Silver North's Veronica Property Yields 76.8% Lead with Previously Reported 2,860 g/t Silver Discovery at Betty Target

Original announcement by tmx on

Company
Silver North Resources Ltd.
Ticker
SNAG
Exchange
TSX
Region
Yukon Territory
Primary commodity
Silver
Secondary commodities
Lead, Zinc, Gold, Copper, Antimony
Document categories
Drill results, Other
Extracted
2026-08-24 10:53:32 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver North Resources reported high-grade lead and silver assay results from surface float and outcrop samples at the Lodge and Cooper showings within the Betty Target. The results include a massive sulphide cobble returning 76.8% Pb and 2,860 g/t Ag, supporting the potential for CRD-style mineralization.

Reasoning: High-grade lead (76.8%) and silver (2,860 g/t) results from surface samples indicate significant potential at the Betty Target, though lack of drill intercepts limits geological certainty.

Positive factors

  • High-grade lead and silver intercepts in massive galena
  • QA/QC disclosed with accredited lab and QP sign-off
  • Discovery of new showings (Lodge and Cooper)

Negative factors

  • Samples are float/outcrop only, not drill intercepts
  • Historical silver results restated

Facts used in scoring: 11

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions ALS Minerals (accredited lab), chain of custody, and specific assay methods.

Evidence · text

“ALS laboratory ( an independent accredited laboratory)”

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: Antimony (Sb) is reported in the assay results.

Evidence · text

“2,250 ppm Sb”

Extracted facts

Stored fact records: 11. Some facts used in scoring do not have a stored record.

Drill Results (11)

Fact 1silverGrade: 2860Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Ticker
SNAG

Geometry

Grade
2860
Grade Unit
g/t

Classification

Sample Type
surface
Group ID
K665269:0-0

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: 2,860 g/t Ag is an exceptional grade for silver.

Positive factors

  • Bonanza grade silver

Negative factors

  • Surface sample only
Fact 2goldGrade: 0.412Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Ticker
SNAG

Geometry

Grade
0.412
Grade Unit
g/t

Classification

Sample Type
surface
Group ID
K665269:0-0

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-10-28T00:00:00.000Z

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Low grade gold in a silver-lead sample.

Fact 3leadGrade: 76.8Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
lead
Ticker
SNAG

Geometry

Grade
76.8
Grade Unit
%

Classification

Sample Type
surface
Group ID
K665269:0-0

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: 76.8% Pb is an exceptional grade for lead.

Positive factors

  • Exceptional lead grade

Negative factors

  • Surface sample only
Fact 4copperGrade: 0.13Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
copper
Ticker
SNAG

Geometry

Grade
0.13
Grade Unit
%

Classification

Sample Type
surface
Group ID
K665269:0-0

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Trace copper in a silver-lead sample.

Fact 5zincGrade: 0.18Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
zinc
Ticker
SNAG

Geometry

Grade
0.18
Grade Unit
%

Classification

Sample Type
surface
Group ID
K665269:0-0

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Trace zinc in a silver-lead sample.

Fact 6antimonyGrade: 2250Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
antimony
Ticker
SNAG

Geometry

Grade
2250
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
K665269:0-0

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Presence of antimony as a potential penalty element.

Negative factors

  • Deleterious element present
Fact 7silverGrade: 213Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Ticker
SNAG

Geometry

Grade
213
Grade Unit
g/t

Classification

Sample Type
surface
Group ID
K665270:0-0

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Strong silver grade in a surface sample.

Fact 8leadGrade: 9.6Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
lead
Ticker
SNAG

Geometry

Grade
9.6
Grade Unit
%

Classification

Sample Type
surface
Group ID
K665270:0-0

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Strong lead grade in a surface sample.

Fact 9antimonyGrade: 367Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
antimony
Ticker
SNAG

Geometry

Grade
367
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
K665270:0-0

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Presence of antimony.

Negative factors

  • Deleterious element present
Fact 10silverGrade: 33.17Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Ticker
SNAG

Geometry

Grade
33.17
Grade Unit
g/t

Classification

Sample Type
surface

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Moderate silver grade from outcrop.

Fact 11leadGrade: 1.36Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
lead
Ticker
SNAG

Geometry

Grade
1.36
Grade Unit
%

Classification

Sample Type
surface

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Low lead grade from outcrop.

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.