Arizona Gold & Silver reports strong Perry Zone results – ICYMI
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF, FRA:A9J0) recently disclosed promising diamond drilling results from the Perry Zone at its Philadelphia Gold-Silver Project located in the Oatman District of northwest Arizona. Senior Vice President of Exploration Lex Lambeck emphasized the continuity in the vein system and the potential for further drilling.
The latest program built upon high-grade results previously reported by the company. In a recent interview with Proactive, Lambeck detailed the findings of hole 169, which yielded 22 meters grading 4.1 grams per tonne (g/t) gold within a 73-meter intersection grading 1.7 g/t gold. Additionally, hole 167 produced 15 meters grading 2.7 g/t gold within a 67-meter zone grading 1.1 g/t gold.
These results confirmed the company's geological interpretation and hydrothermal system. Moving forward, exploration efforts could yield additional catalysts as the company tests new targets and extends known mineralization. The company has obtained its BLM permits and relocated the drill to the eastern side of Red Hills, further expanding the exploration area.
With both down-dip drilling and along-strike testing underway, the exploration activities serve as significant potential catalysts for future drilling, allowing the company to test the geological thesis outlined by Lambeck during a recent interview. Since joining the company in January, Lambeck has found that the Philadelphia Gold-Silver Project has exceeded his expectations, stating that the project is just starting to take off.
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