The Silver North cuts 9.10 meters averaging 428.3 g/t silver and 0.73 g/t gold from 182.40 meters at the Haldane Silver Property, Yukon

• Includes 2.80 m of silver at 1,069 g/ton and 1.41 g/ton gold in HLD25-36.

• Mineralization on the main fault intersected during drilling on three sections in the 2025 program, representing an impact extent of approximately 100 meters and a downdip depth of 150 metres.

• Strong gold values ​​consistent with previous intersections of the main fault.

Vancouver, BC, January 12, 2026 TheNewswire Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) “Silver North” or the “Company”) announces that the Company has received results from the remaining two holes of the 2025 exploration program on its flagship Haldane Silver Property in the historic Keno Hill Silver District, Yukon. The results include 2.80 meters averaging 1,069 grams silver, 1.41 grams gold, 12.60% lead and 3.01% zinc within a larger intercept of 9.10 meters of 428 grams silver, 0.73 grams gold, 5.26% lead and 1.73% zinc from 182.40 meters downhole. A total of eight holes (totaling 1,759.5 metres) were completed in the 2025 programme, seven of which successfully tested the main fault, which intersected the silver-bearing siderite sulphide vein and vein breccia mineralization. One hole (HLD25-37) was abandoned within what is interpreted as the main fault, but no core was recovered. The road-accessible 8,579 hectare Haldane Property is located 25 km west of Keno City, YT, adjacent to Hecla Mining’s producing Keno Hill Silver Mine property, and is home to numerous specimens of silver-lead-zinc-bearing quartz siderite veins similar to the ore-bearing veins mined at Keno Hill.

“The Main Fault appears to be a strong and complex fault structure capable of hosting high-grade silver, gold, lead and zinc mineralization. We are still in the early days of unveiling the potential of this target, one of three new discoveries Silver North has made on the property to date,” said Jason Weber, P.Geo., President and CEO of Silver North. “With funding already in place to start the 2026 program as early as possible, we will soon be planning the next program to further define the potential of the Main Fault and other targets at Haldane.”

HLD25-36 and 38 were drilled outside the section to test for structures inclined to the main fault (“coupling” or “transverse” faults), and to investigate vein and structure continuity within the main fault complex. The table of collar locations and plan below indicate the collar and hole orientation relative to the rest of the main fault. As at other intersections at the Main Fault and elsewhere on the Haldane property, the mineralization in both holes consists of siderite +/- quartz, galena and sphalerite veins and breccias, as well as highly damaged and comminuted vein and vein breccia material.

Table 1: Drilling in 2025 – significant results HLD25-36 and 38

1Silver equivalent values ​​are calculated assuming typical recoveries based on metallurgical investigations conducted on a series of analogous vein deposits and are not necessarily reflective of on-site metallurgy. No metallurgical work has been reported on site. The recovery used is 92% silver, 70% gold, 88% lead and 70% zinc. The silver equivalent formula: using the formula: ((35 * silver (g/t)*0.92 / 31.1035) + (3000 * gold (g/t)*0.70 / 31.1035) + (1.00 * 2204 * lead %*0.88/100) + (1.20 * 2204 * zinc %*0.70/100)) *(31.1035 / 35). Assumptions for metal prices are US$35/oz silver, US$3,000/oz gold, US$1.00/lb lead and US$1.20/lb zinc. True widths are unknown.

HLD25-36 intersected two spreads of the main fault over 31 meters, starting at 161.0 m, separated by 18.25 meters of weaker structurally influenced quartzite, phyllitic quartzite, and phyllite with anomalous silver between the upper and lower spreads. The entire 161.00 to 192.00 meters yielded 174 g/ton silver, 0.26 g/ton gold, 1.68% lead and 0.64% zinc. The upper spread, from 161.00 to 164.15, yielded 3.15m, averaging 228 g/t silver, 0.10 g/t gold, 0.48% lead and 0.45% zinc, while the more highly mineralized lower spread averaged 428 g/t silver, 0.73 g/t gold, 5.26% lead and 1.73% zinc amounted to. 9.10 meters from 182.4 m in the hole. A high-grade part of this interval, from 188.00 to 190.80 m, averaged 1,069 g/t silver, 1.41 g/t gold, 12.60% lead and 3.02% zinc over a distance of 2.80 metres.

HLD25-38 intersected multiple mineralized intervals from 177.00 meters depth. A 1.50 meter section of brecciated vein material yielded 406 g/t silver, 0.10 g/t gold, 3.13% lead and 0.18% zinc, over 17.80 meters of quartzite, minor vein breccia and phyllitic quartzite graded into silver, lead and zinc from 178.50 to 196.30 metres. The lower portion of the Main Fault mineralization was intersected from 196.30 to 218.30 metres, a 22 meter zone that includes a highly mineralized section of 1.90 meters averaging 437 g/t silver, 0.35 g/t gold, 14.55% lead and 4.04% zinc.

Table 2: Drilling in 2025 – collar location data (NAD83, UTM Zone 8)

The company has now received all outstanding analytical results from the 2025 program. One hole, HLD25-37, was not sampled because the hole had to be abandoned in what is interpreted as the start of the main fault, and no core was recovered. Management is now focused on interrogating the full Main Fault dataset to identify mineralization controls in preparation for the 2026 program. Now that funding is in place, management plans to begin an airborne geophysical survey in late Q1 or early Q2 of this year. This timing would allow interpretation of the airborne data to further inform targeting, with drilling commencing as soon as site conditions permit.

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Figure 1: Map of the drilling plan for the major faults

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Figure 2: Cross section De-De’

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Figure 3: Cross section Df-Df’

Quality assurance/quality control

All samples were analyzed by 33 element four-acid digestion ICP-MS methods (ME-ICP61 and ME-MS61) at ALS Canada Ltd. Sample preparation was completed in Whitehorse, Yukon and geochemical analyzes were performed in Vancouver, British Columbia. Samples containing silver and gold in excess were reanalyzed using a 30 gram fire test fusion with a gravimetric finish. Lead and zinc samples above the limit were analyzed using four acid digestion and atomic absorption spectrometry. All results have passed the laboratory’s QA/QC screening. Hardline Exploration Ltd, of Smithers, BC operates and manages the Haldane project. Hardline used a quality control and quality assurance protocol for the drill core samples, including blank, duplicate and standard reference samples.

About Silver North Sources Ltd.

Silver North’s primary assets Are are 100% property Haldane Ssilver Pproject (next Unpleasant Hecla Mining Inc.’s Keno Hill Mine project), the Tim Silver Project (under option to Coeur Mining, Inc. in the Silvertip/Midway District, BC and Yukon) and the DDR project also in the Silvertip/Midway District. Silver North Also plans Unpleasant acquire additional silver properties in favorable jurisdictions.

The company is stated on the TSX Venture Exchange under the symbol “SNAG”, acts on the OTCQB market in the United States under the symbol “TARSF”, And under the symbol “I90” on the Frankfurt Stock Exchange.

Mr. Jason Weber, P.Geo., President and CEO of Silver North Resources Ltd. is a qualified person as defined Through National Instrument 43-101. Mr. Weber guided the preparation by the technical information contained in this press release and approved the press release.

For further information, contact:

Jason Weber, chairman And CEO

Sandrine Lamb, Shareholder Communication

Telephone: (604) 807-7217

Fax: (888) 889-4874

For more information visit: www.silvernorthres.com

X: https://X.com/SilverNorthRes

LinkedIn:

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