Completion RC Drilling Program At Philadelphia Gold & Silver Property

VANCOUVER – Arizona Silver Exploration Inc. has completed its Q2 reverse circulation (RC) drilling program at the Company’s Philadelphia gold-silver project located in Mohave County, Arizona. The Company completed a total of 6,270 feet in 15 holes on the recently acquired Perry Claim. Exploration drilling focused on testing along the strike and shallow dip of +1400 feet of the Perry vein, visible in outcrop at surface.

Mike Stark, President and CEO, said, “In reference, we are 4,000-5,000 lineal feet away from the Philadelphia mine/vein area where we last intersected the high-grade vein. A total of 15 RC holes were drilled on five sections and tested the shallow levels of the Perry vein exposed on the surface. All 15 holes intersected the vein. Vein thicknesses generally increase with depth as do vein textures.  The deepest intercepts looked the best in terms of thickness and boiling zone textures.  It is apparent from the results of this drilling program that we appear to have the complete boiling zone preserved intact beneath the surface.  Also, the host geology is relatively uninterrupted by post-mineral faulting that confounds the exploration of the down-dip pursuit of the Philadelphia vein to the north. Drilling samples from the RC drilling campaign are being sent to ALS Minerals sample preparation facility in Tucson, Arizona under strict chain of custody. We have 4,500 feet of strike, south of the Perry claim, that remain untested. Our district level analysis interprets that the entire +11,000 feet of the vein system is tilted to the south. The further south along the vein system we go the higher we appear to be in the vein system, and the better preserved the boiling zone is. Conversely, the further north we go the deeper we appear to be in the vein system. Erosion appears to have removed (a significant) part of the vein system in the north. Sampling is underway to follow up on earlier sampling that indicated the presence of anomalous gold and silver in association with the continuation of the Arabian fault and associated veining within and south of the Perry claim.”