Core Findings - Arizona Gold & Silver Inc. has reported positive results from the ongoing core drilling program at the Philadelphia Project, highlighting an intercept of 14.5 g/t gold over 1.52 meters within a broader interval of 4.24 g/t over 22.26 meters, indicating continuity of vein thickness and an increase in grade as drilling progresses [1][3] Drilling Results - Core hole PC25-155 shows significant results, with a 40% increase in gold grade compared to previous hole PC25-154, which is located approximately 60 meters up dip [2] - The true thickness of the intercepts in PC25-155 is approximately 57% of the drill thickness, with notable gold and silver grades reported [2] Geological Insights - The geological characteristics observed, such as the replacement of bladed calcite by yellow quartz, suggest the presence of a high-grade epithermal system, indicating proximity to the boiling zone where gold grades typically increase [3] - The vein system at the Philadelphia Project is compared to the historic Oatman Gold Mining District, which produced over 2 million ounces of gold from similar high-grade veins, suggesting potential for high-grade zones [3] Future Drilling Plans - Core hole PC25-156 is currently in progress and is expected to test the targeted vein below hole 155, with the potential to unlock a major high-grade gold discovery [5][6] - The results from hole 156 will guide the next phase of drilling, focusing on expanding the mineralized footprint along the strike [6] Company Overview - Arizona Gold & Silver Inc. is focused on uncovering precious metal resources in Arizona and Nevada, with a commitment to sustainable practices and innovative exploration techniques [10]
Arizona Gold & Silver Intersects 14.5 Grams Per Tonne Gold Within 22.26 Metres (73 Feet) of 4.24 GPT Gold At Philadelphia Project, Arizona
Thenewswire·2025-08-06 11:00