Business
Arizona Silver Confirms Down-Dip Extension of High-Grade Veins. New Vein Identified at Philadelphia Project, Mohave County, Arizona
(TheNewswire) Vancouver, British Columbia – TheNewswire - May 16, 2023  ...
About this update from Arizona Gold & Silver Inc.
[{"type":"text","content":"Arizona Silver Confirms Down-Dip Extension of High-Grade Veins. New Vein Identified at Philadelphia Project, Mohave County, Arizona\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia –\n \n \n TheNewswire -\n \n \n May 16, 2023 –\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 deep core hole to test the\ndown-dip continuity of high-grade gold-silver mineralization at the\nPhiladelphia gold-silver project, Mohave County, Arizona. This release\nis a geological description of the drill hole only as assays have not\nyet been received.\n \n \n \n \n HIGHLIGHTS\n \n \n :\n \n \n \n \n \n \n Hole PC23-111 has been completed to a depth of 319.5\nmetres.\n \n \n \n \n \n \n Results have confirmed the down-dip extensions of both\nthe Hangingwall (HW) and Footwall (FW) vein systems.\n \n \n \n \n \n \n A third new vein, called the Upper Vein, was\nintersected.\n \n \n \n \n \n \n Mr. Greg Hahn. VP-Exploration comments, “We are\npleased that we continue to hit the dominant veins in the system as we\ndrill deeper, and the thickness of the FW vein has not only increased\nbut the character of the vein appears to be improving with the loss of\ncalcite and the increase in silica.  The discovery of a new upper\nvein is also exciting, as it portends the potential for additional\nveins as we get deeper into the system.”\n \n \n \n \n DRILLING RESULTS\n \n \n \n \n Drill hole PC23-111 was drilled from the same drill pad\nas previous hole PC22-91, which was terminated in calcite-cemented\nquartz vein breccia containing + 2 grams per tonne (gpt) gold.  Hole\nPC23-111 was designed to test the known HW (hangingwall) and FW\n(footwall) veins 30-40 metres below the intercepts in hole\nPC22-91.\n \n \n \n \n Hole PC23-111 intersected the HW from 230.59-231.59\nmetres depth and the FW vein was intersected at 275.15-285.12 metres\ndepth down hole. In addition, a new vein was intersected from\n187.26-190.95 metres.\n \n \n \n \n The new Upper Vein is composed of calcite cemented\nquartz breccia, with a dominant calcite matrix. This is very typical\nof many vein int...