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Arizona Gold & Silver Inc V.AZS

Alternate Symbol(s):  AZASF

Arizona Gold & Silver Inc. is a Canada-based company junior exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The Company owns Philadelphia property, Silverton Gold 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 1860 acres. The Sycamore Canyon property is located in southern Graham County, Arizona, approximately 20 miles northeast of the town of Willcox. The core of the property consists of 10 unpatented lode mining claims on United States (US) Forest Service administered public lands.


TSXV:AZS - Post by User

Post by STEELE2on Jun 07, 2021 12:11pm
139 Views
Post# 33340417

Looks like this was a very promising drill campaign.

Looks like this was a very promising drill campaign.

Arizona Silver Exploration Announces Completion of The Q2 RC Drilling Program at Philadelphia Gold & Silver Property

 
 

Vancouver, British Columbia (June 07, 2021) – Arizona Silver Exploration Inc. (TSXV: AZS) (OTCQB: AZASF) is pleased to report that it has completed its Q2 reverse circulation (“RC”) drilling program at the Company’s Philadelphia gold-silver project located in Mohave County, Arizona. The Company completed a total of 6,270 feet in 15 holes on the recently acquired Perry Claim. Exploration drilling focused on testing along the strike and shallow dip of +1400 feet of the Perry vein, visible in outcrop at surface.

In reference, we are 4,000-5,000 lineal feet away from the Philadelphia mine/vein area where we last intersected the high-grade vein. Click here to view news release.

A total of 15 RC holes were drilled on five sections and tested the shallow levels of the Perry vein exposed on the surface. All 15 holes intersected the vein. Vein thicknesses generally increase with depth as do vein textures.  The deepest intercepts looked the best in terms of thickness and boiling zone textures.  It is apparent from the results of this drilling program that we appear to have the complete boiling zone preserved intact beneath the surface.  Also, the host geology is relatively uninterrupted by post-mineral faulting that confounds the exploration of the down-dip pursuit of the Philadelphia vein to the north.

Drilling samples from the RC drilling campaign are being sent to ALS Minerals sample preparation facility in Tucson, Arizona under strict chain of custody.

We have 4,500 feet of strike, south of the Perry claim, that remain untested. Our district level analysis interprets that the entire +11,000 feet of the vein system is tilted to the south. The further south along the vein system we go the higher we appear to be in the vein system, and the better preserved the boiling zone is. Conversely, the further north we go the deeper we appear to be in the vein system. Erosion appears to have removed (a significant) part of the vein system in the north. Sampling is underway to follow up on earlier sampling that indicated the presence of anomalous gold and silver in association with the continuation of the Arabian fault and associated veining within and south of the Perry claim. Click here to view claims.

Arizona Silver’s Vice President – Exploration, Greg Hahn, commented, “We are excited to be the first to test the Perry vein with drilling. Surface samples indicate the presence of visible gold. The vein as exposed on the surface is consistently 20-30 feet wide and consists of green and white quartz with locally black calcite. Drilling supports the continuity of these characteristics with depth. Panning of cuttings periodically reveals the presence of fine-grained gold in the drill cuttings.  While this is no indication of the grade of the intervals drilled, it does substantiate that there is gold in the system, and we are encouraged that the improvement in thickness and vein quality with depth bodes well for success in this campaign and the potential to chase this system not only further down dip but also along strike.” Our deepest hole on this program has been 350 feet down dip, so far. A lot of open potential remains down dip.

Qualified Person

Gregory Hahn, VP-Exploration and a Certified Professional Geologist (#7122) is a Qualified Person under National Instrument 43-101 (“NI 43-101”) and has reviewed and approved the technical information contained in this news release.

About Arizona Silver Exploration Inc.

Arizona Silver is a young exploration company focused on exploring underexplored gold-silver properties in western Arizona and now Nevada. The Company plans to continue to drill test the Ramsey Silver Mine property located a short distance east of Quartzsite, Arizona as time allows. The Company has recently received a positive Record of Decision on its Notice of Intent to drill an initial eight exploration holes on its recently acquired Silverton gold-silver property with carlin-type targets. Drilling there will be scheduled as time and equipment allow.

Please refer to our web site for all news and updated property information. www.arizonasilverexploration.com

On behalf of the Board of Directors:

ARIZONA SILVER EXPLORATION INC.

Mike Stark, President and CEO, Director
Phone: (604) 833-4278


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