Alianza Minerals Ltd. announced that effective August 14, 2023, the Company is changing its corporate identity and rebranding as "Silver North Resources Ltd." and will start trading on the TSX Venture Exchange under the symbol "SNAG". The road-accessible Haldane is a high grade silver project in the Keno Hill Silver District, approximately 22 km from Hecla Mining's Keno Hill silver mine. Recent exploration at Haldane led to the discovery of a new high grade silver target at the West Fault, where intersections including 8.72m averaging 311 g/t Ag, 0.89% Pb and 1.13% Zn; 3.14m averaging 1351 g/t Ag, 2.43% Pb and 2.91% Zn, and 4.27m averaging 363 g/t Ag, 1.73% Pb and 2.80% Zn have defined a silver-bearing vein system 3-8 metres wide over a 100 by 90 metre area with eight holes to date.

In all, over 12 km of cumulative vein strike potential exists, with only 28 surface drillholes to date testing portions of this potential. This includes one hole at the Bighorn target which has identified a new target area 3 km from previously known mineralization. The Tim silver project lies 19 km north of Coeur Mining's Silvertip silver-lead-zinc mine, in the same rocks that host mineralization at the Silvertip Mine.

Prior exploration at Tim has identified silver-bearing oxide mineralization 4 to 30 metres wide in trenches on surface over 1,700 metres of strike length. Trench sampling results include 365 g/t silver and 7.5% lead over a 3.7 metre chip sample of oxidized material. Tim is road accessible, located off the access road to the Silvertip Mine.

The Tim property is optioned to Coeur Mining, who can earn an 80% interest by funding $3.55 million in exploration expenditures, by making cumulative cash payments of $575,000 and completing a feasibility study by the 8th anniversary. A five year mining land use permit to conduct trenching and drilling is in place for the Tim project. The Company also holds copper and gold projects in Nevada and Colorado that will be divested or optioned out, allowing management to focus its efforts on its silver portfolio.

The Company also announces that pursuant to directors' resolutions dated July 25, 2023, and following the receipt of all necessary approvals, effective August 14, 20 23, the Company will be consolidating its common shares on the basis of one new post-consolidation common share for every five pre-consolidation common shares.