- Arizona Gold (AZG) is releasing additional underground drilling results from its Copperstone Gold Project
- Underground drilling highlights included a drill hole that returned 1.5 metres at 22.07 ounces of gold per tonne of material mined
- Arizona Gold owns a 100 per cent interest in the Copperstone Gold Project
- Underground exploration core hole drilling is ongoing
- Arizona Gold is unchanged on the day, with shares of the company trading at C$0.12 at 3:29 pm ET
Arizona Gold (AZG) is releasing additional underground drilling results from its Copperstone Gold Project.
Arizona Gold owns a 100 per cent interest in the Copperstone Gold Project located in Arizona.
Underground drilling highlights include drill hole AZG-21-13-12 that returned 1.5 metres at 22.07 ounces of gold per tonne of material mined and 1.2 metres at 11.73 grams of gold per tonne of material.
Drill hole AZG 21-13A-18 displayed 4.7 metres at 2.34 grams of gold per tonne of material, including 0.9 metres at 5.33 grams of gold per tonne.
“We are pleased to announce additional results from the underground core drilling program which continues to show continuity and extension in mineralized domains over good mining widths.
Additionally, we see further indications of previously unknown mineralization below the previously defined mineralized domain CUVND3.
We are now moving forward with in-fill definition drilling of planned stopes, which will provide information for final stope design planning.
Additionally, upon completion of the current phase of drilling, the company will provide an updated resources estimate which will also include drilling results from 5,000 meters of successful drilling in 2019,” said Arizona Gold President and CEO Giulio Bonifacio.
The underground exploration core hole drilling is ongoing and has focused on the D zone of the Copperstone shear zone. Continuity and extension of mineralized domains were realized in many holes.
Arizona Gold is an emerging American gold producer advancing the restart of production at its 100-per-cent-owned, fully permitted, past-producing Copperstone mine project, located in mining-friendly Arizona.
Arizona Gold is unchanged on the day, with shares of the company trading at C$0.12 at 3:29 pm ET.