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Jason Webber of Silver North Resources Ltd. talks to Peter Krauth | Metals Investor Forum Sept. 2026

Metals Investor Forum Sep 25, 2026 13:29

Summary

Silver North's CEO argues brand-new discoveries in Yukon's century-old Keno Hill district show historic silver camps still hide overlooked high-grade veins.

Haldane returned 13 meters of 818 grams per ton silver with gold — high grades that can add ounces quickly even in small deposits.

Hecla's arrival in the district adds credibility and shared century-old data, and weak drill intercepts can flag high-grade 50 to 100 meters away.

At Veronica, the company targets CRD (carbonate replacement) deposits near Coeur's Silvertip mine, using geophysics, soils, and mapping to ground-truth anomalies.

Two rigs have drilled since early July with no assays (lab metal analyses) back yet; results from late September into January are the catalyst.

Key points on Coeur Mining

  • Weber says Coeur has a CRD-style deposit 19 kilometers south of Silver North's Veronica project and frames Veronica as a potential 'spoke' in a hub-and-spoke pattern around Coeur's Silvertip mine.
  • Weber positions his Haldane size framework so that Hecla, Coeur, or any other silver producer can run the numbers on how many ounces the project could hold.

Key points on Hecla Mining Company

  • Weber says Hecla's deep drilling in the Keno Hill district keeps returning very high grades from 600-800 meters depth, showing these silver zones continue well below the 350 meters Silver North has drilled so far.
  • Weber credits Hecla with actively sharing 100 years of district exploration data with the industry, which he says makes Silver North's own exploration at Haldane more successful.
  • Per Weber, Hecla's geologists say any hole that hits silver must be followed up, because an intercept that looks low-grade or uninteresting can turn into a high-grade one just 50-100 meters later.
  • Weber notes Silver North's Haldane claim package butts directly against Hecla's, about 20 kilometers from Hecla's Keno facilities, and that Hecla's arrival in the district gave it added credibility.

Peter Krauth's takeaways

  • Top takeaway Krauth argues the past year's silver price action has drawn a large new audience to the sector and that the move is merited by silver's demand, many applications, and supply-demand dynamics rather than sentiment alone.
  • Krauth concedes some investors bought silver at prices above current levels and may be disappointed, but he believes this is the right sector at a good time and that the market will last a while.

Jason Weber's takeaways

  • Top takeaway Weber's core argument is that Haldane's high-grade Keno-style veins can add ounces very quickly: the deposits are small (200-400 meters along strike and vertically) but a single 50-meter box around his 13-meter, 818 g/t silver intercept equals about 3.5 million ounces.
  • Weber argues the old view that Keno Hill veins turn zinc-rich at depth is outdated: the transition can be lateral rather than depth-controlled, and Hecla's hits at 600-800 meters show silver zones can continue deep.
  • Weber points to roughly 900 meters of thickness in the host unit that holds these veins as ground still open for exploration, including mineralization hidden under overburden the historic miners could not see.
  • Weber lays out the catalyst path from the interview date: first Haldane drill results expected by end of September 2026, results flowing steadily into January, then the next field program around April-May 2027 backed by the two-year treasury.
  • Weber frames his job as building a framework for how big Haldane could be — so others can envision 25, 40, or 50 million ounces — rather than setting a resource number himself.