FULL DISCLOSURE: Silver47 Exploration is a sponsor of theDeepDive.ca.
Silver47 Exploration (TSXV: AGA) this morning released exploration results from across their portfolio, headlined with drill results from their flagship Red Mountain property in Alaska. The assay results represent the first batch of results released by the company from the 2025 exploration campaign.
Highlights from the results include:
- Red Mountain
- WT25-37: 726 g/t silver equivalent (249 g/t silver, 0.69 g/t gold, 6.16% zinc, 3.43% lead, 0.12% copper) over 3.0 metres from a depth of 241.60 metres
- WT25-38: 640 g/t silver equivalent (136 g/t silver, 0.56 g/t gold, 7.06% zinc, 1.99% lead, 0.16% copper) over 6.9 metres from a depth of 173.00 metres
- Including 1,341 g/t silver equivalent (305 g/t silver, 1.23 g/t gold, 15.61% zinc, 4.45% lead, 0.35% copper) over 3.05 metres
- DC25-108: 344 g/t silver equivalent (13 g/t silver, 0.01 g/t gold, 4.93% zinc, 2.22% lead, 0.17% copper) over 12.8 metres from a depth of 119.70 metres
- Including 646 g/t silver equivalent (335 g/t silver, 0.71 g/t gold, 3.9% zinc, 1.4% lead, 0.13% copper) over 1.3 metres
- Hughes
- SUM25-69: 546 g/t silver equivalent (3.16 g/t gold, 306 g/t silver) over 0.5 metres from a depth of 294.0 metres
- SUM24-65: 509 g/t silver equivalent (3.30 g/t gold, 252 g/t silver) over 1.1 metres from a depth of 552.8 metres
- SUM24-66: 406 g/t silver equivalent (2.47 g/t gold, 217 g/t silver) over 0.9 metres from a depth of 540.9 metres
At Red Mountain, the 2025 exploration program was focused on targeted previously untested areas near historical high grade intercepts, which was part of an effort to grow the current resource estimate. Both West Tundra Flat and Dry Creek are said to remain open along strike and down dip, with assays pending for 8 additional holes.
Exploration at Hughes meanwhile has expanded the Ruby vein system, with drilling confirming continuity of high grade silver-gold mineralization across a 600 metre long trend. Mineralization currently extends over a 4 kilometre strike length to the east of the Tonopah Mining District, while remaining open in all directions. Drilling here is currently targeting the main high-grade structure.
“Our high-grade intercepts at Red Mountain and expanded mineralization at Hughes position Silver47 as a leader in silver and critical minerals exploration in premier U.S. jurisdictions. With silver’s expected inclusion on the critical minerals list, our 2025 results and planned drilling underscore our commitment to unlocking value for shareholders. We are excited to accelerate our exploration at our U.S. projects in 2026 and beyond,” commented Galen McNamara, CEO of Silver47.
Silver47 Exploration last traded at $0.93 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.
