Arizona Gold & Silver(CVE:AZS)

Arizona Silver Exploration Inc.

Investor website: https://arizonagoldsilver.com/

About

Arizona Silver Exploration Inc. is a mining company focused on the exploration and development of silver properties in Arizona. The company is publicly traded on the TSX Venture Exchange and OTCQB, and it aims to enhance shareholder value through strategic exploration and development initiatives.

Verified company data

Cash position
$1,500,000
Shares outstanding
114136347
Fully diluted shares
146293356
Mineral resource
Sampling throughout the silicified breccia to date demonstrates gold and silver values up to 31 grams per tonne (gpt) Au, or 0.903 ounces per ton (opt) Au, and 458 gpt (13.34 opt) Ag from within the silicified breccia. The average of all 31 rock chip samples taken from the silicified breccia body and the surrounding silicified granite is 1.77 gpt (0.052 opt) Au and 89.5 gpt (2.61 opt) Ag. The silicified breccia is covered by alluvium at the southeastern end of the extent of outcrop where the last samples collected contained between 1.34-3.02 gpt Au and 59.7 -208.4 gpt Ag. It is likely the silicified breccia body continues beneath shallow unconsolidated alluvial cover to the southeast. These results are historical but are backed by certified assay certificates from reputable laboratories that regularly service the exploration and mining industry. Despite these attractive historic assay values, the silicified breccia has yet to be tested with a drill hole.
Projects
["Arizona Silver Exploration Inc. Commences Core Drilling On Ramsey Silver Project, La Paz County, Arizona\n\nVancouver, BC, November 28, 2016 – Arizona Silver Exploration Inc. (TSX-V: AZS)(the “Company“) is pleased to announce that it has commenced core drilling on the Ramsey Mine silver project located in La Paz County, Arizona, approximately two hours west of Phoenix. Permits to drill five exploration drill holes on patented claims have been obtained from the Arizona Department of Water Resources\n\nA total of 2,000 feet of core in two fences of holes is planned in this Phase 1 drilling program. One fence of holes will test the southern end of the old Ramsey Mine workings which mined a high grade silver vein (with lead and zinc credits) from the surface down to the 529 foot level, and the other fence of holes will test the northern end of the old Ramsey mine stoped out area. Historic channel samples taken at both ends of the stoped out areas on six levels (35 to 299 levels) indicate the continuation of good values of silver in veins and adjacent brecciated wall rock, averaging 925 gpt (27 opt) Ag, being below the reported cut-off grade in the 1960s(which was approximately 1000 gpt (30 opt) Ag), and which appears to be the reason stoping was discontinued. Long hole drilling from underground in the late 1960s identified a wide low-grade halo surrounding the high-grade vein that averaged 120 gpt (3.5 opt) Ag in a zone with an overall true width of 20-40 metres wide, not including the high-grade vein. Drilling from surface is intended to test the entire width of the low-grade envelope surrounding the high-grade vein.\n\nDrilling will simultaneously test the ground magnetic anomaly that is coincident with the mineralization exposed in the old Ramsey Mine workings, in order to understand the source of the magnetic anomaly and to be able to better interpret the much larger (500 meter diameter) ground magnetic anomaly to the north. This northern anomaly appears to be the faulted extension of the anomaly that is coincident with the Ramsey Mine area. It is located across an inferred fault and beneath an estimated 30-60 meters of alluvial cover, based upon data from water wells located approximately two miles to the north of the property. Down hole geophysical logging is planned to quantify the physical properties of the mineralized zone in order to be able to design and interpret further geophysical surveys over the larger undrilled ground magnetic anomaly to the north.\n\nGreg Hahn, President and COO and a Certified Professional Geologist (#7122) is the Qualified Person under NI43-101 responsible for preparing and reviewing the data contained in this press release.\n\nON BEHALF OF THE BOARD ARIZONA SILVER EXPLORATION INC.\n\nSIGNED: “Greg Hahn“\n\nGreg Hahn, President and Chief Executive Officer Contact: Mike Stark, Director (604) 336-8619\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the TSX Venture Exchange has in no way passed upon the merits of the transactions herein.\n\nCAUTION CONCERNING FORWARD-LOOKING STATEMENTS\n\nThis news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects of the planned 2016 program on the Ramsey property; the potential for development of the mineral resources; the potential mineralization and geological merits of the Ramsey property; and other future plans, objectives or expectations of the Company. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include the risk that actual results of current and planned exploration activities, including the results of the Company’s 2016 drilling program(s) on the Ramsey property, will not be consistent with the Company’s expectations; the geology, grade and continuity of any mineral deposits and the risk of unexpected variations in mineral resources, grade and/or recovery rates; fluctuating metals prices; possibility of accidents, equipment breakdowns and delays during exploration; exploration cost overruns or unanticipated costs and expenses; uncertainties involved in the interpretation of drilling results and geological tests; availability of capital and financing required to continue the Company’s future exploration programs and preparation of geological reports and studies; delays in the preparation of geological reports and studies; the metallurgical characteristics of mineralization contained within the Ramsey property are yet to be fully determined; general economic, market or business conditions; competition and loss of key employees; regulatory changes and restrictions including in relation to required permits for exploration activities (including drilling permits) and environmental liability; timeliness of government or regulatory approvals; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, including that the Company’s 2016 programs will proceed as planned and within budget. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation.","Arizona Silver Exploration Inc. Reports on Q1 Drilling Results at the Ramsey Silver Project La Paz County, Arizona\n\nVancouver, BC, April 9, 2018 – Arizona Silver Exploration Inc.(the “Company“)(TSX-V: AZS) announces results of the first quarter drilling program at its 100% owned Ramsey Silver Project located in La Paz County, Arizona.\n\nQ1 2018 Drilling Results\n\nArizona Silver Exploration Inc. completed seven reverse circulation (RC) exploration drill holes at its Ramsey Silver Project in February and March, 2018. All holes intersected intervals of mineralization within a package of altered rhyolite and quartz latite peripheral to higher grade mineralized intervals reported previously. Assay results are summarized in the table below. “The seventh hole was drilled at an angle to the northwest to test the potential northward strike extension to the Ramsey Mine silver system, and also appears to have intersected the low-grade margin of the higher-grade silver system”, stated Greg Hahn, President and CEO. These holes all appear to represent the true thickness of the mineral system at these locations.\n\n| | | | | | | |\n| --- | --- | --- | --- | --- | --- | --- |\n| **Ramsey Silver Project** | | | | |\n| **Summary Drill Results** | | | | |\n| **2018 Phase 1 Program** | | | | |\n| | | | | | | |\n| **Hole** | **From (ft)** | **To (ft)** | **Thick (ft)** | **Thick (m)** | **Ag gpt** | **Ag opt** |\n| R1801 | 570 | 585 | 15 | 4.57 | 18.6 | 0.54 |\n| R1802 | 440 | 500 | 60 | 18.29 | 15.5 | 0.45 |\n| R1803 | 370 | 485 | 115 | 35.06 | 16.3 | 0.48 |\n| R1804 | 335 | 505 | 170 | 51.83 | 19.4 | 0.57 |\n| R1805 | 385 | 435 | 50 | 15.24 | 15.3 | 0.45 |\n| R1806 | 445 | 470 | 25 | 7.62 | 25.7 | 0.75 |\n| R1807 | 510 | 590 | 80 | 24.39 | 18.6 | 0.54 |\n| | | | | | | |\n| AVERAGE | | | 73.6 | 22.43 | 18.0 | 0.53 |\n\nSubsequent targets\n\nA zone southeast of the Ramsey Mine is characterized by surface samples with elevated Ag-Pb-Zn-Ba geochemistry within which the Creosote Vein is located. This zone remains to be tested with drilling. The Creosote Vein had limited historic production of ~10 opt Ag. Sampling by Arizona Silver returned values of up to 877 gpt Ag in outcrops of what might be the extension to the Creosote Vein. A similar-sized area north of the Creosote Vein contains a strong Ag-Pb-Zn-Ba surface geochemical anomaly associated with strong argillic and silicic alteration and brecciated rhyolite (see April 18, 2017 news release https://arizonagoldsilver.com/home-page/arizona-silver-exploration-inc-assays-up-to-877-grams-per-tonne-silver-at-ramsey-silver-project-la-paz-county-arizona/). Drilling beyond the geochemical anomaly locations will penetrate alluvial cover, which is prominent to the east and north of the areas around the Creosote Vein.\n\nTen additional holes have been permitted and are tentatively planned for Q2 2018 to test the areas featuring the surface geochemical anomalies. Please visit the Company’s website for drill hole locations and drilling program updates: www.arizonasilverexploration.com.\n\nQA/QC and Analytical Procedures\n\nAll drill cuttings were transported under strict chain of custody by ALS Minerals personnel to the ALS Minerals laboratory in Tucson Arizona, where samples were dried and crushed to 70% passing 2 mm, a 250 gram split is taken and pulverized to 85% passing 75 microns, subject to a four-acid digestion, and then analyzed by ICP/MS for a 48-element package including silver, lead, and zinc. Samples over 100 ppm silver and over 10,000 ppm lead or zinc are re-analyzed using ICP for higher concentration levels. Selected intervals with high silver values will be re-submitted for 1-assay ton fire assays for gold.\n\nGreg Hahn, President and CEO and a Certified Professional Geologist (#7122) is the Qualified Person under NI43-101 responsible for preparing and reviewing the data contained in this press release.\n\nON BEHALF OF THE BOARD\n\nARIZONA SILVER EXPLORATION INC.\n\nGreg Hahn, President and Chief Executive Officer\n\nContact: Mike Stark, Chairman and Director\n\nPhone: 604-833-4278\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the TSX Venture Exchange has in no way passed upon the merits of the transactions herein.\n\nCAUTION CONCERNING FORWARD-LOOKING STATEMENTS\n\nThis news release contains certain “forward-looking statements” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward-looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this news release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this news release.","Arizona Silver Exploration Announces Completion of The Q2 RC Drilling Program at Philadelphia Gold & Silver Property\n\nVancouver, British Columbia (June 07, 2021) – Arizona Silver Exploration Inc. (TSXV: AZS) (OTCQB: AZASF) is pleased to report that it has completed its Q2 reverse circulation (“RC”) drilling program at the Company’s Philadelphia gold-silver project located in Mohave County, Arizona. The Company completed a total of 6,270 feet in 15 holes on the recently acquired Perry Claim. Exploration drilling focused on testing along the strike and shallow dip of +1400 feet of the Perry vein, visible in outcrop at surface.\n\nIn reference, we are 4,000-5,000 lineal feet away from the Philadelphia mine/vein area where we last intersected the high-grade vein. [Click here to view news release](https://arizonagoldsilverexploration.com/home-page/arizona-silver-announces-new-high-grade-gold-silver-intercepts-in-mohave-county-arizona/).\n\nA total of 15 RC holes were drilled on five sections and tested the shallow levels of the Perry vein exposed on the surface. All 15 holes intersected the vein. Vein thicknesses generally increase with depth as do vein textures. The deepest intercepts looked the best in terms of thickness and boiling zone textures. It is apparent from the results of this drilling program that we appear to have the complete boiling zone preserved intact beneath the surface. Also, the host geology is relatively uninterrupted by post-mineral faulting that confounds the exploration of the down-dip pursuit of the Philadelphia vein to the north.\n\nDrilling samples from the RC drilling campaign are being sent to ALS Minerals sample preparation facility in Tucson, Arizona under strict chain of custody.\n\nWe have 4,500 feet of strike, south of the Perry claim, that remain untested. Our district level analysis interprets that the entire +11,000 feet of the vein system is tilted to the south. The further south along the vein system we go the higher we appear to be in the vein system, and the better preserved the boiling zone is. Conversely, the further north we go the deeper we appear to be in the vein system. Erosion appears to have removed (a significant) part of the vein system in the north. Sampling is underway to follow up on earlier sampling that indicated the presence of anomalous gold and silver in association with the continuation of the Arabian fault and associated veining within and south of the Perry claim. [Click here to view claims.](https://arizonagoldsilverexploration.com/wp-content/uploads/2021/02/mamie-and-perry-claims-highlighted.jpg)\n\nArizona Silver’s Vice President – Exploration, Greg Hahn, commented, “We are excited to be the first to test the Perry vein with drilling. Surface samples indicate the presence of visible gold. The vein as exposed on the surface is consistently 20-30 feet wide and consists of green and white quartz with locally black calcite. Drilling supports the continuity of these characteristics with depth. Panning of cuttings periodically reveals the presence of fine-grained gold in the drill cuttings. While this is no indication of the grade of the intervals drilled, it does substantiate that there is gold in the system, and we are encouraged that the improvement in thickness and vein quality with depth bodes well for success in this campaign and the potential to chase this system not only further down dip but also along strike.” Our deepest hole on this program has been 350 feet down dip, so far. A lot of open potential remains down dip.\n\nQualified Person\n\nGregory Hahn, VP-Exploration and a Certified Professional Geologist (#7122) is a Qualified Person under National Instrument 43-101 (“NI 43-101”) and has reviewed and approved the technical information contained in this news release.\n\nAbout Arizona Silver Exploration Inc.\n\nArizona Silver is a young exploration company focused on exploring underexplored gold-silver properties in western Arizona and now Nevada. The Company plans to continue to drill test the Ramsey Silver Mine property located a short distance east of Quartzsite, Arizona as time allows. The Company has recently received a positive Record of Decision on its Notice of Intent to drill an initial eight exploration holes on its recently acquired Silverton gold-silver property with carlin-type targets. Drilling there will be scheduled as time and equipment allow.\n\nPlease refer to our web site for all news and updated property information. www.arizonasilverexploration.com\n\nOn behalf of the Board of Directors:\n\nARIZONA SILVER EXPLORATION INC.\n\nMike Stark, President and CEO, Director\n\nPhone: (604) 833-4278\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\nCAUTION CONCERNING FORWARD-LOOKING STATEMENTS\n\nThis news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects of the 2020-2021 exploration program; the potential for development of the mineral resources; the potential mineralization and geological merits of the exploration properties; and other future plans, objectives or expectations of the Company. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include the risk that actual results of current and planned exploration activities, including the results of the Company’s 2020-2021 drilling program(s) on its properties, will not be consistent with the Company’s expectations; the geology, grade and continuity of any mineral deposits and the risk of unexpected variations in mineral resources, grade and/or recovery rates; fluctuating metals prices; possibility of accidents, equipment breakdowns and delays during exploration; exploration cost overruns or unanticipated costs and expenses; uncertainties involved in the interpretation of drilling results and geological tests; availability of capital and financing required to continue the Company’s future exploration programs and preparation of geological reports and studies; delays in the preparation of geological reports and studies; the metallurgical characteristics of mineralization contained within the exploration properties are yet to be fully determined; general economic, market or business conditions; competition and loss of key employees; regulatory changes and restrictions including in relation to required permits for exploration activities (including drilling permits) and environmental liability; timeliness of government or regulatory approvals; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, including that the Company’s 2020-2021 programs would proceed as planned and within budget. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation."]
Leadership
Mike Stark (Chairman and Director), Dong H. Shim (CFO and Secretary, Member of the Chartered Professional Accountants of British Columbia and a Certified Public Accountant. Has extensive experience in auditing publicly traded companies and business advisory.), Eugene Spiering (Director, Exploration Geologist with over 30 years of experience in mineral exploration and project management. Has participated in the discovery of multiple mines and is a Qualified Person.), Jim Engdahl (Independent Director, CEO and Director of MAS Gold Corp. with extensive experience in corporate finance, M&A, and strategic business planning across mining and energy sectors.)

Verified data last updated: 2026-05-15

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