11, 2025 - Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) (“Silver North” or the “Company”) announces, further to the Company’s news release dated October 28, 2025, final analytical results from the 2025 field exploration program at the Veronica Property, one of three properties comprising the GDR Project in southern Yukon Territory (Figure 1). Lead assay results from two silver-bearing samples of massive galena in cobble-size float (2,860 and 213 g/t silver – See news release dated October 28, 2025) at the Lodge Showing, which initially exceeded upper detection limits of the sampling procedure, have returned 76.8% lead and 9.6% lead, respectively. At the Cooper Showing, lead analysis from one silver-bearing sample from outcrop (33.17 g/t silver), returned 1.36% lead.
“Lead mineralization, in the form of the mineral galena, is an important component of CRD (Carbonate Replacement Deposit) style mineralization in the Silvertip District,” stated Jason Weber, P.Geo., President and CEO of Silver North. “While only float, they do show the potential for high grade silver and lead mineralization at the Betty Target, which is a great start as we begin to make exploration plans for Veronica in 2026.”
The high grade lead results at the Lodge Showing come from float collected within the 1 km by 1 km “Betty Target” which is defined as a coincident silver (1 ppm to 31.1 ppm), lead (50 ppm to 8850 ppm) and zinc (200 ppm to 3830 ppm) anomaly that remains open to the east, and potentially to the south (see news release dated October 28, 2025). Massive galena-bearing samples from float include a 15-cm wide massive sulphide cobble which returned 2,860 g/t Ag, 0.412 g/t Au, 76.8% Pb, 0.13% Cu, 0.18% Zn and 2,250 ppm Sb, (Sample K665269 – Figures 2 and 3) and a cobble-sized sample uncovered in a hand trench in the same area that returned 213 g/t Ag, 9.6% Pb and 367 ppm Sb (Sample K665270 - Figures 2 and 3).
Figure 1: Location Map
The Veronica claims, part of the recently optioned GDR project, are located adjacent to the Tim Property (under separate option to Coeur Mining), in the Silvertip area of southern Yukon Territory. Exploration in the region is targeting high grade silver-lead-zinc mineralization similar to that found at the Silvertip Mine, approximately 12 km to the southwest of Veronica.
Analytical and Chain of Custody
Following the field program, all samples were secured on site and transported to the office of Archer, Cathro & Associates (1981) Limited before being delivered to ALS Minerals in Whitehorse, Yukon. All samples were prepared at ALS Minerals in Whitehorse before being transported to the ALS laboratory (an independent accredited laboratory) in North Vancouver, British Columbia for analysis.
Rock and soil samples were analyzed using four-acid digestion with an ICP-MS finish (ME-MS61). Gold analysis was by fire assay with atomic absorption finish (Au-ICP21). Over-limit analysis for silver was completed using Ore Grade four acid digestion (ME-OG62) and by fire assay and gravimetric finish (Ag-GRA21 – 30g sample). Over-limit analysis for lead is currently being completed using Ore Grade four acid digestion (ME-OG62).
Grab and float rock samples collected in the program are selective by nature and may not necessarily represent the overall grade of underlying mineralization. Soil geochemical surveys conducted prior to Silver North’s agreement to option the Veronica property consisted of grid (50 m samples on 100 m spaced lines) and ridgeline sampling (approximately) every 100 m. Approximately 453 soil samples were collected in kraft soil bags and analyzed using a 30g fire assay method for gold and standard ICP spectroscopy (Inductively Coupled Plasma) for 50 additional elements. Samples were analyzed at ALS Laboratories.
Figure 2: Compilation – Silver in soil geochemistry
Figure 3: Compilation – Lead in soil geochemistry
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), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the OTCQB market in the United States under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange.
Qualified Person
Mr. Kelson Willms, P.Geo., of Archer, Cathro and Associates (1981) Limited is a Qualified Person as defined under the terms National Instrument 43-101 and has reviewed and approved the technical information in this news release.
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
X: https://X.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.
| 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 |
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| NR 25-22 |
Silver North Announces $2.1 Million Flow Through Share Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, BC, December 11, 2025 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) “Silver North” or the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) for aggregate gross proceeds of up to $2,100,000 from the sale of 6 million flow-through shares of the Company (the “FT Shares”) to be sold at a price of $0.35 per FT Share. Each FT Share will be comprised of one common share that will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”).
The Company will use an amount equal to the gross proceeds from the sale of FT Shares, pursuant to the provisions in the Tax Act, to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Tax Act (the “Qualifying Expenditures”) related to the Company's Yukon projects, on or before December 31, 2026, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the FT Shares effective December 31, 2025.
The Company intends to pay finders’ fees comprised of 7% cash and 7% non-transferable warrants in connection with the Offering, subject to compliance with the policies of the TSX Venture Exchange (“TSXV”). The finder’s warrants will be valid for 24 months at the Offering price. Completion of the Offering and the payment of any finders’ fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSXV. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.
The securities described herein have not been, and will not be, registered under the U.S. Securities Act, as amended, or any state securities laws, and accordingly, may not be offered or sold within the United States or the US persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
Use of Proceeds
Proceeds from the contemplated financing will be used for exploration of the Company’s Haldane Project and GDR mineral properties in Yukon Territory. The Company is planning follow up drilling at the Main Fault target at Haldane, slated to commence as soon as weather and snow conditions allow.
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), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the OTCQB market in the United States under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange.
Mr. Jason Weber, P.Geo., President and CEO of Silver North Resources Ltd. is a Qualified Person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release.
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
X: https://X.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.
| 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 |
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| NR 25-23 |
Silver North Announces Increase in Flow Through Share Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, BC, December 16, 2025 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) “Silver North” or the “Company”) is pleased to announce an increase in the non-brokered private placement (the “Offering”) which is now for aggregate gross proceeds of up to $2,250,500 from the sale of 6,430,000 million flow-through shares of the Company (the “FT Shares”) to be sold at a price of $0.35 per FT Share. Each FT Share will be comprised of one common share that will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”).
The Offering is fully subscribed and will close shortly.
The Company will use an amount equal to the gross proceeds from the sale of FT Shares, pursuant to the provisions in the Tax Act, to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Tax Act (the “Qualifying Expenditures”) related to the Company's Yukon projects, on or before December 31, 2026, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the FT Shares effective December 31, 2025.
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), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the OTCQB market in the United States under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange.
Mr. Jason Weber, P.Geo., President and CEO of Silver North Resources Ltd. is a Qualified Person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release.
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
X: https://X.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.
| 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 |
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| NR 25-24 |
Silver North Announces Closing of $2.25 Million Flow Through Share Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, BC, December 19, 2025 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) “Silver North” or the “Company”) is pleased to announce that the non-brokered private placement (the “Offering”) for aggregate gross proceeds of $2,250,500 from the sale of 6.43 million flow-through shares of the Company (the “FT Shares”) sold at a price of $0.35 per FT Share was closed today. Each FT Share is comprised of one common share that will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”).
Jason Weber, President and CEO, noted that “This financing will give us the ability to get an early start to the 2026 drilling program at our flagship Haldane Property, as well as to conduct a follow-up program at the Veronica silver property. Our work this winter will be focused on incorporating the 2025 data, interpreting it and targeting next year’s drilling. We can now plan on starting as early as conditions will allow this spring and maximizing the field season in 2026. Detailed plans for 2026 will be announced once we have received and interpreted all of the 2025 results.”
The Company will use an amount equal to the gross proceeds from the sale of FT Shares, pursuant to the provisions in the Tax Act, to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Tax Act (the “Qualifying Expenditures”) related to the Company's Yukon projects, on or before December 31, 2026, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the FT Shares effective December 31, 2025.
The Company paid finders’ fees comprised of $144,931 and 414,090 non-transferable warrants in connection with the Offering. The finder’s warrants are valid for 24 months at the Offering price. All securities are subject to a four-month hold from the date of closing. Red Cloud Securities Inc. was the lead finder in connection with the Offering.
One director of the Company purchased 43,428 FT Shares under the private placement. The placement to this person constitutes a “related party transaction” within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 -Protection of Minority Security Holders in Special Transactions (“MI 61-101”) adopted in the Policy. The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25% of the Company's market capitalization (as determined under MI 61-101).
The securities described herein have not been, and will not be, registered under the U.S. Securities Act, as amended, or any state securities laws, and accordingly, may not be offered or sold within the United States or the US persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
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), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the GDR project also in the Silvertip/Midway district. Silver North also plans to acquire additional silver properties in favourable jurisdictions.
The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the OTCQB market in the United States under the symbol “TARSF”, and under the symbol “I90” on the Frankfurt Stock Exchange.
Mr. Jason Weber, P.Geo., President and CEO of Silver North Resources Ltd. is a Qualified Person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release.
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
X: https://X.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.