Alert “Arizona Gold and Silver reports high-grade expansion potential on Perry claim at Philadelphia ” – Proactive

May 7, 2026

Arizona Gold and Silver CEO Mike Stark joined Steve Darling from Proactive to outline encouraging new assay results from the company’s ongoing diamond drilling campaign at its Philadelphia Project, highlighting continued expansion potential within the high-grade Perry Zone.

The latest results come from four completed drill holes totaling 1,105 metres. Three of the holes—PC26-162, PC26-163, and PC26-164—were designed to test the up-dip extensions of the Perry Zone, while a fourth hole, PC26-161, targeted a deeper lateral position to better understand the geometry and continuity of mineralization at depth.

Stark explained that the recent drilling is focused on what the company refers to as the “Perry Zone Upwelling,” a key geological feature where hydrothermal fluids were concentrated and boiling occurred. This process is widely recognized as a critical driver for high-grade gold and silver deposition, and is believed to be responsible for the strong grades encountered to date. The upwelling is associated with a structural dilation zone—one of several identified across the property—providing pathways for mineralizing fluids.

He added that vein textures and mineralization styles observed in the drill core confirm that the company is operating near the top of the boiling zone along a three-kilometre strike length of the Arabian Fault, a structural corridor controlling mineralization at the project. This geological setting continues to support the potential for additional high-grade discoveries along strike and at depth.

The company’s primary objective remains to expand the Perry Zone both laterally—north to south—and down dip, while simultaneously advancing exploration across the broader Philadelphia property. Ongoing fieldwork is also identifying new high-priority targets, including the Eastern and Northeastern Anomalies, which could further enhance the project’s scale.

Stark also noted that progress on securing a Bureau of Land Management (BLM) drill permit remains on schedule. Approval of this permit will enable the company to test the down-dip extension of the Perry Zone and begin drilling at the Red Hills area, where early indications point to potential bulk-tonnage mineralization.
In addition to the completed holes, three more drill holes are currently at the laboratory awaiting assay results. Drilling continues to follow the Perry Zone, with structural analysis helping to refine new upwelling and dilation targets along the Arabian Fault that may host additional high-grade mineralization.

https://arizonagoldsilver.com/