Silver47 Exploration

Silver47 Exploration: Advancing the “Red Mountain” Silver-Gold Rich VMS Deposit, SEDEX Targets in Alaska


Silver47 Exploration (TSXV:AGA) is a compelling investment story, well-positioned to capitalize on the increasing global demand for silver, gold, copper, zinc, antimony, tin and graphite driven by its vast industrial applications and investment potential. The company wholly owns a diverse portfolio of silver-polymetallic projects across North America, including Red Mountain VMS (Alaska), Adams Plateau (British Columbia) and Michelle (Yukon).

Focused on rapid resource growth and new discoveries, Silver47 is backed by an experienced technical and management team that brings decades of successful experience in mineral exploration. Silver47 has outlined aggressive drill programs to rapidly advance its projects toward development.

Resource zones of Silver47 Exploration's Red Mountain project

The Red Mountain VMS project is Silver47's flagship asset located about 100 kilometers south of Fairbanks, Alaska. Red Mountain is a polymetallic VMS deposit, rich in silver, gold, zinc, copper, and lead. Red Mountain holds an NI 43-101 inferred resource of 15.6 million tonnes (Mt) at 7 percent zinc equivalent, or 168.6 Moz of silver equivalent at a grade of 335.7 grams per ton (g/t) silver equivalent. The project is located in a mining-friendly jurisdiction on state managed lands with reasonable access to infrastructure.

Company Highlights

  • Silver47 Exploration wholly owns a diverse portfolio of silver-polymetallic projects across North America, including Red Mountain VMS (Alaska), Adams Plateau (British Columbia) and Michelle (Yukon).
  • In 2022, Silver47 made a significant new silver discovery at the Michelle project with 7.68m of 1,577 g/t Ag, 45 percent Pb, 4 percent Zn within 15m of 907 g/t Ag, 26 percent Pb, 2.7 percent Zn at the Silver Matt Target, Michelle Project.
  • The Red Mountain VMS project currently holds an inferred resource of 168.6 million ounces of silver equivalent, with the “Exploration Target” of 500 to 900 Moz silver equivalent through further exploration.
  • The Company’s focus on rapid resource growth and new discoveries for silver, copper, and gold is supported by an extensive number of targets identified across its properties.
  • Silver47 is poised to capitalize on increasing global demand for silver, driven by its critical role in industrial applications including solar, Ai and AgZn, AgC batteries and investments.
  • A projected silver supply deficit of 240 Moz further strengthens the market outlook.
  • Backed by an experienced technical and management team, and led by seasoned geologist and company builder Gary R. Thompson, the team brings decades of successful experience in mineral exploration.
  • Aggressive drill programs are planned to rapidly advance its projects toward development.

This Silver47 Exploration profile is part of a paid investor education campaign.*

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Silver47 Exploration

Silver47 Exploration


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Advancing the “Red Mountain” silver-gold rich VMS deposit and SEDEX Targets in Alaska.

Silver47 Announces Its Final Closing of $9.8 Million Non-Brokered Private Placement

Silver47 Announces Its Final Closing of $9.8 Million Non-Brokered Private Placement

Not for distribution to United States Newswire Services or for dissemination in the United States

Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce the completion of its previously announced non-brokered private placement (the "Private Placement"), raising gross proceeds from the fourth tranche of $1,800,000 through the issuance of 3,600,000 (the "Units") at a price of $0.50 per Unit. The Company issued an aggregate of (i) 18,538,400 Units and (ii) 929,192 flow-through units of the Company (the "FT Units") at a price of $0.57 each, for aggregate gross proceeds to the Company of approximately $9.8 million under the Private Placement.

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Silver47 Announces Closing of Third Tranche and Upsize of Non-Brokered Private Placement from $8 Million to $11 Million

Silver47 Announces Closing of Third Tranche and Upsize of Non-Brokered Private Placement from $8 Million to $11 Million

Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced non-brokered private placement (the "Private Placement") from $8 million to $11 million (the "Upsize"). The Company also intends to complete the third tranche (the "Third Tranche") of the Private Placement on March 21, 2025. The closing of the Third Tranche, along with the Upsize, will be completed as part of the same financing, as set out in the Company's news releases dated February 19 and 24, 2025.

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Silver47 Closes Additional Tranche of Non-Brokered Private Placement

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Silver47 Exploration Corp. (TSXV: AGA) ("Silver47" or the "Company") is pleased to announce the closing of an additional tranche (the "Additional Tranche") of its previously announced non-brokered private placement (the "Private Placement") (as set out in the Company's news releases dated February 19 and 24, 2025). Pursuant to the closing of the Additional Tranche, the Company issued 4,155,000 units of the Company (the "Units") at a price of $0.50 each for aggregate gross proceeds to the Company of $2,077,500. The Company anticipates completing the balance of the Private Placement on or around March 19, 2025 or as may be determined by the Company.

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Silver47 Exploration Corp. (TSXV: AGA) ("Silver47" or the "Company") is pleased to announce that, effective March 10, 2025, its shares will commence trading on the OTCQB Venture Market under the ticker symbol AAGAF. This milestone marks a key step in the Company's growth strategy and enhances its visibility to U.S. investors.

The quotation on the OTCQB® is a significant development for Silver47, as it broadens the Company's investor base and increases access to the U.S. market. With a focus on precious and base metals exploration, at its flagship Red Mountain Project in Alaska, the quotation will facilitate Silver47's continued growth and further support its upcoming exploration and development activities.

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Silver47 Exploration Corp. (TSXV: AGA) (FSE: QP2) ("Silver47" or the "Company") is pleased to announce closing of the first tranche (the "First Tranche") of its previously announced non-brokered private placement (the "Offering") in the Company's news releases of February 19 and 24, 2025. Pursuant to the closing of the First Tranche, the Company issued (i) 6,912,400 units of the Company (the "Units") at a price of $0.50 each; and (ii) 929,192 flow-through units of the Company (the "FT Units") at a price of $0.57 each, for aggregate gross proceeds to the Company of $3,985,839. In addition, the balance of the Offering is expected to occur on or about March 12, 2025 or as may be determined by the Company.

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Silver47 Exploration

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