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Silver North Resources Ltd. V.SNAG

Alternate Symbol(s):  TARSF

Silver North Resources Ltd. is a Canada-based company, which is focused on silver discoveries in the Keno Hill Silver District of the Yukon, including Silver North’s Haldane Project, where high grade silver has been identified in drilling at two target areas. It holds the Tim silver property in the southern Yukon, where partner-funded exploration has identified high-grade silver mineralization just 19 kilometers (km) from the Silvertip mine. Haldane property is an under-explored high-grade silver property. The 8,164-hectare property hosts structurally controlled silver veins within the traditional territory of the First Nation of Na-Cho Nyak Dun. Its Tim property consists of 72 mineral claims located 72 km west of Watson Lake, Yukon and 12 km northeast of the Silvertip deposit. Its Tim property claims cover an area of anomalous silver-lead-zinc in soil geochemistry. Its other projects include Klondike Project, Ashby, White River, MOR Property, Goz Creek, Pucarana and Mexico Royalties.


TSXV:SNAG - Post by User

Post by zack50on Jun 18, 2021 4:10pm
289 Views
Post# 33412790

Alianza Minerals Closes Flow-Through Private Placement

Alianza Minerals Closes Flow-Through Private Placement

Vancouver, BC - TheNewswire - June 16, 2021 - Alianza Minerals Ltd. (TSXV:ANZ) (OTC:TARSF) ("Alianza" or the "Company") is pleased to report that the financing announced on May 31, 2021 and June 9, 2021 has now been closed. A total of $1,261,240 from the issuance of the flow-through shares was raised to increase the size of the Company's Haldane Silver Project drill program in the Keno Hill District, Yukon.

"We are delighted to have the continued support from our shareholders. Our drilling program at Haldane is well underway and with this financing closed, we will continue to follow up on the excellent results from the 2020 program," stated Jason Weber, P.Geo., President and CEO of Alianza.

Financing Terms - Flow-Through Shares

The flow-through shares will be eligible for a tax deduction for Canadian income tax payers for 2021. These shares were issued at $0.12 per share and the proceeds will be spent on qualifying exploration expenditures in the Yukon Territory. A total of 10,510,333 flow-through shares were issued at closing.

Finder's fees of 7% in cash and 7% in finder's warrants were paid to eligible parties. All securities are subject to a four-month hold expiring on October 15, 2021.


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