FULL DISCLOSURE: Silver47 Exploration is a sponsor of theDeepDive.ca.
Silver47 Exploration (TSXV: AGA) has successfully completed a fifteen hole 2025 summer drill program at their flagship Red Mountain Project in Alaska. The program saw drilling spread across both the Dry Creek and West Tundra Flats zones.
“The 2025 Red Mountain drill program has intersected massive sulfides in multiple holes. With assays pending, we now look forward to drilling at Mogollon in Q4 of this year and Hughes in early 2026. Fully funded with $27 million, we’re positioned to accelerate resource growth on our silver and critical mineral projects to deliver value from America’s next generation of strategic mineral assets,” commented Galen McNamara, CEO of Silver47.
The summer 2025 program saw a total of eight holes drilled at Dry Creek and a further seven drilled at West Tundra Flats, with Silver47 said to have intersected massive, semi-massive and disseminated sulfides via both step out and infill drilling, the assays for which remain outstanding.
The program was focused on drill testing previously undrilled areas near to historical high grade intercepts as part of an effort to expand the current resource estimate of 168.6 million silver equivalent ounces across the two zones. Expectations are high for the program, with prior holes in these zones previously intersecting 15.24 metres of 546 g/t silver equivalent, plus 290 g/t antimony and 32 g/t gallium (DC24-104) and 22.32 metres of 601 g/t silver equivalent plus 503 g/t antimony and 54 g/t gallium (DC24-105) among other results.
READ: Silver47 Samples 44.5 g/t Gold, 3,037 g/t Silver & 8.56% Copper At Kennedy Project In Nevada
WATCH: What Happens If Silver Finally Breaks $50? | Gary Thompson – Silver47
Both the Dry Creek and WTF zones are said to remain open for expansion in multiple directions, with geological modelling currently ongoing to assist in vectoring in on additional ounces next year. Outside of these two zones, there are still 35 untested mineralized prospects along a 55 kilometre long trend.
Silver47 Exploration last traded at $0.88 on the TSX Venture.
FULL DISCLOSURE: Silver47 is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Silver47. The author has been compensated to cover Silver47 on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
