Junior Resource Investing: The Last Vancouver Interview: Arizona Gold & Silver is Headed Deeper
My final Vancouver update. AZS.V took a hit in the market after it hit a fault while drilling, but there’s still an exciting discovery story unfolding here – once those pesky BLM permits are in hand.
Mar 12, 2026
AZS’s ticker has tumbled a bit after hitting a fault unexpectedly in their ongoing drill campaign at their Philadelphia project. However, this is not the dramatic issue the chart might suggest it is – for one thing, this sort of “piano key” fault staggering is normal, expected, and there are reasonable hopes to pick back up the mineralisation on the other side at a later date.
And, more importantly, the true prize remains getting into the boiling zone more properly at depth. And on that front, the long-anticipated BLM permits needed to step back enough to get down there properly are hopefully only a short-term inconvenience at this point. Assuming the BLM permits are a matter of “when” and not “if” this is likely a good entry point for patient investors looking for some discovery play risk-reward torque.
I also use some site footage from Philadelphia to help walk through AZS’s drilling.
Look for me to get Mike and VPEX Lex Lambeck potentially on to talk through their evolving understanding of Philadelphia soon.
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