Workflow
Volcanogenic Massive Sulfide (VMS) Deposits
icon
Search documents
Silver47 Unveils Multiple Premier Exploration Targets with Strong Discovery Potential Across the Red Mountain Project, Alaska
Newsfileยท 2025-08-13 11:00
Core Viewpoint - Silver47 Exploration Corp. is advancing its Red Mountain Project in Alaska, which is identified as a premier silver and critical metals asset in the U.S. The project has significant discovery potential with multiple high-grade mineral targets identified for future drilling [3][4]. Summary by Relevant Sections Project Overview - The Red Mountain Project hosts an inferred mineral resource estimate of 15.6 million tonnes at 336 g/t AgEq, totaling 168.6 million silver equivalent ounces across two resource zones: Dry Creek and West Tundra Flats [3][10]. - The project covers a 55 km east-west corridor with at least 35 mineralized prospects, many of which are undrilled or represent preliminary drilled discoveries open to expansion [3][4]. Historical Data and Target Identification - The company has leveraged extensive historical geochemical and geophysical data, including 2,543 rock samples and 15,862 XRF soil samples, to identify new targets outside the current resource zones for drilling in 2026 [3][4]. - The project has defined four main target trends: Dry Creek Syncline, Keevy Trend, Last Chance Corridor, and Wood River Trend, with many targets remaining under-explored [9][18]. High-Grade Mineralization - Significant high-grade surface mineralization has been reported, including: - 1,295 g/t silver at the Galleon target - 3.8 g/t gold at the Horseshoe target - 16.2% copper at the Kiwi target - 32% zinc at the Anderson Mountain target - 20% lead at the Jack Frost target - 4,850 g/t antimony at the Bib target [3][4]. Ongoing Drilling and Future Plans - Nine holes have been completed at the Dry Creek and West Tundra Flats deposits, intersecting zones of massive, semi-massive, and disseminated sulfides, with assays pending [20][21]. - The company plans to conduct follow-up geological mapping, infill soil geochemical surveys, and additional higher-resolution magnetic surveys to advance many of the identified targets [17][19]. Company Profile - Silver47 Exploration Corp. focuses on uncovering and developing silver-rich deposits in North America, with operations in Alaska, Nevada, and New Mexico. The company aims to establish itself as a leading high-grade U.S.-focused silver developer [28][29].