Open account

Airborne Geophysical Survey Completed at Silver North's Haldane Silver Project, YT and Silver North Retains Full Ownership of the Tim Property, YT

Silver North completed a SkyTEM312 airborne geophysical survey (944 line‑kilometres) over its Haldane silver project, data the company expects to use to prioritize 2026 drilling targets. Coeur Mining has notified Silver North it will terminate the Tim Property option on May 24, 2026, returning full ownership to Silver North; Coeur previously completed 2,250 m in six holes in 2024 and confirmed a CRD-style system. Historic/ recent results cited include trenching with 468.1 g/t Ag and 21.1% Pb over 4.0 m and a best drill intercept of 3.39 m grading 52.8 g/t Ag (plus Au, Pb, Zn). Management says the company is fully funded for 2026–2027 drilling and will integrate airborne and legacy datasets to refine drill targets. Market impact: the survey completion, confirmed CRD indicators and funding for follow-up drilling support a bullish outlook for Silver exposure and for silver (XAGUSD) sentiment if drilling successfully converts targets to resource upside.

Category

Silver

Sentiment

Bullish

Event

Corporate action

Reading time

1 min