Silver47 Drills 606 g/t Silver Equivalent* over 9.65 m at the Silver-Rich Red Mountain Project, Alaska

Core Insights - Silver47 Exploration Corp. has reported high-grade assay results from its Red Mountain Project in Alaska, confirming the presence of exceptional silver-zinc mineralization in an underexplored district [1][4][5] - The company has an inferred resource of 168.6 million silver equivalent ounces, indicating significant upside potential as only two of at least 35 known massive sulphide occurrences have been significantly drilled to date [4][5][10] Drill Results - The recent drill program included 15 holes, with notable results such as 606 g/t silver equivalent over 9.65 meters at Dry Creek, and 826 g/t silver equivalent over 1.9 meters at West Tundra Flats [4][10][19] - The high-grade interval in hole DC25-113 included a peak of 4,731 g/t silver equivalent over 0.4 meters, showcasing the potential for high-value mineralization [4][12][19] - Drilling at both Dry Creek and West Tundra Flats confirmed multiple massive sulphide horizons, indicating a robust Volcanogenic Massive Sulfide (VMS) system [4][10][17] Future Plans - The company plans to conduct systematic expansion drilling in 2026 to further explore the open-ended mineralization at both Dry Creek and West Tundra Flats [4][18] - Geological modeling is ongoing, and the company is preparing for a significant drill program aimed at enhancing the inferred resource [18][25] Company Overview - Silver47 Exploration is focused on developing silver-rich deposits in North America, with operations in Alaska, Nevada, and New Mexico [25][26] - The company aims to establish itself as a leading high-grade silver developer, with a combined resource totaling 236 million silver equivalent ounces [25]