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Initiates UAV-based Airborne Magnetic Survey at the Philadelphia High-Grade Gold-Silver Vein in Mohave County, Arizona
(via TheNewswire) Vancouver, British Columbia - TheNewswire - Dec. 04, 20...
About this update from Arizona Gold & Silver Inc.
[{"type":"text","content":"Initiates UAV-based Airborne Magnetic Survey at the Philadelphia High-Grade Gold-Silver Vein in Mohave County, Arizona(via TheNewswire)\n \n \nVancouver, British Columbia - TheNewswire - Dec. 04, 2019 - Arizona Silver Exploration Inc. (the \"Company\" or \"Arizona Silver\") (TSXV:AZS) (OTC:AZASF) is pleased to announce that it has initiated a UAV (drone) based airborne magnetic survey over portions of our 100% owned Philadelphia project. The objective of the UAV-based magnetic survey is to map the alteration peripheral to the high-grade vein commonly associated with the upper levels of an epithermal precious metal system.\n\n\n \n Philadelphia is a high-grade gold and silver vein target located in Mohave County, northwestern Arizona. Core drilling at the property in October 2019 intersected high grade in hole PC19-2T (Press Release dated November 13, 2019) as a continuation of the high-grade vein intercept in RC hole PRC19-2 completed in May (Press Release dated May 15, 2019). The high-grade zone is associated with strong silicification and clay alteration and magnetite-destruction peripheral to the vein. \n\n\n \nInitial Geophysical Results\n\n\n \nPhiladelphia Mine Area\n\n\n \nThe initial flight block was flow over the old mine workings and the 2019 drill sites. Results to date show a prominent magnetic low extending from roughly the location of the old mine workings, through the area of drilling completed to date, and increasing in intensity northward towards the state highway, where the flight block ends. The interpretation is that the magnetic low is reflecting an increase in alteration of the host rocks towards the north, and at depth, where we anticipate boiling to have occurred and where we would expect to encounter continuity of the grades intersected in the holes reported above.\n\n\n \nSouthern End of the Claim Block\n\n\n \nA grid was flown over the southern end of the Philadelphia claim block to evaluate the magnetic signature of the southern extension of the vein and its surrounding rocks to that in the north where we have good sub-surface control on the gold-silver system. The flight block over the southern portion of the claim block shows a strong magnetic low associated with the outcrop pattern of the vein and extending into the footwall granite and hanging wall volcanics in a manner similar to that which we se...