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

Silver47 Exploration Corp. has announced the completion of assay results from its recent drilling campaign at the Red Mountain Project in Alaska, delivering what the company describes as exceptional high-grade silver-zinc mineralization. The standout result of 606 g/t silver equivalent over 9.65 metres demonstrates the significant grade potential of this critical mineral system, which remains largely unexplored across the broader district.

The results are particularly noteworthy given the early-stage nature of exploration at Red Mountain. According to CEO Galen McNamara, only two of at least 35 known massive sulphide occurrences have been significantly drilled to date, suggesting substantial upside potential for resource expansion. The project already hosts an existing 168.6 million ounce silver equivalent inferred resource, providing a solid foundation for further development.

The timing of these results is strategically important for Silver47, as the company reports being fully funded to advance the project. The polymetallic nature of the mineralization, including silver, zinc, copper, gold, and lead, positions Red Mountain as a potential critical minerals supplier at a time when such resources are increasingly valued by the market.

For the broader mining sector, these results highlight Alaska's continued emergence as a significant jurisdiction for critical mineral exploration. The combination of high-grade mineralization, extensive untested targets, and the presence of an established resource base suggests Red Mountain could become a material asset in Silver47's portfolio and potentially attract strategic interest from larger mining companies seeking exposure to critical mineral systems.