Arizona Silver Announces “Buy Out” of Existing NSR ON Its 100% Owned Philadelphia Property
#804 – 750 West Pender Street, Vancouver, BC, V6C 2T7
T: 604.682.2928 / F : 604.685.6905 / W : www.arizonasilverexploration.com
ARIZONA SILVER ANNOUNCES “BUY OUT” OF EXISTING NSR
ON ITS 100% OWNED PHILADELPHIA PROPERTY
Vancouver, British Columbia / November 12, 2020 – Arizona Silver Exploration Inc. (the
“Company” or “Arizona Silver”) (TSX -V: AZS) (OTCQB: AZASF) is very pleased to
announce that it has bought out the existing NSR on the Philadelphia property.
“We are pleased to continue to build shareholder value in Arizona Silver Exploration . This NSR
buy-out shows continued commitment from management to raise future opportunity for investment
in Arizona Silver Exploration. You simply can’t put a value to this 1% NSR until a resource is
determined, but the path forward to future development has no outstanding encumbrances . We
have no future lease or NSR payments due on our Philadelphia property ,” stated Mike Stark,
President and CEO.
Current Drilling Update
Arizona Silver has drilled two RC holes on Section 100N and one core hole on Section 200N.
Samples from all three holes have already been delivered to ALS's sample prep facility in Tucson,
AZ. In addition, we have completed six pre -collar RC holes to depths betwee n 100 -300 ft on
Sections 300N and 400N. See link to sections: http://arizonasilverexploration.com/philadelphia-
property/
The six remaining holes will be cased and then cored through the targeted high-grade vein. The
core rig is currently completing the second core hole on Section 200N, and has the six pre -collar
holes yet to drill. The company expects results to start coming in prior to Christmas and to continue
well into the new year.
Greg Hahn, VP Exploration and a Certified Professional Geologist (CPG#7122), and a Qualified
Person, has reviewed an approved the content of this release.
On behalf of the Board of Directors:
ARIZONA SILVER EXPLORATION INC.
Mike Stark, President, CEO and 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.
#804 – 750 West Pender Street, Vancouver, BC, V6C 2T7
T: 604.682.2928 / F : 604.685.6905 / W : www.arizonasilverexploration.com
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 2020 exploration program; the
potential for development of the 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 2020 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; possibi lity of accidents, equipment breakdowns 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 financi ng
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 explo ration 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 dr illing 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 2019 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 securities legislation.