Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Arizona Gold awaits approval for Silverton drilling

AZS · Price

Executive Summary

  • Arizona Gold & Silver Inc. announced an exploration program to test antimony‑gold veins and a magnetotelluric (MT) anomaly at the Silverton project in Nye County, Nevada.
  • The company has secured BLM notice‑of‑intent approval and posted the required reclamation bond, enabling road construction and drilling of up to 27 reverse‑circulation holes.
  • Arizona Gold is seeking joint‑venture partners to fund the program while it concentrates on advancing its flagship Philadelphia gold project in Arizona.

Key Details

  • Project Focus: Silverton gold‑antimony property; target zone ~900 m × 400 m of quartz‑stibnite veins and stockworks identified via historic mapping and satellite imagery.
  • Historical Data: >2,000 rock samples (2002‑2004) include 25 surface samples >1 % Sb, 95 samples >1,000 ppm Sb, 217 samples >200 ppm Sb; many of these also contain 0.1–1.0 g/t Au.
  • Historic Drill Results: Newcrest Resources drilled 15 RC holes; hole S‑18 intersected 20 ft (6.1 m) of ~1 % Sb between 30.5‑36.6 m depth (overlimit not assayed).
  • Drilling Program Permit: NOI submitted to U.S. BLM; approval received 18 Sep 2025, bond posted 23 Sep 2025; pending final go‑ahead for roadwork and drilling.
  • Planned Drilling: Up to 27 RC holes from 17 pads; 24 holes will test quartz‑antimony veins, 3 holes will test the MT anomaly identified in a 2023 helicopter survey.
  • Joint‑Venture Strategy: Company intends to entertain JV proposals to fund testing of antimony‑gold and MT targets, allowing focus on its high‑grade Philadelphia gold project in Arizona.
  • Qualified Person: Gregory Hahn, VP Exploration (CPG #7122), NI 43‑101 qualified, reviewed and approved technical information.

Notable Quotes

(No direct quotes were provided in the release.)

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