Vancouver, British Columbia, July 11, 2023 – Arizona Silver Exploration Inc. (TSXV: AZS) (OTCQB:AZASF) is pleased to announce very positive results from re-assays by the metallic screen procedure on selected drill hole intervals on the Philadelphia epithermal gold project. The highest-grade interval to be re-assayed showed the largest grade increase, 42.2% (51 gpt to 72.5 gpt) gold. A total of 24 samples of both high and low-grade material were re-assayed if they contained visible gold. The samples were all from the spring 2023 reverse circulation (“RC”) drilling campaign.
Mr. Greg Hahn, VP Exploration commented, “Re-assaying of samples with coarse gold is a normal industry practice to gauge if grades are being underestimated simply because a standard 30-gram sample for fire assay can miss coarse gold that might not be represented in a 30-gram split.. Re-assaying on 24 samples is considered statistically meaningful as we assayed both higher and lower grade material. For all 24 samples the average grade increased by 25.9%.”
“Going forward we will routinely re-assay high-grade intervals and use the metallic screen technique also on duplicate samples to resolve potential assay discrepancies when our geologist identifies coarse gold in his logging. In due course when Philadelphia advances into the evaluation phase much more re-assaying will be done. In the meantime, I am delighted that our project continues to have positive outcomes as we continue drilling off this deposit” added Greg Hahn.