Arizona Gold & Silver Inc. is an ambitious pacesetter in junior mining exploration. As a publicly traded organization, it focuses on excavating and developing gold-silver properties scattered across the western region of Arizona and Nevada. Arizona Gold & Silver Inc. trades on the TSX – AZS.V & OTCQB – AZASF.
Arizona Gold & Silver Inc. has ingrained a culture of exploration and development of untapped mineral resources as part of its core operational strategy. Backed by a proficient team of industry pioneers, the establishment is paving the pathways in utilizing top-tier technology state-of-the-art strategies, and upholding responsible and sustainable mining practices. The primary objective is to unlock the genuine potential enveloped within their projects, eventually returning rich dividends to their vested shareholders.
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THE PHILADELPHIA PROPERTY – A GEM
The highlight of the company’s portfolio is The Philadelphia Property. This gold mining system boasts an expansive strike length measuring at least 3 kilometres. Repeated demonstrations through successful drilling campaigns conducted from 2019-2023 have confirmed the significant potential harboured by this property.
The highest-grade interval to be re-assayed showed the most considerable grade increase, 42.2% (51 gpt to 72.5 gpt) gold. Re-assaying on 24 samples is considered statistically meaningful as we assayed both higher and lower-grade material. For all 24 samples, the average grade increased by 25.9%. The samples were all from the spring 2023 reverse circulation (“RC”) drilling campaign.
The Philadelphia Property holds a unique positioning along the massive Arabian Fault. High-grade veins’ nodes intersperse the system’s northern end, containing valuable concentrations of up to 41.6 gpt Au and 94.4 gpt Ag. Further deep exploration revealed the existence of a large-scale bulk tonnage target, grading 1.34 gpt Au and 5.78 gpt Ag over 115.85 meters.
The property’s locale near a flow dome contributes to its monumental potential. The high-grade vein is delved into the dome’s inward boiling zone, promising high yield. The property provides convenient access through a paved road and facilitates a year-round drill season, which amalgamates to make it a promising venture in the mining sector.
Arizona Gold & Silver Inc. recently celebrated the completion of its current RC drill program, setting the stage for further intensified exploration and development. The Philadelphia Property, with its numerous commercial and geological advantages, stands well-positioned for these future endeavours.
EXPLORING THE SILVERTON GOLD PROJECT: A GOLDMINE IN NYE COUNTY, NEVADA
The Silverton Gold Project is a Carlin-type gold exploration property in Nye County, Nevada. This noteworthy property sits conveniently close to the old yet historical Silverton Mine, specifically 100 kilometres northeast of the picturesque Tonopah, Nevada. Highlighting its strategic placement, the Silverton Gold Project is immediately north of the vital US Highway 6. The property embodies an expanse claim block of 1860 acres containing anomalous gold above 100 ppb. The Silverton Gold Project contributes to Nevada’s vast mining industry and offers immense potential for unprecedented discoveries.
ARIZONA’S GOLDEN TREASURE: SYCAMORE CANYON’S RICHES
Sycamore Canyon, nestled in Eastern Arizona, has been discerned as a gold and silver haven. Recent exploratory sampling has unveiled astonishing results, yielding up to an impressive 31 grams of gold and a staggering 400 grams of silver. The collection is encapsulated within a silicified breccia that stretches over 600m, showcasing an extraordinary geological profile filled with mineral wealth. A total of 42 samples, meticulously gathered from this uncommon breccia, flaunted remarkable values reaching 15.45 gpt gold and 396 gpt silver.
The jewel in the crown emerged at the property’s southern end, where topmost gold and silver values were observed. Dramatically dipping beneath a shallow alluvium cover, geophysical results suggest a perpetuating high-grade prospect for at least 200 metres. Additionally, the company has prudently staked out 27 unpatented lode mining claims, promising decadent extensions of the silicified breccia. Served by the thriving mining town of Safford, just a mere 25 miles away, the splendour of Sycamore Canyon shines brighter than ever.
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COLUMN LEACH TESTING ON PHILADELPHIA PROPERTY
GROUNDBREAKING METALLURGICAL ADVANCEMENTS
In a significant development, Arizona Gold & Silver Inc. has embarked upon the initial phase of column leach test work on the esteemed Philadelphia Gold-Silver property. The impressive undertaking is set in the striking backdrop of Mohave County, Arizona.
The Philadelphia property’s metallurgical tests. Examination of eight bulk samples from its consummated reverse circulation drilling campaign has unveiled gold recovery percentages spanning an impressive 94.40% to 99.50%.
The company’s analyses were directed towards appraising the efficacy of gravity separation for coarse gold recovery. Furthermore, after gravity separation, the compatibility of the residual gold with cyanidation processes was meticulously scrutinized, showcasing the project’s potential for optimized extraction operations.
EXPERT INSIGHTS
VP Exploration Mr. Greg Hahn provided insights into the project, pointing out the promising results of previous tests, which yielded gold extraction rates between 89-99% through cyanide leaching. The current tests are to assess the viability of cost-effective heap leaching and explore silver recovery methods.
INNOVATIVE METHODOLOGY EMPLOYED
Column leach test work has been promptly initiated on two representative bulk samples procured from distinct locations on the property. The research at the renowned McClelland Laboratories Inc. in Sparks, Nevada, covers a suite of tests to ascertain the optimal processing conditions for the different ore types.
FUTURISTIC TEST PLANS
Future ventures into additional column and agitation leach test work are slated for 2024, with plans to test dedicated drill core samples and reverse circulation cuttings rigorously. Such meticulous investigations are expected to fully characterize the leaching kinetics across the property’s entire deposit, potentially signalling a new era for low-cost precious metal recovery.
We disclose we are owners of the stock.
OUR CONCLUSION
Recent developments, such as successful exploration projects and increased efficiency, position Arizona Gold and Silver Inc. as a perfect investor opportunity. The company’s commitment to responsible exploration practices further enhances its appeal.
Moreover, industry experts are optimistic about the prospects of precious metals, and Arizona Gold and Silver Inc.’s focus on gold and silver aligns well with these market trends. This and the current market conditions create a favourable environment for potential returns.
