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.*

Click here to connect with Silver47 Exploration (TSXV:AGA) to receive an Investor Presentation

AGA:CC
The Conversation (0)
Bar graph with fluctuating data over a black background.

Sunshine Silver Mining Shares Jump 11 Percent in NYSE Debut

Sunshine Silver Mining & Refining Company (NYSE:SSMR) surged 11 percent in its NYSE debut on Thursday (June 4), raising US$270 million to resurrect one of the highest-grade silver assets in the US.Trading under the ticker SSMR, the stock opened at US$15. Sunshine priced its initial public... Keep Reading...
Green pushpin placed over Mexico.

Silver Linings: The Mexican Silver Belt

The Mexican Silver Belt (La Faja de Plata) is an 800 kilometer long geographical corridor cutting across Northern and Central México. It stretches from Chihuahua and Sonora at the border with the US to the Central México state of Guanajuato, following the Sierra Madre Occidental mountain range,... Keep Reading...
Prince Reports 27.43 Metres Grading 93.7 g/t Silver, 12.0% Mn, 2.29% Pb and 2.48% Zn at Its Prince Silver Project in Nevada;

Prince Reports 27.43 Metres Grading 93.7 g/t Silver, 12.0% Mn, 2.29% Pb and 2.48% Zn at Its Prince Silver Project in Nevada;

Mobilizes Third RC Drill Rig to Accelerate Ongoing 9,000-metre Drill Program

Prince Silver Corp. (CSE: PRNC) (OTCQX: PRNCF) (FSE: T130) ("Prince Silver" or the "Company") is pleased to announce additional assay results from its ongoing 9,000-metre reverse circulation ("RC") drilling program at the Company's Prince Silver Project ("Prince" or the "Prince Project"),... Keep Reading...
Three wooden blocks with black letters "M&A" rest on a computer keyboard.

Elemental Secures Panuco Silver-Gold Royalty in US$239 Million Vizsla Deal

Elemental Royalty (TSX:ELE,NASDAQ:ELE) has inked a US$239 million deal to acquire Vizsla Royalties (TSXV:VROY,OTCQX:VROYF), securing long-life exposure to the Panuco silver-gold project. The acquisition grants Elemental an uncapped 2 to 3.5 percent net smelter return royalty on the Mexico-based... Keep Reading...
A metallic paper airplane rests on a smooth light gray surface.

Record Silver Price a Key Q1 Tailwind for Miners

Following an unprecedented first quarter that saw silver prices break into triple digits before sharply correcting, the sector’s top producers registered massive cash generation and bolstered balance sheets. Silver achieved a historic milestone early in the first quarter, surging past US$100 an... Keep Reading...

Interactive Chart

Latest Press Releases

Related News