Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) CEO Mike Stark spoke with Proactive following a fresh set of encouraging drill results from the Perry claim, saying the latest holes continue to “deliver exactly what we’re hoping for” as the company steps out along strike and at depth.
The newest intercept, hole 157, returned what Stark described as “a great, great hit again,” doubling the width of the mineralised interval seen in hole 156. He credited increased rock shattering for allowing gold to penetrate more broadly through the system.
The company has now logged six consecutive down-dip successes to roughly 1,200 feet, advancing in 60-metre increments. While hole 157 carries slightly lower grade than its predecessor, Stark emphasized that its width—now 78 metres—marks a substantial expansion of the target zone.
“It’s double the width of 156,” he noted, adding that freshly completed hole 158 appears to show similar traits. High-grade intervals remain present, with assays reaching up to 13 g/t gold in both the hanging wall and footwall.
Stark said the geological model is firming up quickly, with the new data pointing to a system he calls “extremely robust.” Structural indicators suggest significant historical forces at play, and the unexpectedly large widths are beginning to draw comparisons to broader Nevada-style deposits rather than the typically narrower veins associated with the Oatman district. Drilling is continuing, with hole 159 already in progress.
On the corporate front, Stark highlighted a stronger treasury position, noting that all in-the-money options have been exercised without creating selling pressure.