ARIZONA GOLD & SILVER DRILLS FROM SURFACE: 62.18m at 1.27 gpt gold AND FROM SURFACE: 40.39m at 1.0 gpt gold “
NEWS RELEASE
ARIZONA GOLD & SILVER DRILLS
FROM SURFACE: 62.18m at 1.27 gpt gold
AND
FROM SURFACE: 40.39m at 1.0 gpt gold “
Vancouver, British Columbia, February 13, 2025 – Arizona Gold & Silver Inc. (TSXV: AZS) (OTCQB:
AZASF) is pleased to report continuous gold mineralization at potentially bulk mineable grades
from core drilling on the Philadelphia Project in northwestern Arizona.
Two drill holes, PC24-141 and PC24-142, were completed approximately 100 metres (“m”) north
of previous drill hole PC24-140 and two new holes GB-1 and GB -2. PC24-140 was previously
reported. Both new holes intersected wide intercepts as follows:
• PC24-142 (starting at surface): 62.18m at 1.27 gpt gold and 4.06 gpt Ag
• PC24-141 (starting at surface): 40.39m at 1.0 gpt and 2.76 gpt Ag.
Both drill holes tested the Rising Fawn target, situated on patented mining claims within the main
gold trend on the Philadelphia Project.
Approximately 100m south of these holes , a prominent outcrop of the hanging wall high vein
was channel sampled. It returned high grade assays, 9.94 gpt gold and 79.4 gpt silver over 1.83m.
This led to drilling core holes GB-1 and GB-2 some 5m from the outcrop.
The new drill holes returned high grades - 2.07m at 17.45 gpt gold and 46.2 gpt silver, and 2.05m
at 16.55 gpt gold and 42.7 gpt silver respectively. The next phase of drilling will focus on
targeting the down-dip extension of these high-grade intercepts.
All Drill Results (starting at surface):
Hole ID From(m) To(m) Thickness(m) Gold gpt Ag gpt
PC24-142 Surface 62.18 62.18 1.27 4.06
PC24-141 Surface 40.39 40.39 1.0 2.76
GB-1 Surface 2.07 2.07 17.65 46.2
GB-2 Surface 2.05 2.05 16.55 42.7
The potentially bulk mineable grades in PC24 -142 and PC 24-4 start at surface and
compare favorably to previously reported PC24-140 (starting from surface 55.8m at 1.27gpt gold
and 2.5 gpt silver).
Results from three additional holes sent to ALS labs are pending. In addition, three holes have
been submitted to Skyline Labs in Tucson and are in preparation.
Mr. Greg Hahn, VP Exploration commented, “Our goal at Philadelphia is to develop a bulk
tonnage gold resource for large scale heap leach development. A potential grade of +0.5 gpt gold
would be consistent with mining operations in this district. These results indicate we are firmly on
track to achieve a successful outcome. Of course, a lot more drilling and engineering is ahead
of us to determine the project economics. Drilling is continuing."
Exploration Going Forward
Current drilling is testing down dip of the Rising Fawn mineralized intercepts reported herein.
Drilling of the Red Hills target awaits assay results to guide the siting of ongoing drilling in that
area.
QA/QC Program
All assaying was conducted by ALS Global, an independent analytical laboratory. Core was
trucked to the ALS sample preparation facility in Tucson, Arizona, where the samples are
inventoried, dried, crushed and pulverized. Pulverized splits are sent to the ALS analytical facility
in Vancouver, British Columbia for analyses. All material handling is done under a strict chain of
custody protocol. Gold is determined by fire assay with an AA finish, and silver is determined by
ICP-MS methods within a 31-element suite.
The Company maintains its own program of inserting Standard Reference material in the form of
standards and blanks to the sampling stream, prior to being shipped to ALS's preparation facility
in Tucson, Arizona, in addition to the independent QA/QC protocols of ALS Global.
Qualified Person
Gregory Hahn, VP-Exploration and a Certified Professional Geologist (7122) is a Qualified Person
under National Instrument 43 -101 ("NI 43 -101") and has reviewed and approved the technical
information contained in this news release.
Please refer to our website for all images related to this news release:
https://arizonagoldsilver.com/philadelphia/
About Arizona Gold & Silver Inc.
Arizona Gold & Silver Inc. is a leading exploration company focused on uncovering precious metal
resources in Arizona and Nevada. With a commitment to sustainable practices and innovative
exploration techniques, the company aims to drive value for stakehol ders while prioritizing
environmental stewardship. The flagship asset is the Philadelphia gold-silver property, where the
Company is drilling off an epithermal gold-silver system ahead of an initial resource calculation.
On behalf of the Board of Directors:
ARIZONA GOLD & SILVER INC.
Mike Stark, President and CEO, Director
Phone: (604) 833-4278
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release includes certain forward-looking statements or information. All statements other than statements
of historical fact included in this release are forward-looking statements that involve various risks and uncertainties.
Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects
of the 2025 exploration program; the potential for development of mineral resources; the potential mineralization
and geological merits of the exploration prop erties; and other future plans, objectives or expectations of the
Company. There can be no assurance that such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's plans or expectations include the risk that actual results of current
and planned exploration activities, including the results of the Company's 2025 drilling program(s) on its properties,
will not be consistent with the Company's expectations; the geology, grade and continuity of any mineral deposits
and the risk of unexpected variations in mineral resources, grade and/or recovery rates; fluctuating metals prices;
possibility of accidents, equipment b reakdowns and delays during exploration; exploration cost overruns or
unanticipated costs and expenses; uncertainties involved in the interpretation of drilling results and geological tests;
availability of capital and financing required to continue the Company's future exploration programs and preparation
of geological reports and studies; delays in the preparation of geological reports and studies; the metallurgical
characteristics of mineralization contained within the exploration properties are yet to be fully determined; general
economic, market or business conditions; competition and loss of key employees; regulatory changes and
restrictions including in relation to required permits for exploration activities (including drilling permits) and
environmental liability; timeliness of government or regulatory approvals; and other risks detailed herein and from
time to time in the filings made by the Company with securities regulators. In connection with the forward-looking
information contained in this news release, the Company has made numerous assumptions, including that the
Company's 2025 programs would proceed as planned and within budget. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise, except as otherwise required by applicable security's legislation.