Silver North Resources and Coeur Mining Launch Major 2024 Exploration Program at Yukon's Tim Property

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 will focus on uncovering silver-lead-zinc Carbonate Replacement Deposit mineralization similar to that found at Coeur's Silvertip Mine Property, located just 19 kilometers away. According to Silver North Resources CEO Jason Weber, Coeur Mining plans to initiate the 2024 program in June, concentrating 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 nearly 2,000 meters of strike length of prospective stratigraphy. Weber emphasized the strategic advantages of the Tim property, particularly its road access, which is uncommon in Yukon exploration. The property's proximity to the access road leading to the Silvertip mine provides significant logistical benefits that could accelerate exploration progress and reduce operational costs compared to more remote properties in the region.

Weber highlighted the exploration's potential to add substantial value to Silver North Resources' portfolio and share price, independent of silver price fluctuations. The company's primary objective is achieving a discovery that enhances its overall value, demonstrating commitment to advancing exploration efforts and unlocking the full potential of the Tim Property. The CEO's comments underscore the company's focus on creating shareholder value through strategic exploration initiatives, with the 2024 drill campaign representing a critical step toward this goal. The partnership with Coeur Mining brings additional expertise and resources to the project, leveraging Coeur's extensive experience in similar geological settings and mining operations.

The geological similarities between the Tim Property and the producing Silvertip Mine, combined with the property's accessibility and previous exploration results, position this campaign as a significant opportunity for mineral discovery in the Yukon. The extensive strike length being tested provides multiple targets for mineralization, increasing the probability of successful exploration outcomes. The 2024 program builds on previous work conducted at the property and represents one of the most comprehensive exploration efforts undertaken at the site to date.