Silver47 Launches 10,000-Meter Drill Program at Red Mountain Project, Alaska
Silver47 Exploration initiates a fully funded 10,000-meter drilling campaign at the Red Mountain Project in Alaska to enhance its silver resource and explore new polymetallic targets. This strategic initiative aims to position the project as a key U.S. source of critical minerals.
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Silver47 Exploration is set to commence a 10,000-meter drilling program at the Red Mountain Project in Alaska, focusing on resource expansion and new discoveries. The campaign will involve three drill rigs targeting the inferred resource of 168.6 million silver equivalent ounces at the Dry Creek deposit, alongside testing various undrilled polymetallic occurrences across a 60 km trend.
Approximately 7,000 meters will be dedicated to discovery drilling, with current mobilization of field crews and drill rigs underway. The project aims to enhance the understanding of the mineralization potential, which could significantly impact the supply of critical minerals in the U.S.
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