Silver47 Discovers New High-Grade Massive Sulfide Zone at Red Mountain Project, Alaska

Core Insights - Silver47 Exploration Corp. has reported promising results from its rock sampling program at the Red Mountain Project in Alaska, identifying multiple new silver-rich polymetallic occurrences across a 60 km trend [1][2]. Exploration Results - The newly discovered FOMO Zone features undrilled massive sulfide occurrences, with surface samples returning exceptional grades, including 1,793 g/t AgEq, 1,138 g/t AgEq, and 972 g/t AgEq [5][10]. - The property-wide prospecting has confirmed widespread mineralization, leading to a robust pipeline of priority drill targets [5][9]. Future Plans - Silver47 is preparing for an aggressive drilling campaign in 2026, focusing on both existing resource areas and new high-priority exploration targets at the Red Mountain Project [5][12]. - The company aims to achieve resource growth at Mogollon and Hughes through continued drilling and advance studies on silver-gold recovery from tailings at Hughes [1][12]. Company Overview - Silver47 Exploration Corp. is focused on developing silver-rich deposits in North America, with a combined resource totaling 236 million ounces of silver equivalent at an inferred grade of 334 g/t AgEq [18][29]. - The company recently celebrated its one-year anniversary as a public entity, following a merger that increased its market capitalization to $202 million [1][18].