TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Alianza Minerals ( (TSE:SNAG) ) has provided an update.
Silver North Resources Ltd. has completed its 2025 exploration program at the Haldane Silver Property in the Keno Hill Silver District, Yukon. The company drilled eight holes totaling 1,759.5 meters to test the Main Fault target’s strike and depth continuity, with results expected soon. Additionally, over 15 square kilometers of LiDAR and photogrammetry surveys were conducted to aid in future drilling and modeling efforts. This program is crucial for Silver North’s strategic positioning in the silver mining industry, potentially enhancing its resource estimates and operational planning.
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. is a mining company primarily focused on silver exploration and development. Its key assets include the Haldane Silver Project in the historic Keno Hill Silver District, Yukon, the Tim Silver Project in the Silvertip/Midway District, and the GDR project in the same district. The company is actively seeking to acquire additional silver properties in favorable jurisdictions. Silver North is listed on the TSX Venture Exchange, OTCQB market in the United States, and the Frankfurt Stock Exchange.
Average Trading Volume: 236,825
Technical Sentiment Signal: Buy
Current Market Cap: C$21.08M
See more insights into SNAG stock on TipRanks’ Stock Analysis page.