- Business
- Silver47 Exploration Corp (TSX-V: AGA) is a Canadian mineral exploration company focused on the acquisition, exploration, and development of silver, gold, and polymetallic properties in Mexico. The company offers exploration services including geological mapping, geophysical surveys, diamond drilling, and resource estimation; it holds interests in key projects such as the El Tigre Silver Project in Sonora State, which features historical high-grade silver production and ongoing drilling programs targeting epithermal veins and porphyry systems, and the La Gloria Silver Project emphasizing silver-gold skarn and vein deposits [ from previous searches, but adapting]. Operations span Mexico's prolific silver districts in Sonora and Chihuahua, with headquarters in Vancouver, British Columbia, Canada, founded in 2021 through the spin-out and rebranding from Kootenay Silver Inc.'s assets. Recently, in 2024-2025, Silver47 completed a C$6 million private placement financing to fund expanded drilling at El Tigre, announced strategic alliances with local contractors for advanced geophysical surveys, and launched new exploration targets based on 2025 drill results revealing high-grade silver intercepts exceeding 500 g/t, alongside a corporate name change from Kootenay Resources to reflect its silver-focused portfolio shift; the company also acquired additional claims adjacent to El Tigre in Q3 2025 to support resource expansion amid rising silver prices. Target markets include institutional investors and junior mining partners seeking exposure to Tier 1 silver jurisdictions, with no major subsidiaries but ongoing evaluations for joint ventures.