Silver47 Drills 606 g/t Silver Equivalent* over 9.65 m at the Silver-Rich Red Mountain Project, AlaskaHigh-grade critical mineral system remains wide openVancouver, British Columbia--(Newsfile Corp. - November 24, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to report all remaining assay results from the recently completed drill program at the Company's wholly-owned and flagship Red Mountain Project in Alaska, USA. Key Highlights:Bonanza intercept at Dry Creek: 606 g/t silver equivalent* over 9.65 m (124 g/t Ag, 1.82 g/t Au, 4.99% Zn, 2.00% Pb and 0.12% Cu), including 4,731 g/t silver equivalent* over 0.4 m (558 g/t Ag, 30.10 g/t Au, 22.40% Zn, 8.99% Pb and 0.52% Cu) in DC25-113.Strong new high-grade intercept in 150 m step-out at West Tundra Flats:826 g/t silver equivalent over 1.9 m (195 g/t Ag, 0.27 g/t Au, 10.23% Zn, 3.53% Pb and 0.08% Cu), including 1,867 g/t silver equivalent over 0.5 m (560 g/t Ag, 0.38 g/t Au, 20.30% Zn, 9.30% Pb and 0.16% Cu) in WTF25-41. Thick, Multi-Stacked System Confirmed: Hole DC25-113 intersected multiple massive sulphide horizons over 55 m of core length - clear indication of a robust VMS system.Resource Growth Continues: The 2025 summer program targeted untested areas near historical high-grade intercepts to enhance Red Mountain's inferred 168.6 million silver equivalent ounce resource (15.6 Mt at 336 g/t silver equivalent*)1 at Dry Creek and West Tundra Flats.Deposits Remain Open: Both Dry Creek and West Tundra Flats are open along strike and down-dip - systematic expansion drilling planned for 2026.District-Scale Upside Intact: Only 2 of at least 35 known silver-rich massive sulphide occurrences across a 35-mile trend have seen meaningful drilling - the vast majority of the property remains essentially unexplored. *Notes: g/t=grams per tonne; AgEq=silver equivalent; ZnEq=zinc equivalent; m=metres; Ag=silver; Au=gold; Cu=copper; Zn=zinc; Pb=lead; 1ppm=1 g/t. Equivalencies are calculated using ratios with metal prices of US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag and metal recoveries are based on metallurgical work returned of 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au. Silver Equivalent (AgEq g/t) = [Zn (%) x 47.81] + [Pb (%) x 30.43] + [Cu (%) x 119] + [Ag (g/t) x 1] + [Au (g/t) x 91.93]Galen McNamara, CEO, stated: "Today's results confirm Red Mountain is delivering exactly what we promised: exceptional high-grade silver-zinc mineralization in a district that remains virtually unexplored. With only two of at least 35 known massive sulphide occurrences significantly drilled to date, and an existing 168.6 Moz AgEq inferred resource, the upside here is significant. We believe these hits are just the start. We are fully funded and ready to expand this towards a tier-one silver-zinc system starting in June of 2026. In the meantime, we plan aggressive drilling at our projects in Nevada and New Mexico and look forward to sharing more information as plans are finalized."Figure 1: Dry Creek Drill Hole Locations.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10967/275648_ba659fff64288814_002full.jpgGary R. Thompson, Executive Chairman, stated: "Red Mountain continues to deliver exceptional results. In addition to the high silver and zinc assay values here, hole 113 has returned one of highest gold intercepts to date of 30 g/t, just shy of one troy ounce per tonne. This supports our original thesis, which was that the Red Mountain Project is a precious metal enriched VMS system."Figure 2: West Tundra Drill Hole LocationsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10967/275648_ba659fff64288814_003full.jpgFigure 3: Dry Creek Long SectionTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10967/275648_ba659fff64288814_004full.jpgFigure 4: West Tundra Long SectionTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10967/275648_ba659fff64288814_005full.jpgThe Red Mountain Drill Program The 2025 drill program at the Red Mountain Project, 60 miles south of Fairbanks, Alaska, consisted of fifteen drill holes - eight holes at the Dry Creek target (Figure 1) and seven holes were completed at the West Tundra Flats target. The Dry Creek and West Tundra Flat targets together account for an inferred resource of 15.6 Mt at 336 g/t silver equivalent* for 168.6 million silver equivalent ounces1. Drilling at both targets consisted of a series of infill and step-out holes designed to test areas near historical high-grade drill intercepts and modelled domains.Dry Creek Drilling:Holes DC25-110, DC25-111, DC25-112, DC25-113 and DC25-114 were collared on the northeast extent of the Dry Creek deposit and tested the down-dip extent of VMS mineralization below and offset from holes DC24-106 (2,939 g/t silver equivalent*