Arizona Gold & Silver (TSX-V:AZS) has begun a 27-hole reverse circulation drilling program at the Silverton Gold-Antimony Project in Nevada, US.
The program is designed to test antimony-bearing quartz-stibnite veins identified through historical and recent surface sampling. It will also help advance the company’s interpretation that the antimony mineralisation may represent leakage from a deeper concealed carbonate-hosted gold system.
Three of the planned 27 holes will be drilled deeper and cased for potential future diamond drill extensions aimed at deeper geophysical and geochemical features interpreted to be prospective for Carlin-type gold mineralisation.
President and CEO Mike Stark says drilling marks a further step towards advancing a project that combines near-surface antimony potential with a deeper gold target in one of Nevada’s premier mineral belts.
Senior Vice President of Exploration Lex Lambeck says Silverton exhibits many of the geological characteristics associated with a “significant” antimony system and a deeper Carlin-type gold target.
“The current drill program is designed to evaluate the continuity and orientation of the antimony-bearing structures while advancing our understanding of the broader hydrothermal system and refining targets for future deeper drilling,” Lambeck says.
Silverton is located in central Nevada within a region affected by Oligocene magmatism and later Basin and Range extensions, which reactivated pre-existing structures and focused hydrothermal fluid flow.
Arizona Gold & Silver is a mineral explorer focused on precious metals in Arizona and Nevada, US.
Write to Aaliyah Rogan at Mining.com.au
Images: Arizona Gold & Silver
