Arizona Solver – Wall Street Analyzer newsletter 9/17
Arizona Silver (TSXV: AZS) (OTCQB: AZASF) has been one of the most active newsmakers this year in the commodities sector. They have been putting out consistent drill results and have taken time to update investors on their progress. Check out their recent activity below and be on the lookout for an updated interview with CEO Mike Stark over the next couple weeks.
9/11 ProActive Video Interview: Arizona Silver Exploration plays hunch giving them new insight to Philadelphia project
Arizona Silver Exploration President and CEO Mike Stark joined Steve Darling from Proactive with news the company has shared the latest results from work on the Philadelphia project. Stark also told Proactive how their top geologist also played a hunch and now has new insight on where they plan on exploring.
9/2 Press release: Announces a New High-Grade Gold-Silver Intercept at Philadelphia Gold Silver Property in Arizona
The first core hole of 2020 returns high grade gold-silver intercept in the target vein, as follows:
- 23.35 grams/tonne (gpt) Au, 82.3 gpt Ag & 340 ppm of Beryllium over 1.5 metres, within a thicker interval of 18.45 metres containing 3.81 gpt Au and 49.21 gpt Ag & 113 ppm of Beryllium, beginning at a depth of 5.18 metres immediately below alluvium.
- Similar looking vein intercepts in three other core holes completed to date that have been delivered to the lab and are in progress.
- Core drilling continues for an additional 4 holes min.
9/19 Press Release: Arizona Silver announces Carlin-Type Gold-Silver Exploration Project Acquisition – Silverton, Nevada
AZS announced the acquisition of an 100% ownership of a Carlin-type gold exploration property located in Nye County, Nevada. The property is near the old Silverton Mine property located about 100 kilometres northeast of Tonopah, Nevada, immediately north of US Highway 6, and consists of 77 unpatented lode mining claims totaling approximately 1540 acres.
Mike Stark, President and CEO of Arizona Silver stated, “The Silverton property represents an excellent opportunity for Arizona Silver to expand and increase shareholder value, with a large property containing demonstrated, extensive gold distribution and a number of drill holes that can help guide further exploration. We welcome Silverton to our already strong portfolio of properties with fantastic opportunities and sizable material resources.”
8/12 Press Release: Arizona Silver Exploration Moves Core Rig to the Philadelphia Project, Arizona
The current drilling program will consist of up to four core holes that will test continuity of the high-grade gold and silver zone on the west side of the Philadelphia vein system encountered in RC and core drilling previously and announced on November 13, 2019.
7/29 Press Release: Provides Results on Metallurgical Tests ranging from 94.40% to 99.50% recovery from Philadelphia Project.
The Company submitted eight bulk samples from the recently completed reverse circulation drilling program to evaluate the potential for recovery of coarse gold by gravity separation and the amenability of gold not recovered by gravity methods to cyanidation. The results demonstrate that +27% to 65.5% of the gold in the drill cuttings is coarse and is recoverable by gravity methods, confirming the observations of visible gold in cuttings during drilling. The gravity tails were subject to cyanidation bottle roll tests, which demonstrate that the majority of the gold remaining in the gravity tails is recoverable by cyanidation. Total recoveries by gravity and cyanidation are consistently in the +98% to +99% range.
7/26 Wall Street Analyzer CEO Interview: Arizona Silver Exploration Inc. (TSX-V: AZS) (OTCQB: AZASF)
Mike Stark provided an update to WSA’s audience on an interview he conducted 4 months ago. He talked about progress on the company’s Philadelphia property and discussed AZS’ other properties in Arizona and how they are positioned to capitalize on the current commodities prices.
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, were drilling of 20 holes to date to date has demonstrated a +30 metre-thick zone of silver mineralization surrounding the old high-grade vein that was mined in the 1920s and 1930s. also, the Company has a Plan of Operations submitted to the US Forest Service to drill the initial test holes at the Sycamore Canyon project where surface geology, geochemistry, and geophysics has demonstrated the silver-gold mineral system +600 metres long and up to 100 metres wide that has never been drilled. The latter permitting process is progressing slowly, and the acquisition of the Arabian-Philadelphia property will give the Company an excellent exploration property to explore while the permitting process with the US Forest Service at Sycamore Canyon progresses. The Company is also in the process of submitting a Notice of Intent to perform exploration drilling on its recently acquired Silverton gold-silver property in Nye County, Nevada. Please refer to their web site for all news and updated property information: www.arizonasilverexploration.com
For more information please contact:
Mike Stark, CEO, President
Phone: (604) 833-4278
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: This email blast includes certain forward-looking statements or information. All statements other than statements of historical fact included in this email are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this email include statements in relation to the timing, cost and other aspects of the 2020 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 2020 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 2019 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.
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http://arizonasilverexploration.com/