Arizona Gold & Silver Inc. · TSXV:AZS
Arizona Gold & Silver — Investor Presentation (May 2024)
32 slides from Arizona Gold & Silver's investor presentation, May 15, 2024
Slide 1: Arizona Gold & Silver Inc.
Arizona Gold & Silver Inc. TSX.V: AZS AZASF -OTCQB May 2024 Exploring For Multi-Million Ounce Deposits in Arizona and Nevada 1
Slide 2: Project Locations
Project Locations “Elephant Country” Flagship Property Silver+Gold 2
Slide 3: Philadelphia Property Highlights
Philadelphia Property Highlights • Strike length of system at least 3 kms: 1.5 kms drilled to date • Gold related to regional scale Arabian Fault and adjacent flow dome • 100% controlled, historic high-grade producer • AZS drilling has intersected high grade veins and thick stockwork gold in 111 hol
Slide 4: Philadelphia Property History
Philadelphia Property History • Originally discovered in 1890s • Mined through early 1930s • ~40,000 ounces of gold from ~80,000 tons • Cut-off grade was $8.00/ton (0.4 opt Au) • Ore trucked to Katherine Mill (about 8 miles away) • State Highway came through in 1934 and condemned further mining • Li
Slide 5: Oatman Gold Mining District
Oatman Gold Mining District Philadelphia Property Moss Mine (operating open pit) o • 32.5Million tons at 0.013 opt gold (Total resources) Gold Road Mine (C&M) • 1.5 Million tons at 0.342 opt gold o • 517,522 ounces - historic • 0.978 Million tons at 0.22 opt gold • (current total resources) Oatman M
Slide 6: Quote from Greg Hahn, VP Exploration
“The Philadelphia Property is one of the few gold systems remaining in the Western USA that has never been evaluated using modern exploration concepts. Our recent discoveries using the model of “Boiling Zones” resulted in an immediate discovery. Discovering the bulk tonnage target explains why we se
Slide 7: Importance of the Boiling Zone in the Oatman District Mines
Importance of the Boiling Zone in the Oatman District Mines “The upper section of the vein assayed less than 1 gpt over narrow widths. The boiling zone was discovered at a depth of approx. 65 metres with grades +1 oz/ton and width to 10 metres.” 7
Slide 8: Philadelphia Targets and the Boiling Zone Model
Philadelphia Targets and the Boiling Zone Model 8
Slide 9: Bulk Tonnage Model Boiling Zone Beneath Rhyolite Flow Dome
Bulk Tonnage Model Boiling Zone Beneath Rhyolite Flow Dome Interpreted location of drill holes to date Schematic flow dome complex DHs Current topography Bulk tonnage target below boiling zone Philadelphia Vein 9
Slide 10: Philadelphia Targets for Drilling
Philadelphia Targets for Drilling 1. High Grade Vein System 2. Bulk Tonnage Stockwork Zone 3. Undrilled Southern Extension to Vein System 10
Slide 11: Vein and Bulk Target Locations
Vein and Bulk Target Locations Original Claim outline (expanded December 2021) Gold-silver vein in outcrop (red) Patented claims Bulk tonnage target in altered flow dome rhyolite Untested veins at surface Productive boiling zone at depth 1 kilometer 11
Slide 12: Philadelphia Project Gold Intercepts in Potential Resource Areas
PHILADELPHIA PROJECT GOLD INTERCEPTS IN North Vein Drilling POTENTIAL RESOURCE AREAS AND Old Mine Workings INTERVENING DRILL TARGETS Resaca Target (no drill holes) Barren hole Gold intercept Meridian Gold Drilling 1980s o o o Rising Fawn Gap (initial 5 holes in 2023) “Shark Fin” (outcrop of vein bre
Slide 13: Drill Section PRC21-78 thru -80
Drill Section PRC21-78 thru -80 • High grade vein confirmed • Thick lower grade stockwork surrounding vein • 103.7 metres at 1.57 gpt Au, 7.6 gpt Ag • Boiling zone inferred from vein textures beginning at 100 metres depth below surface • Zone appears to be thickening with depth • Follow-up core dril
Slide 14: Drill Section Holes PRC21-81 thru PRC21-83
Drill Section Holes PRC21-81 thru PRC21-83 • 300 meters from previous section • High grade vein at shallow levels averages 3.3 m at 16.9 gpt Au, 51.15 gpt Ag • Thick lower grade stockwork intersected in deepest hole 57.9 m at 0.87 gpt Au, 7.43 gpt Ag • Boiling zone textures start at 100 metres below
Slide 15: Drill Section Holes PRC22-86, PRC22-87, & PRC22-88
Drill Section Holes PRC22-86, PRC22-87, & PRC22-88 Drill results PC22-86 • High grade HW vein: 32.90 gpt gold, 97 gpt silver from 85.73-86.71 metres (0.98 m), within • High Grade Interval: 10.81 gpt gold, 41.41 gpt silver from 82.32-86.71 metres (4.39 m), within • Total Mineralized Zone: 1.31 gpt go
Slide 16: Close-up of PRC21-85
Close-up of PRC21-85 • Between and down dip from previous two sections • Gold zone starts at 200 feet below surface • 115.85 m grading 1.34 gpt Au, 5.78 gpt Ag • Open down dip and eastward • Upper boiling zone textures in stockwork veins begins at 100 meters below surface 16
Slide 17: Perry HW Vein Long Section (Looking West)
PHILADELPHIA PROJECT PERRY HW VEIN LONG SECTION (LOOKING WEST) The GAP - NA -74 o NA o o NA o NA 3-6 gpt Au in trench 7 -77 o-75 o -1 o 3.3m@ 1.38, 11.5 72 -78 o 1.5m@ 9.92, 29.4 -81 o 1.5m@ 3.81, 22.6 -76 o -73 o o NA -82 o 3.0m@16.9, 51.2 3.3m’@ 1.17,1.25 -79 o 9.1m@ 7.82, 21.0 -94 o 1.5m@ 1.95, 1
Slide 18: Vein and Bulk Target Locations
Vein and Bulk Target Locations Claim outline (expanded in December-2021) Gold-silver vein in outcrop (red) Patented claims Fluid Flow Direction o Heart of System Bulk tonnage target beneath Source of Au-Ag altered flow dome rhyolite Untested veins at surface Productive boiling zone at depth 1 kilome
Slide 19: Philadelphia Project Area USGS ASTER Hyperspectral Data
PHILADELPHIA PROJECT AREA USGS ASTER HYPERSPECTRAL DATA (30 m resolution) Current Drilling
Slide 20: Terracore Hyperspectral Imaging Core Hole PC22-88
TERRACORE HYPERSPECTRAL IMAGING CORE HOLE PC22-88 Montmorillonite + FeOx Cap to Gold-Silver Zone Mineral Species +50% montmorillonite Tv Min +/-150oC Top of Boiling +50% smectite Tr2 Tr2bx Ygr
Slide 21: Perry Vein Examples of Drill Core Hole PC22-86
PHILADELPHIA PROJECT PERRY VEIN EXAMPLES OF DRILL CORE HOLE PC22-86 YELLOW QUARTZ PARTIALLY REPLACING BLADED CACLITE VG
Slide 22: Bulk Tonnage Conceptual Model Boiling Zone Beneath Rhyolite Flow Dome
PHILADELPHIA PROJECT BULK TONNAGE CONCEPTUAL MODEL BOILING ZONE BENEATH RHYOLITE FLOW DOME Argillic Alteration from USGS ASTER Survey BLM drill holes being permitted (EXPECTED INQ4 2023) Bulk Tonnage Model o Boiling Zone Beneath Rhyolite Flow Dome o Future BLM holes Jan 2022
Slide 23: CSAMT Anomaly - February 2023
PHILADELPHIA PROJECT CSAMT ANOMALY - FEBRUARY 2023 BOILING ZONE BENEATH RHYOLITE FLOW DOME Tv weathered Clay Cap? Ygr Ygr Ta d Feeder? 330m Tv 400m
Slide 24: Proposed H2 2023 Drilling Program
PHILADELPHIA PROJECT PROPOSED H2 2023 DRILLING PROGRAM DRILLING TESTS BOTH HIGH GRADE VEIN AND BULK TONNAGE TARGETS 4,000 METERS RC DRILLING ON RISING FAWN VEIN SYSTEM (25% completed to date) BLM Pad#2 3,000 METERS CORE DRILLING IN GAP BETWEEN PREVIOUS DRILL SECTIONS (20% completed to date) BLM Pad#
Slide 25: Bulk Tonnage Target Size and Potential
PHILADELPHIA PROJECT BULK TONNAGE TARGET ALONG ARABIAN FAULT SIZE AND POTENTIAL BULK TONNAGE TARGET SIZE • +1700 METERS LONG • 400-500 METERS WIDE • 40-80 METERS THICK • 2.5 TF • +68MM-150 MM TONNES • TARGET GRADE 1.5 GPT AU, 7 GPT AG • TARGET GOLD CONTENT • +3-6 MM OZ AU, 10-15 MM OZ AG
Slide 26: High Grade Vein Target Size and Potential
PHILADELPHIA PROJECT HIGH GRADE VEIN TARGET SIZE AND POTENTIAL HIGH GRADE VEIN TARGET SIZE • +1000 METERS LONG • 400-500 METERS WIDE • 4-5 METERS THICK • 2.5 TF • +4 MM-8 MM TONNES • TARGET GRADE 8 GPT AU, 30 GPT AG • TARGET GOLD CONTENT • +1 MM OZ AU, 3-7 MM OZ AG
Slide 27: Southern Extension of Vein System
Southern Extension of Vein System Claim boundary Calcite-quartz veins in outcrop above boiling zone with 1500 metres strike length untested by drilling Vein in outcrop 27
Slide 28: Greater Project Area Potential for Multiple Large Targets
GREATER PROJECT AREA POTENTAL FOR MULTIPLE LARGE TARGETS LARGE ALTERATION AREAS NEED EXPLORATION CURRENT EXPLORATION
Slide 29: Silverton Gold Property, Nye County, Nevada
Silverton Gold Property Nye County, Nevada Yellow Pin – Gold Intercepts in Dolomite from 1988 Red Dot- Drill Holes 1988-2004 in Volcanics Note – New MT Major Structure Anomaly 1 kilometer
Slide 30: Silverton Property Geologic Interpretation MT Survey 2023
L11400 T Silicified Cap Silverton Property HUGE TARGET SIZE carbonates T Geologic Interpretation 200m 400m carbonates Alteration/carbonaceous layer/intrusion? +1500 METRES LONG MT Survey 2023 Silicified Cap 200m T T +500 METERS WIDE 400m carbonates L11600 Line Spacing T 50-100 METERS THICK Alteratio
Slide 31: Share Structure and Distribution
Share Structure and Distribution Trading Symbols TSXV: AZS, OTCQB: AZASF Shares Issued & Outstanding 77,087,292 Warrants Outstanding: 13,234,053 Options Outstanding: 6,710,000 Fully Diluted: 97,031,345 (as of May 8, 2024) 31
Slide 32: Management Team
Management Team Technical and Capital Markets Experience Mike Stark – RFC – President & CEO, Director, Interim Chairman Mr. Stark has over 32 years of business experience in the private sector as an owner and operator of two successful companies, and 27 years in the public sector. Mr. Stark’s backgr
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