202619 releases
Silver47 Soil Survey Highlights 15 km High-Grade Vein Network and Outlines New Disseminated Gold Target at Kennedy, Nevada
A property-wide soil geochemical survey of 2,924 samples over ~18 km² at the wholly owned Kennedy gold-silver Project, 70 km south of Winnemucca, Nevada, returned gold and multi-element anomalies coincident with the ~15 km vein network, including a ~1.3 km gold-in-soil anomaly along the Cricket-Accident trend where prior rock samples returned up to 39.4 g/t Au and 370 g/t Ag. A new ~500 m × 600 m gold anomaly was outlined at Lamberson. A DCIP survey is planned to define targets for inaugural drilling.
Drill resultsSilver47 Announces Mailing of Meeting Materials for Special Meeting of Shareholders
Meeting materials for a special shareholder meeting on October 27, 2026 have been mailed, at which Silver47 shareholders will vote on a plan of arrangement under which Bunker Hill Mining Corp. would acquire all outstanding Silver47 shares for 0.1724 Bunker Hill shares per Silver47 share. Based on Bunker Hill's August 20, 2026 TSX close, that implies approximately C$0.93 per share, a roughly 38% premium to Silver47's TSXV close and 30% to its 20-day VWAP. The proxy voting deadline is October 23, 2026 at 10:00 a.m. Vancouver time, and the board unanimously recommends voting for the resolution.
CorporateSilver47 Drills Massive Sulfide at the New Second Chance Zone: 74 m of Visually Observed Semi-Massive to Massive Sulfide Intervals Within 197 m of Continuous Sulfide Mineralization, Red Mountain Project, Alaska
Drill hole SC26-003 at the new Second Chance zone, 43 km west of the Dry Creek deposit at the Red Mountain Project in Alaska, intersected 196.9 m of visually observed continuous pyrite-sphalerite-galena mineralization from 48.8 m to 245.7 m core length, including a cumulative 74 m of semi-massive to massive sulfide. At Dry Creek, DC26-118 returned 50.6 m of visually observed continuous sulfide. The 4,136 m, 14-hole summer program across five targets is complete, with assays pending.
Drill resultsBunker Hill and Silver47 Announce Merger to Create a ‘Made In America’ U.S. Silver & Critical Minerals Champion
Bunker Hill Mining and Silver47 have entered a definitive arrangement agreement dated August 20, 2026 under which Bunker Hill will acquire all Silver47 shares, with Silver47 holders receiving 0.1724 Bunker Hill shares per share — about US$0.67 (C$0.93) per share, a 38% premium to the August 20 close and roughly US$163,000,000 (C$225,000,000) fully diluted. Bunker Hill and Silver47 shareholders would hold about 57% and 43%; the combined company would be renamed Bunker Hill Silver Corp. Bunker Hill also arranged a US$10,000,000 Ocean Partners concentrate prepayment facility and drew US$1,000,000 from Teck's standby facility. Closing is expected in November 2026.
AcquisitionSilver47 Auger Program Confirms 2.74 Moz Silver Equivalent Tailings Resource at Surface, Hughes Project, Nevada
All 21 auger holes drilled into the Belmont mine tailings at the Hughes Project in Tonopah, Nevada returned silver-gold mineralization from surface to the base of the tailings, over an average thickness of 3.3 m, with the program totalling approximately 68.6 metres and hole depths of 1.05 to 5.75 metres. The tailings host an inferred resource of 1.8 Moz silver and 11 koz gold (44 g/t Ag, 0.3 g/t Au, or 68 g/t AgEq) within about 1.26 Mt, on patented claims of roughly 1,200 m by 280 m beside US Highway 6. Metallurgical testwork, including cyanide leach and CIL tests, is ongoing.
Resource updateSilver47 Commences Fully Funded 10,000-Meter Drill Program at the Red Mountain Silver and Critical Minerals Project, Alaska
A fully funded 10,000-metre core drilling program has begun at the Red Mountain silver and critical minerals project, 60 miles south of Fairbanks, Alaska, with one rig operating and all three rigs expected active by the end of the month. About 3,000 m of infill and step-out drilling will target expansion of the Dry Creek inferred resource of 11.6 million tonnes at 279.4 g/t AgEq (104.0 million AgEq ounces), with further holes testing undrilled VMS targets along a 60 km trend. The company holds approximately C$48 million in working capital.
Drill resultsSilver47 Set to Commence Fully Funded 10,000-Meter Drill Program at the Red Mountain Silver and Critical Minerals Project, Alaska
A fully funded 10,000-metre, three-rig core drill program will begin this summer at the Red Mountain silver and critical minerals project, 60 miles south of Fairbanks, Alaska, with the first rig on site and all three expected active by the end of June. About 3,000 m of infill and step-out drilling will target the Dry Creek deposit, with roughly 7,000 m of discovery drilling at the Hunter, WTF East, Glacier Creek, FOMO and Sheep Creek targets along a 60 km trend.
Drill resultsSilver47 Reports New High-Grade Rock Sample Results from the Expanded Kennedy Gold-Silver Project, Nevada
Rock sampling and geological mapping at the expanded 6,150-acre Kennedy gold-silver Project, 70 km south of Winnemucca, Nevada, returned up to 38.7 g/t Au and 1,713 g/t Ag from the Borlasca Vein, 7.06 g/t Au and 1,566 g/t Ag at Wallace, and 32.2 g/t Au at Lamberson, from 70 new samples across a ~15 km vein network. Grid soil geochemistry of up to 3,000 samples on 100 m lines has commenced, with possible follow-up IP surveying. At the Hughes Project's Ruby Target, four RC pre-collars and one core tail are complete, under 20% of planned meters, with both core holes intersecting multimeter-scale quartz-calcite veining and breccias.
Drill resultsSilver47 Triples the Size of the Kennedy Gold-Silver Project in Nevada by Staking 4,150 Additional Acres Targeting High-Grade Veins
Staking of approximately 4,150 additional acres has tripled the Kennedy gold-silver project in Pershing County, Nevada to roughly 6,150 acres across 301 unpatented claims, 100%-owned with no NSR royalty. The project now covers over 15 km of known veins, with historic Gold Note mine grades reported as high as 15.5 g/t Au and 311 g/t Ag, and prior rock samples including 21.9 g/t Au and 2,336 g/t Ag. Mapping, sampling, soil geochemistry and drone geophysics are underway. At the Hughes Project, one drill hole is complete and a second in progress, with assays pending.
CorporateSilver47 Exploration Invited to Join DARPA-Sponsored Critical Minerals Forum
Silver47 Exploration Corp. (TSXV: AGA) has joined the Critical Minerals Forum, a coalition of miners, processors, investors and end-users seed-funded by the U.S. Department of War's Defense Advanced Research Projects Agency (DARPA) and comprising over 50 companies across the battery, semiconductor, defense and aerospace supply chains. The CMF provides capital-raising support, partnership formation, offtake agreements and coordinated industry engagement with the U.S. government. Silver47 holds projects in Alaska, Nevada and New Mexico, with resources of 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq indicated.
CorporateSilver47 Launches Drilling on the Eastern Extension of the Tonopah High Grade Silver District, Hughes Project, Nevada
Drilling has started on the eastern extension of the Tonopah Mining District at the Hughes Project near Tonopah, Nevada, with a core rig advancing an existing pre-collared hole and an RC rig expected shortly. The 2026 campaign comprises a minimum 7,000 metres of combined RC and diamond drilling at the Ruby, Sapphire and Emerald targets, 1.3–4+ km east of the historic district edge, beginning with at least four angled holes on 200 m step-outs at Ruby. The Company holds approximately $54 million in working capital.
Drill resultsSilver47 Unveils Plans for Aggressive Drill Program Across the Eastern Extension of the Prolific Tonopah Mining District, Hughes Project, Nevada
A minimum 7,000 metres of combined RC and diamond drilling is planned for March at the Hughes Project near Tonopah, Nevada, targeting the Ruby, Sapphire and Emerald discoveries 1.3–4+ km east of the historic Tonopah district edge. Drilling begins with at least four angled holes on 200 m step-outs along a north-south fence at Ruby, following prior results including 1,450 g/t AgEq (8.41 g/t Au, 813 g/t Ag) over 3.0 m in SUM23-59. The company reports over $50 million in working capital, with Red Mountain drilling slated for June.
Drill resultsSilver47 Announces AGM Results from its Annual General and Special Meeting of Shareholders
Shareholders approved all matters at Silver47 Exploration's annual general and special meeting held January 21, 2026 in Vancouver, British Columbia. Gary R. Thompson, Galen McNamara, Thomas O'Neill and Ryan Goodman were elected as directors, MNP LLP was appointed auditor, and an omnibus incentive plan was adopted. The plan is a 10% rolling plan under which 20,798,878 shares are issuable, representing 10% of shares outstanding as of January 21, 2026, replacing the previous share compensation plan.
CorporateSilver47 Launches Drilling to Target Depth Extensions of High-Grade Silver at Mogollon Silver-Gold Project, New Mexico
A winter core drill program has begun at the Mogollon Project near Silver City, New Mexico, testing depth extensions of high-grade silver-gold mineralization below the historical Last Chance Mine along the +2.5 km Last Chance Vein, outside the current inferred resource of 32.08 Moz AgEq at 367 g/t AgEq over 2.72 Mt. Drilling is expected to start at the Hughes Project in March and Red Mountain in June. The Company also granted 5,600,000 stock options at $0.99, expiring January 21, 2031.
Drill resultsSilver47 Announces Closing of $34.5 Million Bought Deal Public Offering, Including Full Exercise of Over-Allotment Option
A bought deal public offering of 32,857,800 units at $1.05 per unit closed for gross proceeds of $34,500,690, including full exercise of the over-allotment option. Each unit comprises one common share and one-half warrant exercisable at $1.40 until January 14, 2029. Research Capital Corporation led the syndicate, receiving a cash commission of $1,965,433.05 and 1,871,841 broker warrants; proceeds will fund expanded drill programs on Silver47's silver projects and working capital. The Offering remains subject to final TSXV approval.
Financing
202537 releases
Silver47 Announces Upsize of Bought Deal Public Offering to $30 Million
A bought deal public offering has been upsized to 28,572,000 units at $1.05 per unit for gross proceeds of $30,000,600, with Research Capital Corporation as lead underwriter and sole bookrunner. Each unit includes one common share and one-half warrant exercisable at $1.40 for 36 months; a 15% over-allotment option would raise gross proceeds to $34,500,690. Proceeds will fund expanded drill programs on Silver47's silver projects and working capital, with closing expected around the week of January 12, 2026.
FinancingSilver47 Discovers New High-Grade Massive Sulfide Zone at Red Mountain Project, Alaska
Property-wide prospecting and rock sampling across a 60 km trend at the wholly owned Red Mountain Project in Alaska identified the new FOMO Zone, with undrilled semi-massive to massive sulfide lenses 0.5 m to 5 m wide at surface. Grab samples returned 1,793 g/t AgEq (23.2% Zn, 10.05% Pb, 2.54% Cu, 74 g/t Ag), 1,138 g/t AgEq and 972 g/t AgEq. Over 230 rock samples defined three priority targets, including Sheep Creek. Drilling is set to begin in January at Mogollon, New Mexico, and in March at Hughes, Nevada, with a Red Mountain drill program planned for summer 2026.
Drill resultsSilver47 Announces $20 Million Bought Deal Public Offering of Units
A bought deal public offering of 19,048,000 units at $1.05 per unit for gross proceeds of $20,000,400 has been agreed with Research Capital Corporation as lead underwriter and sole bookrunner. Each unit includes one common share and one-half warrant exercisable at $1.40 for 36 months, with a 15% over-allotment option available for 30 days after closing. Closing is expected on or about the week of January 12, 2026, with proceeds funding expanded drilling on the company's silver projects and working capital.
FinancingSilver47 Announces Upgrade to OTCQX
Silver47 Exploration's common shares have been upgraded from the OTCQB to the OTCQX Best Market in the United States, where they now trade under the ticker symbol AAGAF. The shares will continue to trade on the TSX Venture Exchange under the symbol AGA. The company reports a combined resource of 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq indicated across projects in Alaska, Nevada and New Mexico.
CorporateSilver47 Drills 606 g/t Silver Equivalent* over 9.65 m at the Silver-Rich Red Mountain Project, Alaska
Final assay results from the 2025 drill program at the wholly-owned Red Mountain Project in Alaska returned 606 g/t silver equivalent over 9.65 m (124 g/t Ag, 1.82 g/t Au, 4.99% Zn, 2.00% Pb, 0.12% Cu) in hole DC25-113 at Dry Creek, including 4,731 g/t AgEq over 0.4 m. At West Tundra Flats, a 150 m step-out hole WT25-41 cut 826 g/t AgEq over 1.9 m, including 1,867 g/t AgEq over 0.5 m. The program comprised fifteen holes; planning is underway for 2026 drilling.
Drill resultsSilver47 Identifies New Drill Targets Across the Adams Plateau Project, BC, Canada
Soil and rock sampling at the wholly owned Adams Plateau Project in south-central British Columbia covered over 5,000 soil samples across roughly 35 km² plus more than 90 rock samples, defining multiple multi-element soil anomalies as drill targets. Grab samples returned up to 2,310 g/t Ag with 20.0% Pb and 1.7% Zn, and 1,230 g/t Ag with 20.0% Pb and 5.4% Zn. A five-year multi-year area-based permit allows drill testing. Assays remain pending for 8 holes at Red Mountain, Alaska.
Drill resultsSilver47 Intersects High-Grade Mineralization in Step-Out Holes at Red Mountain, Alaska, and Hughes, Nevada
Step-out drilling at the Red Mountain Project, Alaska returned 640 g/t silver equivalent over 6.9 m, including 1,341 g/t AgEq over 3.05 m, in a 165 m step-out in WT25-38, and 344 g/t AgEq over 12.8 m in DC25-108 at Dry Creek. At the Hughes Project, Nevada, holes east of the Ruby discovery returned 509 g/t AgEq over 1.1 m in SUM24-65 and 546 g/t AgEq over 0.5 m in SUM23-60. Assays for eight additional Red Mountain holes are pending.
Drill results