Silver47 Unveils Plans for Aggressive Drill Program Across the Eastern Extension of the Prolific Tonopah Mining District, Hughes Project, Nevada

Drilling to begin with a fence of holes at the Ruby discovery in pursuit of the main high-grade structure Vancouver, March 2, 2026 – Silver47 Exploration (“Silver47” or the “Company”) (TSXV: AGA) (OTCQX: AAGAF) is pleased to announce plans for the upcoming drill program across the highly-prospective eastern extension of the Tonopah Mining district at the Hughes Project near Tonopah, Nevada (the “Hughes Project”). Key Highlights: * g/t = grams per tonne; 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 / Ag price)). Galen McNamara, CEO, stated: “Since we first drilled the Ruby target in 2020, our technical team has believed this is one of the best high-grade silver-gold discovery opportunities in Nevada. The holes drilled to date in the eastern extension have shown significant mineralization at Ruby, and those results will directly guide our upcoming program as we continue hunting for the main structure east of the district. Following the ongoing Mogollon winter program, this is the next key step in our strong 2026 drilling pipeline, with Red Mountain also slated to start in June” […] Source