Silver47 Exploration Corp.
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- Sector
- mining
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- 7
Latest Stories
Silver47 Intersects High-Grade Mineralization in Step-Out Holes at Red Mountain, Alaska, and Hughes, Nevada
Assays for Additional Holes Remain Pending Vancouver, October 15, 2025 – Silver47 Exploration Corp. (“Silver47” or the “Company”) (TSXV:AGA) (OTCQB:AAGAF) is pleased to announce high-grade assay results from the first batch of holes from the 2025 drill program at the Company’s wholly-owned and flagship Red Mountain Project in Alaska, USA. The Company also announces that it has drilled multiple new silver-gold veins east of the Ruby discovery in the Tonopah Mining District, Hughes Project, Nevada. Key Highlights (Red Mountain): *Notes: g/t=grams per tonne; AgEq=silver equivalent; ZnEq=zinc equivalent; m=metres; Ag=silver; Au=gold; Cu=copper; Zn=zinc; Pb=lead; 1ppm=1 g/t. Equivalencies are calculated using ratios with metal prices of US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag and metal recoveries are based on metallurgical work returned of 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au. Silver Equivalent (AgEq g/t) = [Zn (%) x 47.81] + [Pb (%) x 30.43] + [Cu (%) x 119] + [Ag (g/t) x 1] + [Au (g/t) x 91.93] Key Highlights (Hughes): **Silver equivalent is calculated using US$20/oz Ag, US$1,800/oz Au with metallurgical recoveries of Ag – 90%, Au – 95%. AgEq = (Ag grade x Ag recovery)+((Au grade x Au recovery) x (Au price […] Source
Silver47 Completes Successful Red Mountain Drill Program and Intersects Massive Sulfides in Multiple Holes
The Red Mountain Deposit Remains Open to Expansion in Multiple Directions with Assays Pending Vancouver, British Columbia, October 1, 2025 – Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (“Silver47” or the “Company“) is pleased to announce the completion of its summer 2025 drill program at its wholly-owned Red Mountain Project in south-central Alaska. Highlights: Galen McNamara, CEO, stated: “The 2025 Red Mountain drill program has intersected massive sulfides in multiple holes. With assays pending, we now look forward to drilling at Mogollon in Q4 of this year and Hughes in early 2026. Fully funded with $27 million, we’re positioned to accelerate resource growth on our silver and critical mineral projects to deliver value from America’s next generation of strategic mineral assets.” Highlights from Previous Drilling (see news releases dated November 21 and 26, 2024 and February 12, 2025): *Notes: g/t=grams per tonne; AgEq=silver equivalent; ZnEq=zinc equivalent; m=metres; Ag=silver; Au=gold; Cu=copper; Zn=zinc; Pb=lead; 1ppm=1 g/t. Equivalencies are calculated using ratios with metal prices of US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag and metal recoveries are based on metallurgical work returned of 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au. Silver Equivalent (AgEq g/t) = […] Source
Silver47 Announces Grant of Stock Options and Restricted Share Units
Vancouver, British Columbia, September 22, 2025 – Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (“Silver47” or the “Company“) announces that it has granted an aggregate of 5,300,000 incentive stock options (the “Options”) and 180,000 Restricted Share Units (“RSUs”) to certain directors, officers and consultants of the Company in accordance with the Company’s omnibus security based compensation plan. The Options are exercisable at a price of C$0.78 and will expire five years from the date of grant and will vest on the date of grant. The RSUs will vest over two years starting on the first anniversary of grant. About Silver47 Exploration Silver47 Exploration Corp is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America’s most prolific mining jurisdictions. For detailed information regarding the resource estimates, assumptions, and technical reports, please refer to the NI 43-101 Technical Report and other filings available on SEDAR at www.sedarplus.ca. The Company trades on the TSXV […] Source
Silver47 Exploration – OTC Markets Request
Vancouver, British Columbia, September 17, 2025 – Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (“Silver47” or the “Company”) confirms that, as previously announced on September 4, 2025, it has engaged Sideways Frequency LLC (“SFLLC”) as an arms-length, third party firm contractually retained by the Company in accordance with routine industry practices to provide investor relations services for a 12 month term. As part of the Company’s efforts towards investor awareness, SFLLC organizes and facilitates the creation and distribution of promotional material concerning the Company and its common shares traded on the OTCQB marketplace (the “Promotional Material”) on behalf of the Company. On September 10, 2025, the Company became aware that SFLLC had commenced distribution of Promotional Material which discussed the Company, its business and a general assessment of, and commentary on, the broader market for silver and silver exploration globally. The Promotional Material was available via email and online via click-through of digital media ads. The Company has editorial control over the Promotional Material for accuracy but is not directly involved in its creation or distribution, other than fact checking the final versions for accuracy. The content of the Promotional Material was taken from publicly available disclosure, including the Company’s […] Source
Silver47 Announces Closing of $23 Million Brokered LIFE Financing, Including Full Exercise of the Over-Allotment Option
Vancouver, September 16, 2025 – Silver47 Exploration Corp. (“Silver47” or the “Company”) (TSXV:AGA) (OTCQB:AAGAF) is pleased to announce the closing of its previously announced brokered private placement (the “Offering”) of units (each, a “Unit”) at a price of $0.70 per Unit for aggregate gross proceeds of $23,000,460, including the full exercise of the over-allotment option. The Offering was led by Research Capital Corporation, as lead agent and sole bookrunner, on behalf of a syndicate of agents, including Eventus Capital Corp. and Haywood Securities Inc. (collectively, the “Agents“). Each Unit is comprised of one common share of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable to acquire one Common Share at a price of $1.00 per Common Share until September 16, 2028. The Company intends to use the net proceeds of the Offering for further exploration work on the Company’s projects and for general working capital purposes. The Units were sold in reliance on the “listed issuer financing exemption” from the prospectus requirement available under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed […] Source
Silver47 Highlights Expansive High-Grade Gold and Silver System at the Kennedy Project, Nevada
Samples up to 44.5 g/t Gold, 3,037 g/t Silver, and 8.56% Copper Vancouver, British Columbia, September 4th, 2025 – Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (“Silver47” or the “Company“) is pleased to provide assay results from a recently completed rock sampling program at its high-grade Kennedy gold-silver Project in Nevada (the “Kennedy Project”). Results demonstrate strong prospectivity for high-grade gold and silver mineralization across the under-explored project. Highlights: Galen McNamara, CEO, stated: “Our exploration at the Kennedy Project is revealing high-grade gold and silver targets across a 22 km network of largely untested veins. Having acquired this project by claim staking last year, it is also royalty free. These initial results validate our acquisition strategy and position the district as a unique discovery opportunity in Nevada. Concurrently, drilling at our Red Mountain project in Alaska is progressing well, with drilling intersecting promising massive sulfide zones. We look forward to sharing assay results as they become available to showcase the strength of our American project portfolio.” Defining Widespread High-Grade Gold-Silver Mineralization A reconnaissance-style prospecting and sampling program was recently completed by Silver47’s exploration team on unpatented mining claims of the Kennedy Project. The purpose of the program was to confirm […] Source
Silver47 Unveils Multiple Premier Exploration Targets with Strong Discovery Potential Across the Red Mountain Project Alaska
Undrilled silver-rich and polymetallic occurrences are dispersed across a 55 km highly prospective east-west corridor Vancouver, British Columbia, August 13, 2025 – Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (“Silver47” or the “Company“) is pleased to provide a review of drill targeting across the highly-prospective Bonnifield District at the Red Mountain project near Fairbanks Alaska (the “Red Mountain Project”). Highlights: Galen McNamara, CEO, stated: “Our Red Mountain Project in Alaska is emerging as a premier silver and critical metals asset in the U.S. By leveraging extensive historic data, we’ve identified dozens of high-potential targets along broadly mineralized trends. The prospectivity of these targets was first identified by past operators, and I agree; the data suggest the likely presence of additional undiscovered and potentially giant VMS deposits on the project. I am unaware of any other domestic mineral projects with similar polymetallic discovery potential. In addition, ongoing drilling at Dry Creek and West Tundra Flats continues to intersect promising sulfide zones, with assays pending, positioning Red Mountain to deliver significant value and strengthen domestic critical mineral supply chains in the future.” * Table 1: Combined Open Pit and Underground Inferred Mineral Resource Estimate for the Red Mountain Project, Alaska The Targets […] Source
