Silver47 Exploration (TSX-V:AGA) has drilled multiple new silver-gold veins east of the Ruby discovery within the Red Mountain Project in the US, confirmed by assays from the first batch of a 2025 drilling program.
The 2025 US summer program targeted untested areas near historical high-grade intercepts to enhance Red Mountain’s inferred 168.6 million silver-equivalent ounce resource at the Dry Creek and West Tundra Flat prospects.
Results include 6.9m @ 640g/t silver equivalent, including 3.05m @ 1,341g/t silver equivalent; and 12.8m @ 344g/t silver equivalent, including 1.3m @ 646g/t silver equivalent.
Based on the results and ongoing geological modelling, multiple mineralised lenses and domains at both deposits remain open along strike and downdip. Assays remain pending from eight holes at the Red Mountain Project.
CEO Galen McNamara says these results and planned drilling underscore the company’s commitment to unlocking value.
“We are excited to accelerate our exploration at our US projects in 2026 and beyond,” McNamara says.
The Red Mountain Project represents a district-scale polymetallic opportunity with upside potential in Alaska, US.
Silver47 Exploration is a mineral explorer and developer primarily focused on silver in American districts.
Write to Aaliyah Rogan at Mining.com.au
Images: Silver47 Exploration
