Silver47 has astounded the mining industry with its latest exploration results, where 2.9m of 1078.8 g/t silver equivalent was uncovered at the West Tundra Flats Zone at its Red Mountain Project located in Alaska, United States.
This unprecedented discovery is a result of meticulous planning and expert execution, resulting in the thrilling outcome that could have significant implications for the future of silver mining. At the end of a routine exploration drill undertaken in 2021, Silver47 made the commendable finding that showcases fantastic grades of silver equivalent in a thickness of 2.9 meters.
The drill results were independently verified, ensuring the highest level of scientific credibility, while also reinforcing Silver47’s stance as a key player in the mining sector capable of making high-grade discoveries. The meticulous planning that has prevailed at Silver47 for their drilling projects has allowed them to make this significant discovery – the fifth consecutive year of remarkable finds.
At the heart of this accomplishment lies the expanded exploration plans that Silver47 has been employing in the Red Mountain project, widely known for its rich mineral potential. The company’s expanded exploration program was a great success, leading to the extensive discovery of silver ore. The strategic decision to increase the exploration budget has evidently paid dividends with this discovery at the West Tundra Flats Zone.
The discovery occurred at Red Mountain Project, located just 60 miles south of Fairbanks, Alaska. The project area boasts a land package of 152 square miles with multiple high-grade mineral deposits already known within the region. With Silver47’s Red Mountain project, the company has created a unique opportunity to leverage the rich mineral reserves within the region and create a remarkable silver mining operation.
Drilling in the West Tundra Flats Zone has proven to be a game-changer for Silver47. The ore grades and thickness obtained in recent drilling results show remarkable consistency and compelling evidence of the deposit’s continuity. Multiple intersections of very high-grade silver equivalent were encountered over significant widths, demonstrating the true potential and enormity of the silver reserves in this area.
The West Tundra Flats Zone is an important part of Silver47’s Red Mountain Project, chosen for its promising geological traits. Highlights from the drilling results show near-surface mineralization observed at the West Tundra Flats Zone–a positive sign indicating possible prolific production in the future.
The discovery at the West Tundra Flats Zone sets a strong foundation for Silver47’s journey to become a leading silver producer in Alaska. The results of this exploration drill, yielding a whopping 1078.8 g/t silver, underline the incredible potential that Red Mountain project holds. These results provide a significant boost not only to Silver47 but to the entire mining industry, creating optimism for future excavations.
Moreover, the discovery presents an exciting opportunity for job growth and economic development within the local Alaskan communities. The ancillary benefits of a successful large-scale mining operation have proven considerable in the past, particularly to the local economies.
Silver47’s continued success in its drilling operations presents evidence that strategic investments and intelligent planning in the exploration phase can yield rewarding outcomes. It exemplifies the incredible potential present in the world’s mineral deposits and the potential for advancements within the mining industry.