Three Placer Claims Staked At Philadelphia Gold Silver Property

VANCOUVER – Arizona Silver Exploration Inc. has staked three placer mining claims at the Company's Philadelphia gold-silver project located in Mohave County, Arizona. The three placer claims cover 4500 feet of a dry stream bed that drains approximately 6000 feet of strike on the exposed Philadelphia Arabian gold-silver vein system.  Historic maps dating from the 1920s refer to “rich float” in the alluvium draining the vein system.  The claims cover the potential that a significant portion of the vein system has been eroded away, which may have occurred over the past 4 million years when the region first experienced uplift and erosion.  If the vein has been significantly eroded over time virtually all the eroded material was washed down this single drainage, which would have acted as a sluice for entrapment of any contained gold.  Bedrock beneath the drainage is composed of granite and units which have a fabric that crosses the drainage at a high-angle, and which would act as natural riffles to entrap any gold transported in the drainage.

Vice President, Greg Hahn, commented, "We have staked these claims to cover the possibility that there may be significant placer gold trapped in the drainage due to erosion of the vein, which is currently exposed across the entire 6000 feet of strike length that this drainage captures.  We are currently considering how best to evaluate the placer gold potential on these claims.”