Silver North Advances Exploration at Haldane Silver Property

The latest announcement is out from Alianza Minerals ( (TSE:SNAG) ).

Silver North Resources Ltd. has announced an update on its 2025 exploration program at the Haldane Silver Property in Yukon, where six holes have been drilled at the Main Fault target. The program aims to expand the discovery of high-grade silver veins made in 2024. The company is focusing on testing the strike and depth continuity of mineralization, with analytical results expected in early November. This exploration effort is crucial for Silver North’s strategic positioning in the historic Keno Hill Silver District, potentially enhancing its resource base and attracting stakeholder interest.

Spark’s Take on TSE:SNAG Stock

According to Spark, TipRanks’ AI Analyst, TSE:SNAG is a Neutral.

Alianza Minerals is significantly challenged by financial weaknesses, including no revenue and continuous losses, overshadowing its debt-free balance sheet. Despite positive technical indicators, the poor valuation and reliance on external funding limit the stock’s overall attractiveness. Strategic efforts and project developments are crucial to improving its financial health and investor appeal.

To see Spark’s full report on TSE:SNAG stock, click here.

More about Alianza Minerals

Silver North Resources Ltd. is a mining company primarily focused on silver exploration and development. Its key assets include the 100% owned Haldane Silver Project located next to Hecla Mining Inc.’s Keno Hill Mine project, the Tim Silver Project under option to Coeur Mining, Inc., and the GDR project in the Silvertip/Midway district. The company is listed on the TSX Venture Exchange, OTCQB market in the United States, and the Frankfurt Stock Exchange.

Average Trading Volume: 282,728

Technical Sentiment Signal: Buy

Current Market Cap: C$20.95M

Learn more about SNAG stock on TipRanks’ Stock Analysis page.