http://www.proactiveinvestors.com Proactiveinvestors RSS feed en Sat, 23 Jun 2018 11:49:17 -0400 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Arizona Silver Exploration's Sycamore Canyon sampling beats expectations ]]> http://www.proactiveinvestors.com/companies/news/198300/arizona-silver-exploration-s-sycamore-canyon-sampling-beats-expectations-198300.html Arizona Silver Exploration Inc (CVE:AZS, OTCQB:AZASF) says recent sampling results from the Sycamore Canyon gold-silver property have beaten expectations.

The work continues to widen the target zone, it said.

Highlights included five samples from outside the breccia zone, which returned values greater than 0.1 gpt (grams per ton) gold with a high of 1.2 gpt of the yellow metal.

Eight of 52 samples returned values more than 30 grams per tonne (gpt) silver, with a high of 156 gpt silver, while another six samples returned values between 10 and 30 gpt silver.

"We are very pleased with these most recent results, which exceed our expectations," said Mike Stark, the chairman.

"The results demonstrate Sycamore Canyon has even greater potential than previously thought. These surface results bode well for a targeted drill programme, which we are actively planning now for the near term."

Arizona added that it had applied for a 10-year right of way to upgrade and maintain commercial access across State of Arizona lands to the Sycamore Canyon property .

It has also submitted a plan of operations to the US Forest Service for an initial drilling programme on the north breccia zone along existing road access.

The company also announced a non-brokered private placing of up to 3.4mln shares at 13 cents a share for gross proceeds of up to C$442,000.

Management and directors are taking part in the financing for a minimum of C$60,000.

Arizona shares added over 8% to C$0.13.

]]>
Tue, 05 Jun 2018 10:42:00 -0400 http://www.proactiveinvestors.com/companies/news/198300/arizona-silver-exploration-s-sycamore-canyon-sampling-beats-expectations-198300.html
<![CDATA[News - Arizona Silver Exploration shares boosted by more positive Sycamore Canyon findings ]]> http://www.proactiveinvestors.com/companies/news/196747/arizona-silver-exploration-shares-boosted-by-more-positive-sycamore-canyon-findings-196747.html Arizona Silver Exploration Inc (CVE:AZS, OTCQB:AZASF) has reported more encouraging findings from the Sycamore Canyon project in Arizona - expanding the gold-silver target to twice its previous width.

Shares closed Wednesday up almost 3% at C$0.18 having earlier been 8% higher.

READ - Arizona Silver Exploration unveils first findings from exploration at Sycamore Canyon project

The latest results are from rock chip sampling  where results include 15.45 grams per tonne (g/t) gold and 396 g/t silver.

There was an average value of 0.893 g/t  of the yellow metal and 82 g/t silver from the 42 samples, while  the highest gold and silver values are at the southern end of the outcrop, where shallow alluvium covers the extension as it dips beneath cover.

The outline of the gold-and-silver-anomalous samples at the south breccia zone has expanded in places to twice the width, or more than 100m, in places, the firm highlighted.

WATCH - Arizona Silver reports positive first findings at Sycamore Canyon

"We are very pleased with current results showing Sycamore Canyon is expanding," said Mike Stark, Arizona's chairman.

"The company is pursuing permits for access roads and drill pad locations, and is currently conducting additional sampling on the property. We look forward to very busy times ahead."

A total of 73 samples that were conducted before Arizona Silver, which defined the gold-and-silver-bearing breccias with average values of 0.926 g/t (0.027 ounce per ton) gold and 84.34 g/t (2.46 ounces per ton) silver with values up to 31 g/t (0.90 ounce per ton) gold and 458 g/t (13.36 ounces per ton) silver.

Arizona Silver shares were unchanged at C$0.18.

]]>
Thu, 10 May 2018 08:31:00 -0400 http://www.proactiveinvestors.com/companies/news/196747/arizona-silver-exploration-shares-boosted-by-more-positive-sycamore-canyon-findings-196747.html
<![CDATA[Media files - Arizona Silver reports positive first findings at Sycamore Canyon ]]> http://www.proactiveinvestors.com/companies/stocktube/9096/arizona-silver-reports-positive-first-findings-at-sycamore-canyon-9096.html Wed, 18 Apr 2018 16:41:00 -0400 http://www.proactiveinvestors.com/companies/stocktube/9096/arizona-silver-reports-positive-first-findings-at-sycamore-canyon-9096.html <![CDATA[News - Arizona Silver Exploration unveils first findings from exploration at Sycamore Canyon project ]]> http://www.proactiveinvestors.com/companies/news/195080/arizona-silver-exploration-unveils-first-findings-from-exploration-at-sycamore-canyon-project-195080.html Arizona Silver Exploration Inc (CVE:AZS, OTCQB:AZASF) reported the first encouraging findings from initial geophysical surveying at the new Sycamore Canyon gold-silver property in Graham county.

As revealed last month, it has struck a lease with option to purchase agreement for the site, which it believes has 'tremendous' potential.

Arizona completed 11km of VLF-EM survey lines across the prime gold-silver bearing breccia and silicified zone in the heart of the property, it said.

"The survey grid covers an area 600 metres long by 500 metres wide, with geophysical lines on 25-metre spacing and stations every 10 metres. Notably, the survey detected the main target zone from one end of the grid to the other, and clearly shows the target extends beyond the limits of the initial grid."

As well as defining the geometry of the prime target area and the open extensions of this target to both the north and south, the survey identified several parallel but weaker structures that could represent additional targets within the grid area, added the firm.

The firm has also submitted 98 rock samples to ALS Minerals’ sample preparation facility in Tucson.

Historic rock sampling by the underlying owners detected gold and silver values up to 31 gpt (grams per ton) gold and 458 gpt silver, but the descriptions of those samples were inadequate to correlate precious metal values with discernible geology, said the company.

"We were particularly attracted to the Sycamore Canyon property because the geology has some similarities to the upper portions of gold-silver ores from the Comstock lode in Nevada," said Greg Hahn, president and chief executive.

"At Comstock, the upper portions of the precious metal lodes were characterized by brecciated quartz veins and encasing silicified wallrock with erratic to absent precious metal and base metal values. 

"Many of the high-grade lodes discovered by underground drifting had no visible manifestation either at the surface or vertically above the high-grade stopes when intersected by subsequent exploration drill holes looking for up-dip extensions. 

"We believe we may be at the very top of the level where precious metals and base metals were precipitated from solutions at Sycamore Canyon.  The prime target on the property has never been drilled and we look forward to being able to drill this target area later this year.”

Shares in Toronto were unchanged at C$0.13.

]]>
Mon, 16 Apr 2018 14:00:00 -0400 http://www.proactiveinvestors.com/companies/news/195080/arizona-silver-exploration-unveils-first-findings-from-exploration-at-sycamore-canyon-project-195080.html
<![CDATA[News - Arizona Silver Exploration drills 51.83 meters at 19.4 grams per ton at Ramsey ]]> http://www.proactiveinvestors.com/companies/news/194529/arizona-silver-exploration-drills-5183-meters-at-194-grams-per-ton-at-ramsey-194529.html Arizona Silver Exploration Inc (CVE:AZS, OTCQB:AZASF) has posted the results from seven holes, which make up the first quarter drilling program at its flagship Ramsey project in the US state.

One hole hit an intercept 51.83 m (meters)  thick of 19.4 g/t (grams per ton) Ag (silver) at Ramsey.

All holes hit intervals of mineralization

Another highlight threw up 24.39m at 18.6 g/t silver.

The average assay over the seven holes was around 22 metres at 18 g/t silver, or 0.53 opt (ounces per ton).

All holes hit intervals of mineralization within a package of altered rhyolite and quartz latite, which were peripheral to higher grade mineralized intervals reported previously, Arizona said.

"The seventh hole was drilled at an angle to the northwest to test the potential northward strike extension to the Ramsey Mine silver system, and also appears to have intersected the low-grade margin of the higher-grade silver system," said Greg Hahn, the president and chief executive.

"These holes all appear to represent the true thickness of the mineral system at these locations."

Creosote vein update

The resource firm also updated on the creosote vein, which has yet to be drill tested and lies southeast of the Ramsey mine.

Surface sampling has shown elevated Ag-Pb-Zn-Ba - silver, lead, zinc, barium and the vein has had limited historic production of around 10 opt (ounces per ton) silver.

Sampling by Arizona Silver returned values of up to 877 gpt (grams per ton) silver in outcrops of what might be the extension to the Creosote Vein.

Meanwhile, a similar-sized area north of the Creosote vein contains a strong Ag-Pb-Zn-Ba surface anomaly, the firm added.

Ten further holes have been permitted and are tentatively planned for the second quarter of 2018 to test the areas featuring the surface geochemical anomalies, the group added.

]]>
Mon, 09 Apr 2018 09:12:00 -0400 http://www.proactiveinvestors.com/companies/news/194529/arizona-silver-exploration-drills-5183-meters-at-194-grams-per-ton-at-ramsey-194529.html
<![CDATA[News - Arizona Silver Exploration excited about potential of Sycamore Canyon property ]]> http://www.proactiveinvestors.com/companies/news/193973/arizona-silver-exploration-excited-about-potential-of-sycamore-canyon-property-193973.html Junior firm Arizona Silver Exploration Inc (CVE:AZS, OTCQB:AZASF) is set to acquire a new gold-silver property in Arizona, which it believes to have 'tremendous' potential.

The company has struck a lease with option to purchase agreement for the Sycamore Canyon gold-silver epithermal property in Graham county.

READ: Arizona Silver Exploration completes first quarter drill programme; awaits assays

Sycamore lies around 20 miles northeast of the town of Willcox and mainly consists of 10 unpatented claims on US Forest Service public lands.

The property contains a prominent breccia body that is over 600 meters long and between 20-80 meters wide, it added.

"We are very excited with Sycamore Canyon and believe this property has tremendous potential in both gold and silver mineralisation," said Mike Stark, chairman of Arizona.

He said that sampling throughout the breccia so far had demonstrated values up to 31 grams per tonne (gpt) gold, or 0.903 ounces per ton (opt) gold, and 458 gpt (13.34 opt) silver from within the silicified breccia.

READ: Arizona Silver Exploration bolsters board with Scott Hean

The average of all 31 rock chip samples taken from the body and the surrounding silicified granite is 1.77 gpt (grams per ton) gold and 89.5 gpt silver.

Despite attractive historic assays, the silicified breccia has yet to be tested with a drill hole, Arizona noted.

It's a busy spell for the firm. Earlier this month, it told investors it had completed, within budget, the first quarter 2018 reverse circulation (RC) drill programme at its flagship Ramsey silver project in La Paz county.

All holes hit the target zone and the firm will announce the results as soon as all "seven" holes have been assayed, it said.

Meanwhile, a second phase of 10 RC holes has been permitted on patented claims, pending receipt of these results and fine-tuning of the drill locations.

The first phase, for which assays are now awaited, initially consisted of six holes sunk to the northeast of the previous series of 11 holes, which all hit silver across tens of metres.

Arizona Silver Exploration shares shed 5.56% to stand at C$0.17.

]]>
Wed, 28 Mar 2018 13:06:00 -0400 http://www.proactiveinvestors.com/companies/news/193973/arizona-silver-exploration-excited-about-potential-of-sycamore-canyon-property-193973.html
<![CDATA[News - Arizona Silver not standing still in 2018 as it inks next US property deal ]]> http://www.proactiveinvestors.com/companies/news/193975/arizona-silver-not-standing-still-in-2018-as-it-inks-next-us-property-deal-193975.html We are only three months in but junior Arizona Silver Exploration Inc (CVE:AZS, OTCQB:AZASF) hasn't let the grass grow under its feet in 2018.

At its flagship Ramsey silver project, it has been busy with the drillbit aiming to further understand the property's potential, also the firm has bolstered its board, started trading on the OTCQB venture market, and has just announced a new lease deal for a property in Arizona.

The latter is on the Sycamore Canyon gold-silver epithermal property in Graham county, where the firm will have the option to buy it.

Previous sampling has shown values up to 31 grams per tonne (gpt) gold, or 0.903 ounces per ton (opt) gold, and 458 gpt (13.34 opt) silver from within the silicified breccia, but despite attractive historic assays, the silicified breccia has yet to be tested with one drill hole, Arizona noted.

Ramsey drilling has impressed..

Meanwhile, at Ramsey last year, as well as a number of promising intersections in various programmes,  drilling showed that the silver system was open in three directions.

These were south, east and north of the original Ramsey mine and that mineralisation was close to the surface, which means it may be suitable for an open-pit.

In January, the firm started the rigs turning again and earlier this month, it said it had completed, within budget, a first quarter 2018 reverse circulation (RC) drill programme.

All holes hit the target zone and the firm will announce the results as soon as all "seven" holes have been assayed, the mining firm said.

Meanwhile, a second phase of ten holes has been permitted on patented claims, pending the results of the first and deciding on drill targets.

WATCH: Arizona Silver encouraged by latest Ramsay drill assays

In February, the firm bolstered its board with the appointment of experienced executive Scott Hean as director, who has 40 years' experience in junior mining exploration finance, international banking and international finance.

That came just days after the group appointed professional engineer David Vincent as a director.

As a senior executive with BAE Systems plc (LON:BA), the global aerospace company, he gained significant experience in various areas, including feasibility studies, project financing, project management and marketing within the UK, the Middle East and Europe.

Not forgetting blockchain..

The group also revealed in February this year that it had embraced the blockchain phenomenon.

It has become a founding member of an ethereum blockchain strategic alliance for gold-and-silver-asset-backed cryptotokens.

The alliance’s members will seek to collaborate on the future offerings of cryptotokens and potential future initial token offerings (ITO).

These offerings may be backed by gold and/or silver forward delivery, using gold and/or silver royalty streaming and other asset backed models, to develop future financing models for financing future exploration, feasibility studies, mine development and/or mine expansion, by members.

Other founder members are Canamex Gold Corp, Guyana Goldstrike Inc, Cabral Gold Ltd and Altamira Gold Corp.

]]>
Wed, 28 Mar 2018 12:09:00 -0400 http://www.proactiveinvestors.com/companies/news/193975/arizona-silver-not-standing-still-in-2018-as-it-inks-next-us-property-deal-193975.html
<![CDATA[News - Arizona Silver Exploration completes first quarter drill program; awaits assays ]]> http://www.proactiveinvestors.com/companies/news/193091/arizona-silver-exploration-completes-first-quarter-drill-program-awaits-assays-193091.html Arizona Silver Exploration Inc (CVE:AZS, OTCQB:AZASF) told investors it had completed, within budget, the first quarter 2018 reverse circulation (RC) drill program at its Ramsey silver project in La Paz county.

All holes hit the target zone and the firm will announce the results as soon as all "seven" holes have been assayed, it said.

READ: Arizona Silver Exploration kicks off RC drilling programme at Ramsey property

A second phase of 10 RC holes has been permitted on patented claims, pending receipt of these results and fine-tuning of the drill locations.

The first phase, for which assays are now awaited, initially consisted of six holes sunk to the northeast of the previous series of 11 holes, which all hit silver across tens of metres.

All six intersected the iron-rich Tertiary rhyolite, and drilled through the target interval of altered biotite latite before penetrating the detachment fault and underlying Precambrian granite, terminating at depths between 161-198 metres, the firm said.

A further hole (R1807 to make seven in all) was drilled to take advantage of an existing pad and drill fluid sump and angled across the projection of the northern extension of the old Ramsey Mine workings.

This is around 100 metres north of the main shaft location and about 50 metres north of the northern end of the old mine workings, where the high-grade zone was lost due to a fault offset.

READ: Arizona Silver Exploration bolsters board with Scott Hean

Last month, Arizona Silver bolstered its board with the appointment of experienced executive Scott Hean as director.

He has more than 40 years of experience in junior mining exploration finance, international banking and international finance.

In December 2015, Hean retired as senior vice president and managing director with the Bank of Montreal, where he was responsible for the natural resources sector financings in North America.

Before that, he served with JP Morgan of New York, primarily financing junior oil and gas companies.

Arizona Silver shares are down 2.63% in Toronto at the time of writing, to stand at C$0.185.

]]>
Tue, 13 Mar 2018 09:40:00 -0400 http://www.proactiveinvestors.com/companies/news/193091/arizona-silver-exploration-completes-first-quarter-drill-program-awaits-assays-193091.html
<![CDATA[News - Arizona Silver Exploration bolsters board with Scott Hean ]]> http://www.proactiveinvestors.com/companies/news/192375/arizona-silver-exploration-bolsters-board-with-scott-hean-192375.html Arizona Silver Exploration Inc (CVE:AZS, OTCQB: AZASF) has bolstered its board with the appointment of experienced executive Scott Hean as director.

He has more than 40 years of experience in junior mining exploration finance, international banking and international finance.

In December 2015, Hean retired as senior vice president and managing director with Bank of Montreal, where he was responsible for natural resources sector financings in North America.

Before that, he served with JP Morgan of New York, primarily financing junior oil and gas companies.

He is currently chair of the board for eCobalt Solutions Inc, which is developing a primary cobalt resource in Idaho, USA.

"We are very pleased to have Scott join our board of directors," said Mike Stark, the chairman of the group.

"Scott brings vast knowledge in mining and international banking and finance to Arizona Silver Exploration.

"His skills and knowledge in the mining and finance sectors make Scott a strong addition to the board of Arizona Silver Exploration."

Yesterday, the firm told investors it had started reverse circulation (RC) drilling at its Ramsey silver project in La Paz County.

The first phase of the work consists of six holes sunk to the northeast of the previous eleven  holes which all hit disseminated silver across tens of metres.

A second phase consisting of 10 RC holes has also been permitted on patented claims with the Arizona department of water resources, pending receipt of results from this first round of drilling.

Shares closed Tuesday at C$0.14.

]]>
Wed, 28 Feb 2018 11:45:00 -0500 http://www.proactiveinvestors.com/companies/news/192375/arizona-silver-exploration-bolsters-board-with-scott-hean-192375.html
<![CDATA[News - Arizona Silver Exploration kicks off RC drilling programme at Ramsey property ]]> http://www.proactiveinvestors.com/companies/news/192282/arizona-silver-exploration-kicks-off-rc-drilling-programme-at-ramsey-property-192282.html Arizona Silver Exploration Inc (CVE:AZS, OTCQB: AZASF) told investors it had started reverse circulation (RC) drilling at its Ramsey silver project in La Paz County.

The first phase of the work consists of six holes sunk to the northeast of the previous eleven  holes which all hit disseminated silver across tens of metres.

A second phase consisting of 10 RC holes has also been permitted on patented claims with the Arizona department of water resources, pending receipt of results from this first round of drilling.

READ - Arizona Silver announces founding membership in Ethereum blockchain strategic alliance

Of the current program, the  first hole -R1801 - was drilled 50 metres northeast of vertical core hole R1605-C, which intersected 47.7 metres grading 32.4 gpt (grams per ton) silver from 76.4 to 123.8 metres below 30 metres of post-mineral cemented alluvium.

Samples for R1801 have been delivered to the laboratory for sample prep and analyses.

Hole R1802 was drilled 33 metres south of R1801 and was designed to test the target section encountered in the previous eleven holes in the target area.

Drill hole R1803 was drilled 33 metres southeast of R1802 and is currently in progress, the mining firm said.

Drill holes R1804, R1805, and R1806 will also be drilled at 33-metre intervals to get a sense of the continuity and variability of mineralisation along a fence of holes covering around 200 metres.

READ - Arizona Silver Exploration bolsters board with finance executive David Vincent

Last week, the group announced its founding membership in the formation of an Ethereum blockchain strategic alliance for gold-and-silver-asset-backed cryptotokens.

The alliance’s members will seek to collaborate on the future offerings of cryptotokens and potential future initial token offerings (ITO).

These offerings may be backed by gold and/or silver forward delivery, using gold and/or silver royalty streaming and other asset backed models, to develop future financing models for financing future exploration, feasibility studies, mine development and/or mine expansion, by its member companies.

The other founding members of the alliance are: Canamex Gold Corp. Guyana Goldstrike Inc. Cabral Gold Ltd and Altamira Gold Corp.

Arizona Silver shares in Toronto eased 5.56% to C$0.17.

]]>
Tue, 27 Feb 2018 09:13:00 -0500 http://www.proactiveinvestors.com/companies/news/192282/arizona-silver-exploration-kicks-off-rc-drilling-programme-at-ramsey-property-192282.html
<![CDATA[News - Arizona Silver announces founding membership in Ethereum blockchain strategic alliance ]]> http://www.proactiveinvestors.com/companies/news/192136/arizona-silver-announces-founding-membership-in-ethereum-blockchain-strategic-alliance-192136.html Arizona Silver Exploration Inc (CVE:AZS, OTCQB: AZASF) has announced its founding membership in the formation of an Ethereum blockchain strategic alliance for gold-and-silver-asset-backed cryptotokens. 

The alliance’s members will seek to collaborate on the future offerings of cryptotokens and potential future initial token offerings (ITO).

READ: Arizona Silver Exploration poised to increase US shareholder base as it begins trading on the OTCQB

These offerings may be backed by gold and/or silver forward delivery, using gold and/or silver royalty streaming and other asset backed models, to develop future financing models for financing future exploration, feasibility studies, mine development and/or mine expansion, by its member companies.

The other founding members of the alliance are: Canamex Gold Corp. Guyana Goldstrike Inc. Cabral Gold Ltd and Altamira Gold Corp.

Talks to increase alliance membership

More parties are seeking to join the alliance and discussions are underway, the statement added.

The basis of the alliance is to also increase the trust associated with any future issuance of Ethereum blockchain smart contract cryptotokens for gold and silver, as an alternative means of raising capital, potentially without equity dilution.

The company has secured exclusive rights to six Ethereum cryptotoken domain names, ticker codes and associated smart contracts for gold-and-silver-commodity-backed cryptotokens.

These may be used by the alliance members, and progressively issued in any future ITO, using the models and associated intellectual property, developed by the company.

Greg Hahn, chief executive officer and president of Arizona Silver Exploration said: "I believe the ability to sell asset-backed tokens will open up new funding opportunities for companies with significant resources in the ground, and allow them to advance those projects to development and production while minimizing dilution to shareholders."

READ: Arizona Silver Exploration bolsters board with finance executive David Vincent

In the same statement, Arizona Silver also announced the resignation of Ronald Shorr as one of its directors with immediate effect.

]]>
Fri, 23 Feb 2018 11:58:00 -0500 http://www.proactiveinvestors.com/companies/news/192136/arizona-silver-announces-founding-membership-in-ethereum-blockchain-strategic-alliance-192136.html
<![CDATA[News - Arizona Silver Exploration bolsters board with finance executive David Vincent ]]> http://www.proactiveinvestors.com/companies/news/191932/arizona-silver-exploration-bolsters-board-with-finance-executive-david-vincent-191932.html Arizona Silver Exploration Inc (CVE:AZS, OTCQB: AZASF) says it has hired financial executive and commercial pilot David Vincent as a director.

Vincent is a professional engineer and commercial pilot with post graduate qualifications in management and financial services, the company said.

He was a senior executive with BAE Systems plc (LON:BA), the global aerospace company, where he gained significant skills and experience in international business development, feasibility studies, market analysis, business planning, project financing, project management and marketing within the UK, the Middle East and Europe, Arizona added.

"His skills and knowledge of market cycles, financial background along with global knowledge, and industry leading ideas make Mr. Vincent a strong and welcome asset to the Arizona Silver board," said Mike Stark, chairman of the board.

Earlier this month, the firm revealed its  shares had started trading on the OTCQB(R) venture market in the US.

The market is for early-stage and developing US and international companies that are not yet able to qualify for OTCQX, it said.

Greg Hahn, the president and chief executive, said: "This allows our US shareholders and others in the US who desire to be shareholders easier access to a market for buying and selling shares in the company.

"We look forward to increasing our US shareholder base through trading on the OTCQB"

And in January, the group revealed the drillbits are set to start turning again soon at its Ramsey silver project in Arizona.

]]>
Tue, 20 Feb 2018 14:39:00 -0500 http://www.proactiveinvestors.com/companies/news/191932/arizona-silver-exploration-bolsters-board-with-finance-executive-david-vincent-191932.html
<![CDATA[News - Arizona Silver Exploration poised to increase US shareholder base as it begins trading on the OTCQB ]]> http://www.proactiveinvestors.com/companies/news/191404/arizona-silver-exploration-poised-to-increase-us-shareholder-base-as-it-begins-trading-on-the-otcqb-191404.html Exploration group Arizona Silver Exploration Inc (CVE:AZS, OTCQB: AZASF) said its shares started trading today on the OTCQB(R) venture market in the US.

This market is for early-stage and developing US and international companies that are not yet able to qualify for OTCQX, it said.

"We are pleased to obtain trading for Arizona Silver on the OTCQB," said Greg Hahn, the president and chief executive of the firm.

"This allows our US shareholders and others in the US who desire to be shareholders easier access to a market for buying and selling shares in the company.

"We look forward to increasing our US shareholder base through trading on the OTCQB"

Last month, the group revealed the drillbits are set to start turning again soon at its Ramsey silver project in Arizona, sending shares higher.

A first quarter programme of six reverse circulation (RC) holes is planned to begin next month (February).

"These six holes will test the down-dip extension of the silver mineralised system beneath cemented alluvial cover and should provide us with an along-strike section across about 200 metres of the silver system's length," said Greg Hahn, the firm's chief executive.

"The fact that the silver mineralisation is buried beneath post mineral alluvial cover requires drilling to be able to define the length and width of the system that we see peeking out from beneath alluvial cover at the Ramsey mine workings, and to assess in which direction it is trending."

Road and drill site preparation will begin at the  end of January, with permitting  of the holes to follow in early February.

The six holes will be sunk immediately east of intercepts from 2016 and 2017, which produced 44.2 metres of 62.5 grams per tonne silver (Ag) in one hole and 53.3 metres of 37.3 g/t silver in another.

Arizona tentatively plans to sink another 9 to 10 holes in the second quarter this year further to the east of these initial six holes.

]]>
Thu, 08 Feb 2018 10:14:00 -0500 http://www.proactiveinvestors.com/companies/news/191404/arizona-silver-exploration-poised-to-increase-us-shareholder-base-as-it-begins-trading-on-the-otcqb-191404.html
<![CDATA[News - Drillbits set to turn again at Arizona Silver Exploration's Ramsey project ]]> http://www.proactiveinvestors.com/companies/news/190125/drillbits-set-to-turn-again-at-arizona-silver-exploration-s-ramsey-project-190125.html Shares in Arizona Silver Exploration Inc (CVE:AZS) nudged higher in Toronto as it revealed the drillbits are set to soon start turning again at its Ramsey silver project in Arizona.

A first quarter program of six reverse circulation (RC) holes is planned to begin next month (February).

"These six holes will test the down-dip extension of the silver mineralized system beneath cemented alluvial cover and should provide us with an along-strike section across about 200 metres of the silver system's length," said Greg Hahn, the firm's chief executive.

"The fact that the silver mineralization is buried beneath post mineral alluvial cover requires drilling to be able to define the length and width of the system that we see peeking out from beneath alluvial cover at the Ramsey mine workings, and to assess in which direction it is trending."

Road and drill site preparation will begin at the  end of January, with permitting  of the holes to follow in early February.

The six holes will be sunk immediately east of intercepts from 2016 and 2017, which produced 44.2 metres of 62.5 grams per tonne silver (Ag) in one hole and 53.3 metres of 37.3 g/t silver in another.

Arizona tentatively plans to sink another 9 to 10 holes in the second quarter this year further to the east of these initial six holes.

Shares on Tuesday added 2.56% to C$0.20 each. 

]]>
Tue, 16 Jan 2018 14:25:00 -0500 http://www.proactiveinvestors.com/companies/news/190125/drillbits-set-to-turn-again-at-arizona-silver-exploration-s-ramsey-project-190125.html
<![CDATA[News - Arizona Silver Exploration shares up 10% as test hole underscores Ramsey project potential ]]> http://www.proactiveinvestors.com/companies/news/188307/arizona-silver-exploration-shares-up-10-as-test-hole-underscores-ramsey-project-potential-188307.html Arizona Silver Exploration Inc (CVE:AZS)  shares added 10% on Tuesday as it released encouraging results from a test hole sunk in the western deep IP anomaly.

Hole R1713 was drilled 800 metres west of the Ramsey mine workings to test that the source of the IP anomaly was 100 metres below surface and was approximately 500 metres cubed.

READ - Arizona Silver Exploration following the potential at Ramsey project, says Hahn WATCH - Arizona Silver encouraged by latest Ramsay drill assays

Assays showed a zone of silver ranging up to 10 grams per tonne in the interval 375 feet to 440 feet (114 m to 134 m) or 20 meters (m) averaging 5.2 g/t (grams per ton) of silver, Arizona said.

"The presence of the silver signature in this hole this far from the Ramsey mine and adjacent drill holes is an indication of the strength of the mineral system we are chasing at Ramsey,"Greg Hahn, the firm's president and chief executive, told investors.

"The vector of increasing potential to the east is clear, and that is the direction we are heading with our Q1 2018 drilling program."

The company noted that the results from hole R1713 do not adequately explain the IP anomaly, as very little fresh pyrite or other sulphide minerals were identified in the drill cuttings.

It added that  drilling in 2017 has demonstrated the Ramsey silver system is open in three directions -  south, east and north of the original Ramsey mine.

Mineralization is close to the surface, which means it may be suitable for open-pit development.

The company is financed for the initial 2018 drill program and looks forward to continuing to expand the dimensions of the silver mineralized zone.

Shares in Toronto gained 10% to C$0.16.

]]>
Tue, 05 Dec 2017 15:41:00 -0500 http://www.proactiveinvestors.com/companies/news/188307/arizona-silver-exploration-shares-up-10-as-test-hole-underscores-ramsey-project-potential-188307.html
<![CDATA[News - Arizona Silver Exploration following the potential at Ramsey project, says Hahn ]]> http://www.proactiveinvestors.com/companies/news/187458/arizona-silver-exploration-following-the-potential-at-ramsey-project-says-hahn-187458.html Chief executive of Arizona Silver Exploration Inc (CVE:AZS) Greg Hahn ran through the recent promising drill results from its Ramsey silver project in La Paz County.

He noted that the firm had carried out three drilling campaigns since it became a public company about a year ago, with all three hitting a thick interval of low grade silver.

In all, eleven holes have now been drilled peripheral to the old Ramsey mine area and all have intersected thick zones of silver, he added.

"So now we need to continue drilling outwards from that and following the vectors of increasing potential that the drill data show us," he told Proactive's Andrew Scott.

This week the firm released second phase drill results from the project and said the Ramsey silver mineral system appeared  to be "very large and is wide-open to the east and south, where no previous drilling or mine development has occurred".

Since July, five holes have been sunk, for a current total of 12, from atop the ridge to the southeast of the Ramsey mine workings to test for a continuation of silver mineralization at depth.

All five holes intersected silver, the firm said, with highlights being 62.5 gpt (grams per ton) silver from an intersection of 44.2 metres (m), from a depth of 79.3m.

Also found was a hole, which hit 9.1 meters of 57 gpt silver just 6.1 meters below the surface, underscoring a potential shallow zone, which remains open to additional drilling to the north, east, and south.

"We are encouraged with the results of the drilling east of the old Ramsey Mine workings and have intersected what we think is the periphery of a much larger silver-bearing hydrothermal system centred on the strong alteration mapped to the east and south," the firm said.

Meanwhile, at the western deep IP anomaly, potentially a large target, approximately 800 meters west of the Ramsey Mine area, one hole was sunk and assays are still pending, it added.

Hahn told Proactive the results from that hole were expected if not by the end of November, by mid December this year.

Shares in Arizona Silver were up 5.41% to C$0.20 on Friday.

]]>
Fri, 17 Nov 2017 14:37:00 -0500 http://www.proactiveinvestors.com/companies/news/187458/arizona-silver-exploration-following-the-potential-at-ramsey-project-says-hahn-187458.html
<![CDATA[Media files - Arizona Silver encouraged by latest Ramsay drill assays ]]> http://www.proactiveinvestors.com/companies/stocktube/8383/arizona-silver-encouraged-by-latest-ramsay-drill-assays-8383.html Fri, 17 Nov 2017 08:59:00 -0500 http://www.proactiveinvestors.com/companies/stocktube/8383/arizona-silver-encouraged-by-latest-ramsay-drill-assays-8383.html <![CDATA[News - Arizona Silver Exploration shares higher after encouraging drill assays from Ramsay project ]]> http://www.proactiveinvestors.com/companies/news/187258/arizona-silver-exploration-shares-higher-after-encouraging-drill-assays-from-ramsay-project-187258.html Arizona Silver Exploration Inc (CVE:AZS) shares nudged higher as it released encouraging second phase drill results from its Ramsey silver project in La Paz County.

"The Ramsey silver mineral system appears to be very large and is wide-open to the east and south, where no previous drilling or mine development has occurred," the firm said in the statement.

Since July, five holes have been sunk, for a current total of 12, from atop the ridge to the southeast of the Ramsey mine workings to test for a continuation of silver mineralization at depth

All five holes intersected silver, the firm said, with highlights being 62.5 gpt (grams per ton) silver from an intersection of 44.2 metres (m), from a depth of 79.3m.

Also found was a hole, which hit 9.1 meters of 57 gpt silver just 6.1 meters below the surface, underscoring a potential shallow zone, which remains open to additional drilling to the north, east, and south.

"We are encouraged with the results of the drilling east of the old Ramsey Mine workings and have intersected what we think is the periphery of a much larger silver-bearing hydrothermal system centred on the strong alteration mapped to the east and south," the mining firm added.

At the western deep IP anomaly, potentially a large target, approximately 800 meters west of the Ramsey Mine area, one hole was sunk and assays are still pending.

Shares added 1.89% in Toronto to C$0.27 each.

]]>
Tue, 14 Nov 2017 15:40:00 -0500 http://www.proactiveinvestors.com/companies/news/187258/arizona-silver-exploration-shares-higher-after-encouraging-drill-assays-from-ramsay-project-187258.html
<![CDATA[News - Arizona Silver has grade and history on its side, as drilling enters its second phase ]]> http://www.proactiveinvestors.com/companies/news/186897/arizona-silver-has-grade-and-history-on-its-side-as-drilling-enters-its-second-phase-186897.html Channel samples at the ends of old drifts at the Ramsey silver mine go a long way to explaining why Arizona Silver Exploration Inc (CVE:AZS) is taking such a keen interest in this old operation.

Across fifteen different sites in different parts of the old mine, the company data sampled grades as high as 5,187 grams per tonne silver across a five foot width. Other attractive sample grades include 4,473 grams per tonne across 7 feet and 1,156 grams per tonne also across 7 feet.

These samples were taken over several different levels, but it’s more than interesting to note that the average grade across all fifteen came out at 924 grams across an average width of 6.9 feet.

That’s enough to make any economic geologist look twice or three times, and it’s certainly been enough to keep busy even the most experienced and successful of mining veteran as Greg Hahn.

Stark has a list of companies he has supported most notable are Exeter Resources and Extorre, while Hahn was a central figure at Constellation Copper, St Mary Minerals, Metalline Mining and Marathon PGM Corp.

These two have long known about the opportunity at Ramsey and are now beginning to build the value.

“Greg and I and eighteen individuals took on this property to do privately, but the falling price of silver slowed us up,” says Stark.

“So we then found a tight shell, and raised C$875,000 and we went out to prove that the Ramsey mine was not finished.”

Initial investigations delivered mixed results.

“It’s a very narrow vein,” says Stark, “Around it we could see mineralisation, but we didn’t know the grade. So we poked five holes into it.”

The first 5 holes returned material that Stark describes encouraging

It was at this time we found the Northern Anomaly purely speculative geological theory involving faulting that didn’t in fact play out. The north anomaly is not, as it turns out, the location of the other side of the fault that the original old timers stopped mining at.

But  because of this drilling we found evidence of the western anomaly that is still deeper induced polarisation anomaly to the west.

“The Ramsay mine stopped at 300 plus feet,” says Stark. “And the IP line in the west starts at just below 300 feet. That’s what I call my lottery ticket.”

But to come back to the main area, there’s a 750 metres by 250 metre zone that the company is building a resource around that’s been the subject of drilling since March. The most recent intercept, reported in July, showed 62.5 grams per tonne. A second round of drilling is now getting underway.

So what should investors expect from this latest work?

Stark quotes famed mining entrepreneur Rob McEwen: asked where he would look for mineral wealth in this day and age. McEwan is said to have said I would only look at an old mine location that has been shut down.

Certainly, Arizona is as well-established as jurisdictions get, the infrastructure available to support a re-start at Ramsay is second to none, and the upside is significant.

Arizona Silver will move exploration drills in the direction of the Creosote vein where we sampled 877 gram material in the south-east, where Stark hopes the grades will start to pick up significantly. There’s even potential for the mineralisation to continue across the valley beyond the creosote vein into the East Hill.

If that’s the case, then a whole new world will open up to Arizona Silver. It may be on the strength of that upside that third parties are already giving the company the once over.

But the real selling point is clear enough.

“The old timers left five ounce material,” says Stark. “All around it breccia rock hosts 5-to-6-to-10 ounce material. But you wait till you see the vein."

]]>
Tue, 07 Nov 2017 12:25:00 -0500 http://www.proactiveinvestors.com/companies/news/186897/arizona-silver-has-grade-and-history-on-its-side-as-drilling-enters-its-second-phase-186897.html
<![CDATA[Media files - Bitcoin and Gold to retain popularity following Catalonia vote ]]> http://www.proactiveinvestors.com/companies/stocktube/8202/bitcoin-and-gold-to-retain-popularity-following-catalonia-vote-8202.html Fri, 06 Oct 2017 10:16:00 -0400 http://www.proactiveinvestors.com/companies/stocktube/8202/bitcoin-and-gold-to-retain-popularity-following-catalonia-vote-8202.html <![CDATA[News - Arizona Silver Exploration poised for second phase of drilling in La Paz county ]]> http://www.proactiveinvestors.com/companies/news/184166/arizona-silver-exploration-poised-for-second-phase-of-drilling-in-la-paz-county-184166.html Arizona Silver Exploration Inc (CVE:AZS) says a rig is expected on site this week at its project in La Paz county ahead of the second phase of 2017 drilling.

A 1500 meter (m) drilling program is planned to test two targets.

Arizona said it had started access road and drill site preparation.

A very large system..?

The firm says the Ramsey mineral system appears to be very large and is wide-open to the east and south, where there has been no previous drilling.

Five holes will be drilled from within the large silica alteration zone on top of Ramsey hill to the southeast of the old Ramsey mine workings.

This will test for continuity of silver, (with lead and zinc) mineralization,  which was identified by historic underground drilling from the old Ramsey mine workings and also hit in the company's 2016-2017 surface drilling program.

A large anomaly..

At the Western IP anomaly, one hole is planned to test this large anomaly, said Arizona.

The drill site is located about 1,000 metres west of the old Ramsey Mine workings. A large IP response was detected in an April 2017 survey along three IP lines across a distance of over 500 metres squared, and it is open ended.

Geophysical modelling of this anomaly indicated it was likely sourced from a sulphide-bearing body at least 500 metres long, 500 metres wide, and 500 metres thick.

 

]]>
Mon, 18 Sep 2017 15:24:00 -0400 http://www.proactiveinvestors.com/companies/news/184166/arizona-silver-exploration-poised-for-second-phase-of-drilling-in-la-paz-county-184166.html
<![CDATA[News - Arizona Silver Exploration has opportunity to significantly expand Ramsey mineralisation, says chairman ]]> http://www.proactiveinvestors.com/companies/news/183045/arizona-silver-exploration-has-opportunity-to-significantly-expand-ramsey-mineralisation-says-chairman-183045.html Arizona Silver Exploration Inc's (CVE:AZS) chairman reckons the firm can 'significantly' expand silver mineralization at its Ramsey project and is funded for a drill campaign in the fall and beyond.

In a recent letter to shareholders outlining progress, Mike Stark said he believed the firm to be 'over-sold' and 'undervalued'.

Shares today (August 28) added over 11% in Toronto to stand at 25 cents each, but earlier this year touched C$1.20.

The firm has confirmed it can expand the east and south sides of mineralization with good grades and thickness towards the Creosote vein 100 metres east of the historic mine workings, he said.

"We are very pleased with results in this area around the historic mine as we have hit on all drill holes (7) ranging from 44 grams to 295 grams, and the system continues to expand," he said in the letter.  

"This target will see more drilling in the fall, after additional modeling, permitting, and roadwork is done."

At the so-called Northern target, Arizona has learned through holes 1 to 5 that intense alteration and the beginning of weak silver mineralization is cut off by a fault at depth.

"We are currently working on modelling the IP data gathered to enhance the imaging of this target, and it is our intention to drill a hole into this Western IP anomaly in the fall.

"Modelling of the Western IP anomaly suggests the sulfide deposit that causes it is very large, being at least 500 metres, by 500 metres, by 500 metres in dimensions.

"If this target has the same silver content as the recent drill holes into the old Ramsey Mine area, this could be a very, very large silver system," highlighted Stark.

Stark made the point in the letter that no one in the management had sold a share.

He said the firm's share structure was very tight and it would endeavor to keep it this way.

"There are only 28 million shares out, fully diluted, and no warrants at all. All shares as of July 16/2017 are now free trading. Several insiders are still escrowed as well, which represents over 4 million shares of the 28 million outstanding," he said.

]]>
Mon, 28 Aug 2017 15:14:00 -0400 http://www.proactiveinvestors.com/companies/news/183045/arizona-silver-exploration-has-opportunity-to-significantly-expand-ramsey-mineralisation-says-chairman-183045.html
<![CDATA[News - Arizona Silver Exploration unveils new chief financial officer ]]> http://www.proactiveinvestors.com/companies/news/183010/arizona-silver-exploration-unveils-new-chief-financial-officer-183010.html Arizona Silver Exploration Inc (CVE:AZS) has appointed Dong Shim as chief financial officer and secretary of the company.

He replaces Richard Barnett, who departs with the thanks of the board.

Shim is a member of the Chartered Professional Accountants of British Columbia and a Certified Public Accountant registered in the State of Illinois, United States.

He has served as an audit partner on numerous audit engagements with a mid-size firm located in Vancouver, British Columbia, where he audited various publicly traded companies, primarily focusing on junior mining, oil and gas, pharmaceutical, and high-tech industries.

As an audit partner, he also assisted various start-up companies in achieving public listings on the TSX Venture Exchange, Canadian Securities Exchange and the OTC Market.  

]]>
Fri, 25 Aug 2017 14:03:00 -0400 http://www.proactiveinvestors.com/companies/news/183010/arizona-silver-exploration-unveils-new-chief-financial-officer-183010.html
<![CDATA[News - Arizona Silver Exploration gearing up to test exciting Ramsey anomaly this September. ]]> http://www.proactiveinvestors.com/companies/news/181951/arizona-silver-exploration-gearing-up-to-test-exciting-ramsey-anomaly-this-september-181951.html Arizona Silver Exploration Inc (CVE:AZS) is gearing up to drill test an exciting deep anomaly at its Ramsey silver mine project  in Arizona in the second half of September.

President and chief executive Greg Hahn said the structure looked to be over half a kilometer long and around  a half a kilometer wide.

Modelling has shown it to be potentially half a kilometer thick, he also told Proactive.

The firm is fully funded to carry out the drilling, which will consist of 4-6 RC (reverse circulation) holes at depths of between 200m to 300m.

"That should take us about two weeks to complete and then about a month for the assay results to be returned," said Hahn.

The program should cost around $200,000 he said, and the resource junior has around $1mln in the bank.

The firm is  a relatively new one to the public markets.

In November last year, executives made the decision to go public and it became listed on the TSX Venture Exchange through a capital pool company.

Soon after listing, the firm raised $900,000 through a private placement of 10 cents a share – no warrants.

The funds allowed the firm to kick off an initial drilling program with the second batch of findings confirming a large open mineral system to the north.

A further $1.5m was raised in less than four days via a private placement again with no warrants.

An induced polarization (IP) survey then confirmed the suspected continuation to the north of the Ramsey mine.

It also identified a new and large anomaly and area of potential mineralization, stronger and deeper to the west.

Arizona Silver shares are currently at 22 Canadian cents, up 2.33%, but have been as high as C$1.21 in late May.

]]>
Thu, 03 Aug 2017 14:38:00 -0400 http://www.proactiveinvestors.com/companies/news/181951/arizona-silver-exploration-gearing-up-to-test-exciting-ramsey-anomaly-this-september-181951.html
<![CDATA[Media files - An 'excellent' time for investors to look at Arizona Silver ahead of September drilling ]]> http://www.proactiveinvestors.com/companies/stocktube/7856/an-excellent-time-for-investors-to-look-at-arizona-silver-ahead-of-september-drilling-7856.html Fri, 28 Jul 2017 20:53:00 -0400 http://www.proactiveinvestors.com/companies/stocktube/7856/an-excellent-time-for-investors-to-look-at-arizona-silver-ahead-of-september-drilling-7856.html <![CDATA[News - Arizona Silver Exploration encouraged by latest Ramsey drill results ]]> http://www.proactiveinvestors.com/companies/news/180324/arizona-silver-exploration-encouraged-by-latest-ramsey-drill-results-180324.html Arizona Silver Exploration Inc (CVE:AZS) said it was encouraged by latest drill results from the past producing Ramsey silver mine project in La Paz county.

The assays are the second batch of results from the first phase of drilling.

Arizona reckons it has intersected the periphery of a much larger silver-bearing hydrothermal system.

The  mineral system appears to be very large and is open to the east and south, where there has been no previous drilling, it said.

Drill hole R1706 hit 145ft with approximate true width of 35 metres containing 62.5 g/t (grams per ton) of silver between  a depth of 260 and 405 feet.

Another hole - drill hole R1707 - hit 175 feet with approximate true width from 280 to 455 feet (85.4 to 138.7 metres) containing 37.3 g/t (grams per ton) silver within a wider zone of silver mineralization from 215 to 465 feet.

At another target - the Western deep anomaly, the firm said it had hired a geophysical consultant to model the anomaly

Shares eased 1.75% to 28 cents in Toronto.

]]>
Tue, 04 Jul 2017 11:52:00 -0400 http://www.proactiveinvestors.com/companies/news/180324/arizona-silver-exploration-encouraged-by-latest-ramsey-drill-results-180324.html
<![CDATA[News - Arizona Silver Exploration posts first results from Ramsey silver drilling ]]> http://www.proactiveinvestors.com/companies/news/178507/arizona-silver-exploration-posts-first-results-from-ramsey-silver-drilling-178507.html Arizona Silver Exploration Inc (CVE:AZS) has unveiled first drill results from its campaign at the Ramsey silver project in La Paz county, where silver was encountered.

Hole R1703 was sunk 450 metres north of the Ramsey Mine workings to test the western part of a large magnetic and induced polarization anomaly.

The hole hit strong magnetite and hematite bearing zones with strong silicification, the mining firm said, but only weak silver mineralization in the interval from 232 metres to end of the hole at 290 metres, which contained between 0.5 to 3 gpt (grams per tonne) silver throughout the interval.

Arizona noted that a black iron- and silica-impregnated sandstone hit between 171-203 metres contained anomalous iron, copper, nickel, zinc, and vanadium and bore strong similarities to the mineralized zone at the Copperstone gold deposit 25 miles to the northwest of the Ramsey Mine.

This iron-rich interval and the lower silver-bearing interval will be analysed for gold, it said.

R1702 hole hit massive silica with disseminated sulphides and oxides in the interval 107-152 metre but results indicated there is no silver in this interval, the group said.

The hole was lost at 207 metres when the hammer broke so the detachment fault target which is the location of the Ramsey Mine silver mineralization was not tested.

Samples from drill holes R1701, R1704, and R1705 are in the lab and being processed.

Remaining drilling for this program will continue immediately south of the silver intercepts reported previously from the 2016 drilling, the company said.

]]>
Tue, 30 May 2017 14:04:00 -0400 http://www.proactiveinvestors.com/companies/news/178507/arizona-silver-exploration-posts-first-results-from-ramsey-silver-drilling-178507.html
<![CDATA[News - Arizona Silver Exploration may be looking at 'emerging discovery', says analyst ]]> http://www.proactiveinvestors.com/companies/news/178281/arizona-silver-exploration-may-be-looking-at-emerging-discovery-says-analyst-178281.html Mining analyst John Kaiser, of online portal Kaiser Research, is upbeat on the prospects of Arizona Silver Exploration Inc (CVE:AZS), which he believes has its hands on an "emerging discovery".

Fresh from a site visit, he says in an interview, he got the impression that there was a lot more going on at the Ramsey geological system than would have been thought from looking at the old mine at the site.

Arizona is looking to breathe new life into the old mine project area at La Paz County in the US state.

There is no doubt high grade has been found in the area - with around 15,000 tons of 3- 4 ounce per ton (opt) silver mined between 1921 and 1962, notes Kaiser.

The question now is whether there is a large previously undiscovered area at depth and under a layer of thick gravels.

WATCH THE KAISER INTERVIEW HERE

Investors have piled into the stock in recent days following news it had hit massive silica. Kaiser says he is 'relatively' confident that a few metres of high grade silver can be found, but the key question is to what extend disseminated mineralisation extends into the hanging and footwalls.

The firm's goal is to find a bulk tonnage, open pit style of deposit rather than a small high grade mine, he notes.

Shares in Arizona Silver Exploration are at 85 cents today, down 4.49% but have risen around 54% since May 18.

]]>
Wed, 24 May 2017 12:03:00 -0400 http://www.proactiveinvestors.com/companies/news/178281/arizona-silver-exploration-may-be-looking-at-emerging-discovery-says-analyst-178281.html
<![CDATA[News - Latest drilling results boost Arizona Silver ]]> http://www.proactiveinvestors.com/companies/news/177680/latest-drilling-results-boost-arizona-silver-177680.html Investors piled into Arizona Silver Exploration Inc (CVE:AZS) after it revealed it has intersected massive silica in its drilling campaign at the Ramsey silver project.

Drill hole R1702 intersected massive silica with locally banded quartz-chalcedony veins over a down-hole distance of 145 feet, the company said.

The host rock of the massive silica intercept is a flow-banded rhyolite believed to be the same or similar rhyolite to that which overlies the historic Ramsey vein. Drill hole R1702 is located some 500 yards north of the old Ramsey Mine workings.

Meanwhile, RC drill hole R1701 was drilled vertically from the same collar location as drill hole R1702. It intersected stockwork black and green silica veins and veinlets, some banded, from a depth of 650 feet to the end of the hole at 880 feet.

The true thickness of this silica stockwork zone is currently unknown. Drill samples from below the cemented alluvium have been delivered to ALS Minerals sample preparation facility in Tucson, Arizona.

“With only two RC holes into the system currently it is unclear whether this stockwork silica zone in R1701 connects with the much more massive dominantly black and green banded silica intercept in R1702,” Arizona Silver told investors.

The two silica intercepts are about 100 metres apart on section. A third hole will be drilled to test the western extension of the silica stockwork system and the up-dip projection of the detachment fault surface.

A second drill pad has been prepared 165 yards to the south of the location of the R1701-R1702 drill pad, and another fan of holes will be drilled from this second pad.

A third fan of holes will be drilled on patented claims south of and down-dip of the old Ramsey vein mine workings.

Shares in Arizona Silver rose 11% to C$0.455 on the news.

]]>
Thu, 11 May 2017 17:47:00 -0400 http://www.proactiveinvestors.com/companies/news/177680/latest-drilling-results-boost-arizona-silver-177680.html
<![CDATA[News - Arizona Silver to spend most of May drilling at the Ramsey silver project ]]> http://www.proactiveinvestors.com/companies/news/177461/arizona-silver-to-spend-most-of-may-drilling-at-the-ramsey-silver-project-177461.html Arizona Silver Exploration Inc (CVE:AZS) has kicked off drilling at the Ramsey silver project in La Paz county.

The company said it has the permits and has contracted for 2,000 metres of reverse circulation (RC) drilling in a total 10 holes for the upcoming drilling program.

Eight holes in two fans of four holes each located 150 metres apart are planned to test the large coincident magnetic, very low frequency electromagnetic (VLF-EM) and induced polarization anomaly that lies beneath alluvial cover on unpatented mining claims immediately to the north of the old Ramsey mine workings.

READ Arizona Silver Exploration looking to breathe life back into La Paz county's Ramsey mine

The company said the northern end of the Ramsey mine workings terminated in a fault zone, and the large coincident geophysical anomalies are interpreted to be the offset main body of the Ramsey mine mineral system.

In addition, two holes will test the southern end of the old workings, where underground assay data and core drilling completed in late 2016 indicated the silver mineral system continues down-dip and to the south of the old workings.

The drilling program is expected to take most of May to complete, with assay results expected in June.  

]]>
Mon, 08 May 2017 15:24:00 -0400 http://www.proactiveinvestors.com/companies/news/177461/arizona-silver-to-spend-most-of-may-drilling-at-the-ramsey-silver-project-177461.html
<![CDATA[News - Arizona Silver Exploration buoyed by silver samples at former Ramsey mine ]]> http://www.proactiveinvestors.com/companies/news/176545/arizona-silver-exploration-buoyed-by-silver-samples-at-former-ramsey-mine-176545.html Arizona Silver Exploration Inc (CVE: AZS) has found high grade silver at the old Ramsey mine ahead of drilling due to start next month.

It has attained up to 877 grams per ton (g/t) of the precious metal from rock sampling along what's called the Creosote vein, it told investors.

READ - Arizona Silver Exploration looking to breathe life back into La Paz county's Ramsey mine READ - Arizona Silver poised to start drilling at Ramsey project

This vein was the subject of limited mining in the 1920s and 30s, when a vertical shaft (now abandoned) was developed to a depth of 48 meters, with old workings now inaccessible.

The vein is about 0.6 metres wide at the collar of the shaft, and is reported to range up to 1.5 metres wide down the extent of the shaft.

Arizona said recent work showed elevated silver values of 43 and 44 gpt (grams per ton) of silver occur in two other samples from un-prospected outcrops of the vein which continues for over 150 metres of strike  to the south of the shaft.

The mining firm said an old report said development of the Creosote vein stopped because it was lower in grade and narrower than the nearby Ramsey Vein.

Arizona said, however, on Tuesday: "The Creosote Vein remains a viable exploration target for high-grade silver as encountered historically along the Ramsey Vein.

"The intersection of the shallower dipping Ramsey Vein and the steeper dipping Creosote Vein represents a very attractive future drill target.

"The intersection of these two veins would lie about 400-500 metres below the surface.

"We are very encouraged with these high-grade results and look forward to the upcoming drill campaign scheduled to commence May 1.

"We will be drilling the northern geophysical anomaly that is 20 times larger than the anomaly over the Ramsey mine location."

Shares added over 7% in Toronto to $0.38.

]]>
Tue, 18 Apr 2017 14:34:00 -0400 http://www.proactiveinvestors.com/companies/news/176545/arizona-silver-exploration-buoyed-by-silver-samples-at-former-ramsey-mine-176545.html
<![CDATA[News - Arizona Silver Exploration looking to breathe life back into La Paz county's Ramsey mine ]]> http://www.proactiveinvestors.com/companies/news/176139/arizona-silver-exploration-looking-to-breathe-life-back-into-la-paz-county-s-ramsey-mine-176139.html If you’re looking for silver, go looking around an old mine where they didn't have the technology to see the true value.

It’s an approach which has been perfected and championed by many industry veterans over the years – most notably by mining mogul Rob McEwen.

It’s also a method newly listed Arizona Silver Exploration Inc (TSX:AZS) is putting to the test two hours west of Phoenix at the Ramsey mine.

Remnants still visible...

Rusty remnants are still visible at the site in La Paz County, just off Interstate 10, which was active throughout the 1920s. Operations ceased the following decade and the mine was abandoned.

“There aren’t many historical production records available but it seems around 12,000 tons of material was mined back in the day, averaging close to 40 ounces of silver per ton,” said Greg Hahn, AZS’s chief executive, told Proactive Investors.

It wasn’t until 2014 that Hahn became aware of the Ramsey site when an acquaintance handed him data from the Arizona Geological Survey Archives.

It turns out that in 1968 a new owner mined another 1,700 tons of rock averaging 530 grams of silver per ton before turning focus to drilling, successfully defining an historic resource of 2 million tons grading 70 to 90 grams per ton.

Intrigued by data...

“Forty one holes around the periphery of the Ramsey mine intercepted mineralization. I was intrigued by the data. I wanted to see what else was out there,” said Hahn, who has three-and-a-half decades of experience in exploration and mine development.

In November of 2016, AZS executives made the decision to go public and became listed on the TSX Venture Exchange through a capital pool company. Soon after listing on the TSX Venture, the firm raised $900,000 through a private placement of 10 cents a share – no warrants.

The funds allowed the firm to kick off an initial drilling program with the second batch of findings confirming a large open mineral system to the north.

A further $1.5m was raised in less than four days via a private placement again with no warrants. 

An induced polarization (IP) survey then confirmed the suspected continuation to the north of the Ramsey mine.

It also identified a new and large anomaly and area of potential mineralization, stronger and deeper to the west.

Drilling scheduled for second quarter..

The firm now holds around 1,000 acres of land.

A drilling program is now scheduled for the second quarter, potentially as early as late April, to test the large anomaly north of the old mine.

Meanwhile, a recently submitted notice of intent to drill has already been approved by the US Bureau of Land Management. “AZS has a compelling target, a tight share structure, drilling will start again soon and the silver price going up,” small cap mining specialist Vince Marciano said in a recent Stateside Report Podcast.

“In my view, the company is the best silver exploration play on a risk/reward basis I can find on the TSX Venture Exchange.”

Gwen Preston, who chronicles her own buys and sells in the exploration and mining sector for Resource Maven, is also an early supporter.

“AZS is still a fairly new story but word is getting out. The company now has $1.7m. That’s more than enough to fund the planned drill program.

“I am moving on the stock now for two reasons. The price is settled in a trading range but there is not much stock available for sale. A bit of exploration success could move the needle quickly.

“Drill results won’t come out until early June but I would guess AZS would find a way to let the market know if the cuttings look really good, and that would happen in May."

Meanwhile, Preston reckons Greg Hahn, is the perfect guy to lead this charge.

Living and breathing it..

“He is careful, methodical, and experienced. He lives in Arizona and breathes this project.

 "He did not dive into the Ramsey project headfirst; instead, he gained confidence through two years of due diligence, groundwork, drilling, and geophysics. He is now very excited to test the northern anomaly.”

At the moment only 16.8 million shares are trading: 2.9 million are escrowed by management and insiders) and another 9 million were issued in a financing that closed last month and will come free trading in mid-July.

“Those escrowed shares are one notable indication of this team’s dedication,” added Preston.

“Another is that a good chunk of management’s options are set above the market (management and the chairman, for example, took $0.30 options when the stock was trading at $0.19).

“I like skin in the game; I especially like skin in the game when the gamers actually paid a reasonable price.”

The company currently has a market cap of $10.3mln and shares are trading on the TSX-V for $0.33. It also plans to list on the US OTC market, opening up this new opportunity to a wider base of stock pickers.

]]>
Fri, 07 Apr 2017 07:43:00 -0400 http://www.proactiveinvestors.com/companies/news/176139/arizona-silver-exploration-looking-to-breathe-life-back-into-la-paz-county-s-ramsey-mine-176139.html
<![CDATA[News - Arizona Silver poised to start drilling at Ramsey project ]]> http://www.proactiveinvestors.com/companies/news/175954/arizona-silver-poised-to-start-drilling-at-ramsey-project-175954.html Arizona Silver Exploration Inc (CVE: AZS) expects to start drilling at the Ramsey silver project in the aforementioned US state in the first week of May.

The firm has received approval from the relevant US authority to sink eight exploration holes on unpatented mining claims.

The firm also posted a reclamation bond for US$14,206 by cheque to carry out the work.

Arizona said three bids for the reverse circulation (RC) drilling have been received from contractors so far, with a fourth expected this week.

It will choose a contractor by April 10, with a contract awarded by mid-April for a drill and equipment to be moved to site by the end of April.

Drilling is expected to occur on a 10-to-12-hour day shift for about 20 days in order to complete the planned program.

Once a contractor has been selected, the firm can apply for well permits to cover the proposed exploration drill holes.

That process takes less than a week, it added.

]]>
Tue, 04 Apr 2017 14:16:00 -0400 http://www.proactiveinvestors.com/companies/news/175954/arizona-silver-poised-to-start-drilling-at-ramsey-project-175954.html
<![CDATA[News - Arizona Silver Exploration's new claims protect recent anomaly discovery ]]> http://www.proactiveinvestors.com/companies/news/175477/arizona-silver-exploration-s-new-claims-protect-recent-anomaly-discovery-175477.html Arizona Silver Exploration Inc (CVE: AZS) said it had staked 17 further claims at its Ramsey silver project.

The extra footprint adds protection around the recently identified deep IP (induced polarization) anomaly on the western end of the block and adds another 340 acres to the current land position.

The firm now holds a total acreage of around 1,000 acres, the group said.

As reported last week, the deep IP anomaly is roughly 500 metres to 800 metres wide and 100 metres to 200 metres thick and over 500 metres long.

It is buried beneath 100 metres 300 metres of alluvial cover, and is open-ended both along strike and to the west.

The new claims cover an additional 500 metres of ground to the west.

]]>
Mon, 27 Mar 2017 14:49:00 -0400 http://www.proactiveinvestors.com/companies/news/175477/arizona-silver-exploration-s-new-claims-protect-recent-anomaly-discovery-175477.html
<![CDATA[News - Arizona Silver Exploration shares surge on Ramsey project findings ]]> http://www.proactiveinvestors.com/companies/news/175315/arizona-silver-exploration-shares-surge-on-ramsey-project-findings-175315.html Shares in Arizona Silver Exploration Inc (CVE: AZS) surged over 15% as it reported potentially positive results from an induced polarization (IP) survey at its Ramsey silver project in Arizona.

The work confirmed the suspected continuation of an IP/resistivity response to the north of the Ramsey mine and identified a new and large anomaly and area of potential mineralization to the west of the old Ramsey mine.

The IP survey consisted of three lines, totalling around 2400 metres with the first located directly over the old Ramsey Mine workings and the disseminated silver mineralisation encountered in the group's 2016 drilling program.

The new western anomaly was detected by all three lines, which showed a stronger and deeper signature  beneath alluvium.

A model suggests the source of this anomaly is buried beneath about 100-300 metres of alluvium, and had dimensions of about 500-800 metres wide, 100-200 meters thick, and is at least 500 metres long, and remains open in several directions.

Shares gained 15.56% to 26 cents in Toronto.

]]>
Thu, 23 Mar 2017 14:30:00 -0400 http://www.proactiveinvestors.com/companies/news/175315/arizona-silver-exploration-shares-surge-on-ramsey-project-findings-175315.html
<![CDATA[News - Arizona Silver Exploration welcomes Shorr as director ]]> http://www.proactiveinvestors.com/companies/news/175159/arizona-silver-exploration-welcomes-shorr-as-director-175159.html Arizona Silver Exploration Inc (CVE: AZS), which is developing the Ramsey Silver project in La Paz County in the aforementioned US state, revealed that Ronald Shorr has been appointed as a director.

Shorr is a chartered financial analyst and a graduate from the University of Michigan and Harvard Business School, the firm said.

He is currently the chief executive of Vermillion Gold - a private company exploring for gold in Minnesota's Abitibi Greenstone Belt, and is a director of Resinco Capital Partners, a closed end mutual fund of junior explorers listed on the TSX Venture Exchange.

Shorr has been involved with researching, development, restructuring, and financing corporations for over 30 years, including operations, acquisitions and fund raising, and the firm welcomes his expertise to the board, it said.

]]>
Tue, 21 Mar 2017 11:10:00 -0400 http://www.proactiveinvestors.com/companies/news/175159/arizona-silver-exploration-welcomes-shorr-as-director-175159.html