Silver47 Discovers Critical Minerals at Alaska Project
1.7 miles apart with a six-hole drill program carried out last year. Highlights from the 2024 Red Mountain drill program include: n 15.2 meters averaging 106 g/t silver, 0.45 g/t gold, 6.4% zinc, 2.2% lead, and 0.19% copper in hole DC24- 104 (Dry Creek). n 18.9 meters averaging 150.6 g/t silver, 0.82 g/t gold, 5.9% zinc, 2.6% lead, and 0.17% copper in hole DC24- 105 (Dry Creek). n 24.51 meters averaging 55.5 g/t silver, 1.99 g/t gold, 4.08% zinc, 1.32% lead, and 0.1% copper in hole DC24- 106 (Dry Creek). n 22 meters averaging 57.5 g/t silver, 0.14 g/t gold, 1.6% zinc, 0.67% lead, and 0.09% copper in hole WT24- 33 (West Tundra Flat). n 4.4 meters averaging 157.4 g/t silver, 1.05 g/t gold, 6.3% zinc, 3.03% lead, and 0.08% copper in hole WT24- 34 (West Tundra Flat). Now, Silver47 reports that a full review of historical and its own drilling has identified high antimony and gallium values throughout both deposits, as well as elevated niobium and vanadium, primarily in the western portion of Dry Creek. — North of 60 Mining News
Silver47 Exploration Corp. has reported it has discovered a suite of critical minerals alongside the silver, gold, zinc and copper in the Dry Creek and West Tundra Flat deposit on its Red Mountain project about 60 miles south of Fairbanks. “The high antimony and gallium content within both existing resource zones shows that there is more value to unlock at Red Mountain as we continue drilling to grow the already impressive polymetallic resource,” said Silver47 Vice President of Exploration Alex Walls. While Silver47 is a young mineral exploration company that went public with a listing on the TSX Venture Exchange last November, the company has made significant headway at its flagship Red Mountain project. According to a resource update calculated for Silver47 last year, two previously outlined volcanogenic massive sulfide (VMS) deposits at Red Mountain — Dry Creek and West Tundra Flats — host a combined 15.6 million metric tons of inferred resource averaging 71.4 grams per metric ton (35.9 million ounces) silver, 0.43 g/t (214,000 ounces) gold, 3.4% (1.17 billion pounds) zinc, 1.4% (476 million pounds) lead, and 0.17% (57 million pounds) copper. The company further confirmed and expanded upon the mineralization within these two deposits that lie about
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www.alaskaminers.org I The Alaska Miner I March 2025
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