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TICKERS: SNAG; TARSF

Silver Co. in the Yukon Hits Best Hole Yet
Contributed Opinion

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Bob Moriarty Bob Moriarty of 321Gold shares his thoughts on Silver North Resources Ltd. (SNAG:TSX.V; TARSF:OTCQB) after it reported its highest hole to date.

Silver and gold repose patiently in limbo, awaiting the Lunar New Year's conclusion in a week, so we can allow the Chinese to enlighten us on their designs for the metals henceforth. The DSI for gold stands at 66 and 62 for silver. That signals nothing, but it appears to me the world anticipates what unfolds subsequently. Silver SHOULD persist in correcting but Mr. Market can't quite resolve his stance.

I shall report on one of my cherished silver equities that I've expounded upon thrice in the prior eight months. I surmise all the segments were equally tedious. Silver North Resources Ltd. (SNAG:TSX.V; TARSF:OTCQB) persists in striking dazzling silver intercepts. I last reported on Silver North on December 12, on November 18, and back in July.

Silver North is situated in the Yukon with its Haldane Silver Property nestled deep in the Keno Hill Silver District. Today, the enterprise disclosed the highest-grade hole they've ever drilled. Tedious, tedious, tedious. Who would fancy procuring an ultra-high-grade silver company with silver at US$80 per ounce?

The response, naturally, is virtually everyone. Silver is in dearth with the demand facet coveting considerably more physical silver than exists on the shelf.

Today's press release conveyed results from eight holes with prodigious hits in seven of the eight, including:

HLD25-31 yielding 13.15 meters of 818 g/t Ag or 896 g/t Silver Eq and HLD25-32 exhibiting 22.65 meters of 160 g/t Ag or 187 g/t Ag Eq and HLD25-33 reporting 5.56 meters of 176 g/t Ag or 224 g/t Ag Eq and HLD25-34 with 13.60 meters of 146 g/t Ag or 204 g/t Ag Eq and HLD25-35 had 27.90 meters of 153 g/t Ag or 172 g/t Ag Eq and HLD25-36 gave 3.15 meter of 228 g/t Ag or 232 g/t Ag Eq and HLD25-37 found some rocks HLD25-38 showed 1.5 meter of 406 g/t Ag or 436 g/t Ag Eq.

The company has executed an exceptional job of capitalizing while circumstances are auspicious. They amassed CA$13 million, which shall wholly fund the ensuing two years. Silver North will employ two drills this year, with its exploration commencing in May. The 2026 drill program will encompass between 5,000 and 7,000 meters.


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Important Disclosures:

  1. Silver North Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.
  2. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Silver North Resources Ltd.
  3. Bob Moriarty: I, or members of my immediate household or family, own securities of: Silver North Resources Ltd. My company has a financial relationship with: Silver North Resources Ltd. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.
  4. Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found  below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. 
  5.  This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. 

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