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Arizona Gold & Silver: Philadelphia Drilling Expands Structural Understanding of the Perry Gold System; Upwelling Zone Remains Open at Depth, Drilling Continues
(TheNewswire) Vancouver, British Columbia, February 25, 2026 - TheNewswire ...

About this update from Arizona Gold & Silver Inc.
[{"type":"text","content":"Arizona Gold & Silver: Philadelphia Drilling Expands Structural Understanding of the Perry Gold System; Upwelling Zone Remains Open at Depth, Drilling Continues\n(TheNewswire)\n\n\n\n\n\nVancouver, British Columbia, February\n25, 2026 - TheNewswire\n– Arizona Gold &\nSilver Inc. (“Arizona”\nor the “Company”) (TSXV: AZS)\n(OTCQB: AZASF) announces it has received assays\nfrom the latest core holes, PC25-159 and PC26-160 on the Philadelphia\nproject in Arizona.\n\n\nThe two holes were drilled on the northern and southern\nlimits of the Perry zone.  Both holes intersected low gold grades in\npreviously unrecognized east-west faults. These faults vertically\noffset the mineralization within the host Arabian Fault structure.\n Drilling is continuing with the rig currently testing the shallower\nportion of the Perry zone, up-dip of hole PC25-156.\n\n\nDrill Highlights\n\n\nHole PC25-159\n\n\n28.41 metres (“m”) at 0.68 g/t gold and 6.04 g/t\nsilver from 318.61m downhole\nincluding:\n\n\n\n\n3.96m at 1.66 g/t gold and 7.6 g/t silver from 318.61m\ndownhole \n\n\n\n1.40m at 2.99 g/t gold and 8.2 g/t silver from 327.42 m\ndownhole \n\n\n\n2.34m at 1.74 g/t gold and 12.85 g/t silver from 344.88\ndownhole \n\n\n\n\nHole PC25-160\n\n\n66.39m at 0.293 g/t gold and 1.364 g/t silver from\n327.66m downhole\n\n\nincluding:\n\n\n\n\n1.07m at 1.46 g/t gold and 1.2 g/t silver from 327.66 m\ndownhole\n \n\n\n\n1.34m at 1.87 g/t gold and 9.8 g/t silver from 367.25 m\ndownhole \n\n\n\n\nTrue thickness is estimated at approximately 60% of\ndrilled thickness.\n\n\nThe Perry zone is now defined as approximately 165m in\nstrike length, truncated by sub east-west structural complexities.\n Such structures appear to crosscut the Arabian fault that is the\nhost structure for all the known mineralization at Philadelphia.  It\nnow appears that PC25-159 was drilled structurally above the\nmineralizing system. The depth to the “pay zone” is as yet\nundetermined. \n\n\nA similarly down-dropped block is proposed to the south\nin hole PC26-160.  That hole is again interpreted to have been\ndrilled above that part of the mineralizing system.\n\n\nLex Lambeck, Senior Vice-President Exploration\ncomments, “We did not\nexpect to dril...