Arizona Gold & Silver receives approval for expanded drilling at Philadelphia Gold project
Arizona Gold and Silver CEO Mike Stark joined Steve Darling from Proactive to announce that the company has received approval from the U.S. Bureau of Land Management (BLM) to expand exploration drilling at its Philadelphia Gold-Silver Project in northwestern Arizona. The approved modification to the company’s Exploration Plan includes the construction of 16 new drill pads, along with associated sumps and access roads, covering approximately 14 acres of disturbance. The BLM determined that the expansion qualifies as a minor modification under the existing Exploration Plan, and all required drilling permits and bonding requirements have been completed. The company is now awaiting final administrative confirmation before beginning road and pad construction. Stark said the expanded drilling program is designed to test several high-priority targets, including the down-dip extension of high-grade mineralization encountered in recent drill holes PC25-156 through PC25-159, the 1.5-kilometre strike length of alteration along the southern extension of the Arabian Fault, and a CSAMT geophysical anomaly identified beneath the altered and iron-stained Red Hills area. The initial focus will be on drilling below hole PC25-156, which returned an impressive intercept of 20.43 metres grading 9.04 g/t gold and 34.0 g/t silver, within a broader interval of 60.37 metres grading 4.36 g/t gold and 6.38 g/t silver. Management believes the approved program provides an important opportunity to expand known mineralization and further evaluate the district-scale potential of the Philadelphia project, one of the company’s key exploration assets in Arizona. #proactiveinvestors #arizonagoldandsilverinc #tsxv #azs #otcqb #azasf #GoldExploration #PhiladelphiaProject #GoldDrilling #BLMPermits #PhiladelphiaProject #GoldMining #SilverMining #ArizonaMining #ExplorationDrilling #MiningNews #ResourceDiscovery #GoldStocks
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