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Arizona Silver Intersects 33.56 gpt Gold And 54.7 gpt Silver Over 2.35 Metres at Philadelphia Gold Silver Property in Mohave County, Arizona

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Highlights:

Highest grades of gold, silver, and beryllium encountered to date in hole PC20-37, as follows:

  • 33.56 grams/tonne Au and 54.7 gpt Ag over 2.35 metres, within a thicker interval of 10.76 metres containing 9.26 gpt Au , 79.8 gpt Ag, and 344 gpt Be beginning at a depth of 27.96 metres.
  • All five of the other core holes from the initial 2020 drilling program returned excellent gold and silver and beryllium values in the target vein adjacent to and down-dip from previously announced high-grade gold-silver drill results on the Philadelphia vein.
  • 13.3 grams/tonne Au and 179 gpt Ag over 1.5 metres, within a thicker interval of 9.3 metres containing 3.3 gpt Au and 80.7 gpt Ag, beginning at a depth of 2.9 metres immediately below alluvium.
  • 11.7 grams/tonne Au and 212 gpt Ag over 0.76 metres, within a thicker interval of 5.6 metres containing 3.5 gpt Au and 173 gpt Ag, beginning at a depth of 26.9 metres.
  • A follow-up drilling program is planned to continue to pursue the vein along strike and down dip of the intercepts encountered to date.

 

Arizona Silver Exploration Inc. (TSX-V: AZS) (OTCQB: AZASF)  is pleased to report continuing high-grade gold and silver assay results from its recently completed core drilling program on the Company’s Philadelphia gold-silver project located in Mohave County, Arizona. The exploration work is focused on the northern strike extension from old high-grade underground mine production during the first half of the 20th century where high-grade drill hole intercepts were reported recently (September 02, 2020).

All six core holes reported here hit the primary vein target either along strike or down dip from the previous high-grade intercepts.

Arizona Silver’s Vice President – Exploration, Greg Hahn, commented, “We are excited that these results demonstrate the gold and silver grades and thicknesses encountered historically to the south of this drilling grogram continue to the north and remain wide open both along strike and down-dip. We will continue to pursue this high-grade vein with more core drilling to further identify grade and thickness within the plane of the vein.”

 

Summary Table of Core Drill Results

 

PC20-37A SUMMARY RESULTS        
Section 400N, 300 az., -75 incl.

 

       
          Est. True
  Thickness Au Ag Be Thickness
MAIN VEIN feet ppm ppm ppm feet
PC20-37A 91.7-94.3 2.6 1.58 31.2 13 2
PC20-37A 94.3-98.3 4 37.4 21.3 32 3
PC20-37A 98.3-102 3.7 29.4 90.8 115 2.8
PC20-37A 102-106 4 2.55 150 481 3
PC20-37A 106-110 4 7.68 150 913 3
PC20-37A 110-114 4 4.13 115 953 3
PC20-37A 114-118 4 0.77 109 498 3
PC20-37A 118-122.7 4.7 0.67 34.9 30 3.6
PC20-37A 122.7-127 4.3 0.19 13 10 3.3
           
TOTALS 91.7-127 35.3 9.26 79.8 344 26.8
           
           
 

PC20-38B SUMMARY RESULTS

     
Section200N, 300 az., -55 incl.

 

     
          EST. TRUE
  Thickness Au Ag Be THICKNESS
MAIN VEIN feet ppm ppm ppm feet
PC20-38B 9.5-11.5 2 0.7 24.1 217 1.8
PC20-38B 11.5-13 1.5 0.28 27.2 54.4 1.4
PC20-38B 13-16 3 0.27 70.1 354 2.7
PC20-38B 16-19 3 4.12 77.9 84.7 2.7
PC20-38B 19-23 4 3.4 35.4 29.7 3.6
PC20-38B 23-26 3 0.16 26.2 9.1 2.7
PC20-38B 26-26.8 0.8 0.87 23.9 27.8 0.7
PC20-38B 26.8-30 3.2 0.06 29.4 10.1 2.9
PC20-38B 30-32 2 0.88 97.7 9 1.8
PC20-38B 32-35 3 1.16 168 62.5 2.7
PC20-38B 35-40 5 13.3 179 119.5 4.5
END OF TWIN OF -38A          
TOTALS 9.5-40 30.5 3.33 80.7 93 27.6
           
           
 

PC20-38A SUMMARY RESULTS

     
Section 200N, 300 az., -55 incl.

 

     
          EST. TRUE
  Thickness Au Ag Be THICKNESS
MAIN VEIN feet ppm ppm ppm feet
PC20-38A 23-28 5 4.52 37.5 201 4.5
PC20-38A 28-33 5 2.46 37 73 4.5
PC20-38A 33-36 3 0.9 32.4 46 2.7
PC20-38A 36-40 4 0.19 51.4 9 3.6
PC20-38A 40-45 5 2.55 163 37 4.5
PC20-38A 45-48 3 7.16 185 122 2.7
PC20-38A 48-51 3 4.23 171 91 2.7
PC20-38A 51-56 5 0.17 183 6 4.5
TOTALS 23-56 33 2.61 105.3 72 29.9
           
           
 

PC20-39A SUMMARY RESULTS

       
Section 200N, 310 az., -55 incl.

 

       
          EST. TRUE
  Thickness Au Ag Be THICKNESS
HW VEIN or feet ppm ppm ppm feet
INTERMEDIATE VEIN          
PC20-39A 9-13 4 1.22 10.3 99 3.6
PC20-39A 13-15 2 0.16 5.7 266 1.8
PC20-39A 15-17.5 2.5 0.77 8.7 385 2.3
TOTAL 9-17.5 8.5 0.84 8.7 222 7.7
           
MAIN VEIN          
PC20-39A 88.5-93.5 5 0.25 241 94 4.5
PC20-39A 93.5-95.5 2 4.39 116 45 1.8
PC20-39A 95.5-98.5 3 3.17 111 17 2.7
PC20-39A 98.5-101 2.5 11.7 212 49 2.3
PC20-39A 101-107 6 2.67 150 97 5.4
TOTAL 88.5-107 18.5 3.5 173 71 16.8
           
           
 

PC20-36A SUMMARY RESULTS

       
Section 400N, 300 az., -55 incl.

 

       
           
  Thickness Au Ag Be EST. TRUE
MAIN VEIN feet ppm ppm ppm THICKNESS
PC20-36A 60.1-65.3 5.2 0.65 19.7 11.9 4.7
PC20-36A 65.3-68 2.7 7.92 17.2 80 2.4
PC20-36A 68-71 3 1.12 40.3 214 2.7
PC20-36A 71-74.5 3.5 1.04 65 500 3.2
PC20-36A 74.5-78 3.5 0.63 56.4 315 3.2
PC20-36A 78-81.5 3.5 1.34 37.5 352 3.2
TOTALS 60.1-81.5 21.4 1.81 38.59 233.85 19.4
           
           
 

PC20-34A SUMMARY RESULTS

     
Section 300N, 300 az., -55 incl.

 

     
          EST. TRUE
  Thickness Au Ag Be THICKNESS
MAIN VEIN feet ppm ppm ppm feet
PC20-34A 35-42 7 3.16 117 75 6.3
PC20-34A 42-44 2 1.5 25.3 12.9 1.8
PC20-34A 44-47 3 0.06 42.4 9.5 2.7
PC20-34A 47-51.3 4.3 0.05 27.8 7.7 3.9
PC20-34A 51.3-56.2 4.9 0.75 29.8 72.3 4.4
PC20-34A 56.2-60.5 4.3 0.74 21.4 35.6 3.9
PC20-34A 60.5-62.3 1.8 1.5 85.7 24.9 1.6
Total 35-62.5 27.3 1.28 55.3 42.7 24.7

 

QA/QC Program for the 2019 Exploration Work

 

All assaying was conducted by ALS Global, an independent analytical laboratory. Core boxes were delivered to the ALS sample preparation facility in Tucson, Arizona, where the core is catalogued, photographed, sawed, and crushed and pulverized.  Pulverized splits are sent to the ALS analytical facility in Vancouver, British Columbia for analyses. All material handling is done under a strict chain of custody protocol.  Gold is determined by fire assay with an AA finish and silver and beryllium are determined by ICP-MS methods within a 31-element suite.

The Company maintains its own program of inserting Standard Reference material in the form of standards and blanks to the sampling stream, prior to being shipped to ALS’s preparation facility in Tucson, Arizona, in addition to the independent QA/QC protocols of ALS Global.

Qualified Person

 

Gregory Hahn, VP-Exploration and a Certified Professional Geologist (#7122) is a Qualified Person under National Instrument 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. 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.

 

Posted October 5, 2020

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