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Alianza Minerals ( (TSE:SNAG) ) has provided an update.
Silver North Resources Ltd. has announced promising results from its 2025 exploration program at the Haldane Silver Property in Yukon. The company reported significant mineralization from the first three holes, with notable silver and gold grades, extending the mineralization 90 meters downdip from previous discoveries. These results underscore the potential of the Haldane Property to yield high-grade silver and gold, enhancing Silver North’s position in the mining sector and potentially benefiting stakeholders through increased resource estimates.
Spark’s Take on TSE:SNAG Stock
According to Spark, TipRanks’ AI Analyst, TSE:SNAG is a Neutral.
Alianza Minerals is significantly challenged by financial weaknesses, including no revenue and continuous losses, overshadowing its debt-free balance sheet. Despite positive technical indicators, the poor valuation and reliance on external funding limit the stock’s overall attractiveness. Strategic efforts and project developments are crucial to improving its financial health and investor appeal.
To see Spark’s full report on TSE:SNAG stock, click here.
More about Alianza Minerals
Silver North Resources Ltd. operates in the mining industry, focusing on exploration and development of silver properties. The company’s primary focus is the Haldane Silver Property located in the Keno Hill Silver District, Yukon, known for its silver-lead-zinc-bearing quartz siderite veins.
Average Trading Volume: 233,547
Technical Sentiment Signal: Buy
Current Market Cap: C$19.57M
See more data about SNAG stock on TipRanks’ Stock Analysis page.