Letter from Arizona Silver Chairman

Aug 29, 2017

Arizona Silver Shareholders,

 

I am pleased to share our progress at the Ramsey Project with you. Drilling results to date are encouraging from several viewpoints. We have confirmed we can expand the east and south sides of the Ramsey Mine mineralization with good grades and thickness as we head toward the Creosote Vein located 100 metres east of the historic Ramsey Mine workings. http://arizonasilverexploration.com/2017/04/18.

 

At this point the silver mineral system at the historic Ramsey Mine is open to the South and East, is wider than we anticipated, and appears to be leveling out, not dipping steeply as with the historically mined high grade vein. We are very pleased with results in this area around the historic mine as we have hit on all drill holes (7) ranging from 44 grams to 295 grams, and the system continues to expand.   This target will see more drilling in the fall, after additional modeling, permitting, and roadwork is done.

 

Now, to our Northern target across the fault. Mother Nature isn’t making this easy on us but why would she? She has kept this a secret for millions of years and isn’t going to give it up easily. We have learned through holes 1 to 5 that intense alteration and the beginning of weak silver mineralization is cut off by a fault at depth. After studying this more, and considering the regional structural environment, we believe this northern magnetic anomaly could have slid on a low-angle (detachment) fault off the Western IP anomaly, which lies under alluvial cover. We are currently working on modelling the IP data gathered to enhance the imaging of this target, and it is our intention to drill a hole into this Western IP anomaly in the fall. Modelling of the Western IP anomaly suggests the sulfide deposit that causes it is very large, being at least 500 metres, by 500 metres by 500 metres in dimensions. If this target has the same silver content as the recent drill holes into the old Ramsey Mine area, this could be a very very large silver system.

 

I love this quote and I feel it fits our stock price after our first hole results.

 

“The difference between horse racing and junior mining companies is, in racing if your horse doesn’t win, you tear up your ticket and go home.  In mining investment you still have a share certificate and a management team working to create value for all shareholders.  The problem is some “investors” treat investment in mining like a horse race, and if the first hole is disappointing they tear up their ticket and go home. Thankfully this isn’t the case with Arizona Silver, we have several targets unexplored to date and we continue to learn from our findings as we drill.”

 

I also feel it’s important to add that no one in management has sold a share. I personally, have continued to add to my position as money permits. I, like John Kaiser, believe we are over-sold and under valued at this time.  I’m asked frequently, “Will we see our stock price back up where we were?” With only 28 million shares out, fully diluted, and no warrants at all. All shares as of July 16/2017 are now free trading. Several insiders are still escrowed as well, which represents over 4 million shares of the 28 million outstanding. The structure is very tight and we will endeavor to keep it this way. We continue to learn from our most recent results. I’m just returning from a road trip from Toronto the first of a few trips designed to share our findings after studying the results of our last drill campaign. We are developing a strong share base back east as well as in Vancouver. Our friends in the US are now showing strong interest as well. Because of this increased interest in the US I will be visiting California and Scottsdale Arizona and quite possibly New York in the coming months. We have also finalize plans on targets for the fall drill program. This will be made public shortly in a press release in the near future. I encourage all of you to keep informed by way of our website www.arizonasilverexploration.com. We take great pride in sharing developments, interpreting data, and providing images on the website to keep you informed.

 

We have come a long way in a short time and taken quite a ride as well. Many eyes are watching us because of our location and results. I believe we have the opportunity to significantly expand our silver mineralization to our project. Our treasury remains in good shape and we have sufficient funds to tackle a drill campaign in the fall and beyond. We are also pleased to announce we have changed office locations in Vancouver as a cost saving measure, while maintaining the same quality and efficiency of service expected of Arizona shareholders. The end result of this change allows for savings and more money spent on drilling and that is where we can best improve shareholder value. We have a very dedicated team working for you and we will continue to advance  value as we move our project forward. Thanks for your time and investment in Arizona Silver Exploration.  As always, I’m available for discussion and welcome your calls.

 

 

Mike Stark

Chairman

Arizona Silver

1-604-833-4278

Mike Stark, Chairman
Arizona Silver Exploration Inc. 

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

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