Silver47 Exploration (TSX-V:AGA) has intersected massive sulphides in multiple drillholes at the Red Mountain Project in Alaska, US, following the completion of the group’s US Summer 2025 drilling program.
At the Dry Creek prospect, eight holes were completed while seven holes were completed at the West Tundra Flats prospect. The drillholes intersected massive, semi-massive, and disseminated sulphides in step-out and infill drilling. The assays remain pending.
Both prospects remain open to expansion in multiple directions and Silver47 is currently completing geological modelling to guide vectoring towards additional mineralisation in 2026.
As Mining.com.au reported, Silver47 has been streamlining an updated resource estimate for the Red Mountain Project, via the summer exploration program which covered 4,000m of drilling.
CEO Galen McNamara says the company is now looking forward to drilling at the Mogollon Project in Q4, as well as the Hughes Project in early 2026.
“Fully funded with $27 million, we’re positioned to accelerate resource growth on our silver and critical mineral projects to deliver from America’s next generation of strategic mineral assets,” McNamara says.
An ongoing metallurgical study is being carried out to evaluate Red Mountain’s potentially significant concentrations of antimony and gallium.
The Red Mountain Project represents a district-scale polymetallic opportunity with significant upside potential.
Silver47 Exploration is a mineral explorer focused on discovering and developing silver-rich deposits in North America.
Write to Aaliyah Rogan at Mining.com.au
Images: Silver47 Exploration
