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Arizona Silver Exploration Inc.
Summary
| Project: | Ramsey | |
|---|---|---|
| Deposit: | Ramsey | |
| Location: | United States | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 2/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-2-2017: Arizona Silver Exploration Inc. announces an Exploration/Drilling Update report for its Ramsey deposit at the Ramsey project. Drilling results incl. 47.5m @ 32.4g/t Ag from 250m. Arizona Silver Exploration Inc. (the "Company") (TSX-V: AZS) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Hahn (Internal) | |
| ABSTRACT: | Arizona Silver Exploration Inc. (the "Company") (TSX-V: AZS) is pleased to announce the second batch of drill results from the first phase of drilling on the Ramsey Silver Project located in La Paz County, Arizona. Drill hole R1605-C intersected 156 feet (47.5 metres with approximate true width of 32 metres) containing 32.4 g/tonne (gpt) Ag between 250-406 feet (76-124 metres) depth. R1605-C was a vertical hole. Within this zone is a higher grade grey matrix silica zone 5 feet wide (1.5 metres) containing 280 gpt Ag. The entire intercept is within silicified rhyolite that is hanging-wall to the high-grade vein and associated footwall silver mineralization that was reported previously from hole R1602-C. Drill rods in hole R1605-C got stuck in a fault immediately below the intercept reported above, and the hole had to be abandoned. The lead, zinc, and gold content of the hanging-wall zone are negligible. This intercept is significant in that it demonstrates that appreciable thicknesses of silver occur in the rhyolite above the high-grade vein that was the focus of historic production in the old Ramsey Mine workings and the associated footwall silver intercepts that were reported from holes R1602-C. We are encouraged with the results of the initial drilling programme and have tagged what we think is the periphery of a much larger silver-bearing hydrothermal system centred on the large magnetic anomaly to the north. We will post cross sections to the web site after we have finalized them. | |
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