Story perspectives

Silver Surge: Companies Expand Exploration Amid Record Prices

1/16/2026

Summary

Story summary

Amid record-high silver prices, Silver47 Exploration Corp. plans to expand the Red Mountain project in Alaska with a 2026 drilling program.
Alaska Silver Corp. reports Illinois Creek results, including high-grade silver and gallium at Silver Sage site.
Quantum Critical Metals Corp. notes exceptional silver potential at Babine South and plans expanded exploration.
Resolution Minerals Limited confirms high-grade antimony and silver at Antimony Ridge Mine in Idaho amid U.S. supply concerns.

History

Historical Context

The Silver Purchase Act of 1934 mandated the U.S. government to buy silver, boosting its price and stimulating mining activities. This act established the U.S. Silver Reserve, which held over 3.5 billion ounces of silver. Following its repeal in 1963, the legacy of government intervention in silver markets continues to influence current mining expansions, as companies respond to record-high silver prices.

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Story summary

Amid record-high silver prices, Silver47 Exploration Corp. plans to expand the Red Mountain project in Alaska with a 2026 drilling program.
Alaska Silver Corp. reports Illinois Creek results, including high-grade silver and gallium at Silver Sage site.
Quantum Critical Metals Corp. notes exceptional silver potential at Babine South and plans expanded exploration.
Resolution Minerals Limited confirms high-grade antimony and silver at Antimony Ridge Mine in Idaho amid U.S. supply concerns.

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