The Prospector News

BLM Issues Exploration Drilling Permit for The Red Hills Target at The Philadelphia Gold-Silver Project, Arizona

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

BLM Issues Exploration Drilling Permit for The Red Hills Target at The Philadelphia Gold-Silver Project, Arizona

 

 

 

 

 

Arizona Gold & Silver Inc.(TSXV: AZS)  (OTCQB:AZASF) is happy to announce that the US Bureau of Land Management has provided the requisite approval for the Company to proceed with exploration drilling on the Red Hills gold target on the Philadelphia Gold-Silver property, Arizona.  The Company had been awaiting a BLM Record of Decision and Finding of No Significant Impacts.

 

 

The approval of the proposed exploration plan will allow the Company to upgrade two access roads and build two drill pads and sumps for drilling up to 40 exploration holes to test the continuity of mineralized rock that was intersected on patented claims on the western edge of the Red Hills target. Investors can refer to press releases dated January 24, 2023, and February 7, 2023, available on the Company’s website.

 

 

Mr. Greg Hahn, VP Exploration commented, “The approval of the proposed drilling plan paves the way for the Company to pursue extensions to significant drill intercepts encountered in 2021-2022 on the Company’s immediately adjacent Rising Fawn and Perry patented claims.”

 

 

The Company has agreed to several environmental mitigation measures both prior to and during drilling that will help protect sensitive species known to be present in the general area, as a demonstration of its commitment to operating in an environmentally responsible manner.  All disturbances will be reclaimed as soon after completion of drilling as is practicable, including regrading and reseeding of the disturbances upon completion of the drilling program.  An appropriate bond will be posted to insure completion of site reclamation.

 

 

The Plan of Operations, Environmental Assessment, ROD, and FONSI documents can be reviewed at the following website: https://eplanning.blm.gov/eplanning-ui/project/2026252/510

 

 

View Press releases dated January 24, 2023, and February 7, 2023.

 

 

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 Gold & Silver Inc.

 

 

Arizona Gold & Silver Inc. is a leading exploration company focused on uncovering precious metal resources in Arizona and Nevada. With a commitment to sustainable practices and innovative exploration techniques, the company aims to drive value for stakeholders while prioritizing environmental stewardship. The flagship asset is the Philadelphia gold-silver property where the Company is drilling off an epithermal gold-silver system ahead of an initial resource calculation.

 

Posted June 5, 2024

Share this news article

MORE or "UNCATEGORIZED"


McEwen Mining Announces Closing of Flow-Through Financing

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report it... READ MORE

June 14, 2024

FRONTIER LITHIUM INTERSECTS 136.7M OF 1.32% Li2O AND EXTENDS SPARK PEGMATITE

Frontier Lithium Inc. (TSX-V: FL) (FRA: HL2) (OTCQX: LITOF) is pl... READ MORE

June 14, 2024

ALX Resources Corp. Receives Analytical Results from the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

ALX Resources Corp. (TSX-V: AL) (FSE: 6LLN) (OTC: ALXEF) is pleas... READ MORE

June 13, 2024

enCore Energy Commences Uranium Production at its Second South Texas Project

enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) announced the succes... READ MORE

June 13, 2024

West Red Lake Gold Pours Gold Bar From Madsen Mill Cleanup

West Red Lake Gold Mines Ltd. (TSX-V: WRLG) (OTCQB: WRLGF) is ple... READ MORE

June 13, 2024

Copyright 2024 The Prospector News