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.

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.

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