Arizona Silver drills 16.8 m of 45.8 g/t Ag at Ramsey
ARIZONA SILVER Exploration Inc. has released the results from the second phase of its drilling in 2017 on the Ramsey silver project in La Paz County, Ariz.
Further to the company’s news release dated July 4, 2017, wherein it was announced that the company drilled 145 feet of 62.5 grams per tonne silver, the company has drilled an additional five exploration drill holes, for a current total of 12 drill holes, from atop the ridge to the southeast of the Ramsey mine workings to test the potential for continuation of silver mineralization at depth beneath barren but altered rhyolitic volcanic rocks and postmineral cover. All five holes intersected silver mineralization as reflected in the attached table, which includes two holes drilled earlier in the year.
(See AZS Table 1 on page 4)
All of the holes drilled to date into the Ramsey mine/hill exploration target have intersected significant thicknesses of silver mineralization, which forms a shallow dipping tabular zone with
open extensions to the north, east and south. Additional drill work is required to determine true width of intercepts. Surprisingly, the holes completed recently all hit a shallow silver zone that is not evident on the surface or in holes drilled previously from lower on the hill side. Hole R1712 exemplifies this shallow silver zone, which remains wide open to additional drilling to the north, east and south.
Extensive and strong silica-and-iron alteration of the rhyolite across an area of about 700 metres by 250 metres that has never been drilled to the depths referenced in the intercepts above, and which appears to continue under post-mineral alluvial cover. This area represents a highly prospective target area for the continuation of silver mineralization encountered in the 2017 drill holes.
The Ramsey silver mineral system appears to be very large and is wide open to the east and south, where no previous drilling or mine development has occurred.
The company is encouraged with the results of the drilling east of the old Ramsey mine workings and has intersected what it thinks is the periphery of a much larger silver-bearing hydrothermal system centred on the strong alteration mapped to the east and south.
Western deep induced polarity anomaly — a large target
The company drilled one hole (R1713) into the western deep IP anomaly along IP line 1, located approximately 800 metres west of the Ramsey mine area. Assays are still pending for this drill hole.
We seek Safe Harbor.
Karen Baxter condensed this news release (email@example.com).
Joseph Andre Charland, Gregory Arthur Hahn, Keturah Nathe, Ronald Shorr, Michael K Stark
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