Arizona Silver Intercepts 78.7 Metres at 1.0 Gpt GOLD, 9.2 Gpt Silver IN Stockwork System Including 2.38 Metres at 6.7 Gpt GOLD and 22.6 Gpt Silver, at Philadelphia GOLD Project
NEWS RELEASE
ARIZONA SILVER INTERCEPTS
78.7 METRES AT 1.0 GPT GOLD, 9.2 GPT SILVER IN STOCKWORK SYSTEM INCLUDING
2.38 METRES AT 6.7 GPT GOLD AND 22.6 GPT SILVER, AT PHILADELPHIA GOLD
PROJECT
Vancouver, British Columbia , June 21 2022 – Arizona Silver Exploration Inc . (TSXV:
AZS) (OTCQB:AZASF) is pleased to announce that drilling at the Philadelphia gold project, Mohave
County, Arizona has again extended the dip extent of broad stockwork and high grade vein gold-silver
mineralization. Assays have been returned for hole PC22-91 with assays for two holes awaited.
Core Hole PC-22-91 (Terminated in Mineralization)
Core hole PC-22-91 was a deep test of the Philadelphia vein system, drilling down dip of the high-grade vein
encountered in core holes PC -22-86, PC-22-87, PC22-88, and in reverse circulation (RC) holes PRC21-81,
PRC21-82, and PRC21-83. The hole successfully intersected the vein 60 metres down dip of PC-22-88.
Drilling has now defined high-grade mineralization over a dip length of +200 metres with the system open at
depth. Furthermore, in PC-22-91 the lower grade (mostly footwall stockwork mineralization) extends over a
thickness of 78.7 metres, from slightly above the high -grade vein to the bottom of the hole . The grades and
vein breccia textures were improving towards the bottom when the hole was lost at 252.1 metres due to unstable
ground conditions. The hole had been designed to potentially continue in mineralization for a further 22 metres.
Details of the uncut drill length intercepts follow:
High grade vein interval: 176.59-178.96 metres, 2.38m, 6.71 gpt gold, 22.6 gpt silver
Total Mineralized Zone: 173.5-252.1 metres (end of hole): 78.7 m, 0.964 gpt gold, 9.20 gpt silver.
Mr. Greg Hahn, Vice President, Exploration commented, ”On the drill section containing hole PC-22-91the
vein continues uninterrupted for +200 metres down dip. However, based on vein textures, clay mineralogy,
and geochemistry we believe we are still above the heart of the boiling zone of the system where the highest
grades would be anticipated. In due course deeper drilling is a high priority.
“We have drilled the vein and the adjacent lower grade stockwork mineralization from two drill pads located
300 metres apart with complete success. All holes on these sections intersected gold-silver mineralization as
predicted. One of the two un-assayed drill holes (PC-22-92T) is an important confirmation of earlier RC
drill holes that intersected +100 metres of mineralization. The second awaited hole (PC-22-93), is located
350 metres to the north of PC-22-91 and intersected good stockwork quartz mineralization. I look forward to
drilling this northern extension of mineralization.”
Updated geologic sections and photos of core from the completed holes are posted to the web site at:
https://arizonasilverexploration.com/philadelphia/.
Program Going Forward
The Northern Extension
From the site of the deep drill hole reported in this release we have no drilling data northward but for
recently completed hole PC-22-93 referenced above, other than an area of historic drilling. Click here for
historic Meridian drill results. This open extension has both vein and stockwork mineralization over a width
of 30-80. metres. Up to 26 RC drill holes (~5000 metres) have been designed to test a target area
approximately 500 metres long north of drilling completed recently to a vertical depth of approximately 100
metres.
The Southern Gap
From the deep drill hole reported in this release we have no drilling to the south for a strike length of 300
metres. This southern gap is bounded to the south by an array of drill holes, including the confirmation drill
hole PC-22-92T (results awaited) mentioned above. Given that RC drilling on the northern gap is
considerably more cost effective to perform than the diamond drilling necessary for the southern gap, the
RC program will be scheduled first. Rig availability is anticipated in the Fall.
In the meantime, we will compile the results of historic drilling north of the northern gap. That drilling
returned potentially economic grade widths of stockwork mineralization in the vicinity of historic mining.
Results will be reported.
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.
About Arizona Silver Exploration Inc.
Arizona Silver is a young exploration company focused on exploring gold-silver properties in western Arizona
and Nevada. The flagship asset is the Philadelphia property. The company has recently received a positive
Record of Decision on its Notice of Intent to drill an initial twelve exploration holes on its recently acquired
Silverton gold -silver property that hosts Carlin-type targets. Drilling there wi ll be scheduled as time and
equipment allow.
Please take a moment and listen to Greg Hahn narrate our latest PowerPoint now available on the website
link: https://youtu.be/W2CHsoW3P3w and visit our website at: www.arizonasilverexploration.com
On behalf of the Board of Directors:
ARIZONA SILVER EXPLORATION 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 statem ents 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 2022 exploration program; the potential for development of the mineral resources;
the potential mineralization and geological merits of the exploration properties; 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 2022 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 o f 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
financing req uired 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 2022 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.