Arizona Gold & Silver Inc. announced that site preparation is nearly complete for diamond drilling at the Red Hills bulk tonnage target on the Philadelphia gold and silver property. The target is the down-dip extension of known mineralization and the western fringe of a CSAMT anomaly beneath a hydrothermally altered flow dome known as Red Hill. Significant intersections in holes PRC21-80 and PRC21-85 were 103.70 meters grading 1.57 grams per tonne (gpt) gold and 7.6 gpt silver, and 115.85 meters grading 1.34 gpt gold and 5.78 gpt silver, respectively.
The new holes will be drilled from unpatented titles on BLM-administered lands, for which drilling permits were recently obtained. Further drilling is planned to test this target both on strike and down dip to the east. Drilling work is expected to last 10 to 20 days each.
The drilling work will take place according to a schedule of 20 days on and 10 days off, with a shift of 10 hours per day. At the end of each hole, the cores will be transported to ALS Laboratories’ sample preparation facility in Tucson, Arizona, where they will be photographed, sawn, and sampled according to the explicit instructions of the project geologist. Samples will be crushed, split and pulverized at ALS’s Tucson facility and representative pulps will be sent to ALS’ Vancouver assay facilities for gold fire assay and multi-element ICP analyses, including money.
Unsampled sawn fractions of the core will be returned to the company for further geological evaluation and storage.
