Silver North Resources Announces 2026 Exploration Program and Secures $13.85 Million in Financing

TARSF
February 19, 2026

Silver North Resources Ltd. (OTCQB: TARSF) has outlined its largest exploration program to date, targeting the Haldane property in the Yukon’s Keno Hill district. The 2026 program will expand the Main Fault target along strike and downdip, test additional targets, and begin with an airborne geophysical survey in March, followed by drilling in early June.

The company has secured a total of $13.85 million in financing—$2.25 million in a flow‑through arrangement in December 2025 and $11.6 million in February 2026—providing full funding for the 2026 and 2027 field seasons and giving the company a robust operational runway.

Silver North’s 2025 drilling campaign delivered a 13.15‑meter intersection averaging 818 g/t silver at HLD25‑31, the best hole drilled on the property to date. The high‑grade result underpins the company’s strategic shift toward high‑grade silver exploration and supports the potential for a commercial deposit.

The Keno Hill district is historically rich, having produced over 214 million ounces of silver from more than 4.8 million tonnes of ore. Silver North’s proximity to Hecla Mining’s Keno Hill Silver Project places it within a well‑established mining camp with proven infrastructure and a track record of high‑grade discoveries.

The company’s financing strategy—leveraging flow‑through instruments—has attracted investor confidence and positioned Silver North to accelerate exploration. With silver prices ending 2025 above $70 per ounce, the timing of the program aligns with a favorable market backdrop for high‑grade silver projects.

"We are extremely pleased with the results of the 2025 program so far, highlighted by the 90 m downdip step out from last year's discovery holes at the Main Fault," said Jason Weber, President and CEO. "The Main Fault is showing itself to be a strong and complex fault structure capable of hosting high grade silver, gold, lead and zinc mineralization. We are in the early days of revealing the potential of this target, one of three new discoveries Silver North has made so far on the property." He added, "This financing demonstrates investor confidence and provides near‑term operational runway."

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