(TheNewswire)
Vancouver, British Columbia – TheNewswire - May 26, 2021 – Arizona Silver Exploration Inc(TSXV:AZS) (OTC:AZASF) is pleased to report thatdrilling has resumed at the Company’s Philadelphia gold-silverproject located in Mohave County, Arizona. A Reverse Circulation(“RC”) drill rig is on site and has completed 3 holes already onour recently acquired Perry Claim. Continued exploration drilling isfocused on testing along strike of the 1,250 feet of visible veinoutcropping at surface. In reference we are 4,000-5,000 lineal feetaway from the Philadelphia mine area where we have intersected thehigh-grade vein to date. See news release Click here to visit the Philadelphiawebpage
A total of 15 holes are currentlyplanned in this round of drilling.
We will be testing the vein exposedon the surface both along strike and down dip in this round ofdrilling. We have 3 claims (4,500 feet) south of the Perry claim thatremain untested. Sampling is underway to follow up on earlier samplingthat indicated the presence of anomalous gold and silver inassociation with the continuation of the Arabian fault and associatedveining. Click here to view claims.
Arizona Silver’s Vice President – Exploration, GregHahn, commented, “We are excited to be the first to test the Perryvein with drilling. Surface samples indicate the presence of visiblegold and historic samples contained good gold grades locally. The veinas exposed on the surface is consistently 20-30 feet wide and consistsof green and white quartz with locally black calcite.
Qualified Person
Gregory Hahn, VP-Exploration and a CertifiedProfessional Geologist (#7122) is a Qualified Person under NationalInstrument 43-101 (“NI 43-101”) and has reviewed and approved thetechnical information contained in this news release.
About Arizona Silver ExplorationInc.
Arizona Silver is a young exploration company focusedon exploring underexplored gold-silver properties in western Arizonaand now Nevada. The Company plans to continue to drill test the RamseySilver Mine property located a short distance east of Quartzsite,Arizona as time allows. The Company has recently received a positiveRecord of Decision on its Notice of Intent to drill an initial eightexploration holes on its recently acquired Silverton gold-silverproperty with carlin-type targets. Drilling there will be scheduled astime and equipment allow.
Please refer to our web site for all news and updatedproperty information. www.arizonasilverexploration.com
On behalf of the Board of Directors:
ARIZONA SILVER EXPLORATIONINC.
Mike Stark, President and CEO,Director
Phone: (604) 833-4278
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
CAUTION CONCERNING FORWARD-LOOKINGSTATEMENTS
This news release includes certain forward-lookingstatements or information. All statements other than statements ofhistorical fact included in this release are forward-lookingstatements that involve various risks and uncertainties.Forward-looking statements in this news release include statements inrelation to the timing, cost and other aspects of the 2020 explorationprogram; the potential for development of the mineral resources; thepotential mineralization and geological merits of the explorationproperties; and other future plans, objectives or expectations of theCompany. There can be no assurance that such statements will prove tobe accurate and actual results and future events could differmaterially from those anticipated in such statements. Importantfactors that could cause actual results to differ materially from theCompany’s plans or expectations include the risk that actual resultsof current and planned exploration activities, including the resultsof the Company’s 2020 drilling program(s) on its properties, willnot be consistent with the Company’s expectations; the geology,grade and continuity of any mineral deposits and the risk ofunexpected variations in mineral resources, grade and/or recoveryrates; fluctuating metals prices; possibility of accidents, equipmentbreakdowns and delays during exploration; exploration cost overruns orunanticipated costs and expenses; uncertainties involved in theinterpretation of drilling results and geological tests; availabilityof capital and financing required to continue the Company’s futureexploration programs and preparation of geological reports andstudies; delays in the preparation of geological reports and studies;the metallurgical characteristics of mineralization contained withinthe exploration properties are yet to be fully determined; generaleconomic, market or business conditions; competition and loss of keyemployees; regulatory changes and restrictions including in relationto required permits for exploration activities (including drillingpermits) and environmental liability; timeliness of government orregulatory approvals; and other risks detailed herein and from time totime in the filings made by the Company with securities regulators. Inconnection with the forward-looking information contained in this newsrelease, the Company has made numerous assumptions, including that theCompany’s 2020 programs would proceed as planned and within budget.The Company expressly disclaims any intention or obligation to updateor revise any forward-looking statements whether as a result of newinformation, future events or otherwise, except as otherwise requiredby applicable securities legislation.
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