Vancouver, B.C. – Newswire – June 21, 2023 – Arizona Silver Exploration, Inc. (TSXV:AZS) (OTC: AZASF) We are pleased to announce that we have received the final assays from Core Hall PC23-111, Philadelphia Surface Thermal Gold and Silver Project, Mojave County, Arizona. This drill hole was designed to test the venous descent and eastward spread. Stockwork mineralization intersected at the former deepest hole about 30 meters away.
Core hole PC23-111 crossed at 0.716 grams/tonne (“gpt”) gols at 102.15 meters (“m”)d 4.56 gpt silver from 182.30m to 284.45m.
The total interval includes 3 sections of brecciated veins as follows:
182.3m to 185.5m (3.2m) in 6.2 gpt gold and 11.3 gpt silver;
230.6m to 231.6m (1.0m) in 4.04 gpt gold and 9.2 gpt silver, and
275.15m to 281.64m (6.49m) in 1.91 gpt gold and 8.77 gpt silver.
The actual thickness of the section is approximately 50% of the drilled thickness. See cross section below.
The three veins are called the HW, middle and FW veins respectively. See the May 16, 2023 news release for a detailed geological description of this borehole.
Mr Greg Hahn. Vice President of Exploration commented: “As expected, PC23-111 confirms the mineral system descending and eastward continuation. Now we are waiting.” This comes from PC23-112 which is a new -45 degree hole in the same pad position as PC23-111. This hole tests the western portion of the low-resistivity CSAMT anomaly, which is believed to be the clay cap overlying the boiling zone of the Red Hills target. Samples are in the lab and results will be announced upon receipt. “
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QA/QC program
All analyzes were performed by ALS Global, an independent analytical laboratory. Full cores are shipped to his ALS sample preparation facility in Tucson, Arizona, where the samples are cataloged, photographed, cut and sampled according to company-selected intervals. The sample is then crushed and pulverized. The pulverized splits are sent to his ALS analysis facility in Vancouver, British Columbia for analysis. All materials are handled under strict process control protocols. Gold is determined by refractory analysis with a gravimetrically finished AA finish on samples >10 grams per tonne of gold and silver is determined by ICP-MS methods within a 31 element suite.
In addition to ALS Global’s independent QA/QC protocol, we have a proprietary program to insert reference standards in the form of standards and blanks into the sampling stream prior to shipment to ALS’ preparation facility in Tucson, Arizona. is maintained.
qualified person
Gregory Hahn, Vice President of Exploration and Certified Professional Geologist (#7122), is certified under National Instrument 43-101 (“NI 43-101”) and has reviewed and reviewed the technical information contained in this news release. I approve.
About Arizona Silver Exploration, Inc.
Arizona Silver is a young exploration company focused on exploring gold and silver assets in western Arizona and Nevada. The principal asset is a Philadelphia real estate, which is the subject of this news release.
On behalf of the Board of Directors:
Arizona Silver Exploration Inc.
Mike Stark, President and CEO, Director
Phone: (604) 833-4278
Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain forward-looking statements or information. All statements other than statements of historical fact contained in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements regarding timing, costs and other aspects of the 2023 exploration program. Possibility of mineral resource development. Potential mineralization and geological merit of exploration properties. our other future plans, goals or expectations; There can be no assurance that such statements will prove to be accurate and actual results, and future events may differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our plans or expectations include the actual results of current and planned exploration activities, including the results of our 2023 drilling program on our property; includes risks that do not match company expectations. the geology, grade and continuity of mineral deposits and the risk of unexpected fluctuations in mineral resources, grade and/or recovery; Fluctuations in metal prices. Possibility of accidents, equipment failures and delays during exploration. Exceeding exploration costs or unexpected costs or expenses. Uncertainty associated with interpretation of drilling results and geological examination. the availability of capital and funding necessary to continue the preparation of our future exploration programs and geological reports and studies; Delays in the preparation of geological reports and studies. The metallurgical properties of the mineralization included in the exploration properties have not yet been fully determined. general economic, market or business conditions; Competition and loss of key employees.Regulatory changes and restrictions, including those related to permits required for exploration Activities (including drilling permits) and environmental responsibility. timeliness of government or regulatory approval; and other risks are detailed in this document and in filings we file with securities regulators from time to time. In connection with the forward-looking information contained in this news release, the Company makes a number of assumptions, including that the Company’s 2023 program will proceed as planned and within budget. We expressly disclaim 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 laws.
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