Alert “Arizona Gold & Silver reveals plans for upcoming drilling at Philadelphia project” – Proactive

Sep 26, 2023

Arizona Gold and Silver Inc (TSX-V:AZS) gave investors a peek into preparations for its upcoming drill program at its Philadelphia project in Mohave County, Arizona.

Drilling will focus on filling gaps within the 1.5 km mineralized zone on the property, with the initial 30 drill holes targeting a 450-meter gap on the Resaca patented claim.

Utilizing a reverse circulation (RC) drill, the plan is to test the mineralized zone down to a depth of 150 meters, extendable to 250 meters, guided by a 3-D model, the company said in a statement. Following this, drilling will shift to the Rising Fawn portion of the mineral system, making use of existing access.

Arizona Gold & Silver has also applied for approval from the Bureau of Land Management (BLM) to drill up to 40 holes on the eastern side of the mineralized trend. The approval, anticipated within the next 45 days, is crucial for accessing high-priority CSAMT anomalies beneath the Red Hills target.

Once BLM approval is received, Arizona Gold & Silver said it will mobilize a core rig to BLM Pad 1 to test the continuity of thick gold intercepts of 106.7 metres (m) of 1.53 grams per tonne (g/t) gold, 7.55 g/t silver, and 115.85m of 1.34 g/t gold and 5.78 g/t silver respectively.

The company also said a recent core hole, PC23-112, aimed to test a CSAMT anomaly beneath Red Hill, deviated from the intended path. Despite encountering altered upper volcanics and fault zones, the hole missed the target. The company decided to await the BLM permit before redrilling, as the new drill pads offer improved positions for drilling both the CSAMT anomaly and the Red Hills targets.

Vancouver-based Arizona Gold & Silver is an exploration company focused on exploring gold-silver properties in western Arizona and Nevada.

https://arizonasilverexploration.com/