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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 May 19, 2023 10:05am
134 Views
Post# 35456326

Philadelphia, what a find for Arizona Silver Exploration

Philadelphia, what a find for Arizona Silver Exploration  
https://arizonasilverexploration.com/news/arizona-silver-intersects-high-grade-gold-in-two-zones-drilled-at-the-philadelphia-project-arizona/
 
 
 

  
 
Highlights on the Philadelphia Property
  • 1.7 kilometers of gold mineralization in drill holes. 1.5 kilometers yet untested.
  • 110 holes drilled to date.
  • 100% of the 42 holes on the patented claims have hit gold mineralization.
  • 48 holes north of the patented claims have hit gold mineralization.
  • Only 40 acres of the 2400 acre claim package have been explored to date.
 
Patented Claim Drilling (since acquiring lease in 2021)
 
  • Strike length drilled to date: 1.7 Kilometers (still open 1.5 kms to the south and to the north)
  • Dip length drilled to date: up to 250 meters (still open down-dip)
  • Average thickness of all AZS holes: 46.42 meters
  • Average grade of all AZS holes: 0.92 gpt Au
  • Average Thickness of Meridian holes on Daryll’s Hill:  32.3 meters Just Daryl’s hill
  • Average grade of Meridian Holes on Daryll’s Hill:  1.89 gpt Au
  • Average overall thickness of 1000 meters strike on patented claims:  40 meters
  • Average overall grade of 1000 meters strike on patented claims:  1.32 gpt Au  
 
Target Size Drilled to Date:  
 
  • 1700m x 250m x 40m x 2.5TF = 42.5 MM Tonnes
  • Average grade to date:  1.32 gpt Au
  • Target potential contained ounces:  42.5 mmT x 1.32 gpt x .029166 opt/gpt = xxxxxxxx ounces Au (do the math)

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