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Arizona Silver Completes First Two Core Holes at the Philadelphia Gold Project, Arizona

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articleArizona Gold & Silver Inc.February 15, 20224/company/arizona-gold-and-silver/news/arizona-silver-completes-first-two-core-holes-at-the-philadelphia-gold-project-arizona
Arizona Silver Completes First Two Core Holes at the Philadelphia Gold Project, Arizona

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[{"type":"text","content":"Arizona Silver Completes First Two Core Holes at the Philadelphia Gold Project, Arizona\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, British Columbia –\n \n \n TheNewswire -\n \n \n February 15, 2022 –\n \n \n \n Arizona Silver Exploration\nInc.\n \n \n \n \n (TSXV:\n \n \n \n \n \n AZS\n \n \n \n \n \n )\n \n \n \n \n \n (\n \n \n OTC:AZASF\n \n \n )\n \n \n is pleased to\nannounce that it has completed the first two core holes at the\nPhiladelphia project, Mohave County, Arizona.  Drilling commenced on\nJanuary 28, 2022. The first hole is in the laboratory with the second\nhole to be submitted Friday.\n \n \n \n \n Greg Hahn, VP-Exploration states, “From a visual\nperspective the new drilling is proceeding as anticipated. Intercepts\nare close to modelled depths and quartz vein breccia thicknesses\nremain strong.  The presence of visible gold in core in the hanging\nwall vein is encouraging but must be regarded with caution as to\ngrade. That said, the model of the gold system in the “boiling\nzone” is holding up and as such I expect the zone will continue\ndeeper.”\n \n \n \n \n Current drilling is at the north end of the Perry\npatented claim testing down dip of three previously drilled reverse\ncirculation drill holes, PRC21-81 thru PRC21-83. The objective of the\ndrilling is twofold: firstly, to determine the grade continuity down\ndip of previous mineralization, and secondly to recover drill core to\ncompare with RC cuttings.\n \n \n \n \n Earlier holes, PRC21-81 thru PRC21-83 reported two vein\nbreccias separated by a diagnostic rhyolite dike that hosts quartz\nstockwork veining.  The upper (hanging wall) quartz vein breccia is\nhigher grade than the lower (footwall) calcite-cemented vein breccia.\nThe thickness and grade of the entire mineralized package was\nincreasing with depth.  The upper vein breccia was up to 3 metres\nthick at 16.9 grams per tonne (“gpt”) gold and 51.15 gpt silver.\nStockwork mineralization up to 33.5 metres drill thickness was\nintersected in the mineralized rhyolite dike between the upper and\nlower vein breccias. The lower vein was characterized by black\ncarbonate-cemented quartz vein and rhyolite fragments.\n \n \n \n \n Current holes PC22-86 and PC22-87 intersected upper and\nlower vein breccia interce...

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