Silver47 Unveils New High-Grade Discovery at Alaska’s Red Mountain and Maps District-Scale Potential

Silver47 Exploration Corp ( (TSE:AGA) ) has provided an announcement.

Silver47 Exploration Corp. reported the discovery of a new high-grade massive sulfide zone, dubbed the FOMO Zone, at its wholly owned Red Mountain Project in Alaska, where surface lenses up to 5 metres wide and exceptional silver-equivalent grades suggest the potential for a new VMS system in previously untested stratigraphy. A property-wide prospecting and rock sampling program across a 60 km trend also outlined multiple undrilled, silver-rich polymetallic occurrences, building a pipeline of largely untested drill targets and reinforcing the district-scale discovery potential of Red Mountain. The company, which has been transformed in size and scope following last year’s merger, plans an aggressive 2026 drill campaign at Red Mountain alongside continuous drilling at its Mogollon and Hughes projects, positioning it for resource updates, further growth across its U.S. silver portfolio and a series of near-term operational catalysts.

More about Silver47 Exploration Corp

Silver47 Exploration Corp. is a precious and base metals explorer focused on high-grade, silver-rich polymetallic deposits in the United States, with core projects including the Red Mountain Project in Alaska and the Mogollon and Hughes projects in New Mexico and Nevada. Formed via the at-market merger of Summa Silver and another peer, the company now controls a portfolio of volcanogenic massive sulfide (VMS) and silver-gold targets it aims to advance through resource growth, drilling and potential development studies.

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Technical Sentiment Signal: Strong Buy

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