AZSArizona Silver Exploration Inc.

Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF, FRA:A9J0) announced that it has closed its previously announced strategic private placement with Evolution Mining Gold Operations, raising approximately C$12 million to fund exploration at its Philadelphia Gold-Silver Project in...

Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF, FRA:A9J0) earlier this week highlighted new diamond drilling results from the Perry Zone at its Philadelphia Gold-Silver Project in the Oatman District of northwest Arizona, with senior vice president of exploration Lex Lambeck pointing to...

Arizona Gold and Silver SVP of Exploration Dr. Lex Lambeck joined Steve Darling from Proactive to discuss new drill results from the Philadelphia Project in Arizona, where four diamond drill holes have extended both high-grade and broad gold mineralization approximately 150 metres vertically above previously reported high-grade intersections in the Perry Zone. Key results included PC26-169, which returned 21.79 metres grading 4.10 g/t gold and 5.8 g/t silver within a broader interval of 73.46 metres grading 1.69 g/t gold, and PC26-167, which returned 15.24 metres grading 2.66 g/t gold and 5.6 g/t silver within 66.81 metres grading 1.12 g/t gold. Lambeck said the new results strengthen the company’s geological model by confirming the geometry and continuity of the Perry Zone and demonstrating a substantial mineralized envelope surrounding the high-grade core of the system along the Arabian Fault. With recently expanded Bureau of Land Management permits now in place, Arizona Gold and Silver has access to 16 additional drill pads and has shifted drilling toward testing the projected down-dip continuation of the Perry Zone beneath the Red Hills alteration cap. The company is also evaluating a CSAMT geophysical target beneath Red Hills, which management views as a significant exploration target. Lambeck said the deeper drilling phase now underway represents an important next step in expanding the high-grade core of the Perry Zone while testing the broader district-scale potential of the Philadelphia gold-silver hydrothermal system through the remainder of 2026. #proactiveinvestors #arizonagoldandsilverinc #tsxv #azs #otcqb #azasf #PhiladelphiaProject #Gold #Silver #Mining #ArizonaMining #Drilling #ResourceExpansion #MiningNews

Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF, FRA:A9J0) said it has extended both high-grade and broad zones of gold mineralization at its Philadelphia project in Arizona, roughly 150 metres vertically above previously reported high-grade intersections in the Perry Zone. Hole...

Wholesale inflation came in slightly softer than expected in July, with producer prices rising 4.7% year over year

Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF, FRA:A9J0) CEO Mike Stark joined Steve Darling from Proactive to discuss a C$12 million strategic investment from Evolution Mining, which will acquire 15,056,004 units of the company through a non-brokered private placement at C$0.80 per unit. Stark said the investment will give Evolution an approximately 9.9% equity interest in Arizona Gold and Silver on a non-diluted basis upon closing. Under the agreement, at least 90% of the proceeds, or roughly C$10.8 million, will be directed toward accelerating exploration at the company's flagship Philadelphia Gold-Silver Project in Arizona. The expanded exploration program will focus on growing the high-grade Perry Zone, testing the three-kilometre Arabian Fault corridor, evaluating the broader potential beneath Red Hills, and advancing exploration of the Eastern and Northeastern hyperspectral anomaly targets. As part of the strategic partnership, Evolution will receive several investor rights, including the ability to participate in future equity financings to maintain its ownership position, top-up rights in the event of dilution, the right to nominate members to Arizona Gold and Silver's technical team, and a right of first refusal on the sale of a 10% or greater interest in the Philadelphia Project. Stark said the financing significantly strengthens the company's balance sheet while aligning Arizona Gold and Silver with a major international gold producer as it advances one of Arizona's most promising exploration projects. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy #proactiveinvestors #arizonagoldandsilverinc #tsxv #azs #otcqb #azasf #GoldExploration #PhiladelphiaProject #EvolutionMining #PreciousMetals #MiningNews #Exploration

Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF, FRA:A9J0) has landed a C$12 million investment from gold major Evolution Mining, which is taking a near-10% stake in the junior to help fund a major drilling push at its Philadelphia Gold-Silver Project in Arizona. Under the deal,...

Arizona Gold and Silver SVP of Exploration Dr. Lex Lambeck joined Steve Darling from Proactive to discuss the company’s newly approved Bureau of Land Management (BLM) permit, which paves the way for the next phase of drilling at the Philadelphia gold-silver project in Arizona. Lambeck explained that the permit modifies the existing environmental assessment and authorizes access to 16 new drill pads, allowing the company to test several high-priority exploration targets across the property. The upcoming program will focus on drilling behind the Red Hills area, targeting the down-dip extension of the Perry Zone while also evaluating a potential bulk-tonnage gold target beneath Red Hills. Lambeck said previous drilling, particularly holes 156 through 158, played a key role in refining the geological model and identifying the next generation of drill targets. The new drill pads also provide access to approximately 1.6 kilometres of strike length south of the Perry Zone, creating multiple opportunities to test the continuity of mineralization and evaluate the broader district-scale potential of the Philadelphia property. “The project is literally only just getting started to really explore that district-scale potential of the Philadelphia property,” Lambeck said. He added that the company is fully funded for the current exploration program, with drill pad construction and site preparations already underway ahead of drilling. Management believes the newly approved permit significantly expands the project's exploration potential by enabling testing of deeper epithermal targets and previously inaccessible areas that could host additional gold-silver mineralization. #proactiveinvestors #arizonagoldandsilverinc #tsxv #azs #otcqb #azasf #GoldExploration #PhiladelphiaProject #PhiladelphiaProject #GoldMining #ArizonaMining #ExplorationDrilling #GoldMining #BLM #MiningNews #ResourceDiscovery #PreciousMetals

Arizona Gold and Silver CEO Mike Stark joined Steve Darling from Proactive to discuss encouraging metallurgical test results from the Philadelphia gold-silver project in Mohave County, Arizona, highlighting strong gold recoveries through both agitation and heap leach processing. Stark said agitation leach cyanidation achieved gold recoveries of 91% to 99% using modest grind sizes of 0.40 to 0.136 mm (40–110 mesh). More than 50% of the total gold was recovered within the first 10 days of column leaching, demonstrating rapid extraction characteristics. Heap leach testing also delivered positive results, with 84% gold recovery from bulk material crushed to -6.3 mm using high-pressure grinding rolls (HPGR) over a 177-day leach cycle. Regression analysis indicates recoveries could increase to approximately 86% over 360 days. Silver recoveries ranged from 49% to 72% through agitation leaching, while heap leach processing achieved 37% silver recovery. Testing also showed that HPGR crushing improved gold recovery by 12% compared with conventional crushing methods, while silver recovery improved by approximately 3%. Agglomeration and compaction testing demonstrated that the crushed material is suitable for heap stacking heights of 10 to more than 30 metres with the addition of only 2 to 4 kilograms of cement per tonne, supporting the project's heap leach potential. Based on the results, management believes higher-grade material could be processed through agitation cyanide leaching to maximize gold and silver recovery, while lower-grade ore could be treated economically through HPGR-assisted heap leaching. The metallurgical work was conducted on a 415.5-kilogram bulk sample collected from the current surface operation. Head assays returned 1.929 to 1.988 g/t gold and 2.82 to 3.34 g/t silver, exceeding the original target grade of 1.0 to 1.2 g/t gold. The company said the higher grades are consistent with previous sampling, reflecting the presence of fine and wire gold within the deposit. #proactiveinvestors #arizonagoldandsilverinc #tsxv #azs #otcqb #azasf #GoldExploration #PhiladelphiaProject #PhiladelphiaProject #GoldMining #SilverMining #HeapLeach #Metallurgy #MiningNews #GoldRecovery #ArizonaMining #Exploration