Core Insights - Emerita Resources Corp. reports ongoing drilling results from the El Cura deposit, part of the Iberian Belt West project, which includes three Volcanogenic Massive Sulfide deposits currently undergoing Prefeasibility Studies [1][10]. Drilling Results - Recent drilling at El Cura has shown significant mineralization, with various drill holes intercepting mineralized intervals ranging from 0.9m to 12.1m [10]. - Notable results include: - EC092: 12.1m grading 1.6% copper, 0.1% lead, 0.1% zinc, 0.85 g/t gold, and 32.11 g/t silver [5]. - EC085: 1.4m grading 5.8% copper, 0.1% lead, 0.1% zinc, 4.89 g/t gold, and 51.0 g/t silver [5]. - EC086: 1.8m grading 2.3% copper, 1.6% lead, 3.5% zinc, 1.78 g/t gold, and 61.39 g/t silver [5]. Deposit Characteristics - The El Cura deposit has a strike extent of approximately 650 meters and extends about 320m down-dip, remaining open for further exploration [10]. - The deposit is characterized as a coherent steeply dipping gold-copper-rich deposit, suitable for underground bulk mining methods [14]. Exploration Strategy - The company has drilled a total of 86 holes at El Cura, with a hit rate of 86%, indicating a high success rate in identifying mineralized intervals [14]. - The ongoing drill program prioritizes the western extension of the deposit, which is located over 200m beyond the 2025 Indicated Mineral Resource Estimate limits [13]. Future Plans - Follow-up extension testing is warranted in the area around EC092 due to the significant results obtained [11]. - The company aims to classify the deposit primarily as measured and indicated resources, facilitating conversion to reserve categories in the forthcoming Prefeasibility Study [14].

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].

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].