Silver47 Exploration Corp.
Silver47 Exploration Corp. (TSXV:AGA, OTCQB:AAGAF) is a growth-oriented, genuinely multi-project silver/gold explorer formed in 2025 through the merger of Silver47 and Summa Silver, building a US-focused high-grade silver developer. Flagship is the Red Mountain Project in Alaska (942 mineral claims + 1 mining lease, ~620km2, Alaska state-managed lands). The company also holds the Hughes project in Nevada and the Mogollon project in New Mexico. Combined resources across the portfolio stand at 236M oz AgEq Inferred (average grade 334 g/t AgEq) plus 10M oz AgEq Indicated, with a long-term goal of 1 billion oz AgEq. Following the merger, Gary Thompson (the geologist who built and financed the original Silver47) moved to Executive Chairman, with Galen McNamara as CEO.
Notable vs. Peers
- Jurisdiction risk score of 9/10 is meaningfully safer than the peer average of 6.9/10.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
CEO of Silver47 Exploration Corp. following the 2025 Silver47/Summa Silver merger.
Executive Chairman of Silver47 Exploration Corp. (moved from CEO to Executive Chairman following the 2025 Summa Silver merger); also Chairman and CEO of Brixton Metals. Geologist who has raised over $135 million of equity for exploration companies.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Two well-known resource investors -- Eric Sprott (~5.5%) and Crescat Capital (~9.5%) -- hold meaningful stakes picked up through the company's 2025 financings, and director David Netherway put C$40,000 of his own money into a March 2025 placement. No mining major or producer is currently a shareholder.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Silver47 Exploration Corp. combined-portfolio mineral resource, per the company's own 1 Aug 2025 Silver47/Summa Silver merger-completion release: Indicated = 10 Moz AgEq @ 333 g/t AgEq (no Measured category disclosed) -- written to ouncesFound as the full M&I figure, per site convention when no Measured category exists (SSV/AGAG precedent). Inferred = 236 Moz AgEq @ 334 g/t AgEq, excluded per M&I-only convention. This is a COMBINED portfolio figure across Red Mountain (Alaska, flagship -- Dry Creek + West Tundra Flats zones, 15.6 Mt @ 336 g/t AgEq = 168.6 Moz AgEq, itself entirely Inferred), Hughes (Nevada, ex-Summa, includes a small separately-disclosed 2.74 Moz AgEq surface tailings resource), and Mogollon (New Mexico, ex-Summa) -- the company does not disclose a per-project Indicated split, only the portfolio total, so the 10 Moz Indicated cannot be attributed to a single project this pass. Written at the company level (Miner.projectName lists Red Mountain as flagship, but Silver47 is explicitly a multi-project company per its own description) rather than left unwritten, because unlike HOC (wave 7) this aggregate IS the company's own headline disclosed figure, consistently repeated across its own site and syndicated coverage -- not an uncorroborated candidate.