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Arizona Gold & Silver Inc V.AZS

Alternate Symbol(s):  AZASF

Arizona Gold & Silver Inc., formerly Arizona Silver Exploration Inc., is a Canada-based company, which is engaged in junior mining exploration primarily in the Western United States. The Company owns Philadelphia property, Silverton Gold project, Ramsey Silver project, and Sycamore Canyon project. The Philadelphia Property is a high-grade gold and silver vein target located in Mohave County, northwestern Arizona and is comprised of 30 claims. The Silverton Gold Project is a Carlin-type gold exploration property located in Nye County, Nevada. The property is near the old Silverton Mine property located about 100 kilometers northeast of Tonopah, Nevada, and consists of 77 unpatented lode mining claims totaling approximately 1540 acres. The Ramsey Silver Project is located in Arizona, United States. The Sycamore Canyon property is located in southern Graham County, Arizona and consists of 10 unpatented lode mining claims on US Forest Service administered public lands.


TSXV:AZS - Post by User

Post by winr88on Nov 06, 2020 8:48am
150 Views
Post# 31850305

THE POTENTIAL OF WHAT MAY BE COMING FROM DRILL RESULTS!!!!

THE POTENTIAL OF WHAT MAY BE COMING FROM DRILL RESULTS!!!!My source of info is from this web address which is a copy of an old book from the University of Arizona. It is called the Geology and Ore deposits of the Oatman and Katherine districts of Arizona. Someone has photocopied the pages and posted them on line. Please read it for yourself too. It should give you an excellent understanding of what may be to come.  You will get a fairly good understanding of where the drills are at now, what has been found and what excitement may be coming from the results of deeper drills.

Here is the web link to the book

https://repository.azgs.az.gov/sites/default/files/dlio/files/2010/u14/Bull_131_Oatman_OCR_0.pdf

The 1st through 4th stages I believe we have seen in the previous drill results.

 Stage 1  around 1 gram per ton

 Stage 2 around 1-2 grams per ton

 Stage 3 around 1 to 12 grams per ton

 Stage 4 around 6 to 32 grams per ton

 Stage 5 around 32 grams per ton and up.

It appears that stage 5 is at the basement of the vein and the primary host rock is yellow quartz, Calcite and Adularia. All three usually host the high grade gold deposits.
I believe that the present core drilling will be in the stage five zone in what is termed the Boiling zone. The RC will be in earlier stages. The stages table is on page 72 of the book and a description in detail of the stages begins on page 63.
 Past high producing mines had their best values up to 800 feet at United eastern mine and 600 feet for the Tom Reed extension claim where both were mining 1 oz per ton plus gold in stage 5.
Again it needs to be noted that the posted mining results in the book at $$$ per ton. $20 was the going rate per ounce of gold at that time.
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