Arizona Gold & Silver: Philadelphia Drilling Expands Structural Understanding of the Perry Gold System; Upwelling Zone Remains Open at Depth, Drilling Continues

Original announcement by tmx on

Company
Arizona Gold & Silver Inc.
Ticker
AZS
Exchange
TSX
Region
Arizona
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Other
Extracted
2026-08-21 01:52:26 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Arizona Gold & Silver reported assays from holes PC25-159 and PC26-160 at the Philadelphia project, which intersected low-grade gold and silver within new east-west fault structures. The results suggest the mineralized zone is structurally complex but remains open at depth and up-dip.

Reasoning: While the drill intercepts themselves are low-grade (0.68 g/t and 0.29 g/t Au), the results are significant for defining the structural limits of the Perry zone and confirming the system remains open at depth.

Positive factors

  • structural understanding improved
  • zone remains open at depth
  • geophysical program underway

Negative factors

  • low gold grades reported
  • structural complexities/faulting offsetting mineralization

Facts used in scoring: 14

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions Skyline Labs, fire assay, and ICP analysis protocols.

Evidence · text

“The HQ core is delivered in its entirety to Skyline Labs in Tucson, Arizona”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Drilling is testing the shallower portion of the Perry zone to define the zone.

Evidence · text

“Drilling is continuing with the rig currently testing the shallower portion of the Perry zone”

Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

Drill Results (14)

PC25-159Philadelphia · goldGrade: 0.68Grade Unit: g/tIntercept: 28.41 mView all details
Link to this fact

Identity

Hole ID
PC25-159
Project
Philadelphia
Commodity
gold
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
28.41 m
From
318.61 m
To
347.02 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-159:318.61-347.02
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: 0.68 g/t Au is below the moderate threshold for epithermal systems.

Negative factors

  • low grade

Evidence · text

“28.41 metres (“m”) at 0.68 g/t gold”
PC25-159Philadelphia · silverGrade: 6.04Grade Unit: g/tIntercept: 28.41 mView all details
Link to this fact

Identity

Hole ID
PC25-159
Project
Philadelphia
Commodity
silver
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
6.04
Grade Unit
g/t
Intercept
28.41 m
From
318.61 m
To
347.02 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-159:318.61-347.02
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Silver grade is nominal for this system.

Evidence · text

“6.04 g/t silver from 318.61m downhole”
PC25-159Philadelphia · goldGrade: 1.66Grade Unit: g/tIntercept: 3.96 mView all details
Link to this fact

Identity

Hole ID
PC25-159
Project
Philadelphia
Commodity
gold
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
1.66
Grade Unit
g/t
Intercept
3.96 m
From
318.61 m
To
322.57 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-159:318.61-322.57
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Sub-interval grade is moderate for epithermal.

Evidence · text

“3.96m at 1.66 g/t gold”
PC25-159Philadelphia · silverGrade: 7.6Grade Unit: g/tIntercept: 3.96 mView all details
Link to this fact

Identity

Hole ID
PC25-159
Project
Philadelphia
Commodity
silver
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
7.6
Grade Unit
g/t
Intercept
3.96 m
From
318.61 m
To
322.57 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-159:318.61-322.57
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Sub-interval silver grade is nominal.

Evidence · text

“7.6 g/t silver from 318.61m downhole”
PC25-159Philadelphia · goldGrade: 2.99Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
PC25-159
Project
Philadelphia
Commodity
gold
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
2.99
Grade Unit
g/t
Intercept
1.4 m
From
327.42 m
To
328.82 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-159:327.42-328.82
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Higher grade sub-interval.

Evidence · text

“1.40m at 2.99 g/t gold”
PC25-159Philadelphia · silverGrade: 8.2Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
PC25-159
Project
Philadelphia
Commodity
silver
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
8.2
Grade Unit
g/t
Intercept
1.4 m
From
327.42 m
To
328.82 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-159:327.42-328.82
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Sub-interval silver grade is nominal.

Evidence · text

“8.2 g/t silver from 327.42 m downhole”
PC25-159Philadelphia · goldGrade: 1.74Grade Unit: g/tIntercept: 2.34 mView all details
Link to this fact

Identity

Hole ID
PC25-159
Project
Philadelphia
Commodity
gold
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
1.74
Grade Unit
g/t
Intercept
2.34 m
From
344.88 m
To
347.22 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-159:344.88-347.22
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Sub-interval grade is moderate for epithermal.

Evidence · text

“2.34m at 1.74 g/t gold”
PC25-159Philadelphia · silverGrade: 12.85Grade Unit: g/tIntercept: 2.34 mView all details
Link to this fact

Identity

Hole ID
PC25-159
Project
Philadelphia
Commodity
silver
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
12.85
Grade Unit
g/t
Intercept
2.34 m
From
344.88 m
To
347.22 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-159:344.88-347.22
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Sub-interval silver grade is nominal.

Evidence · text

“12.85 g/t silver from 344.88 downhole”
PC25-160Philadelphia · goldGrade: 0.293Grade Unit: g/tIntercept: 66.39 mView all details
Link to this fact

Identity

Hole ID
PC25-160
Project
Philadelphia
Commodity
gold
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
0.293
Grade Unit
g/t
Intercept
66.39 m
From
327.66 m
To
394.05 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-160:327.66-394.05
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: 0.29 g/t Au is weak for an epithermal system.

Negative factors

  • very low grade

Evidence · text

“66.39m at 0.293 g/t gold”
PC25-160Philadelphia · silverGrade: 1.364Grade Unit: g/tIntercept: 66.39 mView all details
Link to this fact

Identity

Hole ID
PC25-160
Project
Philadelphia
Commodity
silver
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
1.364
Grade Unit
g/t
Intercept
66.39 m
From
327.66 m
To
394.05 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-160:327.66-394.05
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Silver grade is nominal.

Evidence · text

“1.364 g/t silver from 327.66m downhole”
PC25-160Philadelphia · goldGrade: 1.46Grade Unit: g/tIntercept: 1.07 mView all details
Link to this fact

Identity

Hole ID
PC25-160
Project
Philadelphia
Commodity
gold
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
1.46
Grade Unit
g/t
Intercept
1.07 m
From
327.66 m
To
328.73 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-160:327.66-328.73
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Sub-interval grade is moderate for epithermal.

Evidence · text

“1.07m at 1.46 g/t gold”
PC25-160Philadelphia · silverGrade: 1.2Grade Unit: g/tIntercept: 1.07 mView all details
Link to this fact

Identity

Hole ID
PC25-160
Project
Philadelphia
Commodity
silver
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
1.07 m
From
327.66 m
To
328.73 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-160:327.66-328.73
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Sub-interval silver grade is nominal.

Evidence · text

“1.2 g/t silver from 327.66 m downhole”
PC25-160Philadelphia · goldGrade: 1.87Grade Unit: g/tIntercept: 1.34 mView all details
Link to this fact

Identity

Hole ID
PC25-160
Project
Philadelphia
Commodity
gold
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
1.87
Grade Unit
g/t
Intercept
1.34 m
From
367.25 m
To
368.59 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-160:367.25-368.59
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Sub-interval grade is moderate for epithermal.

Evidence · text

“1.34m at 1.87 g/t gold”
PC25-160Philadelphia · silverGrade: 9.8Grade Unit: g/tIntercept: 1.34 mView all details
Link to this fact

Identity

Hole ID
PC25-160
Project
Philadelphia
Commodity
silver
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Geometry

Grade
9.8
Grade Unit
g/t
Intercept
1.34 m
From
367.25 m
To
368.59 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
PC25-160:367.25-368.59
Mining Method
underground

QA/QC

Laboratory
Skyline Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
fire assay, four-acid digestion, ICP analysis

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: Sub-interval silver grade is nominal.

Evidence · text

“9.8 g/t silver from 367.25 m downhole”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.