Arizona Gold & Silver Core Hole PC25-158 Intersects 60.37 Metres at 4.36 gpt Gold and 6.38 gpt Silver, Including 4.33 Metres at 19.37 gpt Gold and 19.36 gpt Silver on the Philadelphia Project, Arizona
Discovery Scale at Philadelphia Validated by Wide High-Grade Intercepts and Northward Expansion
The news release dated January 6, 2026, reports assay results for core hole PC25-158 at the Philadelphia Project in Arizona. The hole intersected a significant mineralized interval of 60.37 metres grading 4.36 gpt gold and 6.38 gpt silver. Within this wide intercept, the company identified a higher-grade core of 4.33 metres at 19.37 gpt gold and 19.36 gpt silver. This hole is critical as it extends mineralization 110 metres north of previous high-grade hole PC25-156. Management indicates that vein textures suggest they are still at the top of the "boiling zone," implying potential for further grade and width increases at depth. Drilling is currently ongoing with hole PC25-159, stepping out another 60 metres to the north.
The impact is Material - Positive for several reasons: - Scale and Continuity: Extending a 60-metre wide mineralized structure by 110 metres along strike significantly increases the potential volume of the deposit. It demonstrates that the high-grade "Perry" discovery is not a localized pod but a continuous structure. - Grade Quality: A 4.36 gpt gold average over 60 metres (drilled width) is exceptionally high for a structure of this thickness, especially when considering the company's original goal was a bulk-tonnage heap leach target at >0.5 gpt. - Exploration Logic: The results validate the geological model that grades improve at depth and along strike to the north. - Financial De-risking: The CEO notes that all outstanding warrants and options are "well in the money," providing a steady stream of capital to the treasury without the need for immediate, dilutive discounted private placements.
Arizona Gold & Silver Inc. is focused on epithermal gold-silver systems in the Western US. Its flagship is the Philadelphia Project in Mohave County, Arizona. The project sits on the Arabian Fault, which extends for over 3 kilometres. Mineralization occurs in two main styles: near-surface, bulk-tonnage stockwork (Rising Fawn zone) and deeper, high-grade vein systems (Perry zone). The project is located in a prolific district near the Oatman gold mines, which historically produced over 2 million ounces.