High Grade Gold In Two Zones Intersected At Philadelphia Project

VANCOUVER – Arizona Silver Exploration Inc. has received final assays from 12 reverse circulation (RC) drill holes at the Philadelphia epithermal gold-silver project in Mohave County, Arizona. The drilling program intersected high grade gold values in both footwall (FW) and hanging wall (HW) veins, with mineralized stockwork between. Five holes were completed on one of three patented claims known as the Rising Fawn Zone and seven in the GAP located in the Perry Zone. All 12 holes intersected gold mineralization in previously undrilled areas.

Highlights include 51 grams per tonne (gpt) gold  and 16.1 gpt silver in the FW vein from 54.88 meters (m) to 56.40m and 18.2 gpt gold and 46.6 gpt silver in the HW vein from 13.72m to 15.24m, in hole PRC23-97. The entire interval from 10.67m to 60.98m (50.31m) averages 2.89 gpt gold and 6.74 gpt silver.

Greg Hahn. VP-Exploration, said, “Our drilling on these previously undrilled areas has delivered precisely what we were targeting – continuity of good grade mineralization.  On the Rising Fawn Zone beneath and along strike of mine workings we have demonstrated continuity of robust gold mineralization from near surface to depths of 70-100 meters. In the Perry Zone our successful drilling of the GAP has been particularly encouraging.  We confirmed the continuity of mineralization in that previously undrilled area.  Importantly, the system remains open along strike in both directions and down dip.”