Following launch of the ultimate outcomes from Silver47 Exploration’s (TSXV:AGA) 2024 exploration program, the corporate is beefing up plans for a extra expansive and focused drill marketing campaign within the new 12 months at its flagship Purple Mountain mission in Alaska. Alex Wallis, vp of exploration, stated the purpose is to “enhance each the grade and the tonnage.”
“With the fashionable drilling and the recoveries we noticed this 12 months, we’ve got a extremely good probability to extend simply from infilling the historic zones to essentially bulk that useful resource out as nicely,” he stated.
Roughly 20 p.c of future drilling efforts will concentrate on contemporary exploration targets like Galleon and Horseshoe, in accordance with Wallis. The corporate is eyeing greater than 15 exploration targets at Purple Mountain which have by no means been drill examined with geochemical and geophysical focusing on.
“Our useful resource goal is a volcanogenic huge sulfide, which is a typical polymetallic deposit model which might be steady laterally and a few occasional pinching and swelling. We’re seeing our mineralized zones are steady sulfidation,” he stated.
Throughout Silver47’s 2024 exploration program, a complete of 1,039 meters of drilling have been accomplished in six holes on the Dry Creek, West Tundra Flats and Kiwi prospects, exhibiting a number of high-grade huge sulfide intervals.
Watch the total interview with Alex Wallis, vp of exploration at Silver47 Sources, above.
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