Increasing Size And Grade Of Resource At West Tundra Flats Zone

VANCOUVER - Silver47 Exploration Corp. reported on diamond drill core holes at the West Tundra Flats resource area for a combined 331m at its Red Mountain Project in Alaska. Both drill holes cut high-grade silver-zinc-lead-gold-copper zones within a wider sulfide mineralization horizon.

Highlights from 2024 West Tundra Flats Drill Holes: 1) WT24-33 returned a 22.03m interval of sulfide mineralization grading 177.10 g/t AgEq. 2) (57.5 g/t silver, 0.14 g/t gold 1.6% zinc, 0.67% lead, 0.09% copper), including 2.90m of 1,078.8 g/t AgEq from 121.70m depth, and (417.4 g/t silver, 0.74 g/t gold, 9.1% zinc, 4.7% lead, 0.105% copper). 3) WT24-34 returned 4.37m 656.2 g/t AgEq from 92.25m depth, including 1.47m of 1,488.4 g/t AgEq, and (356 g/t silver, 2.9 g/t gold, 13.7% zinc, 6.2% lead, 0.16% copper).

Alex Wallis, P.Geo., Vice President of Exploration, said, "The successful confirmation and infill holes drilled at West Tundra Flats suggest a path to increasing the size and grade of the resource by utilizing modern drilling to fill the widely spaced historical drilling. Historical drilling had poor core recovery at West Tundra Flats, including through mineralized intervals. The high-percentage core recovery achieved in 2024 gives us an opportunity to improve upon the already robust grade reported from the 1980's drilling."