Drilling update from Silver47 Exploration CEO Galen McNamara → We’re two months into our first full season of drilling at Red Mountain, Alaska. We're targeting: 🔹 Step-outs to grow tonnage 🔹 High-grade zones to boost ounces & pounds ✅ Red Mountain already hosts 15M tonnes / 168M AgEq oz¹ Thanks to Gilbert Chan for hosting. ¹ For important notes on mineral resource estimates, please refer to Table 1 "Combined Open Pit and Underground Inferred Mineral Resource Estimate for the Red Mountain Project, Alaska" → https://lnkd.in/gQiJAAgj ¹ Notes to Table 1: 1. The 2024 Red Mountain MRE was estimated and classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” dated November 29, 2019, and the CIM “Definition Standards for Mineral Resources and Mineral Reserves” dated May 10, 2014. 2. Mr. Warren Black, M.Sc., P.Geo. of APEX Geoscience Ltd., a QP as defined by NI 43-101, is responsible for completing the 2024 Mineral Resource Estimate, effective January 12, 2024. 3. Mineral resources that are not mineral reserves have not demonstrated economic viability. No mineral reserves have been calculated for Red Mountain. There is no guarantee that any part of the mineral resources discussed herein will be converted to a mineral reserve in the future. 4. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, market, or other relevant factors. 5. The quantity and grade of reported Inferred Resources is uncertain, and there has not been sufficient work to define the Inferred Mineral Resource as an Indicated or Measured Mineral Resource. It is reasonably expected that most of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. 6. All figures are rounded to reflect the relative accuracy of the estimates. Totals may not sum due to rounding. Reported grades are undiluted. 7. A standard density of 2.94 g/cm³ is assumed for mineralized material and waste rock. Overburden density is set at 1.8 g/cm³. For mineralized material blocks with iron assays close enough to estimate an iron value for the block, density is calculated using the formula: density (g/cm³) = 0.0553 * Fe (%) + 2.5426. 8. Metal prices are 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.
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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Silver47 Exploration reposted this
On today's Commodity Culture, Galen McNamara, CEO of Silver47 Exploration points out that the US electricity grid needs a major overhaul to make way for AI data centers, to the tune of ten times current output and to do that, you've got to have #silver. https://lnkd.in/gTKqeFey
We Need 10x More Energy and That Means SILVER Demand Will EXPLODE
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Silver47 Exploration reposted this
More exciting additions to our lineup for the Ignite Investment Summit on 15 – 16 October 2025 at the Grand Hyatt, Hong Kong! Investors, get ready to meet 1-on-1 with: ✅ Robert Archer and Karen Davies from Pinnacle Silver and Gold Corp. (TSXV: PINN, OTC: PSGCF, Frankfurt: P9J): an Americas-focused silver-gold exploration and development company, focusing on a high-grade past-producing gold-silver mine in the heart of the Sierra Madre Belt of Mexico and the past-producing Argosy gold mine, in the prolific Red Lake District, NW Ontario; ✅ Galen McNamara and Giordy Belfiore from Silver47 Exploration (TSXV:AGA; OTCQB: AAGAF; Frankfurt: QP2): 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 combined 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, the company is anchored in America's most prolific mining jurisdictions; and ✅ Bruce Garlick and Gerard O'Donovan from West Coast Silver Ltd (ASX: WCE): an exploration and development company focused on the discovery and development of the Elizabeth Hill Silver Project, in the Tier 1, West Pilbara province, Australia, supported by a platform of complementary, in-demand resource projects. Click here to see our full lineup of pre-vetted and high-quality corporates: https://lnkd.in/gCsPdYJr Secure your complimentary investor pass to pre-arrange your 1-on-1 meetings: https://lnkd.in/d-q6PvDQ #mininginvestment #investorrelations #investormeetings
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Our Red Mountain project already hosts 168.6M silver eq. oz¹ — but after analyzing 25k+ samples, we’ve uncovered 35+ new mineralized prospects beyond current zones. “...the data suggest the likely presence of additional undiscovered and potentially giant VMS deposits...” – Galen McNamara CEO Silver47 Exploration ¹ For important notes on mineral resource estimates, please refer to Table 1 "Combined Open Pit and Underground Inferred Mineral Resource Estimate for the Red Mountain Project, Alaska" → https://lnkd.in/gQiJAAgj ¹ Notes to Table 1: 1. The 2024 Red Mountain MRE was estimated and classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” dated November 29, 2019, and the CIM “Definition Standards for Mineral Resources and Mineral Reserves” dated May 10, 2014. 2. Mr. Warren Black, M.Sc., P.Geo. of APEX Geoscience Ltd., a QP as defined by NI 43-101, is responsible for completing the 2024 Mineral Resource Estimate, effective January 12, 2024. 3. Mineral resources that are not mineral reserves have not demonstrated economic viability. No mineral reserves have been calculated for Red Mountain. There is no guarantee that any part of the mineral resources discussed herein will be converted to a mineral reserve in the future. 4. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, market, or other relevant factors. 5. The quantity and grade of reported Inferred Resources is uncertain, and there has not been sufficient work to define the Inferred Mineral Resource as an Indicated or Measured Mineral Resource. It is reasonably expected that most of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. 6. All figures are rounded to reflect the relative accuracy of the estimates. Totals may not sum due to rounding. Reported grades are undiluted. 7. A standard density of 2.94 g/cm³ is assumed for mineralized material and waste rock. Overburden density is set at 1.8 g/cm³. For mineralized material blocks with iron assays close enough to estimate an iron value for the block, density is calculated using the formula: density (g/cm³) = 0.0553 * Fe (%) + 2.5426. 8. Metal prices are 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.
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“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
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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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