Silver47

One of the largest US-focused silver exploration companies with 246 million silver equivalent ounces¹ $AGA.V $AAGAF

[Silver47 @Silver47co]

@neha041187 @DeItaone $AAGAF 🇺🇸
$AGA.V 🇨🇦

As soon as we are able to give a timeline, we will let you know 🙏

[Silver47 @Silver47co]

"Continued drilling at Dry Creek will further delineate the high-grade resource base already established in this prospective Alaskan district.” –CEO Galen McNamara $AGA.V $AAGAF 🎯 A fully funded, three-rig program at Red Mountain is set to aggressively expand the resource.

[Peter Krauth @peter_krauth]

Silver47 @Silver47co is heading into a drill-heavy summer at Red Mountain.

➡️10,000 metres.
➡️3 rigs.
➡️Fully funded.
➡️A 60 km mineralized trend.
Dry Creek is already sizeable — but the real intrigue may be the discovery targets still ahead.
I break it down in today’s Silver Advisor:
https://t.co/GUxag8jucx

@TedJButler

[Ted Butler @TedJButler]

Silver47 @Silver47co is set to launch a fully funded 10,000m drill program at Red Mountain, Alaska.

3,000m will target resource expansion at Dry Creek, which already hosts 168.6M AgEq oz at 336 g/t AgEq.

Another 7,000m will test discovery targets across a 60 km mineralized trend, including Hunter, FOMO, Glacier Creek, Sheep Creek, and WTF East.

Three rigs. Multiple targets. Busy summer ahead.

@peter_krauth's Full Analysis inside today's Silver Advisor:

https://t.co/rLT6a3tnpw

[Silver47 @Silver47co]

We have news ⚡️ THREE RIGS are on the way to our Red Mountain Project in Alaska. Focus is on resource expansion (current 168.6M oz AgEq¹) and drilling multiple underexplored VMS targets with strong historical grades. $AGA.V $AAGAF

¹ See the release → https://t.co/eCgGAwJD17

[Silver47 @Silver47co]

https://t.co/OYLDdTcvcs

[TMX Newsfile @newsfile_corp]

Silver47 Set to Commence Fully Funded 10,000-Meter Drill Program at the Red Mountain Silver and Critical Minerals Project, Alaska

Full Story: https://t.co/G6yToVj0UL

#silver47co $AAGAF #AGA.CA #AGA.V #JuniorMining #Mining #MiningStocks #DrillResults #Metals #PreciousMetals

[Junior Mining Network @JrMiningNetwork]

Silver47 Set to Commence Fully Funded 10,000-Meter Drill Program at the Red Mountain Silver and Critical Minerals Project, Alaska $AGA.V https://t.co/FmXY0tZsdY

[Silver47 @Silver47co]

Silver47 math:
+ 246M silver ounces AgEq¹ in the USA
+ Fully funded silver explorer with $50M
+ ~$25M in drill programs planned across Nevada, New Mexico & Alaska in 2026

We haven't announced the Alaska multi-rig program yet.

But it's coming. $AGA.V $AAGAF

¹ For important notes on mineral resource estimates, please refer to Table 1 "Combined Silver Mineral Resource Summary" → https://t.co/HhetoUMeOt

¹ Silver47 Resources mineral resource estimates (MREs) for Red Mountain (effective January 12, 2024) and Summa Resources MREs for Hughes and Mogollon projects were prepared in accordance with CIM Definition Standards for Mineral Resources and Reserves (May 10, 2014) and Best Practice Guidelines (November 29, 2019). Red Mountain QP is Warren Black, https://t.co/Log1PlOjny., P.Geo., of APEX Geoscience Ltd.; Summa QPs as per respective technical reports.

Mineral resources are not mineral reserves and do not have demonstrated economic viability. No reserves have been outlined. There is no certainty that any part of the resources will be converted to reserves. Inferred resources are uncertain in quantity and grade; insufficient exploration exists to define them as Indicated or Measured, and further work may not upgrade them. Estimates may be affected by environmental, permitting, legal, title, taxation, market, or other factors. Figures are rounded; totals may not sum due to rounding. Reported grades are undiluted.

Red Mountain Specifics: ZnEq and AgEq use metal prices US$2,750/t Zn, $2,100/t Pb, $8,880/t Cu, $1,850/oz Au, $23/oz Ag; recoveries 90% Zn, 75% Pb, 70% Cu/Ag, 80% Au. Open-pit assumptions: $3/t mining, $19/t processing, 48° slopes. Underground: $50/t mining, $19/t processing. Densities: 2.94 g/cm³ mineralized/waste (iron-adjusted formula), 1.8 g/cm³ overburden.

Summa Specifics: AgEq based on $25/oz Ag, $2,100/oz Au; recoveries 90-97% Ag/Au. Cut-offs incorporate mining ($2.25-$88/t), processing ($21-$36/t), G&A ($9/t), refining ($0.20-$0.50/oz), 3% royalty (total costs $33-$134/t). Tailings in optimized pit; in situ/underground per mining method.
Full details in technical reports on SEDAR+.

[Silver47 @Silver47co]

Our bullion store is open with some inventory left 🥳 These limited mint collectible rounds are IRA eligible with investment-grade silver purity. Have a special someone? These are perfect for collecting and gifting $AGA.V $AAGAF

[Silver47 @Silver47co]

Most major northern Nevada mines began as historic districts – Kennedy is one of them. Mined to only 50 ft for “free milling” gold, we've staked ~6,000 acres with ~15 km of undrilled veins and surface samples in the tens g/t Au and hundreds to thousands g/t Ag. $AGA.V $AAGAF

[Silver47 @Silver47co]

If the surface looks like this... what does it look like below?
→ 38.7 g/t Au and 1,713 g/t Ag
→ 9.7 g/t Au and 1,351 g/t Ag

"The presence of such strong grades at surface reinforces the potential for a robust mineralized system at depth..." – CEO Galen McNamara $AGA.V $AAGAF

[Silver47 @Silver47co]

Since last year, our Kennedy Project has advanced from a few high‑grade rock-chip samples to a broader vein‑hosted gold‑silver mineralized system with multi‑gram gold & multi‑hundred‑gram silver across a much larger footprint. Still under‑the‑radar. Still pre-drill $AGA.V $AAGAF

[Silver47 @Silver47co]

In about a year, our Kennedy Project has advanced from a few high‑grade rock-chip samples to a broader vein‑hosted gold‑silver mineralized system with multi‑gram gold & multi‑hundred‑gram silver across a much larger footprint. Still under‑the‑radar. Still pre-drill $AGA.V $AAGAF

[Silver47 @Silver47co]

Definition of an “undiscovered growth” story → $AGA.V $AAGAF trades at ~US$0.30/oz AgEq while peers fetch US$2–3/oz, despite: 1) Control of three high‑grade U.S. silver projects 2) 246M AgEq¹ ounces at 330+ g/t, 3) a ~US$50M treasury, and 4) Drilling 3 projects ⚡️ @IanWagner2

¹ For important notes on mineral resource estimates, please refer to Table 1 "Combined Silver Mineral Resource Summary" → https://t.co/A87oFNq0Xm

¹ Notes to Silver47 Mineral Resources:
1. The 2024 Red Mountain mineral resource estimate (“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, https://t.co/Log1PlOjny., P.Geo. of APEX Geoscience Ltd., a “qualified person” (“QP”) as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), is responsible for completing the MRE, effective January 12, 2024.
3. Mineral resources that are not mineral reserves have no 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 mineral resources is uncertain, and there has not been sufficient work to define the inferred mineral resource as an indicated or measured mineral resource.
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.
9. Recoveries are 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au.
10. ZnEQ (%) = [Zn (%) x 1] + [Pb (%) x 0.6364] + [Cu (%) x 2.4889] + [Ag (ppm) x 0.0209] + [Au (ppm) x 1.923]
11. AgEQ (ppm) = [Zn (%) x 47.81] + [Pb (%) x 30.43] + [Cu (%) x 119] + [Ag (ppm) x 1] + [Au (ppm) x 91.93]
12. Open-pit resource economic assumptions are US$3/tonne for mining mineralized and waste material, US$19/tonne for processing, and 48° pit slopes.
13. Underground resource economic assumptions are US$50/tonne for mining mineralized and waste material and US$19/tonne for processing.
14. Open-pit resources comprise blocks constrained by the pit shell resulting from the pseudoflow optimization using the open-pit economic assumptions.
15. Underground resources comprise blocks below the open-pit shell that form minable shapes. They must be contained in domains of a minimum width of 1.5 m at Dry Creek or 3 m height at West Tundra Flats. Resources not meeting these size criteria are included if, once diluted to the required size, maintain a grade above the cutoff.

Notes to Summa Mineral Resources:
1. Silver Equivalent (AgEq) cut-off grade for the Hughes Project in situ Mineral Resources is based on a silver price of $25/oz, recovery of 90% Ag, and cost assumptions including: USD$88.2/t average mining cost for approximately 70% longhole stoping and 30% cut and fill mining, USD$36.3/t processing cost, USD$9.7/t G&A cost, USD$0.20/oz Ag refining cost for a total mining, processing and G&A cost of USD$134.2/tonne. A 3% royalty has also been applied to the cut-off grade determination.
2. Silver Equivalent (AgEq) cut-off grade for the Hughes Project tailings Mineral Resources is contained within an optimized pit and based on a silver price of $25/oz, recovery of 90% Ag, and cost assumptions including: USD$2.25/t mining cost, USD$21.0/t processing cost, USD$9/t G&A cost, USD$0.50/oz Ag refining cost for a total mining, processing and G&A cost of USD$33.34/tonne. A 3% royalty has also been applied to the cut-off grade determination.
3. Silver Equivalent (AgEq) cut-off grade for the Mogollon Project Mineral Resources is based on a silver price of $25/oz, recovery of 97% Ag, and cost assumptions including: USD$83/t mining cost for longhole stoping, USD$36.3/t processing cost, USD$9.7/t G&A cost, USD$0.20/oz Ag refining cost for a total mining, processing and G&A cost of USD$129/tonne A 3% royalty has also been applied to the cut-off grade determination.
4. AgEq is based on silver and gold prices of $25/oz and $2100/oz respectively, and recoveries for silver and gold of 90% and 97%, respectively for the Hughes Project, and 97% and 97%, respectively, for the Mogollon Project. AgEq Factor= (Ag Price / Au Price) x (Ag Rec / Au Rec); g AgEq/t = g Ag/t + (g Au/t / AgEq Factor).
5. Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grade, and contained metal content.
6. Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resources estimated will be converted into mineral reserves. The quantity and grade of reported Inferred mineral resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred mineral resources as Indicated mineral resources. It is uncertain if further exploration will result in upgrading them to the Indicated mineral resources category.
7. The Mineral Resources were estimated in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions (2014) and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council.
8. There are no known environmental, permitting, legal, or other factors which could materially affect the MREs.

[Silver47 @Silver47co]

We're hitting the road to meet investors this week and next 🚕 First stop: Atlanta, Georgia May 14 & 15. Next Week: The Commodities Global Expo in Washington DC & Fort Lauderdale. For one-on-one meeting requests, please email [email protected] $AGA.V $AAGAF

[Silver47 @Silver47co]

We are now drilling a largely untested 4km eastern extension at Hughes.

Early holes confirm Silver-sulfides in veins/breccias + strong alteration.

~20% of 7,000 meters complete. We are fully funded with an option to expand this program. We like the leverage. $AGA.V $AAGAF

[Silver47 @Silver47co]

Check out the new Episode of Mining Stock Daily with $AGA.V $AAGAF CEO Galen McNamara speaking with @TrevAHall Trevor Hall

Spotify → https://t.co/iABTJ22Mkw

[Trevor Hall @TrevAHall]

Corporate Introduction: Silver 47 Builds a U.S.-Focused Silver Platform - Clear Commodity Network

@Silver47co

https://t.co/TZ8Kt6R1x3