Welcome to our dedicated page for Silver47 Exploration news (Ticker: AAGAF), a resource for investors and traders seeking the latest updates and insights on Silver47 Exploration stock.
Silver47 Exploration Corp. reports news on mineral exploration and development of silver-rich precious-metals projects in North America, with U.S. operations referenced in Alaska, Nevada and New Mexico. Recurring updates center on exploration results, claim staking, geological mapping, drilling programs and project-scale work at assets including the Kennedy gold-silver Project in Nevada and the Hughes Project near Tonopah.
Company announcements also cover metallurgical testwork on historic Belmont tailings at Hughes, participation in critical-minerals industry initiatives, and shareholder-meeting matters such as director elections, auditor approval and equity incentive plans.
Silver47 Exploration (AAGAF) has completed its 2026 summer drill program at the Red Mountain Project in Alaska, highlighted by a visually observed 196.9 m interval of continuous sulfide mineralization in Second Chance drill hole SC26-003, including a cumulative 74 m of semi-massive to massive sulfide, with assays pending.
Four of five Second Chance holes hit the sulfide horizon over about 200 m of strike and 150 m down-dip, and surface mapping has traced the horizon for 3 km, remaining open. At the Dry Creek deposit, all five 2026 holes intersected broad sulfide zones, including 50.6 m of visually observed continuous sulfide in DC26-118, of which about 34 m is massive to semi-massive. Across Red Mountain, 4,136 m were drilled in 14 holes testing Dry Creek, Second Chance, Hunter, WTF East and FOMO. At the Mogollon Project in New Mexico, two winter drill holes intersected epithermal silver-gold mineralization beneath the historic Last Chance mine, outside the current inferred resource of 2.72 Mt at 367 g/t AgEq (32.08 Moz AgEq).
Lithium Corporation (OTCQB: LTUM) highlights the proposed merger between Bunker Hill Mining and Silver47 Exploration (TSXV: AGA, OTCQX: AAGAF), which have signed a definitive agreement dated August 20, 2026 for Bunker Hill to acquire all Silver47 common shares. The combined company intends to operate as Bunker Hill Silver Corp, focused on U.S. silver and critical minerals.
This development is relevant to Lithium Corporation because it holds a 25% interest in Summa LLC, which optioned the Hughes Tonopah Project in Nevada to Summa Silver in 2020. Summa Silver merged with Silver47 in 2025, and Lithium Corporation effectively retains a 0.25% net smelter return (NSR) royalty on the Tonopah property and the Belmont Tailings Project. Work by Lithium Corporation and partners helped define an inferred resource of 2.74 million silver-equivalent ounces at Belmont Tailings.
Silver47 Exploration (TSXV: AGA, OTCQX: AAGAF) reported results from a 21-hole auger drill program on the Belmont mine tailings at the Hughes Project, Tonopah, Nevada. All holes encountered continuous silver-gold mineralization from surface to the base of tailings, averaging 3.3 m thick.
The Belmont tailings host an inferred mineral resource of 1.8 Moz silver and 11 koz gold, equal to 2.74 Moz AgEq at 68 g/t AgEq, within approximately 1.26 Mt. The tailings lie on 84 acres of patented private land adjacent to US Highway 6. Metallurgical testwork, including cyanide leach and CIL testing, is underway to assess potential low-impact reprocessing and economic feasibility.
Silver47 Exploration (OTCQX: AAGAF) has started a fully funded, 10,000‑meter, three‑rig drill program at the Red Mountain silver and critical minerals project in Alaska. Drilling targets expansion of the inferred 168.6M silver-equivalent ounce resource and testing new polymetallic VMS targets along a 60 km corridor. Silver47 reports about C$48 million in working capital to support the 2026 campaign.
Silver47 (OTCQX:AAGAF, TSXV:AGA) plans a fully funded 10,000-meter, three‑rig summer 2026 drill program at the Red Mountain silver and critical minerals project in Alaska.
The campaign targets expansion of the Dry Creek inferred resource and discovery drilling across a 60 km polymetallic VMS corridor, including Hunter, WTF East, Glacier Creek, FOMO and Sheep Creek.
Silver47 (OTCQX: AAGAF) on May 7, 2026 reported rock sampling from its expanded Kennedy gold-silver Project (6,150 acres) in Nevada. Highlights include assays up to 38.7 g/t Au and 1,713 g/t Ag, a ~15 km near-surface vein network, and 70 new rock samples.
Work underway includes 3,000-sample soil surveying, follow-up IP geophysics, continued mapping, and a separate Hughes project drill program (20% of planned meters completed).
Silver47 (OTCQX: AAGAF) will issue 56,902 common shares as the fifth of ten annual payments under amended mining lease agreements for the Mogollon project near Silver City, New Mexico, subject to TSXV approval.
The shares are deemed at $0.6855 each (20-day VWAP). Annual cash payments are US$99,067, of which up to US$27,018 may be paid in shares indexed to the PPI and subject to TSXV pricing rules.
Silver47 (OTCQX: AAGAF) has tripled the Kennedy gold-silver project's footprint in Nevada to ~6,150 acres by staking ~4,150 additional acres, delivering 100%-owned, royalty-free claims.
The expanded project now covers >15 km of known veins, hosts multiple high-grade surface samples (up to 44.5 g/t Au; multi-hundred g/t Ag), and a multidisciplinary exploration program plus drilling is underway.
Silver47 Exploration (OTCQX: AAGAF) joined the DARPA‑seeded Critical Minerals Forum (CMF) on March 26, 2026 to support resilient, diversified supply chains for battery, semiconductor, defense and aerospace minerals.
The CMF, a coalition of over 50 firms, partners with DARPA's OPEN initiative and advises U.S. government and manufacturers while supporting investment, offtake and partnership formation.
Silver47 (AAGAF) has begun a minimum 7,000-metre 2026 drill campaign at the Hughes Project, targeting the eastern extension of the Tonopah high-grade silver district.
Initial work focuses on the Ruby, Sapphire and Emerald targets, starting with a fence of angled holes at Ruby and supported by roughly $54 million in working capital.