Vancouver, British Columbia–(Newsfile Corp. – September 4, 2025) – Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (“Silver47” or the “Company“) is pleased to provide assay results from a recently completed rock sampling program at its high-grade Kennedy gold-silver Project in Nevada (the “Kennedy Project“). Results demonstrate strong prospectivity for high-grade gold and silver mineralization across the under-explored project.
Highlights:
Galen McNamara, CEO, stated: “Our exploration at the Kennedy Project is revealing high-grade gold and silver targets across a 22 km network of largely untested veins. Having acquired this project by claim staking last year, it is also royalty free. These initial results validate our acquisition strategy and position the district as a unique discovery opportunity in Nevada. Concurrently, drilling at our Red Mountain project in Alaska is progressing well, with drilling intersecting promising massive sulfide zones. We look forward to sharing assay results as they become available to showcase the strength of our American project portfolio.”
Figure 1. Plan Map of Kennedy Project.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/265057_1b4d1a5c54f818c4_002full.jpg
Figure 2 (see attached figure). Disseminated, banded and massive sulfide mineralization featuring pyrite, pyrrhotite, chalcopyrite, sphalerite and galena in hole DC25-110 from the Red Mountain, Alaska. Photo is not intended to be representative of broader mineralization.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/265057_1b4d1a5c54f818c4_003full.jpg
Table 1: Rock assay highlights
| Sample ID | Zone | Au (g/t) | Ag (g/t) | Type | Easting* | Northing* |
| 351902 | Accident | 12.7 | 305 | dump | 437216 | 4459227 |
| 722881 | Accident | 8.2 | 78 | dump | 437118 | 4459331 |
| 351903 | Accident | 0.9 | 107 | dump | 437215 | 4459255 |
| 722894 | Borlasca | 3.2 | 258 | dump | 436104 | 4457845 |
| 722891 | Borlasca | 5.3 | 68 | outcrop | 436211 | 4457910 |
| 722893 | Borlasca | 21.9 | 2,336 | dump | 436214 | 4457907 |
| 722896 | Borlasca | 6.3 | 107 | dump | 436272 | 4457827 |
| J486215^ | Borlasca | 17.2 | 932 | dump | 436223 | 4457904 |
| 722875 | Cricket | 11.3 | 322 | outcrop | 437134 | 4459636 |
| 722872 | Cricket | 32.7 | 251 | dump | 437115 | 4459666 |
| 722871 | Cricket | 39.4 | 370 | dump | 437102 | 4459688 |
| 722870 | Cricket | 34.0 | 293 | dump | 437092 | 4459690 |
| 722869 | Cricket | 14.1 | 162 | subcrop | 437081 | 4459715 |
| 722873 | Cricket | 11.9 | 148 | outcrop | 437120 | 4459659 |
| 722868 | Cricket | 12.1 | 47 | dump | 437068 | 4459735 |
| 350137 | Cricket | 17.7 | 28 | dump | 437179 | 4459515 |
| 350134 | Cricket | 6.8 | 200 | dump | 437169 | 4459546 |
| 722878 | Danneburg | 3.8 | 326 | dump | 437281 | 4460597 |
| 350143 | Danneburg | 19.5 | 273 | dump | 437359 | 4460451 |
| 722876 | Danneburg | 3.1 | 116 | dump | 437391 | 4460431 |
| 350141 | Danneburg | 7.2 | 41 | subcrop | 437398 | 4460443 |
| 351908 | Fourth of July | 6.2 | 3,037 | float | 437186 | 4458978 |
| 351909 | Fourth of July | 9.6 | 2,360 | dump | 437176 | 4458993 |
| 722885 | Fourth of July | 2.6 | 575 | dump | 437091 | 4458997 |
| 722886 | Fourth of July | 11.0 | 239 | dump | 437121 | 4458989 |
| 351911 | Fourth of July | 4.6 | 315 | outcrop | 437203 | 4458947 |
| 722883 | Fourth of July | 4.1 | 211 | dump | 437122 | 4459101 |
| 351910 | Fourth of July | 1.9 | 454 | subcrop | 437155 | 4458999 |
| E923275^ | Gold Note | 11.1 | 1,020 | dump | 435331 | 4458209 |
| J486223^ | Gold Note | 20.1 | 114 | dump | 435391 | 4458114 |
| 350106 | Gold Note | 40.4 | 232 | dump | 435309 | 4458224 |
| 350101 | Gold Note | 10.9 | 724 | dump | 435319 | 4458213 |
| 350104 | Gold Note | 0.6 | 419 | dump | 435327 | 4458219 |
| 350102 | Gold Note | 5.0 | 122 | dump | 435322 | 4458215 |
| J486240^ | Gold Note | 5.4 | 32 | dump | 435330 | 4458222 |
| J486241^ | Gold Note | 8.4 | 8 | float | 435450 | 4458297 |
| 350122 | Hidden Treasure | 10.7 | 53 | subcrop | 435757 | 4458713 |
| 351914 | Hidden Treasure | 44.5 | 15 | dump | 435650 | 4458845 |
| J486233^ | Hidden Treasure | 8.6 | 43 | dump | 435656 | 4458844 |
| 722889 | Hidden Treasure | 12.0 | 53 | dump | 435609 | 4458805 |
| 722890 | Hidden Treasure | 27.6 | 11 | float | 435668 | 4458776 |
| 722864 | Imperial | 30.4 | 148 | dump | 436355 | 4459530 |
| 350133 | Imperial | 3.3 | 226 | dump | 436325 | 4459715 |
| 350130 | Imperial | 11.1 | 32 | dump | 436346 | 4459567 |
| 722867 | Imperial | 16.8 | 17 | dump | 436324 | 4459657 |
| 722860 | Imperial | 7.0 | 80 | dump | 436655 | 4458931 |
| 722861 | Imperial | 8.4 | 34 | dump | 436655 | 4458930 |
| 350131 | Imperial | 5.9 | 5 | subcrop | 436334 | 4459596 |
| 350129 | Imperial | 8.6 | 77 | dump | 436347 | 4459351 |
| J486238^ | Regional | 3.1 | 100 | dump | 435979 | 4457773 |
| 350121 | Regional | 5.7 | 21 | subcrop | 434848 | 4459187 |
| E923273^ | Trail/Senator | 3.1 | 583 | dump | 436605 | 4458764 |
| 722855 | Trail/Senator | 8.6 | 133 | dump | 436603 | 4458763 |
| 350123 | Trail/Senator | 6.4 | 43 | dump | 436607 | 4458764 |
| 722854 | Trail/Senator | 8.5 | 78 | dump | 436605 | 4458762 |
| 722857 | Trail/Senator | 1.9 | 114 | outcrop | 436538 | 4458813 |
| 722859 | Trail/Senator | 1.6 | 134 | outcrop | 436512 | 4458842 |
| 350120 | Coyote | 2.9 | 759 | float | 435061 | 4458685 |
| J486225 | Coyote | 16.0 | 64 | dump | 435227 | 4458717 |
| 350115 | Coyote | 2.9 | 103 | subcrop | 435201 | 4458738 |
| 350118 | Coyote | 1.7 | 107 | float | 435062 | 4458678 |
| E923276^ | Coyote | 15.9 | 323 | subcrop | 435052 | 4458607 |
| 350116 | Coyote | 10.9 | 36 | dump | 435224 | 4458716 |
| E923278^ | Coyote | 10.0 | 33 | dump | 435227 | 4458716 |
*NAD83 Z 11
^see references for sources of data
Defining Widespread High-Grade Gold-Silver Mineralization
A reconnaissance-style prospecting and sampling program was recently completed by Silver47’s exploration team on unpatented mining claims of the Kennedy Project. The purpose of the program was to confirm the presence of high-grade gold-silver-base metal mineralization across eleven targets (Figure 1). Areas of historic surface workings (e.g., blast pits and mine dumps) as well as outcrop, subcrop and float were sampled. In total, 109 samples were collected (see April 24th, 2025 news release for first batch of results). Data from over 40 historic rock samples were also compiled and combined with the new data creating a rock geochemical database of over 150 samples (Figure 1).
Selective sampling across the eleven targets (Figure 1) demonstrates the scale and high-grade potential of vein-systems typical of the Kennedy Project. Highlights from recent and historical sampling include:
Based on the results from the preliminary sampling and prospecting program, an additional 4,000 acres of unpatented mining claims have been acquired through staking. The strategic claims cover all prospective open ground around the Kennedy district.
Next Steps
The extensive mineralized corridors across the Kennedy Project with multiple high-grade targets have not yet seen any systematic modern exploration. A multidisciplinary program consisting of geological mapping, ground geophysics (magnetics and induced polarization) and soil and rock geochemical surveys are planned to refine existing targets and define new drill targets. Follow-up exploration is set to commence this fall.
Analytical and Quality Assurance and Quality Control Procedures
Rock samples were sent to Paragon Geochemical Laboratories in Sparks, Nevada for preparation and analysis. Paragon meets all requirements of International Standards ISO/IEC 17025:2005 and ISO 9001:2015 for analytical procedures. Samples were analyzed for gold via fire assay with an MS finish (“AU-FA30”), and for silver via inductively-coupled plasma, mass spectroscopy (ICP-MS) after four-acid digestion (“48MA-MS”). Samples assaying over 8 ppm Au were re-run via fire assay for Au with a gravimetric finish (“AU-GR30”). Samples that assayed over 100 ppm Ag (0.01%), 1,000 ppm Cu (1%), Zn (1%) and Pb (1%) were re-run via inductively coupled plasma optical emission spectroscopy (“OLMA-OES”).
Historical data referenced herein (e.g., rock samples2), including but not limited to assay results and geological interpretations from previous exploration activities, have been sourced from publicly available records, archived reports, and third-party databases believed to be reliable. However, Silver47 has not independently verified this historical data through resampling, re-assaying, or other confirmatory methods. As such, the Company cautions that this historical information has not been verified by a Qualified Person. The Company is not treating historical information as current and it is being used to guide exploration only.
Marketing Agreement
Effective September 3, 2025, the Company has engaged Sideways Frequency LLC (“SFLLC”) to provide certain marketing services to the Company. Under the agreement, the Company will pay SFLLC $250,000 USD for a 12-month term. The Company may elect to renew or extend the engagement at any point during the term. The marketing services will include, but are not limited to, email campaigns, native advertising, display ads, lead generation, creation of content, strategic planning, digital advertisement placement, and overseeing progress and results of digital campaigns. The Company has granted 80,000 stock options to SFLLC at a strike price of $0.83 with a three-year term. The options vest quarterly over a period of one year.
SFLLC is based in Utah, USA and is at arm’s length to the Company. SFLLC and its principals have no present, direct or indirect interest in the Company or its securities, nor any right or present intention to acquire such an interest except as otherwise provided herein. The agreement and the option grant remain subject to TSX Venture Exchange approval.
Technical Disclosure
The technical content of this news release has been reviewed and approved by Galen McNamara, P. Geo., the CEO of the Company and a qualified person as defined by National Instrument 43-101.
Rock-chip, dump, float and subcrop samples are selective by nature and may not be representative of mineralization across the Kennedy Project.
References
¹Klopstock, Paul (1913) The Kennedy mining district, Nevada, American Institute of Mining Engineers Bulletin, v. 77. p. 1041-1046
2Data reported by West Cirque Resources, WCQ TSX-V NRs September 13, 2011 and November 22, 2011
About Silver47 Exploration
Silver47 Exploration Corp is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America’s most prolific mining jurisdictions. For detailed information regarding the resource estimates, assumptions, and technical reports, please refer to the NI 43-101 Technical Report and other filings available on SEDAR at www.sedarplus.ca. The Company trades on the TSXV under the ticker symbol AGA and OTCQB under the ticker symbol AAGAF.
For more information about the Company, please visit www.silver47.ca and see the Technical Report filed on SEDAR+ (www.sedarplus.ca) and titled “Technical Report on the Red Mountain VMS Property Bonnifield Mining District, Alaska, USA with an effective date January 12, 2024, and prepared by APEX Geoscience Ltd.”
Follow us on social media for the latest updates:
On Behalf of the Board of Directors
Mr. Galen McNamara
CEO & Director
For investor relations
Giordy Belfiore
604-288-8004
[email protected]
No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS
This news release includes forward-looking information regarding, among other things, the timing, scope and objectives of planned exploration at the Kennedy Project (including mapping, geophysics, geochemical surveys and target generation), potential future drilling, and the anticipated timing of assay results at Red Mountain. Forward-looking information is based on a number of assumptions that, while considered reasonable by management at the date hereof, are inherently subject to business, technical and operational uncertainties. Assumptions include the availability of personnel and equipment, access to the property, receipt of permits and approvals, budget availability, and that historical information compiled will be useful in guiding exploration. Material risk factors that may cause actual results to differ materially include changes in exploration plans; results of field work that differ from expectations; access, permitting or regulatory risks; availability of contractors and laboratory turn-around times; weather; commodity price volatility; and the risks described in the Company’s public filings on SEDAR+. The Company does not undertake to update any forward-looking information except as required by applicable securities laws.” (meets all four required elements).
