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Arizona Silver Stakes Three Placer Claims at Philadelphia Gold Silver Property in Mohave County, Arizona
(TheNewswire) Vancouver, British Columbia - TheNewswire - May 18, 2021 ...
About this update from Arizona Gold & Silver Inc.
[{"type":"text","content":"Arizona Silver Stakes Three Placer Claims at Philadelphia Gold Silver Property in Mohave County, Arizona\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n Vancouver, British Columbia -\n \n TheNewswire\n \n - May\n18, 2021 –\n \n \n Arizona\nSilver Exploration Inc.\n \n \n \n \n (TSXV:\n \n \n \n \n \n AZS\n \n \n \n \n \n ) (OTCQB:AZASF)\n \n \n is pleased to announce that it\nhas staked three placer mining claims at the Company's Philadelphia\ngold-silver project located in Mohave County, Arizona. The three\nplacer claims cover 4500 feet of a dry stream bed that drains\napproximately 6000 feet of strike on the exposed Philadelphia Arabian\ngold-silver vein system.  Historic maps dating from the 1920s refer\nto “rich float” in the alluvium draining the vein system.  The\nclaims cover the potential that a significant portion of the vein\nsystem has been eroded away, which may have occurred over the past 4\nmillion years when the region first experienced uplift and erosion.\n If the vein has been significantly eroded over time virtually all\nthe eroded material was washed down this single drainage, which would\nhave acted as a sluice for entrapment of any contained gold.  Bedrock\nbeneath the drainage is composed of granite and volcanic unist which\nhave a fabric that crosses the drainage at a high-angle, and which\nwould act as natural riffles to entrap any gold transported in the\ndrainage.\n \n \n Arizona Silver’s Vice President – Exploration, Greg Hahn,\ncommented, \"We have staked these claims to cover the possibility\nthat there may be significant placer gold trapped in the drainage due\nto erosion of the vein, which is currently exposed across the entire\n6000 feet of strike length that this drainage captures.  We are\ncurrently considering how best to evaluate the placer gold potential\non these claims.”\n \n \n Results from the last round of core drilling on the Philadelphia vein\nand the vein exposed on the Perry claim remain outstanding, and we\nexpect those results shortly.\n \n \n \n \n Qualified\nPerson\n \n \n \n \n Gregory Hahn, VP-Exploration and a Certified Professional Geologist\n(#7122) is a Qualified Person under National Instrument 43-101\n(\"NI 43-101\") and has reviewed and approved the technical\ninformation contained in this news release....