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 progress and reduce operational costs compared to more remote Yukon properties.

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 objective is 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 strategic focus on creating shareholder value through well-planned exploration initiatives that leverage the property's geological potential and previous findings.

The 2024 drill campaign with Coeur Mining represents a significant advancement in the property's exploration history, building on previous work that identified promising mineralization targets. The partnership combines Silver North's local expertise with Coeur Mining's extensive experience in developing similar deposits, particularly their successful operations at the nearby Silvertip mine. This collaborative approach increases the likelihood of discovery success while sharing exploration risk and capital requirements between the two companies.

The timing of this expanded exploration program coincides with growing market interest in silver and base metals, though Weber emphasized that the project's value creation potential extends beyond commodity price cycles. The systematic exploration approach, combined with the property's strategic location and geological similarities to proven deposits, positions the Tim Property as a high-potential asset within Silver North's portfolio. The upcoming drilling results will be closely watched by investors and industry observers as they could significantly impact the company's valuation and future development plans.