Arizona Silver Exploration (TSX.V: AZS) is a junior mining exploration company focused on developing their 4 key projects in Arizona and Nevada - The Philadelphia Project, The Silverton Gold Project, The Ramsey Silver Project, and The Sycamore Canyon Project.

The company is currently drilling at the Philadelphia Project, and recently bought out the Philadelphia net smelter return royalty (NSR), but The Silverton Gold project has been very promising. The Silverton Gold Project is a Carlin-type gold exploration property located in Nye County, Nevada. The property is near the old Silverton Mine property located about 100 Km northeast of Tonopah, Nevada, immediately north of US Highway 6, and consists of 77 unpatented lode mining claims totaling approximately 1540 acres.

A total of 66 reverse circulation (“RC”) Historical drill holes have been drilled to date on the property. While some of these holes intersected good gold values over modest intervals, some historic intersects are as followed:

• S-3a: 7.62m at 2.29 g/t Au
• S-8: 9.15m at 0.746 g/t Au
• S-11: 6.1m at 2.01 g/t Au

The Company believes the dolomite breccias are the primary exploration opportunity. A similar deposit to Silverton is the – Long Canyon Deposit, which started out as a relatively small discovery by Pittston Nevada Gold Company from initial drilling in 1995. Pittston was acquired by AuEx Ventures in 2004, and drilled extensively for 4-5 years in a JV with NewWest Gold. AuEx and NewWest Gold announced the first NI43-101 resource in 2009 containing 363,000 ounces of gold indicated and 459,000 ounces of gold inferred. AuEx Ventures was acquired by Fronteer Development Group (TSX: FRF), in a deal valued at $265 million in 2010, who had acquired a 51% interest in the project by acquiring NewWest Gold, and who in turn was acquired by Newmont Mining (TSX: NGT) which included a 100% interest in the Long Canyon property.

Newmont (TSX: NGT) carried reserves and resources of 3.19 million ounces of gold at Long Canyon as of the end of 2016, comprised of 19.2 million tonnes at 0.061 o/t Au in probable reserves (1.17 million ounces), 16.0 million tonnes at 0.103 o/t Au in measured and indicated resources (1.64 million ounces), and 7.1 million tonnes at 0.054 opt Au in inferred resources (0.38 million ounces).

Currently the company has 52.9M shares outstanding. As of today, (TSX.V: AZS) traded last at $0.29, giving it a market cap of $15.34M. The 52 week high/low is $0.40/$0.10 respectively. Management controls 34%, friends & family owns 38%, and retail investors control 28%.

Silverton is a very exciting project, with a future drill program conducted, a potential of a significant gold and silver mineralization deposit could be found in Nevada.

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