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Prospector Podcast – Mike Stark: $12M Evolution Mining Deal, Drilling Expansion and High-Grade Philadelphia Project Updates

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Prospector Podcast – Mike Stark: $12M Evolution Mining Deal, Drilling Expansion and High-Grade Philadelphia Project Updates

 

 

 

 

Michael Fox sits down with Mike Stark, President and CEO of Arizona Gold and Silver (TSX-V: AZS) (OTCQB: AZASF), for an in-depth update on the company’s flagship Philadelphia gold-silver property north of Bullhead City, Arizona. Mike reveals that the 3,600-acre property has only seen 80 acres explored to date, with 173 drill holes completed and verified strikes confirming a major epithermal system with Merlin-style deposit potential. The discussion covers Evolution Mining’s strategic C$12 million private placement at 80 cents per share—validating the asset’s value and enabling 2–2.5 years of extended drilling under a new BLM permit. Mike shares exciting progress on hole 172 (assays expected early September) and hole 173, which is drilling deeper into the boiling zone with potential to extend the deposit to 2,800 feet. The team outlines plans to transition to 24-hour drilling with two crews, potentially tripling capacity and cutting results turnaround from 20 to 10 days, while also preparing for a hybrid open-pit and underground mining operation. Plus, updates on field safety in extreme heat, the formation of a joint technical committee with Evolution, and how rising gold prices are accelerating junior market opportunities.

 

For more, visit arizonagoldsilver.com 

Posted August 18, 2026

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