Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) CEO Mike Stark talked with Proactive about the company’s latest core drilling results from its Philadelphia project, reporting what Stark called “our best hole ever.”
The drill hole, designated 156, intersected 9 grams of gold per tonne over 20 metres, confirming the company’s working model based on historic Oatman geology.
Stark said this latest result strongly supports the theory that “this is getting better at depth.”
He explained the significance of separating gold and silver grades, noting, “It's a byproduct, but it's also a very generous add to the overall project.”
Stark also emphasized the importance of the Perry vein system, where the company is seeing continuous mineralization down to over 1,045 feet, and the expansion to 38 metres of mineralized zone from a previous 22 metres.
“We've gone from 22m to 38m. That is an incredible, incredible expansion down there,” said Stark.
Drilling is now progressing with holes 157, 158 and 159, aiming to test along strike and further expand the mineralized zone.
A permit expected in January will allow for exploration under a broader 200-acre disturbance area, enabling deeper drilling beneath Red Hill.
Stark said the company is optimistic, with its geologist suggesting further potential at depth, potentially another 1,000 feet of mineralization.