The mining newspaper for Alaska and Canada's North
North of 60 Mining News - August 30, 2024
Silver North Resources Ltd. Aug. 27 announced that it will begin drilling at its Haldane property in Yukon in early September, targeting high-grade silver mineralization at the West Fault and Bighorn areas.
Located about 22 kilometers (14 miles) west of Hecla Mining Company's Keno Hill silver mine, the 8,164-hectare (20,174 acres) road-accessible Haldane property has a history of high-grade silver mineralization dating back over a century.
Rebranded in March to better reflect its focus on the precious metal necessary for the clean energy transition, Silver North has redirected its exploration efforts to its predominantly silver properties to better align with its new vision.
This was further highlighted with the acquisition of the GDR property, a southern Yukon project with potential for high-grade silver-zinc-lead carbonate replacement deposit (CRD) mineralization similar to the nearby Silvertip mine project being advanced by Coeur Mining Inc.
For the 2024 drilling program at Haldane, Silver North is aiming for a six-hole diamond drill program that will target extensions of high-grade silver mineralization found at the West Fault, where previous drilling returned significant results, including 3.14 meters averaging 1,351 grams per metric ton silver, 2.43% lead, and 2.91% zinc.
Traced for over 650 meters of strike length, West Fault is interpreted to extend to 1,100 meters before merging with the 2,200-meter-long Main Fault structure. If drilling conditions permit, one hole at the West Fault will also be drilled deeper to intersect the Main Fault target.
In addition to West Fault, this year's drilling will also investigate the Bighorn target. In 2019, drilling at Bighorn intersected four separate veins, with the best intercept returning 2.35 meters averaging 125 g/t silver and 4.39% lead.
The structure hosting mineralization at Bighorn has been traced for over 525 meters of strike length within a 900-meter-long lead-silver soil geochemical anomaly and is further considered highly prospective for high-grade "Keno-style" silver vein mineralization.
"We are eager to begin drilling at Haldane again, following on the heels of the Tim drilling program in southern Yukon," said Silver North President and CEO Jason Weber. "In fact, the drill will move north from Tim to Haldane once the final hole at Tim is complete in early September."
Additional exploration activities at Haldane may include further trenching and airborne geophysics to help refine exploration targets, identify potential new vein structures, and extend known mineralization.
With approximately 1,000 meters of drilling planned for the current program, Silver North has begun its renewed journey to advance its flagship project in one of Canada's most historically significant silver districts.
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