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Drill Results

Silver47 Highlights Expansive High-Grade Gold and Silver System at the Kennedy Project, Nevada

By The Northwire Desk — AI Analysis Sep 04, 2025 · 07:01 AGA · 0.83 Silver47 Exploration Corp.
AGA · Price

Executive Summary

  • Silver47 announced high‑grade gold‑silver assay results from a rock‑chip, dump and float sampling program at the Kennedy Project in Nevada, with multiple samples exceeding 20 g/t Au and several over 2,000 g/t Ag.
  • The company staked an additional 4,000 acres of unpatented claims surrounding the vein corridor, expanding its land position around the district.
  • A multidisciplinary fall exploration program (mapping, ground geophysics and soil/rock geochemistry) is planned to define drill targets; drilling continues at the Red Mountain project in Alaska with results pending.

Key Details

  • Assay Highlights (selected samples):
  • Borlasca Vein – 21.9 g/t Au, 2,336 g/t Ag, 8.56 % Cu
  • Fourth of July Vein – 6.2 g/t Au, 3,037 g/t Ag
  • Gold Note Vein – 40.4 g/t Au, 232 g/t Ag; also 11.1 g/t Au, 1,020 g/t Ag (dump)
  • Cricket Vein – 39.4 g/t Au, 370 g/t Ag
  • Hidden Treasure Vein – 44.5 g/t Au (Ag not reported)

  • Imperial Vein – 30.4 g/t Au, 148 g/t Ag

  • Total samples collected: 109 rock‑chip/dump/float/subcrop specimens across 11 targets; combined with >40 historic samples for a database of >150 assays.

  • Land Expansion: Additional 4,000 acres of unpatented mining claims staked around the Kennedy district to cover all prospective open ground.

  • Project Scale: Approximately 22 km of near‑surface vein systems identified; sampling area spans ~3 km × 2 km.

  • Red Mountain (Alaska) Update: 12 holes drilled at Dry Creek and West Tundra Flats; massive to disseminated sulfide zones intersected; assays pending, drilling ongoing.

  • Planned Fall Exploration (Kennedy):

  • Detailed geological mapping
  • Ground magnetic and induced‑polarization surveys
  • Soil and rock geochemical sampling

  • Target generation for future drill program

  • Technical Review: Release reviewed and approved by Galen McNamara, P. Geo., CEO and qualified person (NI 43‑101).

Notable Quotes

“Our exploration at the Kennedy Project is revealing high‑grade gold and silver targets across a 22 km network of largely untested veins… These initial results validate our acquisition strategy and position the district as a unique discovery opportunity in Nevada.” – Galen McNamara, CEO

All forward‑looking statements are subject to risks and uncertainties detailed in the release.

Read the original news release →

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