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 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 kilometers 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. This extensive program represents a significant investment in understanding the geological potential of the Tim Property and its similarities to the established mineralization at the nearby Silvertip operation. The strategic approach involves systematic testing of the property's most promising geological features.

Weber highlighted the strategic advantages of the Tim property, including its rare road access in Yukon exploration. Thanks to its proximity to the access road leading to the Silvertip mine, the Tim Property enjoys substantial logistical advantages that reduce exploration costs and improve operational efficiency. This accessibility, combined with the region's proven geological potential and previous findings, underscores the project's significance in the broader Yukon mining landscape. The property's location within a known mineralized district enhances its exploration appeal.

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 CEO's comments underscore the company's focus on creating shareholder value through strategic exploration initiatives rather than relying solely on commodity price movements. The busy 2024 drill campaign with Coeur Mining at the Tim Property represents a significant step in this strategic direction, potentially positioning Silver North Resources for substantial growth through successful exploration outcomes.