Silver North Hits Bigly Silver

Bob Moriarty
Archives
Nov 18, 2025

I told investors what was about to happen with Silver North (SNAG-V) four months ago when the shares were a tiny $.195 a share before they rode the silver bull and doubled in the next two months. While I still expect a market correction in the metals the price of silver is holding solidly around $50 an ounce making high grade silver projects potential sleeping giants.

On November 17th SNAG announced the first three holes of their 2025 drill program. The entire program at Haldane consisted of a total of eight holes in 1,760 meters of drilling. Five more holes will be released shortly.

The results were outstanding showing 13.15 meters of 818 g/t Ag with a surprising 1.39 g/t gold, 2.54% lead and 0.98% zinc. I’m quite comfortable using gram-meters of gold so everyone can get a basic understanding of the value of the rock in the ground.

This hole HLD25-31 came up with 150.34-gram meters if you think of the project in AuEq terms. Still, it is primarily a silver hole with silver comprising 80% of the value of the metal in the ground. But in Au gram-meter terms anything over 100 g/m is outstanding. If you only consider the value of the rock in the ground that intercept would represent $1,051 in USD in the ground. Naturally actual recovery would be lower.

We are in perilous times. The Japanese carry trade is blowing up as their interest rates climb to the sky. The US has to determine how to refinance $7 trillion in the next short while. Bitcon and its 15,000 variations is crashing. The world is trying to rid themselves of the USD and as a result metals can go far higher.

I do see a major crash on the horizon. We had the first tremors on October 31st as the Repo market blew up. That’s exactly what happened in September of 2019 before the major market swoon in March of 2020 when silver went below $12 an ounce.

The companies with unlimited growth potential are the juniors, especially those whose primary metal is silver. At today’s price, the market cap of Silver North is under $20 million Canadian. The company closed a $2.5 million placement in July so is in good condition financially. Expect the final 2025 five drill holes to be released soon.

I participated in the Silver North private placement. Silver North is an advertiser so that makes me biased. Do your own due diligence.

Silver North Resources Ltd
SNAG-V $.25 (Nov 17, 2025)
TARSF-OTCQB 75.3 million shares 
Silver North Resources website

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Bob Moriarty
President: 321gold
Archives

321gold Ltd