Arizona Silver samples 1 m of 15.45 g/t Au at Sycamore

May 10, 2018

2018-05-09 12:11 ET – News Release

Mr. Greg Hahn reports

ARIZONA SILVER SAMPLING DOUBLES TARGET ZONE WIDTH AT SYCAMORE CANYON GOLD-SILVER PROJECT

Arizona Silver Exploration Inc. has released the results of its rock chip sampling on the Sycamore Canyon gold-silver epithermal property located in Graham county, Arizona.

Sampling in and surrounding the target silicified breccias has expanded the gold-silver target at Sycamore Canyon to twice its previous width.

Highlights:

Values up to 15.45 grams per tonne (0.45 ounce per ton) gold and 396 g/t (11.55 ounces per ton) silver, which was collected from a one-metre-wide channel in a prospect pit, from a total of 42 samples collected from within the silicified breccias;
An average value of 0.893 g/t (0.025 ounce per ton) Au and 82 g/t (2.34 ounces per ton) Ag, from these 42 samples;
Highest gold and silver values occur at southern end of the outcrop area, where shallow alluvium covers the extension as it dips beneath cover. Previously released geophysical results suggest the mineralized breccia target continues for at least 200 metres south of the high-grade sample in the last outcrop.

“We are very pleased with current results showing Sycamore Canyon is expanding. The company is pursuing permits for access roads and drill pad locations, and is currently conducting additional sampling on the property. We look forward to very busy times ahead,” stated Mike Stark, chairman.

A total of 73 samples that predate Arizona Silver define the gold-and-silver-bearing breccias with average values of 0.926 g/t (0.027 ounce per ton) Au and 84.34 g/t (2.46 ounces per ton) Ag with values up to 31 g/t (0.90 ounce per ton) Au and 458 g/t (13.36 ounces per ton) Ag. The company now has 115 samples from within the silicified breccia zones with approximately the same average gold and silver content as the original 31 samples reported in the March 28, 2018, press release.

The outline of the gold-and-silver-anomalous samples at the south breccia zone has expanded in places to twice the width, or more than 100 m, in places. Arizona Silver completed channel and rock sampling both within the silicified breccia target area and in silicified granite outside of the silicified breccias as defined by outcrop and previous channel and rock chip sampling. Samples are mostly from channels 0.5 m to five metres in length, but some are grab samples to evaluate specific rock or alteration types. Grab samples are not representative of the mineralization hosted on the property. The company has received results from 98 samples collected across the property. Roughly half of the samples were from within and immediately peripheral to the silicified breccias, and the other half of the samples were from elsewhere on the property. A map showing all sample locations and relative strengths of gold and silver values in the immediate vicinity of the south breccia target has been posted to the company’s website.

Quality assurance/quality control and analytical procedures

All rock samples were transported under strict chain of custody to the ALS Minerals sample preparation facility in Tucson, Ariz. Each sample was crushed to 70 per cent passing two millimetres, a 250-gram split is taken and pulverized to 85 per cent passing 75 microns, subjected to a four-acid digestion, and then analyzed by ICP/MS for a 33-element package including silver, lead, zinc and copper, and for atomic absorption gold analyses. Samples over 100 parts per million silver and over 10,000 ppm lead, zinc or copper are reanalyzed using ICP for higher concentration levels. Samples over 10 ppm Au are reassayed using one-assay-ton fire assay methods.

Greg Hahn, president, chief executive officer and a certified professional geologist (No. 7122), is the qualified person under National Instrument 43-101 responsible for preparing and reviewing the data contained in this press release.

We seek Safe Harbor.

http://arizonasilverexploration.com/news-releases/