CEO Highlights Optimism Following Drill Successes
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) has reported encouraging drill results from its Philadelphia gold-silver project in Arizona, particularly at its Red Hills and Rising Fawn targets. CEO Mike Stark expressed optimism about the findings, which have exceeded expectations in key areas and signal a potentially transformative phase for the company.
Red Hills Delivers Unexpected Widths
The drilling campaign at Red Hills has been a highlight for the team. According to Stark, the drill holes have uncovered larger-than-anticipated widths, a development that has excited geologists analyzing the site. Historical cores from the mid-1980s have shown notable similarities to the current findings, further bolstering confidence in the potential of the area.
“Two holes from the Red Hills project are currently in the lab,” Stark shared. “Experts reviewing the historical core drilled in 1985 and 1987 are seeing encouraging similarities. These larger-than-anticipated widths are very exciting for the team.”
Early hyperspectral imaging focused on the Red Hills region suggests that the site’s scale may be more significant than initially thought. Ongoing exploration aims to refine the understanding of the geological features and mineral sources.
Rising Fawn Garners Geological Enthusiasm
The Rising Fawn target has also provided reasons for optimism. Stark noted that true widths from the site are longer than expected, with seven holes already completed and sent to the lab for assay results. The team has planned a total of 10 holes in the current drilling program, with the final one set to wrap up soon.
“Our geologists are ecstatic about what they’re seeing in the core,” Stark said. “We’re pleased with the results, and the findings so far are very encouraging.”
Expanding Exploration with New Techniques
Groundwork completed earlier in the year has contributed valuable data to the project. October’s hyperspectral imaging work at Red Hills is helping delineate the edges of the deposit, providing insight into both scale and mineral sources. This imaging is also being used to assess the eastern section of the project, where additional updates are expected in the coming months.
“We’re working on the edges now,” Stark explained. “As we move further in, we anticipate even longer intercepts and deeper insights into the material’s source.”
2025 Poised for Breakthroughs
With multiple holes already in the lab and more on the way, Arizona Gold & Silver is gearing up for a busy and potentially groundbreaking 2025. The team’s optimism is buoyed by the scale of the discoveries and the precision of their exploratory techniques.
Stark summarized, “This isn’t a small target. We’re confident about what’s to come and look forward to sharing updates as we progress.”
