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Arizona Silver Exploration Inc.

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Summary

Project:

Ramsey

Deposit:Ramsey
Location:United States
Commodities:Silver-Lead-Zinc
Date:1/31/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:31-1-2017: Arizona Silver Exploration Inc. announces an Exploration/Drilling Update report for its Ramsey deposit at the Ramsey project. Drilling results incl. 15.3m @ 102g/t Ag, 0.12% Pb, 0.35% Zn. Arizona Silver Exploration Inc. (the "Company") (TSX-V
Resources:x
CP/QP:[Overall Report]: Greg Hahn (Internal)
ABSTRACT:Arizona Silver Exploration Inc. (the "Company") (TSX-V: AZS) is pleased to announce initial drill results from the first phase of drilling on the Ramsey Mine silver project located in La Paz County, Arizona. Drill hole R1602-C intersected 50 feet (15.3 metres approximate true width) containing 102 gpt Ag, 0.12% Pb and 0.35% Zn. Within this zone is a higher grade banded amethystine quartz vein 5 feet wide (1.5 metres) of 276 g/tonne (gpt) Ag and 0.5 gpt Au that appears to be the southern extension of the Ramsey vein that was mined historically. The gold content is noteworthy and much to our surprise, in that gold was not previously reported from mine shipments or rock samples from the Ramsey vein. The vein occurs within and near the top of the more extensive lower grade silver zone beneath it. The silver zone is contained within a much thicker section of low grade mineralization that is 91 feet (27.7 metres approximate true width) and grades 63 gpt Ag, 0.09% Pb, and 0.25% Zn. These results confirm the presence of a thick interval of silver, lead, and zinc, as identified by historic long hole drill holes, with newly identified locally elevated gold. This mineral system appears to be large and wide-open to the south of hole R1602-C, where no previous drilling or mine development has occurred.

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