Arizona Gold & Silver Intersects 21.79 Metres Grading 4.10 g/t Gold at Philadelphia

By Mining Hub News Desk
13 August 2026, 10:28 a.m. EDT 2 min read

Arizona Gold & Silver Inc. has reported assay results from four diamond drill holes completed at the Philadelphia Project in Arizona, extending broad and high-grade gold mineralization approximately 150 metres vertically above previous intercepts in the Perry Zone.

Hole PC26-169 returned 21.79 metres grading 4.10 g/t gold and 5.8 g/t silver, within a broader interval of 73.46 metres grading 1.69 g/t gold and 4.4 g/t silver. The hole was drilled approximately 30 metres north of PC25-154 at an azimuth of 330 degrees and an inclination of -80 degrees, intersecting mineralized rhyolite and andesite quartz breccia and calcite breccia.

A second highlight, hole PC26-167, intersected 15.24 metres grading 2.66 g/t gold and 5.6 g/t silver within a 66.81-metre zone grading 1.12 g/t gold and 4.0 g/t silver. Holes PC26-165 and PC26-166 rounded out the four-hole batch, with PC26-165 returning 0.98 metres at 10.19 g/t gold within 62.27 metres grading 0.70 g/t gold, and PC26-166 cutting 1.37 metres at 3.02 g/t gold within 32.95 metres grading 1.11 g/t gold. True thickness for the reported intercepts is estimated at 60% of drilled thickness.

Dr. Lex Lambeck, Senior Vice President Exploration, commented:

“These results further strengthen our geological model, demonstrating broad gold mineralization within the Perry Zone and increasing our confidence in the geometry and continuity of the system”

“Importantly drilling has now moved below these higher-grade intersections with drilling underway testing the projected down-dip continuation of the Perry Zone together with a CSAMT geophysical target beneath Red Hills . This represents an important next step expanding the high-grade core of the Perry Zone, further proofing our geological model and testing an exciting target beneath the strong alteration seen at surface in the Red Hills”

With expanded Bureau of Land Management permits now in place providing access to 16 additional drill pads, Arizona Gold & Silver is advancing its deeper 2026 drilling program at the Philadelphia Project to test the down-dip continuation of the Perry Zone beneath Red Hills.

Read the full announcement: Arizona Gold & Silver Intersects 21.79 Metres grading 4.10 g/t Gold at Philadelphia