Arizona Silver Exploration holds the Ramsey Silver Project, which includes the historic Ramsey mine, in the mining-friendly jurisdiction of Arizona. Ramsey hosts a polymetallic system of predominantly silver with potential lead-zinc by-products and recently identified anomalous to economic concentrations of gold. Mineralization on the Ramsey project is comprised of a high-grade vein surrounded by a thick, low-grade envelope with intercepts that are within less than 100 meters from surface, offering the opportunity for a low-cost open pit operation.
Other Key projects include:
-Philadelphia Project: All 6 Initial RC Holes Drilled At Flagship Philadelphia Project Intersected The Host Vein Gold and Silver Mineralization. Holes PRC19-1 and PRC19-2 are typical of some of the better drill hole intercepts from the nearby Oatman Gold District which produced over 2 million ounces of gold from only a few high-grade veins. Northern Vertex’s Moss Mine open pit gold-silver heap leach operation located only 6 miles away is ramping up to full production capacity and is about to commence exploration looking for additional feed for their mining operation ▪ A follow up drilling program is planned and is now permitted and bonded to begin immediately
-Sycamore Canyon Silver-Gold Project: The 100% owned Sycamore Canyon Project recently reported eight handheld drill cores in mineralized breccia contained silver and gold values from 19.8 gpt to 553 gpt Ag and 0.05 to 31.0 gpt Au. Surface mineralization is 800 meters long and 110 meters wide to date
-The company has only 34.5M shares outstanding, with no warrants issued to date. Founders, management, and insiders hold a 61% share ownership.
Arizona Silver Exploration Inc. is a publicly traded company listed on the OTCQB under the ticker symbol AZASF.