Arizona Silver Exploration Inc. (TSX-V:AZS) has announced assay results from three core holes drilled during the fourth quarter of 2022, PC22-94, PC22-95 and PC22-96, at the Philadelphia gold project in Arizona.
The exploration company said all three drill holes intersected wide intervals of potentially ‘bulk tonnage’ gold grades, that being grades within the parameters of grades currently being mined in the district.
“Recently completed surface mapping and sampling demonstrates continuity at surface of the quartz stockwork system with associated anomalous gold and silver values continuing northward from the locations of these core holes,” Arizona Silver Exploration vice president of exploration Greg Hahn said in a statement.
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“The surface geochemistry is similar to what is evident at surface southward along the vein structure where drilling demonstrated increased thickness and grade with depth,” Hahn added.
Arizona Silver noted the three new holes test part of the Northern Extension of the portion of the mineralized system that was the company’s 2021-2022 priority.
It added that the mineral system remains open down dip and along strike towards undrilled portions of the patented claims leased in 2021, which will be the focus of continued drilling in 2023.
Arizona Silver Exploration is an exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The company’s flagship asset is the Philadelphia gold property in Arizona.
Contact Sean at sean@proactiveinvestors.com