“I am unaware of any other domestic mineral projects with similar polymetallic discovery potential.” – Galen McNamara, CEO Silver47 Exploration 📍 35+ high-grade silver & critical metal targets 💥 Historical Grades¹ up to 1,295 g/t Ag, 16.2% Cu, 32% Zn ⛏️ Drilling underway. Assays pending. See the latest news from our Red Mountain Project in Alaska → https://lnkd.in/gQiJAAgj Important Note: ¹ Silver47 has not independently verified this historical data through resampling, re-assaying, or other confirmatory methods due to the remote locations of the original samples or sites. As such, the Company cautions that this historical information may not conform to current NI 43-101 standards and should not be relied upon. No new data verification procedures were undertaken specifically for this release beyond a review of available documentation. The Company plans to conduct future verification work, including drilling and sampling, to confirm and update these historical findings as part of ongoing exploration programs. See the release for more information and important disclosures → https://lnkd.in/gQiJAAgj
Silver47 Exploration
Mining
One of the largest US-focused silver exploration companies with 247 million silver equivalent ounces¹ Drilling now.
About us
Shaping the Future of U.S. High-Grade Silver Development through three US projects: Red Mountain in Alaska, Hughes in Nevada and Mogollon in New Mexico. We merged with Summa Silver on August 1, 2025. In total, we have six wholly-owned silver and critical metals (polymetallic) exploration projects in Canada and the US. These projects include the Red Mountain Project in southcentral Alaska, a silver-gold-zinc-copper-lead-antimony-gallium VMS-SEDEX project. The Red Mountain Project hosts an inferred mineral resource estimate of 15.6 million tonnes at 7% ZnEq or 335.7 g/t AgEq, totaling 168.6 million ounces of silver equivalent, as reported in the NI 43-101 Technical Report dated January 12, 2024. Silver47 also owns a 100% interest in the Hughes Project located in central Nevada and the Mogollon Project located in southwestern New Mexico. The high-grade past-producing Belmont Mine, one of the most prolific silver producers in the United States between 1903 and 1929, is located on the Hughes Project. The Mogollon Project is the largest historic silver producer in New Mexico. Both projects have remained inactive since commercial production ceased and neither have seen modern exploration prior to Summa’s involvement.
- Website
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https://silver47.ca
External link for Silver47 Exploration
- Industry
- Mining
- Company size
- 11-50 employees
- Type
- Public Company
Employees at Silver47 Exploration
Updates
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We have news ⚡️ While drilling continues, 35+ mineralized prospects have been identified across Silver47 Exploration's Red Mountain Project in Alaska along a 55 km corridor. 9 holes have been completed at Dry Creek & West Tundra Flats (assays pending). Highlights: ▶ Strong Alaskan High-Grade Resource Base: The Red Mountain Project already hosts an inferred mineral resource estimate of 15.6Mt at 336 g/t AgEq* totaling 168.6 million silver equivalent ounces comprised of two resource zones, Dry Creek and West Tundra Flats. ▶ Leveraging Past Work: A database of historic geochemical and geophysical data, including 2,543 rock samples, 7,948 soil samples and 15,862 XRF soil samples has revealed a series of new targets outside the current resource zones that the Company is developing for drilling in 2026. ▶ High Prospectivity and Unique Discovery Potential: Ongoing compilation highlights at least 35 mineralized prospects across the Red Mountain Project covering a 55 km trend many of which are undrilled or represent preliminary drilled discoveries open to expansion. ▶ U.S. Silver and Critical Metal Focus: Multiple zones of high-grade surface mineralization marked by samples collected by a previous operator representing significant polymetallic upside are highlighted by grades of: ▸ 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 ▸ 149 g/t gallium northeast of the West Tundra Flats Deposit ▸ 98 g/t indium at the Jack Frost target ▸ 0.13% tin at the Sheep Creek target ▶ Drilling On-Going with Assays Pending: Nine holes have been completed at the Dry Creek and West Tundra Flats deposits where zones of massive, semi-massive and disseminated sulfides have been intersected in step-out and infill holes. * See the release for more information and important disclosures → https://lnkd.in/gQiJAAgj
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“Uniting projects in Alaska, Nevada, and New Mexico cumulatively hosting well over 200 million silver equivalent ounces with clear upside potential, we’re poised to benefit from a renewed interest in US mineral development at a time when the importance of domestic production has returned to the national spotlight,” — Silver47 Exploration CEO Galen McNamara quoted in this new article 👇 Thanks to Adam Orlando of Mining.com.au
In part one of this precious metals feature series, we drill ⚒️ deep inside the ebbs and flows of the silver 🥈 market, uncovering emerging trends and the silver surfers 🏄 unlocking value around the world 🌏. https://lnkd.in/gfEzfAJ7 #silver #miningnews #investment #finance #exploration iMetal Resources Inc (TSXV: IMR) (OTCQB: IMRFF) (FSE: A7VA) Impact Minerals Limited Renegade Exploration Silver North Resources Ltd. Silver47 Exploration Starcore International Mines Ltd. Unico Silver Aguia Resources Limited Iltani Resources
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Two of Silver47 Exploration’s US jurisdictions were ranked #2 and #3 globally for investment attractiveness 🌎 Jurisdictions with leading rankings typically attract higher levels of capital investment 📊 Alaska and Nevada — home to our Red Mountain and Hughes Projects, respectively — are two of the very top US destinations. Source → https://lnkd.in/dWKTY2uQ
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Silver47 Exploration was a private company until Nov 2024. But now we control a massive 236M oz silver-equivalent resource at high grades. With a vision to hit the NYSE, we see significant re-rate potential 💫 Our story is just beginning 📖 See the full presentation at the OTCQB Investor conference featuring Executive Chairman Gary R. Thompson → https://lnkd.in/gagfuZZB
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Investor Event Tomorrow 📣 Join Silver47 Exploration Executive Chairman Gary R. Thompson tomorrow Thursday, Aug 7 2025 at 11AM Eastern / 8AM Pacific for the OTCQB Virtual Investor Conference 🗓️💻 Register now → https://lnkd.in/gagfuZZB
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Silver47 Exploration Executive Chairman Gary R. Thompson: We're on track for a Preliminary Economic Assessment (PEA) at Red Mountain after updating the resource statement by late 2025/early 2026 📊 We'll also optimize metallurgical recoveries for antimony & gallium due to soaring prices 🌍🪨 See the full interview with Andy Millette → https://lnkd.in/e84uyw8P
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Silver47 Exploration reposted this
Now merged with Summa Silva (TSX-V:SSVR), Silver47 Exploration (TSX-V:AGA) is ready to continue operations across an expanded silver portfolio in the US under its same name. Read about the merger here: https://lnkd.in/gZ8ygmDX #miningnews #asx #merger #drilling #resources #mining
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On behalf of Galen McNamara, the new CEO of Silver47 Exploration, thank you to Summa Silver Corp and Silver47 Exploration shareholders for your overwhelming support. Our team is focused on unlocking value across our three US silver and critical metals projects. Now let's get to work! ⚒️
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We are pleased to announce that our merger with Summa Silver Corp has been completed 🎉 Through this transformative transaction, we now represent one of the premier US high grade silver explorers & developers 💥 Gary R. Thompson, Chairman of Silver47 Exploration stated: “We are excited to have reached this transformative milestone which begins our rapid growth phase to become a large high-grade USA focused silver company. I’m looking forward to unlocking the value of these assets.” Galen McNamara, CEO of Silver47 Exploration stated: “Silver47 Exploration now emerges as a premier United States-focused high-grade silver explorer and developer. Uniting projects in Alaska, Nevada, and New Mexico cumulatively hosting well over 200 million silver equivalent ounces with clear upside potential, we’re poised to benefit from a renewed interest in United States mineral development at a time when the importance of domestic production has returned to the national spotlight. With a talented team, strong cash position, and support from our shareholders, we plan to aggressively drive exploration, growth, and development. This combination enhances our scale and visibility in an emerging silver and critical metals market, positioning us to advance our vision and deliver ongoing value to shareholders.” Read the release for more information and important disclosures → https://lnkd.in/g_hXacrY
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