Silver North Resources
Silver North Resources is a Canadian junior silver exploration company operating the flagship 8,579-hectare Haldane Silver Project in Yukon's historic Keno Hill Silver District adjacent to Hecla Mining's mine, with additional projects at Tim and Veronica. Pre-revenue and funded through equity financings, the company targets high-grade silver-lead-zinc discoveries for resource-sector investors.
- Company typePublic
- Founded2015
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Silver North Resources does
Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF, Frankfurt: I90) is a Canadian junior mineral exploration company headquartered in Vancouver, British Columbia, focused exclusively on the exploration and development of silver and base metal resources in the Yukon Territory. The company was formed in 2015 through the reorganization of Tarsis Resources and Estrella Gold and operated as Alianza Minerals Ltd. until a 2025 rebranding to its current name and ticker. Its flagship asset is the 8,579-hectare Haldane Silver Project located 25 km west of Keno City in the historic Keno Hill Silver District, adjacent to Hecla Mining's producing Keno Hill Silver Mine. Additional assets include the Tim Silver Project (returned from Coeur Mining option in May 2026), the Veronica Silver Project in the Silvertip-Midway District, and a portfolio of earlier-stage properties in Yukon, Nevada, and royalty interests in Mexico and Peru.
Silver North applies conventional but modern mineral exploration techniques including diamond drilling, airborne electromagnetic surveys (SkyTEM312 at Haldane and VTEM at Veronica), and geochemical sampling to identify high-grade Keno-style silver-lead-zinc vein systems. The company's 2025 drilling returned 818 g/t silver over 13.15 metres in hole HLD25-31 at Haldane and surface float samples grading up to 2,860 g/t silver at Veronica. The 2026 exploration program is fully funded through 2027 and includes 10,000 to 14,000 metres of drilling at Haldane. The company holds a Class 3 Mining Land Use permit for Haldane valid through November 2028.
The company is pre-revenue and operates a prospect generator business model, funding operations entirely through equity financings and flow-through share offerings rather than operating cash flow. Its products are mineral resource discoveries rather than commercial goods, and its "customers" are resource-sector investors, institutional and retail, seeking exposure to silver and precious metals through junior mining issuers. The company's go-to-market motion centers on capital markets activities — engaging investor relations consultants (ImpactDeck), maintaining analyst coverage (Red Cloud Securities), and issuing press releases through financial news wires to attract equity investment, partnership, or acquisition.
Silver North Resources firmographics
Firmographics- Name
- Silver North Resources
- Legal name
- Silver North Resources Ltd.
- Website
- https://silvernorthres.com
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Silver North Resources is a Canadian junior silver exploration company operating the flagship 8,579-hectare Haldane Silver Project in Yukon's historic Keno Hill Silver District adjacent to Hecla Mining's mine, with additional projects at Tim and Veronica. Pre-revenue and funded through equity financings, the company targets high-grade silver-lead-zinc discoveries for resource-sector investors.
- Ownership category
- akta.pro rank
Silver North Resources industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222), Copper, Nickel, Lead, and Zinc Mining (212230)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Silver Mining (IMAKAEAB)
- akta.pro secondary industries
- Precious Metals Exploration & Project Development (IMAKAEAI), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA), Copper Exploration & Resource Development (IMAKADAA)
Keywords
Where Silver North Resources is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Silver North Resources business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Exploration Stage (Pre-Revenue): Silver North Resources is a pre-revenue mineral exploration company. The company does not generate revenue from operations. Funding comes entirely from equity financings, private placements, and flow-through share offerings. The company advances projects to increase resource estimates with the goal of attracting partners, being acquired, or advancing to production.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Silver North Resources product offering
Product offeringCore offering
Silver North Resources is a junior mineral exploration company focused on the exploration and development of silver and base metal resources, primarily in Yukon Territory, Canada. The company operates a portfolio of exploration projects employing diamond drilling, airborne geophysical surveys (SkyTEM312 and VTEM), and geochemical sampling to identify and expand high-grade silver-lead-zinc mineralization. At pre-revenue stage, the company funds exploration through equity financings and seeks to advance projects to attract investment, joint-venture partners, or acquisition by producing miners.
Product overview
Silver North Resources is a Canadian silver exploration company operating a portfolio of mining exploration projects in Yukon Territory, Canada, with a focus on silver and precious metals. The company's primary assets include the flagship Haldane Silver Project (100% owned, adjacent to Hecla Mining's Keno Hill Mine), the Tim Silver Project (under option to Coeur Mining), and the Veronica Silver Project. The company employs a prospect generator model, maintaining a diversified portfolio of early to mid-stage exploration projects across Yukon, with additional royalty interests in Mexico and Peru. The exploration program utilizes diamond drilling, airborne geophysical surveys (SkyTEM and VTEM), and field mapping to identify and expand high-grade silver mineralization.
Differentiator
Problem solved
Functional benefit
Products and services
- Haldane Silver Project Flagship silver exploration project located 25 km west of Keno City, Yukon, adjacent to Hecla Mining's Keno Hill Silver Mine. The 8,579 hectare property hosts numerous silver-lead-zinc-bearing quartz siderite veins with three Keno-style silver vein discoveries made in 24 drillholes. Main Zone mineralization identified over 100 metres of strike and approximately 300 metres downdip.
- Tim Silver Project Silver exploration project located in southern Yukon Territory near Coeur Mining's Silvertip Mine. The property is prospective for Carbonate Replacement Deposit (CRD) style silver-lead-zinc mineralization. Coeur completed 2,250 metres of drilling in six holes in 2024 confirming CRD-style mineralization. Silver North retains full interest following Coeur's option termination.
- Veronica Silver Project Silver exploration project in the Silvertip-Midway District of southern Yukon Territory. Part of the GDR Project. The 2025 program discovered high-grade silver mineralization with rock samples returning 2,860 g/t silver and expanded the Betty anomaly to 1,000m by 1,000m.
- Ashby Property Gold exploration property located in Nevada's Walker Lane Mineral Belt, 21 km southeast of Hawthorne, in Mineral County. Currently leased to Nevada Canyon Gold Corp.
- White River Property Gold-silver exploration property in southwest Yukon Territory.
- MOR Property VMS (Volcanogenic Massive Sulfide) target in southern Yukon Territory. Drilling in 2007-2008 intersected massive and semi-massive sulphides including a 7.80 metre intersection averaging 1.18% copper, 1.26 g/t gold, 52.2 g/t silver and 1.52% zinc.
- Goz Creek Property Mississippi Valley Type (MVT) zinc-silver target located 180 km northeast of Mayo, YT. Historical drilling intersected 13.55% zinc and 29.88 g/t silver over 40.68 metres.
- Pucarana Property Silver-gold property in Peru with a 1.08% NSR royalty. Adjacent to Buenaventura's Chipmo gold mine.
- Mexico Royalties Three gold projects in Mexico held as 1% NSR royalties (capped at $1 million each), currently held by Almadex Minerals Ltd.
Quantifiable outcome
- 818 g/t silver over 13.15 metres including 2,014 g/t silver over 3.2 metres in hole HLD25-31
- +2 more outcomes
Companies that use Silver North Resources
Customer profileSegments1 record
Ideal customer profiles1 record
Silver North Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Silver North Resources partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered major, minor and core.
- Coeur Mining Inc.majorCoeur Mining optioned the Tim Silver Property from Silver North, with option to earn 51% interest by funding $3.5 million in exploration over 5 years and making staged cash payments totalling $275,000, with option to earn 80% by completing positive feasibility study. Coeur terminated the option agreement as of May 24, 2026 to focus on Silvertip Mine. Silver North retains full interest in Tim Property.
- ImpactDeckminorInvestor relations consulting firm engaged to assist Silver North in increasing visibility within the investment community. Based in Montreal, Quebec, led by James McFarland. Contract at $5,000/month for six-month initial term ending October 1, 2026.
- Boart LongyearcoreTwo-year drill contract signed for the 2026 and 2027 Haldane silver exploration programs. Two diamond drilling rigs provided for the entirety of both field seasons with mobilization around mid-March each year.
- SkyTEM Canada Inc.coreContracted to conduct SkyTEM312 survey over the Haldane project. Survey consists of 100 metre spaced flight lines with 1,000 metre spaced tie lines for a total of 944 line-kilometres collecting both magnetics and time domain electromagnetic data.
- Geotech Ltd.coreContracted to conduct VTEM (Versatile Time Domain Electromagnetic) survey over the Veronica project. Survey consists of 100 metre spaced flight lines with 1,000 metre spaced tie lines for a total of 243 line-kilometres to help map geology and structural architecture.
- Red Cloud Securities Inc.coreBrokered private placement agent for the LIFE (Lottery Exempt) flow-through financing. Upsized from C$5 million to C$7 million due to strong investor demand. Offering consisted of units at C$0.40 and flow-through units at C$0.56.
- Almadex Minerals Ltd.minorAlmadex holds NSR royalties ranging from 0.5% to 2.0% on various properties including Silver North's projects, generated through Almadex's prospect generator model. Silver North sold Mexican properties to Almadex in 2016 for 1% NSR.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Silver North Resources competitors and assessment
Company assessmentEmerging players
- SilverCrest Metals Inc. Junior silver producer operating the Las Chispas mine in Mexico. SilverCrest transitioned from explorer to producer, providing a roadmap comparable for Silver North's potential development trajectory.
- MAG Silver Corp. Silver-focused mining company with the Juanicipio joint venture in Mexico. MAG Silver operates as a higher-quality silver developer with established production exposure, making it a relevant comparable for valuation benchmarks.
- Kodiak Copper Corp. Canadian copper-gold explorer with a board connection through Director Nancy Curry (VP Corporate Development). While focused on copper, Kodiak represents a comparable Canadian junior mining company at similar scale and exploration stage.
Direct peers
- Discovery Silver Corp. Silver-focused explorer-developer with the Cordero project in Mexico. Discovery Silver is at a comparable development stage and represents a peer pure-play silver company for valuation and exploration methodology comparisons.
- Vizsla Silver Corp. Junior silver explorer advancing the Panuco project in Mexico. Vizsla represents a comparable pure-play silver developer at a similar exploration stage, offering read-throughs on resource definition timelines and silver market valuations.
- Alexco Resource Corp. Previously the operator of the Keno Hill Silver Mine (now owned by Hecla), Alexco is a historic peer operating in the same district. While Alexco's Keno Hill assets were acquired by Hecla in 2022, the company remains a relevant comparable for Keno Hill district silver projects.
- Dolly Varden Silver Corporation: Canadian junior silver explorer with high-grade silver projects in British Columbia's Golden Triangle. Dolly Varden is a comparable pure-play silver explorer at a similar stage, providing direct read-throughs on silver exploration market dynamics and investor sentiment.
- Hecla Mining Company: Hecla operates the producing Keno Hill Silver Mine immediately adjacent to Silver North's flagship Haldane property in the Keno Hill Silver District. As the dominant operator in the district and a major silver producer, Hecla is the most directly comparable peer and a potential acquirer of Silver North's assets.
Broad incumbents
- Coeur Mining Inc. Major silver and gold producer that previously optioned Silver North's Tim Property. Coeur operates the Silvertip Mine in the same southern Yukon district and provides direct read-throughs on district economics despite its broader diversified mining portfolio.
- Avino Silver & Gold Mines Ltd. Intermediate silver-gold producer with operations in Mexico. Avino provides a comparable profile for a smaller silver-focused producer, offering insight into the transition from junior explorer to producing miner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Silver North Resources social profiles
Digital presenceSilver North Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Silver North Resources leadership team
Management profileNumber of profiles
Profiles7 records
Silver North Resources funding detail
Funding detailFunding overview
Funding rounds6 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Silver North Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Silver North Resources
What does Silver North Resources do?
Silver North Resources is a junior mineral exploration company focused on the exploration and development of silver and base metal resources, primarily in Yukon Territory, Canada. The company operates a portfolio of exploration projects employing diamond drilling, airborne geophysical surveys (SkyTEM312 and VTEM), and geochemical sampling to identify and expand high-grade silver-lead-zinc mineralization. At pre-revenue stage, the company funds exploration through equity financings and seeks to advance projects to attract investment, joint-venture partners, or acquisition by producing miners.
Is Silver North Resources a public or private company?
Silver North Resources is a public company. It is classified as public and is currently operating.
When was Silver North Resources founded?
Silver North Resources was founded in 2015. It employs 1 to 10 people.
Where is Silver North Resources based?
Silver North Resources is headquartered in Vancouver, Canada, in the North America region.
How does Silver North Resources make money?
One revenue line is on record: exploration Stage (Pre-Revenue).
Who are Silver North Resources's main competitors?
Emerging players on record are SilverCrest Metals Inc., MAG Silver Corp. and Kodiak Copper Corp.. Direct peers are Discovery Silver Corp., Vizsla Silver Corp., Alexco Resource Corp., Dolly Varden Silver Corporation and Hecla Mining Company. Broad incumbents are Coeur Mining Inc. and Avino Silver & Gold Mines Ltd..
Does Silver North Resources have an API?
No public API is recorded for Silver North Resources.
What industry is Silver North Resources in?
Silver North Resources's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKAEAB, Silver Mining, with a secondary code of IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 212220 and its SIC code is 1040.