• Arizona Gold & Silver reports promising assay results from Philadelphia Project drilling

  • Jan 30 2025
  • Length: 4 mins
  • Podcast

Arizona Gold & Silver reports promising assay results from Philadelphia Project drilling

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  • Arizona Gold and Silver CEO Mike Stark joined Steve Darling from Proactive to share initial assay results from the first two holes of the company’s ongoing core drilling program at the Philadelphia Project in Arizona. The assays from PC24-140, the first of eight holes drilled at the Rising Fawn target, revealed 55.8 metres grading 1.27 g/t gold and 2.5 g/t silver from surface to 55.8 metres downhole. Rising Fawn, a historically mined patented claim, is one of many claims within the Philadelphia property. Seven additional holes, spaced approximately 30 metres apart, have been drilled to further test high-angle, high-grade vein structures in the mineralized zone. These holes have been sent to the lab, with all intersecting thick intervals of stockwork quartz in the rhyolite and granite host rock, with locally visible gold particles. At the Red Hills area, south of Rising Fawn, hole PC24-132 was drilled to test a thick mineralized interval previously discovered in 2021 reverse circulation drilling. The hole intersected 13.23 metres of 1.216 g/t gold, flanked by lower-grade intervals. While lower in grade than previous up-dip holes, the intercept remains thick and potentially viable for heap leaching. Moving forward, drilling will continue at Red Hills to explore additional mineralized structures, while ongoing work at Rising Fawn will focus on the down-dip continuity of high-grade zones. Further assay results from the remaining seven holes are pending. #proactiveinvestors #arizonagoldandsilverinc #tsxv #azs #otcqb #azasf #MiningUpdates #GoldExploration #PhiladelphiaProject #MiningDrilling #GoldAndSilver #MiningStocks #ArizonaGold #DrillingResults #GoldMining #MiningNews #JuniorMining #Investing #GoldSilver #Arizona
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