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.
The Prospectors & Developers Association of Canada (PDAC) was well attended this year, with 26,926 attendees coming to Toronto from all over the world, for the best business, investment and networking opportunities in the mineral exploration and mining industry. This was a significant improvement over last year, when 23,819 participants visited the largest mining conference on the planet.
With the world around us being in a flux regarding conflicts, inflation, BRICS expansions and the revival of Trump with impending US elections, planned for November of this year, Silver North Resources (SNAG.V) actually experienced more of a standstill since their name change, a 5 to 1 roll back, renewed focus on their fully owned silver projects and leaving the prospector generator model back in August of last year.
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),