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Silver47 Targets Main Vein Extension at the Hughes Project

Investor TV Aug 14, 2026

Summary

Silver47 holds the underexplored eastern half of the Tonopah Mining District, where historic production plus Black Rock Silvers drilling totals roughly 500Moz AgEq (silver-equivalent ounces).

Silver47 has drilled ~43-44Moz AgEq at Hughes — about a fifth of Black Rock Silvers post-2020 work — leaving significant drilling ahead.

A drill rig is now testing the main vein east of camp, hunting for the eastern Tonopah extension — early signs are encouraging.

Key points on Blackrock Silver

  • The speaker notes Blackrock Silver, which sits adjacent to the Hughes project, has drilled out about 120 million silver equivalent ounces.
  • Per the guest, Blackrock Silver's drilled resource plus historic Tonopah Mining District production together total roughly 500 million silver equivalent ounces.

Key points on Silver47 Exploration Corp

  • The speaker says Silver47 currently has a rig positioned east of the camp, actively targeting the main vein extension of the Tonopah Mining District at the Hughes project.
  • At the Hughes project in central Nevada, the company is sitting on roughly 43-44 million silver equivalent ounces, per the speaker.
  • The guest notes Silver47 has only completed about a quarter to a fifth of the drilling that Blackrock Silver has done since 2020, framing significant room for further resource growth.
  • The speaker calls the setup pretty exciting given that combined district-scale potential — Blackrock Silver's drilling plus historic Tonopah Mining District production — approaches 500 million silver equivalent ounces.