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The latest update is out from Arizona Silver Exploration ( (TSE:AZS) ).
Arizona Gold & Silver Inc. has reported promising assay results from its ongoing core drilling program at the Philadelphia Project in northwestern Arizona. The drilling at the Rising Fawn target has consistently intersected thick intervals of gold mineralization, with results showing improved thickness compared to previous drilling. This consistency is notable for an epithermal gold system and supports the company’s objective to build a bulk tonnage, low-grade heap leachable resource. The results have positive implications for the company’s operations and its positioning within the industry, as it continues to pursue further exploration and resource development.
More about Arizona Silver Exploration
Arizona Gold & Silver Inc. is a leading exploration company focused on uncovering precious metal resources in Arizona and Nevada. The company is committed to sustainable practices and innovative exploration techniques, aiming to drive value for stakeholders while prioritizing environmental stewardship. Its flagship asset is the Philadelphia gold-silver property, where it is drilling an epithermal gold-silver system ahead of an initial resource calculation.
YTD Price Performance: -27.14%
Average Trading Volume: 43,354
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.7M
For a thorough assessment of AZS stock, go to TipRanks’ Stock Analysis page.