Obtains Approval from Blm of Notice of Intent and Reclamation Bond to Drill Ramsey Silver Project, LA Paz County, Arizona
Arizona Silver Exploration Inc.
Suite 303, 595 Howe Street, Vancouver, B.C. V6C 2T5
Phone: (604) 336-8619 Fax: (604) 718-2808
www.arizonasilverexploration.com
ARIZONA SILVER EXPLORATION INC.
OBTAINS APPROVAL FROM BLM OF NOTICE OF INTENT AND RECLAMATION BOND
TO DRILL RAMSEY SILVER PROJECT, LA PAZ COUNTY, ARIZONA
Vancouver, BC, April 04, 2017 – Arizona Silver Exploration Inc. (the "Company") (TSX-V: AZS) is pleased
to announce that it has obtained approval fro m the US Bureau of Land Management (“BLM”) for its
Notice of Intent and reclamation bond amount to drill eight exploration holes on unpatented mining
claims at the Ramsey Silver Project, located in La Paz County, Arizona.
BLM Notice of Intent and Reclamation Bond
On March 7 th the Company submitted a Notice of Intent (“NOI”) to BLM to drill eight exploration holes
on unpatented lode mining claims to test the large magnetic and coincident IP anomaly that we believe
is the northern extension and core of the silver mineralization system present at th e Ramsey Silver
Mine. A Decision approving the NOI was received on March 21, 2017, subject to posting and acceptance
of the requisite reclamation bond of US$14,206. A reclamation bond for US $14,206 in the form of a
certified check was submitted to BLM on March 27th, and acceptance of the bond was received on April
3, 2017.
Road Work and Site Preparation
A bid has been accepted to prepared two drill pads and upgrade ½ mile of access road, in accordance
with the NOI, for easier road access to the property and the proposed drill sites. Earthworks are
anticipated to be completed by mid -April, in anticipation of mobilizing a drill rig to the property by the
end of April.
Drilling Contract
Requests for bids were submitted to four qualified reverse circulation drilling contractors. Three bids
have been received to date. A fourth bid is expected this week. Contractor selection will be made by
Monday April 10 th, with a contract awarded by mid -April for mobilization of a drill and support
equipment to site by the end of April. Drilling is anticipated to commence the first week of May. Drilling
is expected to occur on a 10 -12-hour day shift for about 20 days in order to complete the planned
drilling program.
ADWR Well Permits
Once a drillin g contractor has been selected, the Company can apply to the Arizona Department of
Water Resources for well permits to cover the proposed exploration drill holes. That process takes less
than a week.
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Greg Hahn, President and C EO and a Certified Professional Geologist (#7122) is the Qualified Person
under NI43 -101 responsible for preparing and reviewing the geological data contained in this press
release.
Please visit the Company’s website to view IP response at www.arizonasilverexploration.com and join
our contact list for information and direct mailing of press releases.
ON BEHALF OF THE BOARD
ARIZONA SILVER EXPLORATION INC.
SIGNED: “Greg Hahn”
Greg Hahn, President and Chief Executive Officer
Contact: Mike Stark, non-executive Chair 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, and the TSX Venture
Exchange has in no way passed upon the merits of the transactions herein.
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 r elation to the timing, co st and other aspects
of the 2017 program on the Ramsey property; the potential for development of the mineral resources; the potential
mineralization and geological merits of the Ramsey property; 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 2017 geophysical and drilling program(s)
on the Ramsey property, 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, eq uipment 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 required to contin ue 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 Ramsey property 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 environm ental 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 new s release, the Company has made numerous assumptions,
including that the Company's 2017programs would proceed as planned and within budget. The Company expressly
disclaims any intention or obligation to update or revise any forward -looking statements wheth er as a result of new
information, future events or otherwise, except as otherwise required by applicable securities legislation.