Mr. Galen McNamara reports
SILVER47 EXPLORATION INVITED TO JOIN DARPA-SPONSORED CRITICAL MINERALS FORUM
Silver47 Exploration Corp. has joined the Critical Minerals Forum (CMF), a coalition of miners, processors, investors and end-users committed to building resilient and diversified supply chains.
With seed funding from U.S. Department of War's Defense Advanced Research Projects Agency (DARPA), the CMF includes over 50 companies across the critical minerals value chain -- spanning the battery, semiconductor, defence and aerospace industries.
Critical minerals are essential for advanced defence technologies such as jet engines and radar systems as well as large-capacity batteries for electric vehicles and renewable energy storage. However, supply chains for many of these minerals are highly concentrated, predominantly under the control of monopolist actors in a non-market economy. This concentration enables manipulation of global markets, price distortion and geopolitical disruption. One of the most significant hurdles to increasing investment is the unusually high uncertainty surrounding production costs and mineral prices. Improving cost, price, supply and demand transparency is therefore fundamental to encouraging new investment.
Galen McNamara, chief executive officer of Silver47, stated: "We are proud to join this important coalition at a time when collaboration across the full value chain is critical. The CMF's data-driven approach, partnership with DARPA's Open Price Exploration for National Security (OPEN) initiative and role as a trusted clearing house align directly with our commitment to responsible development and long-term supply chain security. Through this membership, Silver47 looks forward to contributing to industry-wide initiatives that derisk investment, foster partnerships and accelerate the delivery of new critical minerals capacity."
The CMF serves as a neutral convener that develops a road map of future minerals needs through consultations with the U.S. government and multinational manufacturers, complemented by proprietary geographic modelling of supply and demand. It has been recognized by U.S. government agencies as a key adviser on essential mineral projects. The CMF also supports investment and blended financing for minerals projects while creating verifiable benefits for members through capital-raising support, partnership formation, offtake agreements and co-ordinated industry engagement with the U.S. government.
About Silver47 Exploration Corp.
Silver47 Exploration is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The company is creating a leading high-grade, U.S.-focused silver developer with a resource totalling 236 million ounces silver equivalent at 334 grams per tonne AgEq inferred and 10 million ounces at 333 g/t AgEq indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America's most prolific mining jurisdictions. For detailed information regarding the resource estimates, assumptions and technical reports, please refer to the National Instrument 43-101 technical report and other filings available on SEDAR+. The company trades on the TSX Venture Exchange under the ticker symbol AGA and OTCQX under the ticker symbol AAGAF.
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