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Silver47 Adds Critical Metals to its 168 Million Ounce AgEq Project in Alaska in Support of the Reformation of the USBob Moriarty The United States is undergoing a Reformation of the economy under President Trump. I don’t agree with everything he is saying and doing. His Border Czar and Spokeswoman are nothing short of brilliant. RFJ Jr is the person to clean up the medical system in the US but nothing will ever make me approve or support genocide no matter who it is aimed at. Trump is pouring fuel on a bonfire in the Middle East. According the Douglas Macgregor, we could be in World War III in the next month. That said, some of the actions of China have handed the United States both a problem and a solution at the same time. Trump started waving his plastic baseball bat around and threatened China with even more sanctions. China naturally responded swinging a real Louisville Slugger of their own. On December 4th, 2024 China announced the halt of shipments of five critical metals to the United States. These elements include antimony, gallium, germanium, tungsten and indium. That creates a giant problem for the United States. With some of the metals China is the supplier of 97% of the world’s supply. While the US was busy burying mining in red tape and endless bureaucratic stupidity and handed its manufacturing capacity to China, the Chinese were planning for the future of their country. So, the prices of these items has shot to the roof and some are nearly impossible to get. China has made an important point. While you are busy making intricate and detailed plans for how you are going to destroy the economy of your enemy, they are doing exactly the same thing. But this also creates a giant opportunity for America. The election of Donald Trump has created an entirely new opportunity for the country. Instead of funding some of the most irrational grants by USAID, Trump’s guys understand the US is functionally bankrupt. We need a reset, a reformation, as it were of the debt-based system where 32% of the economy consists of shuffling pieces of paper around while only 10% consists of making things and mining is less that 1% of the economy. Under Trump it’s going to be a whole new world for mining. The mountains of paperwork and stupid red tape are going to be ripped off like yanking a bandage off. Mining is going to thrive else the country joins the rest of the third world shit holes. Our country has a rich heritage of mining and it is about to be renewed because if we do not rebuild mining we aren’t going to be producing anything at all. I’ve owned part of a project in Alaska named Red Mountain about 100 km south of Fairbanks for a long long time. It was owned by an Australian company named White Rock Minerals that ran it into the ground before going into bankruptcy. But it was bought by a silver-oriented company called Silver47 (AGA-V SVEXF-Pink sheets). At the time they owned a giant silver project in the Yukon that also was buried in red tape. I suggested to them they contact the bankruptcy court for White Rock to see if they could do a deal on Red Mountain. They did and now own it. Red Mountain has a 43-101 showing 15.6 million tonnes at a grade of 335.7 g/t AgEq for a total of 168.6 million ounces of silver Eq. The company is targeting 1 billion ounces of AgEq in this massive district scale VMS deposit of silver, lead, zinc, and copper. But company president Gary Thompson realized that similar giant VMS projects often carry what was trace elements of critical metals such as antimony and gallium, niobium and vanadium. Before China cut off the supply to the United States those minerals were more interesting than economic. With the increase in price we know is coming, all of a sudden those metals turn into the icing on an already rich cake. The Red Mountain deposit is one of the highest value properties in terms of metal in the ground values in the world. Currently antimony is priced at about $25 per kilo. In a press release dated the 12th of February Gary listed some of the outstanding results from assays done in the past for antimony. The most valuable grades of antimony showed up in assays from the Dry Creek zone with values up to 6.23 kilos per tonne worth $155 USD per tonne in the ground. Gallium is quoted at $934 USD per kilo. Assays show as high as 116 ppm gallium worth $108 per tonne in the ground. Those numbers do not of course reflect average grades or how much is recoverable. Studies are being done presently by Silver47 to determine how much is recoverable. And one important factor is what would it cost in adding an antimony or a gallium circuit to a processing mill. But what should be obvious is that (1) Silver47 has a lot of critical metals now in short supply and (2) to regain footing to be able to compete in manufacturing in the world, the US must develop resources of its own and the processing plants to separate them. Silver47 was an interesting investment before the addition of more potential valuable elements in the mix. Essentially you are buying silver Eq ounces for $.16 CAD an ounce. I don’t think it gets any better than that. With a 43-101 resource of 15.6 million tonnes, worth about $5 billion, Silver47 is one of the cheapest silver, lead, zinc projects in the world. It will be a mine. It will get into production and if Elon Musk has a lick of sense he will start a fund for the United States government to start supporting junior mining companies in the US financially. We have no other alternative. Silver47 is an advertiser. I have bought shares in previous private placements so naturally I am biased. Management is young and aggressive. The company needs cash for an aggressive drill program but the juniors are starting to show signs of life and money will become available soon. Their presentation is excellent and should be reviewed by all potential investors. Silver47 Exploration Corp ### Bob Moriarty 321gold Ltd |
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