Silver North Resources Corp. is gearing up for an ambitious 2024 drilling program at the Tim Property, located in the Yukon Territory. The property, currently under an option agreement with Coeur Mining, Inc., will see extensive exploration efforts aimed at uncovering silver-lead-zinc Carbonate Replacement Deposit (CRD) mineralization akin to that found at Coeur’s Silvertip Mine Property, situated just 19 km 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.
Weber highlighted the strategic advantages of the Tim property, including its road access, which is a rarity in Yukon exploration. Thanks to its proximity to the access road leading to the Silvertip mine, the Tim Property enjoys a logistical advantage. This accessibility, combined with the region’s geological potential and previous findings, underscores the project’s significance.
Moreover, 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. Weber’s comments underscore the company’s focus on creating shareholder value through strategic exploration initiatives. The busy 2024 drill campaign with Coeur Mining at the Tim Property represents a significant step in this direction.
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