Target Deposit Type

SEDEX (Sedimentary Exhalative) deposits, known for their high-grade silver, lead, zinc, copper, and gold mineralization.

Historic Exploration

Extensive exploration of silver-lead-zinc mineralization has taken place between 1925 and 1990, with 137 assessment reports dating back to 1949, that suggest a large multi-phase fold system with well-developed foliations and reverse/normal faults, indicating significant potential for further discoveries. Historical drilling on the Adams Plateau Project returned 4.8 meters of 348 g/t silver, 0.72 g/t gold, 2.7% lead-zinc at the Spar Target. Drilling at the Lucky showing returned 3.66 meters of 180 g/t silver, 8.1% lead-zinc. with surface rock grabs up to 4000 g/t silver, 7% copper. Recent rock samples collected by Silver47 have returned (3503 g/t silver, 1.0 g/t gold, 29% lead-zinc) and (1380 g/t silver, 6.5 g/t gold, 25% lead-zinc).

Mineralization

Comprised of disseminated to massive sulphide lenses with pyrrhotite-sphalerite-galena and locally high precious metal content, including chalcopyrite and arsenopyrite layers.