Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) has reported high-grade antimony results from its Silverton gold-antimony project in Nye County, Nevada.
Sampling across stibnite-quartz veins and surrounding rock returned antimony grades up to 7.95% from a 25.4-centimeter-wide vein, with an average of 1.38% across 14 samples, including non-vein material.
The Silverton project, located north of US Highway 6 between Tonopah and Ely, hosts both a Carlin-type gold system and high-grade antimony-gold-silver veins exposed at surface.
The company is emphasizing the antimony potential given its status as a “critical metal” currently trading at about US$57.50 per pound.
Historical data from over 2,000 rock samples, collected primarily by Newcrest Resources between 2002 and 2004, show more than 25 surface samples exceeding 1% antimony, with anomalous gold and silver present in samples with elevated antimony values.
Sample preparation and analysis for the recent program were conducted by ALS Global Labs in Tucson, Arizona; Vancouver, BC; and Loughrea, Ireland.
Additionally, the company said that it has received approval from the US Bureau of Land Management for a proposed drilling program of 27 reverse circulation holes from 17 drill pads, enabling road and drill pad construction to begin at any time.