
businessJul 7, 20264:24pending
Arizona Gold & Silver expands Philadelphia exploration with BLM drilling permit
About this episode
Arizona Gold and Silver SVP of Exploration Dr. Lex Lambeck joined Steve Darling from Proactive to discuss the company’s newly approved Bureau of Land Management (BLM) permit, which paves the way for the next phase of drilling at the Philadelphia gold-silver project in Arizona.
Lambeck explained that the permit modifies the existing environmental assessment and authorizes access to 16 new drill pads, allowing the company to test several high-priority exploration targets across the property.
The upcoming program will focus on drilling behind the Red Hills area, targeting the down-dip extension of the Perry Zone while also evaluating a potential bulk-tonnage gold target beneath Red Hills. Lambeck said previous drilling, particularly holes 156 through 158, played a key role in refining the geological model and identifying the next generation of drill targets.
The new drill pads also provide access to approximately 1.6 kilometres of strike length south of the Perry Zone, creating multiple opportunities to test the continuity of mineralization and evaluate the broader district-scale potential of the Philadelphia property.
“The project is literally only just getting started to really explore that district-scale potential of the Philadelphia property,” Lambeck said.
He added that the company is fully funded for the current exploration program, with drill pad construction and site preparations already underway ahead of drilling.
Management believes the newly approved permit significantly expands the project's exploration potential by enabling testing of deeper epithermal targets and previously inaccessible areas that could host additional gold-silver mineralization.
#proactiveinvestors #arizonagoldandsilverinc #tsxv #azs #otcqb #azasf #GoldExploration #PhiladelphiaProject #PhiladelphiaProject #GoldMining #ArizonaMining #ExplorationDrilling #GoldMining #BLM #MiningNews #ResourceDiscovery #PreciousMetals
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