Up 300% Ytd.
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.
All 4 assets have shown tremendous gold mineralization through exceptional drill intercepts, but what stands out most about Arizona Silver is their 100% owned Philadelphia Property, which was a historic high-grade producer.
A core drill program completed in October 2019 showed stellar results:
· 41.6 g/t Au and 94.4 g/t Ag across 0.76m, from 10-10.76m
· 23.47 g/t Au and 97.2 g/t Ag over 2.3m, from 8.5-10.76m
A further program completed in September 2020 showed even more promising results:
· 33.56 g/t Au and 54.7 g/t Ag over 2.35m, within a thicker interval of 10.76m containing 9.26 g/t Au, 79.8 g/t Ag, and 344 g/t Be beginning at a depth of 27.96m
Currently there is 1.5Km of strike untested to the north, and approximately 2Km of strike untested to the south. Past production indicates gold grades from 10-27g/t Au, and silver grades averaging 420 g/t Ag.
Currently the company has 52.9M shares outstanding. As of today, (TSX.V: AZS) is trading at $0.31, giving it a market cap of $16.4M. The 52 week high/low is $0.40/$0.10 respectively. Management controls 30%, friends & family owns 38%, and retail investors control 32%. Management is extremely well versed in exploration and development assets.
Mike Stark
President, CEO, and Director
Mr. Stark has over 35 years of business experience in the private sector as an owner and operator of two successful companies, and 29 years in the public sector. Mr. Stark’s background includes corporate financing, investor relations, market support and corporate strategic development. Companies he has worked with in the past include; Exeter Resources (TSX: XRC) bought out by Goldcorp Inc. (TSX: G); Extorre Gold Mines (AMEX:XG) (TSX: XG) which got bought out by Yamana Gold Inc (TSX: YRI).
Greg Hahn, Certified Professional Geologist and Geological Engineer
VP Exploration and Director
Mr. Hahn has over 43 years of experience in exploration and mine development. Mr. Hahn has held senior level management positions with several public mining companies, where he has taken projects from mine development to financing and through to production, including permitting, engineering, construction and operations. Mr Hahn has previous been a founding director of Marathon PGM Corporation which got bought out by Stillwater Mining (NYSE: SBSW) for $170M; former President and CEO of Constellation Copper Corp. raised over $150M, and oversaw a team of 150 employees.
Mike Stark President, CEO, and Director stated - “With recent developments in Arizona Silver Exploration, the company has found the historical high grade vein, along with buying out future payments on the Philadelphia property which we now own 100%. Pending results in the lab on 3 holes already, acceleration of warrants exercised recently, I personally believe we have never been in a better position to advance shareholder value in Arizona Silver Exploration.”
The company is currently in the middle of an extensive drill program at Philadelphia. A total of 10 holes are currently planned in this round of drilling. The RC drill rig will drill pre-collar holes to within 100 feet of the target high grade vein, and the core rig will then re-enter these pre-collar holes to core through the targeted projection of the vein.
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