Arizona Silver has kicked off a drill program at its Philadelphia gold-silver project in Mohave County, Arizona, which is testing the western edge of the recently identified Red Hill CSAMT geophysical anomaly at the property.
“We look forward to testing the down dip extension of the HW Vein below the last drill intercept in hole PC22-91, the interpreted feeder zone to the Red Hill CSAMT anomaly and the western edge of the anomaly itself with two core holes,” Arizona Silver VP-Exploration Greg Hahn said in a statement.
Further, Arizona Silver announced that it has granted incentive stock options to its officers, directors, and certain consultants pursuant to its stock option plan to purchase 1,425,000 shares at a price of $0.47 per share for a period of five years.
The company said it was pleased to offer these options to its team “who have shown diligence and excellence in their respective roles.”
Arizona Silver is engaged in junior mining exploration primarily in the western United States.
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