Ari­zona Sil­ver drills 16.8 m of 45.8 g/t Ag at Ramsey

Stockwatch Daily - - MINES & METALS - Mr. Greg Hahn re­ports

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 (karenb@stock­watch.com).

Joseph An­dre Char­land, Gre­gory Arthur Hahn, Ke­tu­rah Nathe, Ronald Shorr, Michael K Stark

(AZS) Shares: 28,871,834

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