Silver47 Exploration Corp.  Opens the Market

Silver47 Exploration Corp. Opens the Market

Gary Thompson, Chief Executive Officer, Silver47 Exploration Corp. ("Silver47" or the "Company") (TSXV: AGA), and his team, joined Dean McPherson, Head, Business Development, Global Mining, Toronto Stock Exchange (TSX), to open the market to celebrate the Company's new listing on the TSX Venture Exchange.


Silver47 Exploration Corp. is focused on rapidly expanding its resource base of silver, gold, copper, zinc and lead, with the aim of reaching a milestone development decision in the next 3-5 years, while also driving new discoveries.

Backed by industry leaders, the Company is advancing its flagship Red Mountain project in Alaska, which currently hosts 168.6 million ounces of silver at 336 g/t AgEq, equivalent to 1 million tonnes of zinc at 7% ZnEq or 2 million ounces of gold at 4 g/t AuEq.

Silver47's initial focus is on increasing the silver-gold rich Dry Creek and West Tundra Flats resources at the eastern end of this district-scale land package, with an exploration target of 50Mt in the 300-400 g/t AgEq grade range for 480Moz Eq. The company's extensive land holdings of 942 state mining claims and one mining lease cover a 60km trend of polymetallic mineralization.

MEDIA CONTACT:
Gary Thompson
President & CEO
info@silver47.ca
403-870-1166

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233679

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Silver47 Announces Graduation to Tier 1 Status on the TSX Venture Exchange

Silver47 Announces Graduation to Tier 1 Status on the TSX Venture Exchange

Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce that it has been approved for graduation from Tier 2 to Tier 1 issuer status on the TSX Venture Exchange (the "TSXV") effective May 23, 2025.

The TSXV classifies issuers into different tiers based on various factors, including financial performance, stage of development, and available resources. Tier 1 is the TSXV's highest designation and is reserved for more advanced companies with significant financial resources. This upgrade signifies Silver47's continued growth and its commitment to providing long-term value for its shareholders.

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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.

Pursuant to the Third Tranche, the Company will issue approximately 3,871,000 units at a price of $0.50 each, for gross proceeds of approximately $1,935,500. Completion of the Third Tranche will result in the Company having issued an aggregate of 14,938,400 units and 929,192 flow-through units (at a price of $0.57 per flow-through unit) for aggregate proceeds under the Private Placement of $7,998,839.

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Silver47 Closes Additional Tranche of Non-Brokered Private Placement

Silver47 Closes Additional Tranche of Non-Brokered Private Placement

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 Commences Trading on OTC Markets Under the Ticker Symbol OTCQB: AAGAF

Silver47 Commences Trading on OTC Markets Under the Ticker Symbol OTCQB: AAGAF

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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Vertex Minerals Limited  Identifies Additional Gold Resources at the Reward Mine

Vertex Minerals Limited Identifies Additional Gold Resources at the Reward Mine

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce that the Company's engineering and geology team at the Reward Mine have identified an additional two stope block that have not been previously reported. These stopes will be incorporated into the overall mine schedule, but provide an early source of mill feed.

HIGHLIGHTS:

- VTX's Technical Services team has identified a fully developed stope block to include in the mine production start-up.

- Stopes are suitable for airleg mining which will augment jumbo production.

- Stope blocks contains an Inferred Resource of 2,075 tonnes at 17.8 g/t Au and forms part of the 2023 Mineral Resource Estimate. With the lower block having over 700 tonnes at 42.5 g/t. The planned stope width is the same as the interpretation of the mineralisation.

- Stopes are additional to the PFS mine schedule which is illustrated in Figure 2* showing the location of the additional stope.

- Stope blocks are fully developed and have been sampled from development.

- This stope can be exploited as soon as services have been established.

The stopes were developed by a previous operator and are accessible from existing development. The additional stope blocks contain an Inferred Resource of 2,075 tonnes at 17.8 g/t Au containing 1,189 ounces of gold with the lower block having over 700 tonnes at 42.5 g/t. The planned stope width is the same as the interpretation of the mineralisation. These stopes forms part of the Mineral Resource Estimate reported in VTX Announcement 22 June 2023. They were not included in the production forecast detailed in the 2024 Pre-Feasibility Study (Announcement 3 January 2024). This was due to the complexity of existing airleg workings and uncertainty around access and ground conditions and wide spaced drilling which established these areas into an Inferred Resource Category.

Note: 'The Mineral Resources are additional to the Ore Reserves.'

Subsequent investigations, which included physical inspection of the levels and completing a geotechnical assessment, have concluded that the stopes are fully developed and accessible.

The quartz veins are exposed in the existing development and have been sampled. In total ninety-seven (97) face samples were taken along the stope and assayed for gold. Figure 3* illustrates the sample grades diluted to 1.5m width, which represents a minimum mining width, and the locations along the stope.

The density of sampling around the stope locations, along with accessibility adds to the confidence that the Company can successfully mine this area very early in the start-up of underground production. The Company believes the inclusion of these stopes is significant to early production, and that the stopes will be mined before the Company updates the Resource and Reserve Estimates for the Project. These samples were not used in the Resource.

The Company plans to exploit this stope once the mine services have been established and bring this stope into the initial stages of the production schedule.

Vertex's Executive Chairman, Roger Jackson commented: "Our new technical team has been established, and it is great to see them looking for the opportunities to add value to the high-grade underground production start-up.

This really does show the potential this mine has for high grade expansion. We are in the process of re-opening the underground mine with the establishment of mine services. Dewatering of the declines has commenced and is progressing to schedule."

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/0C116659



About Vertex Minerals Limited:  

Vertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.



Source:
Vertex Minerals Limited

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Group Eleven Announces Appointment of Jasmine Lau as Chief Financial Officer

Group Eleven Announces Appointment of Jasmine Lau as Chief Financial Officer

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce the appointment of Jasmine Lau, CPA, as Chief Financial Officer ("CFO") of Group Eleven, replacing Jeannine Webb, effective May 30, 2025.

Jasmine is a Vancouver-based Chartered Professional Accountant with over 16 years' experience in the resource sector, having served as the Chief Financial Officer for several mineral exploration companies. She is currently the CFO of Minaurum Gold Inc, Forte Minerals Corp., and Cascadia Minerals Ltd. Prior to that, Jasmine also served as CFO to a various number of other private and public mineral exploration companies.

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