Arizona Silver Exploration Inc (AZASF)

[Middleborder]

rondo, all

http://arizonasilverexploration.com/home-page/arizona-silver-announces-a-new-high-grade-gold-silver-intercept-at-philadelphia-gold-silver-property-in-arizona/

"The first core hole of 2020 returns high grade gold-silver intercept in the target vein, as follows:

23.35 grams/tonne (gpt) Au, 82.3 gpt Ag & 340 ppm of Beryllium over 1.5 metres, within a thicker interval of 18.45 metres containing 3.81 gpt Au and 49.21 gpt Ag & 113 ppm of Beryllium, beginning at a depth of 5.18 metres immediately below alluvium.
Similar looking vein intercepts in three other core holes completed to date that have been delivered to the lab and are in progress.
Core drilling continues for an additional 4 holes min."

(Ship)

"...Arizona Silver’s Vice President – Exploration, Greg Hahn, commented, “The newest drill results confirm our suspicions that we had lost the primary vein target and were drilling a second but lower grade vein in our previous attempt to chase the primary vein along strike and down dip under alluvial cover. The results of the current drilling put us back on target to chase the primary vein with a steeper dip than previously anticipated. The drill hole collar is located in the UTM Zone 115, 733,476.77E, 3,897,529.66N, bearing 300 degrees with an inclination of 70 degrees. The true width is unknown at the time due to insufficient data points. The primary vein target remains wide open along strike and down dip. Significantly, we now know that the vein crosses lithology and is not floored by granite everywhere. We have now encountered granite in the hanging wall of the vein, where previously granite was interpreted to be always footwall to the vein. This knowledge opens up the extensions to the vein in all directions, especially where we terminated shallow holes in granite, thinking we were below the vein.”