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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 winr88on Jan 30, 2024 6:38pm
148 Views
Post# 35853821

From Mike Stark

From Mike Stark
Reason we should own Arizona Gold Silver Inc
 
1.7 kilometers of gold mineralization in drill holes. 1.5 kilometers remains
untested to the south.
112 holes drilled to date plus 15 holes inherited from Meridian Gold.
100% of the 55 holes on the patented claims have hit gold mineralization.
48 holes north of the patented claims have also hit gold mineralization.
Only 55 acres of the 2400-acre claim package have been explored to date.
Target size 1700m x 250m x 40m x 2.5TF = 42.5 MM Tonnes
Average grade of drill intercepts to date: + 1 gpt Au
72.5 grams gold and 16.1 gpt silver intersected in one most recent RC hole
Management recent exercise of 1.3 million options without selling shares.
The Company bought out lease agreement with property owner.
https://arizonagoldsilver.com/arizona-silver-enters-into-purchase-and-sale-
agreement-on-philadelphia-high-grade-gold-silver-vein-property-mohave-
county-arizona/
The Company bought out NSR on unpatented claim package.
https://arizonagoldsilver.com/arizona-silver-announces-buy-out-of-existing-
nsr-on-its-100-owned-philadelphia-property/
Management has never SOLD a share ever!
Mining friendly jurisdiction.
Two functional mines within 12 miles of our property, one out of material
and on care and maintenance the other very limited supply left. Both need
feed that we should be able to supply. Distinguishes us from other “junior”
exploration companies that lack access to hungry processing facilities.
Several active CAs signed with mid-tier and major companies.
https://arizonagoldsilver.com/arizona-silver-exploration-provides-results-on-
metallurgical-tests-ranging-from-94-40-to-99-50-recovery-from-the- philadelphia-
project/
 
 
 
New 3-D model with narrative
:https://arizonasilverexploration.com/philadelphia/
 
 
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 300 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 Rising Fawn portion: 32.3 meters
    Average grade of Meridian Holes: 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)
    Drilling about 75% complete on this target size. Gaps remain to be drilled prior to
    commencing resource calculations within this volume.
     
     
    Regards,
    Mike Stark, CEO, President
    Arizona Gold & Silver Inc.
    +1 (604) 833-4278
    Suite 900 - 777 Hornby St, Vancouver, BC
    Canada, V6Z-1S4
     

     

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