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 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 timelines and reduce costs compared to more remote properties in the region.

The geological potential of the area, combined with previous findings and the established infrastructure, underscores the project's significance in the broader Yukon mining landscape. Weber highlighted that the exploration's potential to add value to Silver North Resources' portfolio and share price remains independent of silver price fluctuations, providing a strategic advantage in volatile market conditions. The company's objective is to achieve a discovery that enhances its overall value, demonstrating commitment to advancing exploration efforts and unlocking the full potential of the Tim Property.

The 2024 drill campaign with Coeur Mining represents a substantial step forward in evaluating the property's mineral potential and could establish the Tim Property as a significant new discovery in the Yukon's mining sector. Weber's comments underscore the company's focus on creating shareholder value through strategic exploration initiatives, with the current program representing one of the most comprehensive exploration efforts undertaken at the property to date.