Silver North Resources and Coeur Mining Launch Major Yukon Exploration Program

Silver North Resources Corp. is preparing for an ambitious 2024 drilling program at the Tim Property in the Yukon Territory, currently under an option agreement with Coeur Mining, Inc. The exploration efforts target silver-lead-zinc Carbonate Replacement Deposit mineralization similar to that found at Coeur's Silvertip Mine Property, located just 19 km away. According to Silver North Resources CEO Jason Weber, Coeur Mining plans to initiate the 2024 program in June, focusing on drilling, geochemical sampling, and drill pad and access development.

The exploration campaign aims to complete approximately 2,000 meters of drilling from up to six drill pads, testing the potential for CRD-style mineralization along almost 2,000 meters of strike length of prospective stratigraphy. Weber highlighted the strategic advantages of the Tim property, including its road access, which is a rarity in Yukon exploration. Thanks to its proximity to the access road leading to the Silvertip mine, the Tim Property enjoys significant logistical advantages that could accelerate exploration timelines and reduce costs.

The geological potential of the region, combined with previous findings and the property's strategic location, underscores the project's significance in the broader Yukon mining landscape. Weber emphasized the exploration's potential to add value to Silver North Resources' portfolio and share price, independent of silver price fluctuations. The company aims to achieve a discovery that enhances its overall value, demonstrating its commitment to advancing exploration efforts and unlocking the full potential of the Tim Property.

The 2024 drill campaign with Coeur Mining represents a significant step in Silver North Resources' strategic exploration initiatives. The program's focus on CRD-style mineralization along extensive strike lengths positions the company to potentially identify substantial mineral resources. The collaboration with Coeur Mining, an established mining company with experience in similar geological settings, adds technical expertise and financial backing to the exploration efforts.

Weber's comments underscore the company's focus on creating shareholder value through strategic exploration initiatives that leverage the Tim Property's geological potential and logistical advantages. The program's timing and scale reflect confidence in the property's prospectivity and the potential for significant mineral discoveries. The exploration results from this campaign could have substantial implications for both companies' future development plans in the Yukon region.