Video News/Investment Trends

Silver47 Exploration (TSXV: AGA) is advancing a portfolio of high-grade silver projects in the United States, anchored by the Red Mountain deposit in Alaska, which hosts a 168 Moz silver-equivalent resource grading 336 g/t. Speaking with Kitco Mining at PDAC 2026 in Toronto on March 2, VP of Investor Relations Giordy Belfiore said the company’s strategy is focused on building scale across its U.S. silver assets in Alaska, Nevada and New Mexico. “It has 168 million ounce silver equivalent resource at 336 grams per ton,” Belfiore said of Red Mountain. Silver47 is planning 15,000 to 20,000 meters of drilling at Red Mountain beginning in early June 2026, using four rigs to expand the resource and test new targets. The company is also starting about 7,000 meters of drilling at its Hughes project in Nevada, part of a broader exploration pipeline for the year. Belfiore said the company currently has about $55 million in working capital to fund exploration across its three core projects, while also highlighting a potential valuation gap relative to peer silver explorers.