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.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) said on Monday it has received assays from core hole PC25-157 at its Philadelphia gold-silver project in Arizona, outlining a significantly wider mineralized interval due to gold-bearing zones in multiple host rock types. The company said the new hole, drilled 50 metres north of a high-grade intercept reported in September, returned 6.28 metres grading 7.02 grams per tonne (g/t) gold from 278.18 metres, including 1.52 metres at 13.8 g/t.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) said on Monday that Terry Salman, a veteran of Canada's capital markets and mining industry, has been appointed as an advisor to the company's CEO. Salman, who will join Arizona's advisory board, brings decades of experience in corporate finance, investment banking, and resource-sector leadership.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) CEO Mike Stark talked with Proactive about the latest drill results at the company's Philadelphia project. The company intersected over 34 metres of the Perry vein in its latest drill hole, continuing to demonstrate strong continuity and potential for high-grade mineralization.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) said it has successfully intersected 34.45 metres of material from its Perry Vein in one hole (PC25-157) located 60 metres north of a high-grade gold intercept reported in September. The company said drilling is continuing with the next hole aimed at a further northern extension of the vein.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) CEO Mike Stark talked with Proactive about the latest metallurgical testing at the Philadelphia project and its potential impact on project economics. Stark discussed how switching to high-pressure crushing has significantly improved gold recovery rates from previous testing.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) vice president of exploration Greg Hahn talked with Proactive about new findings of high-grade antimony at the company's Silverton project in Nevada. Hahn said recent sampling returned values of up to almost 8% antimony and highlighted that the metal's price has risen tenfold in a year due to China cutting off supply to the United States.
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.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) CEO Mike Stark talked with Proactive about the company's latest developments at its Silverton Project in Nevada. Stark announced that the company has secured a key drilling permit, which allows for 17 drill pads and up to 27 holes focused on near-surface drilling.
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.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) announced new assay results from its ongoing core drilling program at the Philadelphia Project in Arizona, including the highest-grade and thickest intercept reported at the property to date. The company said hole PC25-156 returned 9.04 grams per ton (g/t) gold and 34 g/t silver over 20.43 meters from 320.73 meters depth.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) has closed an oversubscribed non-brokered private placement, raising approximately C$2 million. The company issued about 6.7 million units at C$0.30 per unit.