Arizona Gold Reports Drilling Results and Exploration Program Update
Source: GlobeNewswire Inc.
Arizona Gold Corp. (TSX: AZG, OTCQB: AGAUF) (“Arizona Gold” or the “Company”) is pleased to provide a drilling and exploration program update at its 100% owned Copperstone gold project located in Arizona, United States.
Martin Kostuik, President of Arizona Gold, stated: “We are very pleased to announce the initial results of the completed Reverse Circulation (“RC”) drilling program at surface. The surface RC drilling was largely focused on establishing continuity of the Footwall and Copperstone zone mineralization. We are again using the opportunity to continue with the 2018 discovery of the new Footwall zone. Drilling results to date clearly demonstrate the Footwall and Copperstone zones remain open and indicate further expansion of gold mineralized zones along strike and dip with future drilling. Using the same target identification methodologies as for our prior programs, we expected to achieve similar results and, so far, we have.”
Martin Kostuik further stated “In December we started our underground core drilling and have added a second drill rig with assays currently pending. The underground core drilling is designed to expand resources by drilling for strike and down dip extensions including some portion of infill of previously drilled gold mineral domains, following up on what was a very successful 5,000 meter 2019 drilling program.”
Drilling Program Highlights Include:
•§9.1 m at 6.32 g/t Au; including 3.0 m at 13.52 g/t Au - AZG-20S-22 (See Figure 4)
•§6.1 m at 4.86 g/t Au; including 1.5 m at 13.40 g/t Au - AZG-20S-21 (See Figure 4)
•§3.0 m at 6.98 g/t Au; including 1.5 m at 12.90 g/t Au - AZG-20S-04 (See Figure 3)
•§7.6 m at 4.98 g/t Au; including 3.0 m at 10.54 g/t Au - AZG-20S-05 (See Figure 3)
•§4.6 m at 3.56 g/t Au; including 3.0 m at 4.27 g/t Au - AZG-20S-12 (See Figure 3)
•§3.0 m at 6.72 g/t Au; including 1.5 m at 12.40 g/t Au - AZG-20S-17 (See Figure 3)
•§Second underground core drill rig mobilized and drilling ahead of schedule.
2020 Drilling Program
The surface RC drilling was recently completed, having drilled a total of 5,050 meters (“m”), and ranging from 200 to 400 m in depth. Two drill rigs were employed. The program was a continuation of the successful 2017 drilling program performed by the Company. Highlights of results from the Company’s 2017 program that are mentioned in this release are as follows:
•§3.0 m at 3.9 g/t Au; including 1.5 m at 5.1 g/t - KER-17S-11
•§15.2 m at 4.6 g/t Au; including 4.6m at 13.2 g/t Au - KER-17S-13
•§9.3 m at 3.6 g/t; including 4.3m at 6.8 g/t - KER-17S-17
•§7.6 m at 31.2 g/t Au; including 3.0 m at 74.9 g/t Au
Bahn fahren macht Spaß!!