Business
Arizona Silver Exploration Provides Update
(via TheNewswire) Vancouver, British Columbia - TheNewswire - May ...
About this update from Arizona Gold & Silver Inc.
[{"type":"text","content":"Arizona Silver Exploration Provides Update(via TheNewswire)\n \n \n \n\nVancouver, British Columbia - TheNewswire - May 13, 2020 - Arizona Silver Exploration Inc. (TSXV:AZS) (OTC:AZASF) wishes to provide updates on the current lab operations, the Phase II drill program, and the staking of additional land on our 100% owned Philadelphia property.\n\n \n\nDrilling\n\n \n\nManagement has decided to test below the old mine workings of Philadelphia's shaft #2 in order to ascertain whether gold and silver continues below the four-hundred-foot level, which is the point where mining ceased previously. We have also staked two additional mining claims to the east of recent drilling to cover possible extensions of the veins in that direction.\n\n \n\nOnce this hole, or these holes are completed, we will mobilize the rig and drill our 100% owned Ramsey property, an historic silver producer. The program will test the high-grade zone of the Creosote Vein and surrounding low- grade silver mineralization (click here to view Apr 9 2018 news release), as well as further testing the continuity of mineralization below a pronounced Pb-Zn-Ba-Ag soil geochemical anomaly associated with altered and brecciated rhyolite host rocks.\n\n \n\nPlease refer to our website for information on prior drilling and the size of the target at the Ramsey property.\n\n \n\nLab Update\n\n \n\nDue to the extra testing we have requested (metallic screen analyses), and the global slow down due to Covid-19, results have taken far longer than expected. But with safety concerns for lab personnel addressed, testing has continued uninterrupted. In order to continue to collect information and evaluate opportunity, and to take advantage of drill rig and crew availability, we are anxious to be begin drilling again at both the Philadelphia and Ramsey properties.\n\n \n\nOur treasury remains healthy in these trying times, as a result of careful spending and low overhead. We look forward to sharing results once they are provided.\n\n \n\nGreg Hahn, VP Exploration, and a Certified Professional Geologist (#7122) is the Qualified Person under NI43- 101 responsible for reviewing the data contained in this press release.\n\n \n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX) have approved this release.\n\n \n\nOn b...