Briefing
The Company is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq Indicated. Key points: The Company is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq Indicated; The combination of high-grade mineralization, favorable jurisdiction and, importantly, State managed lands make the Red Mountain Project ideal for development; This project offers a unique opportunity to explore and develop high-grade silver and critical minerals in a premier mining jurisdiction. “The Red Mountain Project is Silver47’s flagship asset, strategically located in A; Warren Black, M.Sc., P.Geo. of APEX Geoscience Ltd., a QP as defined by NI 43-101, is responsible for completing the 2024 Mineral Resource Estimate, effective January 12, 2024; There is no guarantee that any part of the mineral resources discussed herein will be converted to a mineral reserve in the future; The quantity and grade of reported Inferred Resources is uncertain, and there has not been sufficient work to define the Inferred Mineral Resource as an Indicated or Measured Mineral Resource. This brief is based on the cited source artifact and is intended as a research entry point, not a replacement for the original source or EGM canonical data tables.
Source Notes
The Company is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq...
Extractive summary evidence · source
The combination of high-grade mineralization, favorable jurisdiction and, importantly, State managed lands make the Red Mountain Project ideal for development.
Extractive summary evidence 2 · source
This project offers a unique opportunity to explore and develop high-grade silver and critical minerals in a premier mining jurisdiction. “The Red...
Extractive summary evidence 3 · source
Warren Black, M.Sc., P.Geo. of APEX Geoscience Ltd., a QP as defined by NI 43-101, is responsible for completing the 2024 Mineral...
Extractive summary evidence 4 · source
Extracted Document Text
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# Silver47 Red Mountain Mineral Resource and Technical Report Source: https://silver-47.com/red-mountain-project/ Published: 2024-01-12T00:00:00+00:00 Fetched: 2026-09-12T08:00:14.956+00:00 Source artifact: e984b20e-d50e-4d40-af56-cf55d83cd083 Normalizer input: text ## Content # Silver47 Red Mountain Mineral Resource and Technical Report Source: https://silver-47.com/red-mountain-project/ Published: 2024-01-12 Red Mountain Project [Alaska, USA](https://silver-47.com/red-mountain-project/) Hughes Project [Nevada, USA](https://silver-47.com/hughes-project/) Mogollon Project [New Mexico, USA](https://silver-47.com/mogollon-project/) Additional Projects # Kennedy Project Nevada, USA # Adams Plateau Project British Columbia, Canada # Michelle Project Yukon, Canada × [](https://silver-47.com/) - [Home](https://silver-47.com/) - [Team](https://silver-47.com/team/) - [Projects](https://silver-47.com/red-mountain-project/#) - [Investors](https://silver-47.com/investors/) - [Investor Information](https://silver-47.com/investors/) - [Transaction Presentation](https://silver-47.com/investordeck/) - [Financial Information](https://silver-47.com/investors/#financial-information) - [Company Documents](https://silver-47.com/investors/#company-documents) - [ESTMA Reports](https://silver-47.com/investors/#estma) - [AGM](https://silver-47.com/investors/#agm) - [News](https://silver-47.com/news/) - [Contact](https://silver-47.com/contact/) - [Bullion Store](https://silver-47.com/product/silver-47-collectable-silver-round-1-troy-oz/) - [Home](https://silver-47.com/) - [Team](https://silver-47.com/team/) - [Projects](https://silver-47.com/red-mountain-project/#) - [Investors](https://silver-47.com/investors/) - [Investor Information](https://silver-47.com/investors/) - [Transaction Presentation](https://silver-47.com/investordeck/) - [Financial Information](https://silver-47.com/investors/#financial-information) - [Company Documents](https://silver-47.com/investors/#company-documents) - [ESTMA Reports](https://silver-47.com/investors/#estma) - [AGM](https://silver-47.com/investors/#agm) - [News](https://silver-47.com/news/) - [Contact](https://silver-47.com/contact/) - [Bullion Store](https://silver-47.com/product/silver-47-collectable-silver-round-1-troy-oz/) [](https://silver-47.com/) - [Home](https://silver-47.com/) - [Team](https://silver-47.com/team/) - [Projects](https://silver-47.com/red-mountain-project/#) - [Red Mountain](https://silver-47.com/red-mountain-project/) - [Hughes Project](https://silver-47.com/hughes-project/) - [Mogollon Project](https://silver-47.com/mogollon-project/) - [Additional Projects](https://silver-47.com/red-mountain-project/#) - [Kennedy Project](https://silver-47.com/kennedy-project/) - [Adams Plateau](https://silver-47.com/adams-plateau-project/) - [Michelle Project](https://silver-47.com/michelle-project/) - [Investors](https://silver-47.com/investors/) - [Investor Information](https://silver-47.com/investors/) - [Corporate Presentation](https://silver-47.com/investordeck/) - [Financial Information](https://silver-47.com/investors/#financial-information) - [Company Documents](https://silver-47.com/investors/#company-documents) - [AGM](https://silver-47.com/investors/#agm) - [ESTMA Reports](https://silver-47.com/investors/#estma) - [News](https://silver-47.com/news/) - [Contact](https://silver-47.com/contact/) - [Bullion Store](https://silver-47.com/product/silver-47-collectable-silver-round-1-troy-oz/) - [Home](https://silver-47.com/) - [Team](https://silver-47.com/team/) - [Projects](https://silver-47.com/red-mountain-project/#) - [Red Mountain](https://silver-47.com/red-mountain-project/) - [Hughes Project](https://silver-47.com/hughes-project/) - [Mogollon Project](https://silver-47.com/mogollon-project/) - [Additional Projects](https://silver-47.com/red-mountain-project/#) - [Kennedy Project](https://silver-47.com/kennedy-project/) - [Adams Plateau](https://silver-47.com/adams-plateau-project/) - [Michelle Project](https://silver-47.com/michelle-project/) - [Investors](https://silver-47.com/investors/) - [Investor Information](https://silver-47.com/investors/) - [Corporate Presentation](https://silver-47.com/investordeck/) - [Financial Information](https://silver-47.com/investors/#financial-information) - [Company Documents](https://silver-47.com/investors/#company-documents) - [AGM](https://silver-47.com/investors/#agm) - [ESTMA Reports](https://silver-47.com/investors/#estma) - [News](https://silver-47.com/news/) - [Contact](https://silver-47.com/contact/) - [Bullion Store](https://silver-47.com/product/silver-47-collectable-silver-round-1-troy-oz/) **Bunker Hill & Silver47 Announce Merger** [Learn More](https://silver-47.com/bunker-hill-and-silver47-announce-merger-to-create-a-made-in-america-u-s-silver-critical-minerals-champion/) × # Red Mountain Project ##### Alaska, USA [=](https://silver-47.com/red-mountain-project/#overview) # [Project Overview](https://silver-47.com/red-mountain-project/\#overview) [=](https://silver-47.com/red-mountain-project/#mre) # [Resource Estimate](https://silver-47.com/red-mountain-project/\#mre) [=](https://silver-47.com/red-mountain-project/core-photos) # [Core Photos](https://silver-47.com/red-mountain-project/core-photos) [=](https://silver-47.com/wp-content/uploads/2025/07/S47_RM_NI43101_DRAFT_20240627_APEX_TSXV_Revisions_final.pdf) # [Technical Report](https://silver-47.com/wp-content/uploads/2025/07/S47_RM_NI43101_DRAFT_20240627_APEX_TSXV_Revisions_final.pdf) ## About the Project Silver47’s Flagship Red Mountain Project represents a district-scale polymetallic opportunity with significant upside potential. The combination of high-grade mineralization, favorable jurisdiction and, importantly, State managed lands make the Red Mountain Project ideal for development. The Red Mountain Project is Silver47’s most advanced project, strategically located in Alaska, 100 kilometers south of Fairbanks. This project offers a unique opportunity to explore and develop high-grade silver and critical minerals in a premier mining jurisdiction. “The Red Mountain Project is Silver47’s flagship asset, strategically located in Alaska, 100 kilometers south of Fairbanks. This project offers a unique opportunity to explore and develop high-grade silver and critical minerals in a premier mining jurisdiction” **Galen McNamara** Silver47 CEO & Director ## Project Highlights [](https://silver-47.com/wp-content/uploads/2026/09/RedMountain_Map_2026-09-10.png "")  \\* Equivalencies are calculated using ratios with metal prices of US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag and recoveries of 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au. AgEq\* (g/t) = \[Zn (%) x 47.81\] + \[Pb (%) x 30.43\] + \[Cu (%) x 119\] + \[Ag (g/t) x 1\] + \[Au (g/t) x 91.93\] ## Mineral Resource Estimates [](https://silver-47.com/wp-content/uploads/2025/07/MRE-Table-Red-Mountain.png "") [View Technical Report](https://silver-47.com/wp-content/uploads/2025/07/S47_RM_NI43101_DRAFT_20240627_APEX_TSXV_Revisions_final.pdf) Note: 1\. The 2024 Red Mountain MRE was estimated and classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” dated November 29, 2019, and the CIM “Definition Standards for Mineral Resources and Mineral Reserves” dated May 10, 2014. 2\. Mr. Warren Black, M.Sc., P.Geo. of APEX Geoscience Ltd., a QP as defined by NI 43-101, is responsible for completing the 2024 Mineral Resource Estimate, effective January 12, 2024. 3\. Mineral resources that are not mineral reserves have not demonstrated economic viability. No mineral reserves have been calculated for Red Mountain. There is no guarantee that any part of the mineral resources discussed herein will be converted to a mineral reserve in the future. 4\. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, market, or other relevant factors. 5\. The quantity and grade of reported Inferred Resources is uncertain, and there has not been sufficient work to define the Inferred Mineral Resource as an Indicated or Measured Mineral Resource. It is reasonably expected that most of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. 6\. All figures are rounded to reflect the relative accuracy of the estimates. Totals may not sum due to rounding. Reported grades are undiluted. 7\. A standard density of 2.94 g/cm³ is assumed for mineralized material and waste rock. Overburden density is set at 1.8 g/cm³. For mineralized material blocks with iron assays close enough to estimate an iron value for the block, density is calculated using the formula: density (g/cm³) = 0.0553 \* Fe (%) + 2.5426. 8\. Metal prices are US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag. 9\. Recoveries are 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au. 10\. ZnEQ (%) = \[Zn (%) x 1\] + \[Pb (%) x 0.6364\] + \[Cu (%) x 2.4889\] + \[Ag (ppm) x 0.0209\] + \[Au (ppm) x 0.1923\] 11\. AgEQ (ppm) = \[Zn (%) x 47.81\] + \[Pb (%) x 30.43\] + \[Cu (%) x 119\] + \[Ag (ppm) x 1\] + \[Au (ppm) x 91.93\] 12\. Open-pit resource economic assumptions are US$3/tonne for mining mineralized and waste material, US$19/tonne for processing, and 48° pit slopes. 13\. Underground resource economic assumptions are US$50/tonne for mining mineralized and waste material and US$19/tonne for processing. 14\. Open-pit resources comprise blocks constrained by the pit shell resulting from the pseudoflow optimization using the open-pit economic assumptions. 15\. Underground resources comprise blocks below the open-pit shell that form minable shapes. They must be contained in domains of a minimum width of 1.5 m at Dry Creek or 3 m height at West Tundra Flats. Resources not meeting these size criteria are included if, once diluted to the required size, maintain a grade above the cutoff. ###### LOCATED IN ALASKA, USA The Red Mountain Project is situated on Alaska state-managed lands, free from Bureau of Land Management (BLM) or indigenous claims - Covering approximately **620 square kilometers of highly prospective geology** - Alaska is host to several **world class deposits and mines**  **30-80 kilometers of highways, railways, and power**, ensuring logistical efficiency and reduced development costs  **Numerous multi million ounce VMS and polymetalic deposits** offering multi-commodity potential   ###### OWERNSHIP **Silver47 wholly owns 942 mineral claims and one mining lease**, providing extensive exploration opportunities over a 60km trend in a mining-friendly region near established infrastructure  ###### HISTORICAL EXPLORATION The Red MountainProject area has a **rich history of mineral exploration, with the first sulphide outcrop discovered in 1975**. Ongoing exploration efforts continue to reveal the potential for further resource expansion, particularly in the Dry Creek and West Tundra Flats zones ## Exploration & Development Strategy Silver47 is focused on further exploration of the Red Mountain Pro [Excerpt trimmed for readability. Open the original source for the complete filing or document.]