Arizona Gold & Silver Commences 27-Hole Drill Program at the Silverton Gold-Antimony Project, Nevada

Key Takeaways

• 27 RC holes target near-surface antimony and deeper gold at Silverton
• Three holes will be cased for future diamond drilling beyond 150 m
• Antimony assays reached up to 7.95% Sb in surface samples
• Project sits over MT anomaly indicating potential Carlin‑type gold system
• Drilling fully funded, contract awarded to GroundTruth Drilling

Pulse Analysis

Nevada’s historic mining districts continue to attract exploration capital, and Arizona Gold & Silver’s Silverton project exemplifies this trend. Situated in central Nevada’s Oligocene volcanic‑over‑carbonate setting, the property hosts quartz‑stibnite veins that have yielded surface antimony grades approaching 8 percent Sb. Antimony’s designation as a U.S. critical mineral underscores the strategic importance of projects that can supply this scarce element for defense and high‑tech applications, positioning Silverton as a potential domestic source.

The 27‑hole reverse‑circulation program is designed to test both the continuity of the near‑surface antimony‑bearing structures and the deeper, concealed gold system inferred from geophysical and geochemical anomalies. While most holes target 30‑45 metre depths suitable for evaluating open‑pit potential, three deeper, cased holes will enable future diamond drilling to intersect the conductive MT anomaly roughly a kilometre below surface. This dual‑focus approach reflects a broader industry shift toward multi‑commodity exploration, where a single project can deliver value across several metals.

If assay results confirm the high‑grade antimony and reveal a Carlin‑type gold envelope, the project could attract significant investor interest and potentially fast‑track development, given its fully funded status. Such an outcome would not only boost Arizona’s market profile but also contribute to U.S. strategic mineral independence. Stakeholders will be watching the forthcoming assay releases closely, as they will set the tone for subsequent drilling phases and possible resource estimation.