Spread over approximately 620 km² in Alaska, Red Mountain contains two main zones (Dry Creek, West Tundra Flats) with 15.6 million t @ 335.7 g/t AgEq. Historically, 37,378 m have already been drilled. Target: a potential 500–900 million oz AgEq resource. Also active are targets such as Galleon, Horseshoe, and Sheep Creek for 2025.
Note: This page is regularly updated to provide you with the latest developments.
What is the Red Mountain Project?
The flagship project in Alaska with 15.6 million t at 335.7 g/t AgEq (≈ 168.6 million oz AgEq). The goal is 50–75 million t at 300–400 g/t AgEq – currently fully explored through a PEA-compliant drilling program.
What drilling results are available?
Excellent results such as 22 m @ 601 g/t AgEq (including 2.66 m @ 1,801 g/t), 6 m @ 1,248 g/t, and 24 m @ 486 g/t from 2024 drilling in West Tundra Flats and Dry Creek.
What did the Summa Silver merger bring?
The merger in May 2025 brought Hughes (Nevada) and Mogollon (New Mexico), totaling approximately 236 million oz AgEq (including 10 million oz Indicated). Post-merger, a liquid C$10 million cash position plus C$5 million private placement.
What is the financial situation?
Market value approximately C$55 million, debt-free, C$2.9 million cash as of Dec 2024, secured by C$9.8 million capital rounds (April), OTC and Tier 1 listing (May), accompanying financing via C$6.9 million bought deal.
Risk warning: The purchase of securities involves high risks that can lead to the total loss of the capital employed. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research, but any liability for financial losses or the guarantee of the topicality, correctness, adequacy and completeness of the articles offered here is expressly excluded. Please also note our terms of use.
Über die folgenden Broker können Sie ein Depot eröffnen und anschließend die Aktie bequem handeln. Bei Klick werden Sie zum jeweiligen Anbieter weitergeleitet. Manche Links sind Partnerlinks – für Sie entstehen keine zusätzlichen Kosten.
You can open an account with the following brokers and then easily trade the stock. Clicking will redirect you to the respective provider. Some links are affiliate links – there are no additional costs for you.
