Arizona Gold & Silver Announces Exploration Plan For Silverton Gold-Antimony Project, Nye County, Nevada

Core Insights - Arizona Gold & Silver Inc. is advancing the Silverton gold-antimony project in Nye County, Nevada, due to favorable market conditions for antimony and government support for its development [1][2] Antimony Market Context - Antimony is currently priced at US$57.50 per pound and is classified as a critical mineral by the US government for defense purposes, prompting a reassessment of the Silverton property's antimony occurrences [2] Silverton Project Details - The Silverton property has a database of over 2000 rock samples, with more than 25 samples containing over 1% antimony and 217 samples exceeding 200 ppm [3][4] - Historical drilling by Newcrest Resources identified significant antimony values, including a notable intersection of 20 feet at over 1% Sb [6] Drilling Program - The company has received approval for a drilling program consisting of 27 reverse circulation drill holes, with 24 holes targeting quartz-antimony veins and 3 holes testing a nearby MT anomaly [10][11] - The drilling program is aimed at confirming the potential for a near-surface deposit of high-grade antimony [10] Future Plans - Arizona Gold & Silver Inc. plans to consider joint venture proposals to explore the antimony-gold and MT targets while focusing on advancing its Philadelphia gold project in Arizona [12]