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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Silver47 Drills 2.66 Metres of 1,801 g/t Silver Equivalent within 22.3 Metres of 601 g/t Silver Equivalent at its Red Mountain Project, Alaska

Silver47 Drills 2.66 Metres of 1,801 g/t Silver Equivalent within 22.3 Metres of 601 g/t Silver Equivalent at its Red Mountain Project, Alaska

Silver47 Exploration Corp. (TSXV: AGA) ("Silver47" or the "Company"), is pleased to announce the final results from the 2024 exploration program at the Company's wholly-owned flagship Red Mountain Project in Alaska, USA. Two infill-confirmation holes drilled at the western extent of the Dry Creek resource intersected broad zones of polymetallic sulphide mineralization with multiple high-grade massive sulphide intervals. A total of 1,039 metres of drilling was completed in 6 holes at the Dry Creek, West Tundra Flats, and Kiwi prospects combined.

Highlights

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Silver47 Drills 2.9m of 1,078.8 g/t Silver Equivalent  at the West Tundra Flats Zone at Its Red Mountain Project, Alaska

Silver47 Drills 2.9m of 1,078.8 g/t Silver Equivalent at the West Tundra Flats Zone at Its Red Mountain Project, Alaska

Silver47 Exploration Corp. (TSXV: AGA) ("Silver47" or the "Company), is pleased to announce results from two diamond drill core holes at the West Tundra Flats resource area for a combined 331m at its wholly owned flagship Red Mountain Project in Alaska, USA. Both drill holes cut high-grade silver-zinc-lead-gold-copper zones within a wider sulfide mineralization horizon.

Highlights from 2024 West Tundra Flats Drill Holes:

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Silver47 Drills 2.48m of 14.95 g/t Gold, 249.50 g/t Silver, 21.97% Zinc, 7.03% Lead, 0.42% Copper at Its Red Mountain Project, Alaska

Silver47 Drills 2.48m of 14.95 g/t Gold, 249.50 g/t Silver, 21.97% Zinc, 7.03% Lead, 0.42% Copper at Its Red Mountain Project, Alaska

Within 24.51m of 486.30 g/t AgEq

Silver47 Exploration Corp. (TSXV: AGA) ("Silver47" or the "Company), is pleased to announce the first results from the 2024 drill program at the Company's wholly-owned flagship Red Mountain Project in Alaska, USA. The results for the first of 6 holes drilled on the property in 2024 indicate strong potential for increased high-grade infill drilling within the Dry Creek resource area. A total of 1,039 metres of drilling was completed in 6 holes at the Dry Creek, West Tundra Flats, and Kiwi prospects combined.

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Silver47 Announces Trading on the TSX-V  and Provides Project Summaries

Silver47 Announces Trading on the TSX-V and Provides Project Summaries

Silver47 Exploration Corp. (TSXV: AGA) ("Silver47" or the "Company), is pleased to announce that its common shares will begin trading on the TSX Venture Exchange (the "TSXV") effective at the open of trading today.

Silver47 wholly-owns three silver and critical metals (polymetallic) exploration projects in Canada and the US: the flagship Red Mountain silver-gold-zinc-copper-lead VMS-SEDEX Project in southcentral Alaska; the Adams Plateau ‎silver-zinc-copper-gold-lead SEDEX-VMS Project in southern British Columbia, and the Michelle ‎silver-lead-zinc-gallium-antimony MVT-SEDEX Project in Yukon Territory.‎

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As investors well know, there is no such thing as a sure bet with the stock market. Against a backdrop of fluctuating metals prices, volcanogenic massive sulfide (VMS) deposits may look more attractive than ever.

That’s thanks to their polymetallic content. Often containing copper, zinc, lead, silver and gold, VMS deposits can offer resource investors some cushion regarding the rise and fall of individual metals. If it’s a rough year for copper prices, for example, profits off zinc or gold might still help a VMS deposit company’s stock soar.

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ASX Silver Stocks: 5 Biggest Companies in 2024

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However, silver has many industrial applications too, including in electronics, automobiles, medicine and photography, and, of course, silverware.

Energy transition applications are a growing demand sector for silver — the metal is valued for its conductive capacity, which makes it particularly useful in the production of photovoltaic panels.

Silver supply has tightened in recent years as industrial demand rises. This was one of several factors that helped the silver price break through the US$30 per ounce mark in May for the first time since 2013. At that time, it also broke AU$48, setting a new all time high in Australian dollars.

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He also discussed his ongoing concerns about central bank digital currencies, both in the US and globally.

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Silver47 Exploration

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