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Silver47 Conducts Prospecting and Soil Geochemical Surveys at Its Adams Plateau SEDEX Silver-Zinc-Lead-Copper-Gold Project, BC, Canada

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Silver47 Exploration (OTCQB: AAGAF) has nearly completed its 2025 exploration program at the wholly-owned Adams Plateau Project in British Columbia, focusing on silver-zinc-copper-gold-lead SEDEX deposits. The company collected 5,008 soil samples across 35 square kilometers and 76 rock samples to define future drill targets.

Historical drilling highlights include 4.8 meters of 348 g/t silver and 8.5% zinc from the Spar Target, while recent rock samples returned up to 3,503 g/t silver and >20% lead. The company has secured a 5-year drilling permit and consolidated over 25 MINFILE occurrences under one banner for the first time.

The 150 square km project, located 100 km north-east of Kamloops, benefits from excellent infrastructure including road access, power, and nearby rail.

Silver47 Exploration (OTCQB: AAGAF) ha quasi completato il suo programma di esplorazione 2025 presso il progetto Adams Plateau, di sua proprietà totale, nella British Columbia, concentrandosi su depositi SEDEX di argento, zinco, rame, oro e piombo. La società ha raccolto 5.008 campioni di suolo su un'area di 35 chilometri quadrati e 76 campioni di roccia per definire i futuri obiettivi di perforazione.

I risultati storici delle perforazioni includono 4,8 metri con 348 g/t di argento e 8,5% di zinco dal target Spar, mentre i campioni di roccia recenti hanno mostrato fino a 3.503 g/t di argento e oltre il 20% di piombo. La società ha ottenuto un permesso di perforazione valido per 5 anni e ha consolidato per la prima volta oltre 25 occorrenze MINFILE sotto un unico marchio.

Il progetto di 150 chilometri quadrati, situato a 100 km a nord-est di Kamloops, gode di ottime infrastrutture, tra cui accesso stradale, energia elettrica e una ferrovia nelle vicinanze.

Silver47 Exploration (OTCQB: AAGAF) ha casi finalizado su programa de exploración 2025 en el Proyecto Adams Plateau, de propiedad total, en Columbia Británica, centrado en depósitos SEDEX de plata, zinc, cobre, oro y plomo. La compañía recolectó 5,008 muestras de suelo en 35 kilómetros cuadrados y 76 muestras de roca para definir futuros objetivos de perforación.

Los destacados de perforaciones históricas incluyen 4.8 metros con 348 g/t de plata y 8.5% de zinc en el objetivo Spar, mientras que muestras recientes de roca arrojaron hasta 3,503 g/t de plata y más del 20% de plomo. La compañía ha obtenido un permiso de perforación por 5 años y ha consolidado por primera vez más de 25 ocurrencias MINFILE bajo un solo nombre.

El proyecto de 150 kilómetros cuadrados, ubicado a 100 km al noreste de Kamloops, cuenta con excelente infraestructura, incluyendo acceso por carretera, energía y ferrocarril cercano.

Silver47 Exploration (OTCQB: AAGAF)는 브리티시컬럼비아에 위치한 전액 출자한 Adams Plateau 프로젝트에서 2025년 탐사 프로그램을 거의 완료했으며, 은-아연-구리-금-납 SEDEX 광상에 중점을 두고 있습니다. 회사는 35평방킬로미터에 걸쳐 5,008개의 토양 샘플과 76개의 암석 샘플을 수집하여 향후 시추 목표를 정의했습니다.

과거 시추 하이라이트로는 Spar 타겟에서 4.8미터 구간에 은 348 g/t아연 8.5%가 있으며, 최근 암석 샘플에서는 최대 은 3,503 g/t납 20% 이상이 확인되었습니다. 회사는 5년간 시추 허가를 확보했으며, 25개 이상의 MINFILE 발생지를 하나의 명칭으로 통합했습니다.

150평방킬로미터 규모의 이 프로젝트는 Kamloops에서 북동쪽으로 100km 떨어져 있으며, 도로 접근성, 전력 공급, 인근 철도 등 우수한 인프라를 갖추고 있습니다.

Silver47 Exploration (OTCQB : AAGAF) a presque achevé son programme d'exploration 2025 sur le projet Adams Plateau, entièrement détenu, en Colombie-Britannique, axé sur les gisements SEDEX d'argent, zinc, cuivre, or et plomb. La société a collecté 5 008 échantillons de sol sur 35 kilomètres carrés et 76 échantillons de roche pour définir les cibles de forage futures.

Les points forts des forages historiques incluent 4,8 mètres à 348 g/t d'argent et 8,5 % de zinc sur la cible Spar, tandis que des échantillons récents de roche ont révélé jusqu'à 3 503 g/t d'argent et plus de 20 % de plomb. La société a obtenu un permis de forage de 5 ans et a consolidé pour la première fois plus de 25 occurrences MINFILE sous une même bannière.

Le projet de 150 kilomètres carrés, situé à 100 km au nord-est de Kamloops, bénéficie d'infrastructures excellentes, notamment un accès routier, l'électricité et un chemin de fer à proximité.

Silver47 Exploration (OTCQB: AAGAF) hat sein Explorationsprogramm 2025 beim vollständig im Besitz befindlichen Adams Plateau Projekt in British Columbia nahezu abgeschlossen. Der Fokus liegt auf Silber-Zink-Kupfer-Gold-Blei SEDEX-Lagerstätten. Das Unternehmen sammelte 5.008 Bodenproben auf 35 Quadratkilometern und 76 Gesteinsproben, um zukünftige Bohrziele zu definieren.

Historische Bohr-Highlights umfassen 4,8 Meter mit 348 g/t Silber und 8,5% Zink vom Spar-Ziel, während jüngste Gesteinsproben bis zu 3.503 g/t Silber und über 20% Blei ergaben. Das Unternehmen hat eine 5-jährige Bohrgenehmigung erhalten und erstmals über 25 MINFILE-Vorkommen unter einem Namen zusammengeführt.

Das 150 Quadratkilometer große Projekt, 100 km nordöstlich von Kamloops gelegen, profitiert von ausgezeichneter Infrastruktur, darunter Straßenanbindung, Stromversorgung und nahegelegene Bahn.

Positive
  • First-time consolidation of all mineral claims in the area under one company
  • Secured 5-year multi-year area-based (MYAB) drilling permit
  • Extensive high-grade mineralization with samples up to 3,503 g/t silver and >20% lead
  • Excellent infrastructure with road access, power and rail nearby
  • Property hosts over 25 MINFILE occurrences with historical production sites
Negative
  • Very limited drilling has occurred outside historic production sites
  • Historical production records are incomplete and of unknown accuracy
  • Unable to verify historic drilling data due to unavailable samples and incomplete survey data

Vancouver, British Columbia--(Newsfile Corp. - July 10, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce the 2025 exploration program is nearing completion at its wholly-owned Adams Plateau Project (the "Project") in southern British Columbia, a silver-zinc-copper-gold-lead SEDEX project.

Gary Thompson, CEO of Silver47, stated: "We are glad to continue our work on Adams Plateau toward defining drill targets on this road-accessible project. The abundance of surface mineralization on the Project is very encouraging for the potential of new and exciting discoveries. The Company has received a 5-year permit for drilling. This year is shaping up to be transformational for the Company with a full season of drilling at the flagship Red Mountain Project and the pending merger with Summa Silver."

Key Highlights:

  • Extensive coverage: 5,008 soil samples were collected over an approximately 35 square kilometer ("km") area with a focus on infilling the historical soil geochemical grid. An additional 76 rock samples have been collected with on-going prospecting to support future drill targets.
  • Approach to discovery: soil geochemistry, in conjunction with follow up rock sample prospecting, represents an important step in target development and maximizes discovery efficiency.
  • Significantly underexplored: very limited drilling has occurred outside historic production sites on the project.
  • Work just beginning: the completion of this prospecting and soil geochemical survey serves as an initial step toward pinpointing targets and unlocking a multi-km search space.

Adams Plateau Historic Drilling Highlights:

  • A 1976 drill hole (DH 76-1) returned 4.8 metres ("m") of 348 grams per tonne ("g/t") silver, 0.72 g/t gold, 8.5% zinc, and 18.8% lead from the Spar Target. (BC Assessment Report 6645, 1977, Diamond Drilling Report on the Spar Group 1 - https://apps.nrs.gov.bc.ca/pub/aris/Detail/6645)
  • A 1981 drill hole (DH81-1) returned 3.66 m of 180 g/t silver, 2.4% zinc, and 5.7% lead from the Lucky Target. (BC Assessment Report 11521, 1983, Geology of the Adams Plateau Property, Kamloops Mining Division - https://apps.nrs.gov.bc.ca/pub/aris/Detail/11521)

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Figure 1. Location Map of the Adams Plateau Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/258342_c58951fbd4a219ec_002full.jpg

Historic surface rock grab samples (separate samples) from across the property returned up to 4000 g/t silver, 10.4 g/t gold, 7% copper, 30% zinc, and 64% lead. Recent rock samples collected by Silver47 have returned up to:

  • 3503 g/t silver, 1.0 g/t gold, 9.17% zinc, and >20% lead
  • 170 g/t silver, 2.8 g/t gold, 7.1% copper, 1.05% zinc, and 0.86% lead*
  • 2,400 g/t silver, 1.3 g/t gold, 6.8% zinc, and 20% lead*

*(BC Assessment Report 40920, 2022, 2022 Assessment Report on the Adams Plateau - https://apps.nrs.gov.bc.ca/pub/aris/Detail/40920)

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Figure 2. Plan Map of the Adams Plateau Project with Zinc in soil and select rock analysis.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/258342_c58951fbd4a219ec_003full.jpg

Despite the long history of exploration on the plateau, historical geochemical data has been limited to small grids focused around known mineralization. Since acquiring the property in 2022, Silver47 has worked towards building a soil geochemical database which covers the entirety of the prospective Eagle Bay Assemblage. The 2025 soil grid ties together multiple historic grids with anomalous concentrations of silver, zinc and copper, and will provide near-total coverage over the high-priority zones of the central and eastern portions of the property.

Concurrent with the soil sample program, follow-up prospecting of previous high-grade soil and rock anomalies is taking place across the property. Recent forest fire activity and extensive logging operations have provided additional road access and the potential for new mineralization exposure along road cuts in previously under-explored areas.

The results of the 2025 sampling program, along with the extensive historic database will be used to refine drill targets, particularly in areas with limited bedrock exposure. With the recently granted 5-year multi-year area-based ("MYAB") permit, the company will be poised to begin drill testing for high-grade sulfide mineralization at historic and new, un-drilled targets along the extent of the Eagle Bay assemblage.

Exploration for silver-lead-zinc mineralization at Adams Plateau has taken place from 1925 to the present day with 137 assessment reports dating back to 1949 that suggest a large mineralized system indicating significant potential for discoveries. This is the first time the mineral claims in the area have been consolidated under one banner. The property hosts over 25 MINFILE occurrences, including limited historical, small-scale production at Beca (1926), Lucky (1956 and 1975-1977) and Spar (1985). Mineralization is typical of SEDEX and VMS type deposits, comprised of semi-massive to massive sulphide layers with pyrrhotite-tetrahedrite-sphalerite-galena-pyrite and localized chalcopyrite

Historical sampling over the claim group includes 7,021 soil samples, 115 rock samples and 79 silt samples. Recent work in 2022-2024 included the collection of 2,547 soil samples and 140 rock samples. Property-wide LiDAR and orthophotos have been completed to refine exploration targets. Limited historical drilling has occurred on the project outside the historic production sites.

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Figure 3. Select rock grab samples photographs from the Adams Plateau Project 2025.

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https://images.newsfilecorp.com/files/10967/258342_c58951fbd4a219ec_004full.jpg

Note: EX-1 is also referred to as SPAR

Data Verification

Historic data disclosed in this news release relating to past production and drilling is historic in nature and sourced from documents filed with the British Columbia Assessment Report Database (ARIS - https://apps.nrs.gov.bc.ca/pub/aris), or the British Columbia MINFILE Mineral Inventory (https://minfile.gov.bc.ca/). Historic production records for the Property are incomplete and of unknown accuracy. The Company is unable to verify the historic drilling data as drill hole rock samples are unavailable, precise collar locations cannot be field-located, and down-hole survey data is incomplete. Neither the Company, nor the qualified person can verify historic production or drill data and therefore investors should not place undue reliance on such data. The Company's future exploration work will include verification of historic data where it is possible to do so.

Adams Plateau Project Overview

The wholly-owned 150 square km Adams Plateau Project is located approximately 100 km north-east of Kamloops, British Columbia with excellent road access, power and rail nearby.

SEDEX (Sedimentary Exhalative) deposits are known for their high-grade silver, lead, zinc, copper, mineralization. Exploration is primarily focused on sediment-hosted polymetallic massive sulphides within the prolific Eagle Bay Assemblage with silver, copper, gold zinc, lead being the primary commodities of interest with other critical minerals like graphite and antimony.

The nearby past-producing Samatosum mine, located about 15 km northwest of the project, operated from 1989 to 1992. Before production commenced in June 1989, reserves for the Samatosum open-pit deposit were reported to be estimated at 634 984 tonnes grading 1035 g/t silver, 1.9 g/t gold, 1.2% copper, 1.7% lead and 3.6% zinc. https://minfile.gov.bc.ca/summary.aspx?minfilno=082M%20%20244

QAQC

Quality assurance and quality control (QAQC) protocols for rock and soil samples collected in 2022, 2024, and 2025 at the Adams Plateau project followed industry standard practice. Samples were bagged on site and delivered to ALS Minerals Laboratories in Kamloops, British Columbia. ALS Kamloops / North Vancouver is certified with ISO/IEC 17025:2017 and ISO 9001:2015 accreditation from the Standards Council of Canada. The 2022 soil sample program inserted field duplicates at a rate of one duplicate per 20 samples. The 2024 soil sample program inserted one field duplicate per collector per day. Both 2022 and 2024 soil and rock samples relied on ALS Quality control procedures during preparation and analysis. All samples were weighed, pulverized and screened. The 2022 soil samples were analyzed by ALS method ME-ICP41 and Au-AA23. The 2022 rock samples were analyzed by ALS method ME-ICP61 and Au-AA23. Rock samples exceeding limits for Ag, Pb, Zn, and Cu were analyzed by OG62. 2024 soil samples. The 2024 soil samples were analyzed by ALS method ME-ICP41 and Au-ST43, with overlimit gold samples further analyzed by Au-AROR43. The 2024 rock samples were analyzed by ALS method ME-MS61 and Au-AA23.

Qualified Person

Mr. Alex S. Wallis, P.Geo., is Vice President of Exploration for Silver47 and a "qualified person" as defined by National Instrument 43-101. Mr. Wallis has verified the data disclosed in this press release, including the sampling, analytical and test data underlying the technical information and has approved the technical information in this press release.

About Silver47 Exploration

Silver47 Exploration Corp. wholly-owns three silver and critical metals (polymetallic) exploration projects in Canada and the US. These projects include the flagship Red Mountain Project in southcentral Alaska, a silver-gold-zinc-copper-lead-antimony-gallium VMS-SEDEX project. The Red Mountain Project hosts an inferred mineral resource estimate of 15.6 million tonnes at 7% zinc equivalent or 335.7 g/t silver equivalent, totaling 168.6 million ounces of silver equivalent, as reported in the NI 43-101 Technical Report dated January 12, 2024. The Company also owns the Adams Plateau Project in southern British Columbia, a silver-zinc-copper-gold-lead SEDEX-VMS project, and the Michelle Project in the Yukon Territory, a silver-lead-zinc-gallium-antimony MVT-SEDEX project. For detailed information regarding the resource estimates, assumptions, equivalency calculations, 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."

Silver47 Contact Information
Mr. Gary R. Thompson
Director and CEO
gthompson@silver47.ca

For investor relations
Kristina Pillon
info@silver47.ca
604.908.1695

X: @Silver47co
LinkedIn: Silver47

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 release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "upon" "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements and information include, but are not limited to: closing of the Offering, including the number of Units and FT Units issued in respect thereof; anticipated use of proceeds; expected closing date of the Offering; payment of finder's fees; ability to obtain all necessary regulatory approvals; insider participation in the Offering; the statements in regards to existing and future products of the Company; and the Company's plans and strategies. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the ability to close the Offering, including the time and sizing thereof, the insider participation in the Offering and receipt of required regulatory approvals; the use of proceeds not being as anticipated; the Company's ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and the additional risks identified in the Company's financial statements and the accompanying management's discussion and analysis and other public disclosures recently filed under its issuer profile on SEDAR+ and other reports and filings with the TSXV and applicable Canadian securities regulators. The forward-looking information are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws.

No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258342

FAQ

What are the key findings from Silver47's (AAGAF) 2025 Adams Plateau exploration program?

The program collected 5,008 soil samples across 35 square kilometers and 76 rock samples, with recent samples showing up to 3,503 g/t silver and >20% lead.

What are the historical drilling results at Silver47's Adams Plateau Project?

Key historical results include 4.8 meters of 348 g/t silver, 8.5% zinc, and 18.8% lead from the Spar Target, and 3.66 meters of 180 g/t silver from the Lucky Target.

Where is Silver47's Adams Plateau Project located and what infrastructure is available?

The project is located 100 km north-east of Kamloops, British Columbia, with excellent road access, power, and rail infrastructure nearby.

What type of deposit is Silver47 exploring for at Adams Plateau?

Silver47 is exploring for SEDEX (Sedimentary Exhalative) deposits, known for high-grade silver, lead, zinc, and copper mineralization within the Eagle Bay Assemblage.

How many mineral occurrences does Silver47's Adams Plateau Project contain?

The property hosts over 25 MINFILE occurrences, including historical small-scale production sites at Beca, Lucky, and Spar.
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