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Arizona Gold & Silver

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Arizona Gold & Silver is a publicly traded company engaged in junior mining exploration primarily in the Western United States.

Investor website: https://arizonagoldsilver.com/

About

Arizona Gold & Silver is a publicly traded company engaged in junior mining exploration primarily in the Western United States. It is traded on the TSX-V under the symbol AZS and on the OTCQB in the United States under the symbol AZASF. The company focuses on exploring gold-silver properties, with its flagship asset being the Philadelphia gold-silver property, which is currently under drilling for an epithermal gold-silver system.

Verified company data

Cash position
$1,500,000
Shares outstanding
137024847
Fully diluted shares
180108253
Mineral resource
Sampling throughout the silicified breccia to date demonstrates gold and silver values up to 31 grams per tonne (gpt) Au, or 0.903 ounces per ton (opt) Au, and 458 gpt (13.34 opt) Ag from within the silicified breccia. The average of all 31 rock chip samples taken from the silicified breccia body and the surrounding silicified granite is 1.77 gpt (0.052 opt) Au and 89.5 gpt (2.61 opt) Ag. The silicified breccia is covered by alluvium at the southeastern end of the extent of outcrop where the last samples collected contained between 1.34-3.02 gpt Au and 59.7 -208.4 gpt Ag. It is likely the silicified breccia body continues beneath shallow unconsolidated alluvial cover to the southeast. These results are historical but are backed by certified assay certificates from reputable laboratories that regularly service the exploration and mining industry. Despite these attractive historic assay values, the silicified breccia has yet to be tested with a drill hole.
Projects
["Arizona Silver Exploration Inc. Commences Core Drilling On Ramsey Silver Project, La Paz County, Arizona\n\nVancouver, BC, November 28, 2016 – Arizona Silver Exploration Inc. (TSX-V: AZS)(the “Company“) is pleased to announce that it has commenced core drilling on the Ramsey Mine silver project located in La Paz County, Arizona, approximately two hours west of Phoenix. Permits to drill five exploration drill holes on patented claims have been obtained from the Arizona Department of Water Resources\n\nA total of 2,000 feet of core in two fences of holes is planned in this Phase 1 drilling program. One fence of holes will test the southern end of the old Ramsey Mine workings which mined a high grade silver vein (with lead and zinc credits) from the surface down to the 529 foot level, and the other fence of holes will test the northern end of the old Ramsey mine stoped out area. Historic channel samples taken at both ends of the stoped out areas on six levels (35 to 299 levels) indicate the continuation of good values of silver in veins and adjacent brecciated wall rock, averaging 925 gpt (27 opt) Ag, being below the reported cut-off grade in the 1960s(which was approximately 1000 gpt (30 opt) Ag), and which appears to be the reason stoping was discontinued. Long hole drilling from underground in the late 1960s identified a wide low-grade halo surrounding the high-grade vein that averaged 120 gpt (3.5 opt) Ag in a zone with an overall true width of 20-40 metres wide, not including the high-grade vein. Drilling from surface is intended to test the entire width of the low-grade envelope surrounding the high-grade vein.\n\nDrilling will simultaneously test the ground magnetic anomaly that is coincident with the mineralization exposed in the old Ramsey Mine workings, in order to understand the source of the magnetic anomaly and to be able to better interpret the much larger (500 meter diameter) ground magnetic anomaly to the north. This northern anomaly appears to be the faulted extension of the anomaly that is coincident with the Ramsey Mine area. It is located across an inferred fault and beneath an estimated 30-60 meters of alluvial cover, based upon data from water wells located approximately two miles to the north of the property. Down hole geophysical logging is planned to quantify the physical properties of the mineralized zone in order to be able to design and interpret further geophysical surveys over the larger undrilled ground magnetic anomaly to the north.\n\nGreg Hahn, President and COO and a Certified Professional Geologist (#7122) is the Qualified Person under NI43-101 responsible for preparing and reviewing the data contained in this press release.\n\nON BEHALF OF THE BOARD ARIZONA SILVER EXPLORATION INC.\n\nSIGNED: “Greg Hahn“\n\nGreg Hahn, President and Chief Executive Officer Contact: Mike Stark, Director (604) 336-8619\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the TSX Venture Exchange has in no way passed upon the merits of the transactions herein.\n\nCAUTION CONCERNING FORWARD-LOOKING STATEMENTS\n\nThis news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects of the planned 2016 program on the Ramsey property; the potential for development of the mineral resources; the potential mineralization and geological merits of the Ramsey property; 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 2016 drilling program(s) on the Ramsey property, 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 Ramsey property 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 2016 programs will 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.","Arizona Silver Exploration Inc. Commences Exploration Drilling At Ramsey Silver Project, La Paz County, Arizona\n\nVancouver, BC, May 8, 2017 – Arizona Silver Exploration Inc. (the “Company“)(TSX-V: AZS) is pleased to announce that it has commenced drilling at the Ramsey Silver Project, La Paz County, Arizona.\n\nH1 2017 Exploration Program\n\nThe Company has commenced drilling at the Ramsey Silver Project, having permitted and contracted for 2,000 meters of reverse circulation (“RC”) drilling in a total ten holes for the upcoming drilling program. Eight holes in two fans of four holes each located 150 metres apart are planned to test the large coincident magnetic, VLF-EM, and IP anomaly that lies beneath alluvial cover on unpatented mining claims immediately to the north of the old Ramsey Mine workings. The northern end of the Ramsey Mine workings terminated in a fault zone, and the large coincident geophysical anomalies are interpreted to be the offset main body of the Ramsey Mine mineral system. In addition, two holes will test the southern end of the old workings, where underground assay data and core drilling completed in late 2016 indicated the silver mineral system continues down-dip and to the south of the old workings.\n\nThe drilling program is expected to take most of the month of May to complete, with assay results expected in June. Drill samples will be picked up on site by ALS Minerals personnel under strict chain of custody and transported to the ALS Minerals sample preparation facility in Tucson, Arizona, where they will be dried, crushed, split and pulverized and from whence a representative sample split of pulps will be sent to the ALS Minerals analytical facility in Vancouver, B.C. for 33 element ICP analyses.\n\nSuccessful drilling results will be followed by any necessary permit amendments and continued drilling.\n\nGreg Hahn, President and CEO and a Certified Professional Geologist (#7122) is the Qualified Person under NI43-101 responsible for preparing and reviewing the technical data contained in this press release.\n\nPlease visit the Company’s website to view new images & IP response at www.arizonasilverexploration.com and join our contact list for information and direct mailing of press releases.\n\nON BEHALF OF THE BOARD ARIZONA SILVER EXPLORATION INC.\n\nSIGNED: “Greg Hahn”\n\nGreg Hahn, President and Chief Executive Officer Contact: Mike Stark, non-executive Chair and Director\n\nPhone: (604) 833-4278\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the TSX Venture Exchange has in no way passed upon the merits of the transactions herein.\n\nCAUTION CONCERNING FORWARD-LOOKING STATEMENTS\n\nThis news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects of the 2017 program on the Ramsey property; the potential for development of the mineral resources; the potential mineralization and geological merits of the Ramsey property; 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 2017 geophysical and drilling program(s) on the Ramsey property, 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 Ramsey property 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 2017 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.","Arizona Silver Exploration Provides Update on the 2020 Drilling Program at the Philadelphia High-Grade Gold-Silver Vein Property, Mohave County, Arizona\n\nVancouver, British Columbia / March 20, 2020 – Arizona Silver Exploration Inc. (the “Company” or “Arizona Silver”) (TSX-V: AZS) (OTCQB: AZASF) is pleased to provide an update on the 2020 drill program currently underway at the 100% owned Philadelphia high-grade gold-silver vein property.\n\nArizona Silver Exploration decided to share some good news in light of the current global situation. Drilling has been unhampered by the virus and continues to move forward in a timely manner.\n\nArizona Silver has completed 8 of the 11 RC holes previously permitted on our 100% owned Philadelphia property, as outlined in the press release March 9th, and drilling is ongoing. We are encouraged with our findings as we move along strike of the high-grade vein system. We are currently drilling over 1000 feet away from the initial holes drilled. We continue to see visible coarse gold in the cuttings from most of the drill holes completed to date, and some at greater depths than prior holes. We have increased sample size at the drill rig and initiated a 1 kilogram metallic screen assaying protocol on all drill samples which contained visible gold, and all immediately adjacent drill intervals. We have also submitted and Request for Proposal to two metallurgical laboratories to complete gravity concentration followed by bottle roll cyanidation test and tail assays to determine total gold content in representative splits from samples containing visible gold. Visible gold particles are up to 1.25 mm in size present challenges in standard fire assay laboratories sampling protocols. As mentioned in the Feb 18th news release, the program continues to be in compliance with current health and safety regulations.\n\nArizona Silver Exploration will continue to update shareholders as information becomes available. The Company is very fortunate to have a healthy treasury in order to continue exploration and advance the Philadelphia project.\n\nGreg Hahn, VP Exploration, and a Certified Professional Geologist (#7122) is the Qualified Person under NI43-101 responsible for preparing and reviewing the data contained in this press release.\n\nPlease refer to our web site for additional and complete news and updated images on Philadelphia property. www.arizonasilverexploration.com\n\nWe personally hope each and every one of you and your families remain healthy and unaffected by this virus. Look for updates to our website, and I welcome phone calls, as always, at the number listed below.\n\nPlease take care,\n\nOn behalf of the Board of Directors\n\nARIZONA SILVER EXPLORATION INC.\n\nMike Stark, President and CEO\n\nPhone: (604) 833-4278\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."]
Leadership
Dong H. Shim (CFO, Member of the Chartered Professional Accountants of British Columbia and a Certified Public Accountant in Illinois. He has extensive experience as an audit partner focusing on junior mining and other industries.), Mike Stark (Chairman and Director), David Vincent (Director, Background in consulting and investment banking with experience in international business development and project management. He is a professional engineer and commercial pilot with advanced qualifications.), Scott Hean (Director, Over 40 years of experience in junior mining exploration finance and international banking. He has served as CFO for various junior mining companies and has extensive knowledge in the mining and finance sectors.)

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