Mr. Jason Weber reports

SILVER NORTH REPORTS HALDANE ROYALTY TRANSACTION

Silver North Resources Ltd. has been informed that Orogen Royalties (TSX Venture Exchange: OGN) has purchased the combined 2-per-cent net smelter royalty (NSR) on the Haldane property from the underlying royalty holders. Orogen purchased a 0.5-per-cent NSR from each of four separate individuals for total consideration of $500,000 cash and a percentage of future royalty revenue capped at $2.5-million.

"We believe this purchase recognizes the strong potential of the Haldane property to host a significant silver resource in a historic silver camp," stated Jason Weber, PGeo, president and chief executive officer of Silver North. "Prior to this, Orogen has focused primarily on organic royalty generation, with this purchase marking only its second acquired royalty and further underscoring the quality exploration targets at the Haldane property."

Silver North's 2026 exploration program consists of two drill rigs in operation on site at Haldane with the primary focus being the expansion of high-grade silver-lead-zinc mineralization at its recently discovered Main Fault target. A 2025 drill hole at the Main Fault (HLD25-31) intersected 818 grams per tonne silver, 1.39 g/t gold, 2.54 per cent lead and 0.98 per cent zinc over 13.15 metres (see news release dated Nov. 17, 2025). One rig continues to step out along strike and down dip at the Main Fault, while the second rig is testing the Bighorn target, a separate vein target three km to the northwest. The only hole drilled at Bighorn, in 2019, returned strongly anomalous silver mineralization, including 125.7 g/t silver over 2.35 m (see news release dated Oct. 22, 2019).

About Silver North Resources Ltd.

Silver North's primary assets are its 100-per-cent-owned Haldane silver project (next to Hecla Mining Inc.'s Keno Hill mine and the Tim and Veronica silver projects in the Silvertip district of Southern Yukon and Northern British Columbia. At its flagship Haldane project, the company has made three Keno-style silver vein discoveries in only 24 drill holes. Exploration is focused on the recent discovery at the MainzZone, where drilling has intersected high-grade silver mineralization over wide intervals.

Silver North is fully financed for its 2026 and 2027 drilling campaigns and is listed on the TSX Venture Exchange under the symbol SNAG, trades on the OTCQB market in the United States under the symbol TARSF and under the symbol I90 on the Frankfurt Stock Exchange.

Jason Weber, PGeo, president and chief executive officer of Silver North Resources, is a qualified person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release.

We seek Safe Harbor.