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Alianza Minerals ( (TSE:SNAG) ) has issued an announcement.
Silver North Resources has secured a two-year contract with Boart Longyear to provide two diamond drill rigs for its fully funded 2026 and 2027 field seasons at the Haldane Silver Project in Yukon. The agreement underpins plans for 5,000 to 7,000 metres of drilling annually, targeting expansion of the Main Fault zone and follow-up work at Bighorn and other high-priority prospects where previous holes have returned significant silver, gold, lead and zinc grades.
The company has also contracted airborne geophysical surveys for both its Haldane and Veronica projects, using SkyTEM and VTEM systems to refine drill targeting and map complex subsurface structures. These surveys are expected to improve geological understanding, aid in discovering fault-hosted and CRD-style mineralization, and potentially accelerate resource delineation, reinforcing Silver North’s exploration pipeline and growth prospects for stakeholders.
The most recent analyst rating on (TSE:SNAG) stock is a Hold with a C$0.46 price target. To see the full list of analyst forecasts on Alianza Minerals stock, see the TSE:SNAG Stock Forecast page.
Spark’s Take on TSE:SNAG Stock
According to Spark, TipRanks’ AI Analyst, TSE:SNAG is a Neutral.
The score is held down primarily by a pre-revenue, loss-making profile with ongoing cash burn and continued reliance on external funding. Technicals are also soft (negative MACD and below the 50-day average), while valuation is constrained by negative earnings and no dividend support; the debt-free balance sheet is the main stabilizing factor.
To see Spark’s full report on TSE:SNAG stock, click here.
More about Alianza Minerals
Silver North Resources is a Canadian mineral exploration company focused on silver projects in the Yukon and elsewhere. Its primary assets include the 100%-owned Haldane Silver Project, adjacent to Hecla Mining’s Keno Hill Mine, and the Tim Silver Project, which is under option to Coeur Mining, positioning the firm within the high-grade silver exploration segment.
Average Trading Volume: 438,295
Technical Sentiment Signal: Buy
Current Market Cap: C$37.9M
Find detailed analytics on SNAG stock on TipRanks’ Stock Analysis page.