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
Extracted
2026-09-19 12:05:01 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Arizona Gold & Silver reported assays from two drill holes, PC25-159 and PC26-160, at the Philadelphia project in Arizona. The results intersected low-grade gold and silver within east-west faults that offset the main mineralization, providing structural constraints but confirming the system remains open at depth.

Reasoning: The drilling returned low-grade intercepts that helped define structural boundaries (faults) rather than expanding the high-grade core, though the system remains open at depth.

Positive factors

  • Structural understanding improved via fault identification
  • System remains open at depth
  • Geophysical program underway to refine targets

Negative factors

  • Intercepts returned low grades
  • Structural complexities (faults) truncating the zone

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 details lab (Skyline Labs), assay methods (fire assay, 4-acid digestion), and QP sign-off.

Evidence · text

“The HQ core is delivered in its entirety to Skyline Labs in Tucson, Arizona where it is sawed in half based upon sample intervals designated by the project geologist.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness is estimated at 60% of drilled thickness rather than being directly measured.

Evidence · text

“True thickness is estimated at approximately 60% of drilled thickness.”

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-159:318.61-347.02
Mining Method
underground

QA/QC

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: Intercept is below the moderate threshold for epithermal gold.

Negative factors

  • Low grade intercept

Evidence · text

“28.41 metres (“m”) at 0.68 g/t gold and 6.04 g/t silver from 318.61m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-159:318.61-347.02
Mining Method
underground

QA/QC

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: Secondary metal reported alongside gold.

Evidence · text

“28.41 metres (“m”) at 0.68 g/t gold and 6.04 g/t silver from 318.61m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-159:318.61-322.57
Mining Method
underground

QA/QC

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 within the main intercept.

Evidence · text

“3.96m at 1.66 g/t gold and 7.6 g/t silver from 318.61m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-159:318.61-322.57
Mining Method
underground

QA/QC

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 within the main intercept.

Evidence · text

“3.96m at 1.66 g/t gold and 7.6 g/t silver from 318.61m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-159:327.42-328.82
Mining Method
underground

QA/QC

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 and 8.2 g/t silver from 327.42 m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-159:327.42-328.82
Mining Method
underground

QA/QC

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 and 8.2 g/t silver from 327.42 m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-159:344.88-347.22
Mining Method
underground

QA/QC

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 within the main intercept.

Evidence · text

“2.34m at 1.74 g/t gold and 12.85 g/t silver from 344.88 downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-159:344.88-347.22
Mining Method
underground

QA/QC

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 within the main intercept.

Evidence · text

“2.34m at 1.74 g/t gold and 12.85 g/t silver from 344.88 downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-160:327.66-394.05
Mining Method
underground

QA/QC

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: Intercept is significantly below the moderate threshold for epithermal gold.

Negative factors

  • Very low grade

Evidence · text

“66.39m at 0.293 g/t gold and 1.364 g/t silver from 327.66m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-160:327.66-394.05
Mining Method
underground

QA/QC

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: Secondary metal reported alongside gold.

Evidence · text

“66.39m at 0.293 g/t gold and 1.364 g/t silver from 327.66m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-160:327.66-328.73
Mining Method
underground

QA/QC

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 within the main intercept.

Evidence · text

“1.07m at 1.46 g/t gold and 1.2 g/t silver from 327.66 m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-160:327.66-328.73
Mining Method
underground

QA/QC

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 within the main intercept.

Evidence · text

“1.07m at 1.46 g/t gold and 1.2 g/t silver from 327.66 m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-160:367.25-368.59
Mining Method
underground

QA/QC

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 within the main intercept.

Evidence · text

“1.34m at 1.87 g/t gold and 9.8 g/t silver from 367.25 m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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
usa_az
Ticker
AZS

Geometry

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

Classification

Sample Type
drill
Group ID
PC25-160:367.25-368.59
Mining Method
underground

QA/QC

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 within the main intercept.

Evidence · text

“1.34m at 1.87 g/t gold and 9.8 g/t silver from 367.25 m downhole”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.