As the Israel-Hamas conflict quickly escalating with Iran’s involvement at the moment, and Russia chipping away diligently at Ukraine’s defences due to outnumbering men and weapons, precious metals are doing very well at the moment. Silver North Resources (SNAG.V), focused on silver, profits from this as the share price doubled from the recent bottom levels, and managed to raise another C$650k to pay the bills and prepare for drill programs at their fully owned flagship Haldane silver project.

After a long period of non-material events, management and Board of Alianza Minerals (ANZ.V) decided it was time for a thorough change in many aspects. On August 10, 2023 they announced a name change into Silver North Resources, with a new ticker to go with that (SNAG.V),

Mount Haldane, Yukon

As precious metal prices, alongside allmost all other metals, are performing well, Alianza Minerals (ANZ.V, TARSF.US) management received lots of interest, and was able to reel in subscriptions for their non-brokered C$1.2M private placement, announced at May 31, 2021.

During a year full of COVID-19 surprises and -distractions, Alianza Minerals (ANZ.V) was able to continue with their drill programs, funded by either partners like Hochschild or themselves. As the results at the Horsethief project disappointed (best result was 76m @ 0.185g/t Au), Hochschild elected to terminate the option agreement, so the project was returned to Alianza again.

Alianza Minerals (ANZ.V) was ready for their Phase II drill program at their fully owned flagship Haldane silver project, after their Phase I drill target defining program was completed earlier during the summer of last year. The company has been busy raising additional cash for 2020 exploration, and it started out with a small financing of $250,000 at 5 cents per unit on January 30, 2020.