TSXV:AZS

Arizona Silver Reports 3.7 Ft. Grading 6.79 gpt Gold and 258 gpt Silver at Philadelphia Gold Silver Property in Mohave County, Arizona

(TheNewswire)



Arizona Silver Exploration Inc. (TSXV: AZS ) ( OTC:AZASF ) wishes to report additional drill results from core drilling completed in April 2021 on the Main Claim of the Philadelphia vein at the Company's Philadelphia gold-silver project located in Mohave County, Arizona

Results from the next five holes on the Main Claim are shown in the table below.

PC21-60 and PC21-64 through PC21-67 Results

Hole ID

From

To

Feet

Au gpt

Ag gpt

PC21-60

2.8

6.5

3.7

6.79

258.0

PC21-60

6.5

10.0

3.5

0.72

70

PC21-60

10.0

12.8

2.8

0.18

37.9

PC21-60

12.8

14.6

1.8

0.07

19.2

PC21-60

14.6

18.3

3.7

0.32

39.3

PC21-60

18.3

23.0

4.7

0.19

9.2

Total

2.8

23.0

20.2

1.50

75.7

PC21-64

43.0

46.0

3.0

1.09

14.4

PC21-64

46.0

49.0

3.0

0.18

57.5

PC21-64

49.0

52.0

3.0

0.18

8.6

PC21-64

52.0

54.7

2.7

0.05

8.3

PC21-64

54.7

57.0

2.3

0.09

21.2

PC21-64

57.0

60.5

3.5

0.03

10.3

PC21-64

60.5

65.0

4.5

0.15

11.9

Total

43.0

65.0

22.0

0.86

18.3

PC21-65

11.2

16.3

5.1

0.15

39.2

PC21-66

11.0

18.0

7.0

0.33

18.1

PC21-67

6.0

11.5

5.5

0.64

18.6

PC21-67

11.5

17.2

5.7

0.32

17.6

PC21-67

17.2

20.2

3.0

0.31

18.8

PC21-67

20.2

25.5

5.3

0.32

10.5

PC21-67

25.5

29.0

3.5

0.78

47.5

PC21-67

29.0

34.0

5.0

0.17

17.7

PC21-67

34.0

39.0

5.0

0.62

45.8

PC21-67

39.0

44.0

5.0

0.16

19.9

Total

6.0

44.0

38.0

0.73

23.6

All reported intercepts are approximate true widths.

These intercepts represent the up-dip portion of the main vein near the surface at Philadelphia.  Deeper drilling is required to test the down-dip portions of the veins intercepted to date, but this requires additional road work and permitting. Meanwhile drilling has shifted to the vein exposed on the Perry vein as reported in our recent press release dated June 07, 2021.

Results from the 3 core holes and 15 RC holes drilled on the Perry Claim of the Philadelphia Project are pending.  Drill samples from the RC drilling campaign on the vein at the Perry claim have been submitted to ALS Global's sample preparation facility in Tucson, Arizona.

QA/QC Program

All assaying was conducted by ALS Global, an independent analytical laboratory. Core boxes and RC cuttings 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 is 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 ("NI 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 as time allows. 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. Drilling there will be scheduled as time and equipment allow.

Please refer to our web site for all news and updated property information.

www.arizonasilverexploration.com

On behalf of the Board of Directors:

ARIZONA SILVER EXPLORATION INC.

Mike Stark, President and CEO, Director

Phone: (604) 833-4278

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects of the 2020-2021 exploration program; the potential for development of the mineral resources; the potential mineralization and geological merits of the exploration properties; and other future plans, objectives or expectations of the Company. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include the risk that actual results of current and planned exploration activities, including the results of the Company's 2021 drilling program(s) on its properties, will not be consistent with the Company's expectations; the geology, grade and continuity of any mineral deposits and the risk of unexpected variations in mineral resources, grade and/or recovery rates; fluctuating metals prices; possibility of accidents, equipment breakdowns and delays during exploration; exploration cost overruns or unanticipated costs and expenses; uncertainties involved in the interpretation of drilling results and geological tests; availability of capital and financing required to continue the Company's future exploration programs and preparation of geological reports and studies; delays in the preparation of geological reports and studies; the metallurgical characteristics of mineralization contained within the exploration properties are yet to be fully determined; general economic, market or business conditions; competition and loss of key employees; regulatory changes and restrictions including in relation to required permits for exploration activities (including drilling permits) and environmental liability; timeliness of government or regulatory approvals; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, including that the Company's 2021 programs would proceed as planned and within budget. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation.

Copyright (c) 2021 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
"investing news network"

Arizona Silver Exploration

Exploring High Grade Gold and Silver Targets in Arizona and Nevada

Exploring High Grade Gold and Silver Targets in Arizona and Nevada Keep Reading...
Pile of silver coins and a bar, featuring eagle and face engravings.

Silver Price Surges Past US$56 to New All-time High on Comex Disruption

Silver missed the Black Friday sale memo, rising to a new all-time high of US$56.86 per ounce. The white metal's price rise came after CME Group (NASDAQ:CME) halted trading on the Comex on Friday (November 28), citing a "cooling issue" at a CyrusOne data center located in a Chicago suburb. "On... Keep Reading...
Silver bars in front of newspaper showing high price performance.

What Was the Highest Price for Silver?

Like its sister metal gold, silver has been attracting renewed attention as a safe-haven asset. Although silver continues to exhibit its hallmark volatility, a silver bull market is well underway in 2025. Experts are optimistic about the future, and as the silver price's momentum continues in... Keep Reading...
Silver Dollar Resources

Silver Dollar Samples Up to 2,753 g/t AgEq in Underground Sampling Campaign at its La Joya Silver Project

Silver Dollar Resources Inc. (CSE:SLV)(OTCQX:SLVDF)(FSE:4YW) ("Silver Dollar" or the "Company") is pleased to report underground sample assay results and preliminary geologic modeling of existing high-grade drill results in support of an exploration and mining strategy shift from open pit to... Keep Reading...
Critical Mineral Resources

Critical Mineral Resources

Critical Mineral Resources Plc is an exploration and resource development company operating in the Republic of Cyprus. Its current focus is on copper-gold opportunities. Some of its projects are the Kalavasos Project, the Troulli Project, and the Mathiatis Project. Keep Reading...
Silver bars on pile of $100 bills and green chart going up.

Could the Silver Price Really Hit $100 per Ounce?

Will the First Majestic Silver (TSX:FR,NYSE:AG) CEO’s silver price prediction of over US$100 per ounce come true?The silver price has surged over 80 percent in 2025 on growing economic uncertainty amid ongoing geopolitical tensions and US President Donald Trump’s escalating trade war, supported... Keep Reading...
Silver bars on shiny metallic surface.

Silver Stocks: 5 Biggest Companies in 2025

Silver mining companies are being supported by a silver price bull run in 2025. After climbing through 2025, silver broke its all-time high set in 1980 this October, reaching a new high of US$54.47 per ounce on October 17.The factors driving the metal's rise remain, most notably tightening... Keep Reading...

Latest Press Releases

Related News