Arizona Gold & Silver Inc
(TSXV-AZS; OTCQB-AZASF)
One of the more unique geological/structural stories I’ve ever covered for a metals project is that of Philadelphia Project of Arizona Gold and Silver Corp. (TSXV-AZS; OTCQB-AZASF.)
Those who have followed my coverage already know of the unique Red Hills “core” area of what is a FAR larger and more prospective property than I had imagined, once I saw it “up close and personal” during an April visit.
When C.E.O. Mike Stark and previous V.P.-Exploration Greg Hahn (who has always believed this project was the greatest one he’s seen in his career) first sank their teeth into this, it had the reputation based on limited historical work of being more of a silver play. But as time and drilling have gone on, gold has emerged as by far the biggest ingredient; and I came away convinced that early expectations of one million ounces of gold equivalent potential REALLY IS a potential of several times that.
Indeed, over AZS’s vast ground here (which it recently expanded) I was struck in seeing the VERY overt, on surface expressions of both 1. The larger Arabian Fault along which mineralization and only scant, small-scale mining has been done and 2. The countless outcrops and surface expressions almost everywhere you looked of mineralization.
Below, recently hired new V.P. of Exploration to replace the retiring (but still engaged!) Hahn, Dr. Lex Lambeck, explained his take on the exploration game plan while we were standing on one of countless outcrops of mineralization at the Red Hills (and while in the background, additional areas of exposed mineralization from occasional eruptions through this domed “pressure cooker” are apparent.)
Indeed (and folks, ANY pictures I can share just don’t do justice to this story, as I learned with my own eyes on things!) Lambeck himself is salivating and uber-optimistic in coming on board. He and I, with Stark, were continually reinforcing the observations that—though exploration drilling is always a risky business—a lot of that has been mitigated from the start by such glaring surface “clues” as represented in this geologically unique and still largely unexploited part of the historic Oatman Mining District.
As I just shared in great detail with our audience, new drilling as I am writing this (while I was there and immediately afterward) continues moving the ball forward and suggesting ever more that AZS shares are CHEAP given what they are likely sitting on!
And as we get to the mid-year point, two other developments have come together to allow C.E.O. Stark, Lembeck and Company to really step on the gas at Philadelphia:
- https://arizonagoldsilver.com/arizona-gold-silver-inc-closes-18m-financing-with-institutional-investors-sorbie-bornholm-lp-and-sorbie-investments-llp/ — The closing of an C$18 million investment into AZS by two arm’s length institutional investors, Sorbie Bornholm LP and Sorbie Investments LLP. This substantially adds to the Treasury; and notably, the investment was done at a fair bit above the market price. This is reportedly the largest single investment made to date by this boutique firm.
- https://arizonagoldsilver.com/arizona-gold-silver-receives-approval-for-expansion-and-exploration-drilling-program-on-the-philadelphia-gold-silver-project-arizona/ — The June 16 news that the company’s plans to increase exploration via a permit for additional drill pads, holes and associated needs has just been granted by the B.L.M.
Last but not least! – As you’ll see at https://arizonagoldsilver.com/arizona-gold-silver-commences-27-hole-drill-program-at-the-silverton-gold-antimony-project-nevada/, the first major exploration and drilling under AZS’s ownership is set to begin on the company’s Silverton gold-antimony project in Nye County, Nevada.
Company Contacts:
Website — https://arizonagoldsilver.com/
LinkedIn – https://www.linkedin.com/company/arizona-goldandsilver-exploration
KEY INTERVIEWS / UPDATES:
May, 2026 – Here, Chris visits with C.E.O. Mike Stark to recap Chris’ then-just concluded visit to the company’s Flagship Philadelphia Project on the western edge of Arizona. Incredibly–though you can look at this setting today and wonder how such an accessible and infrastructure-rich area ever went so unexploited for so long–THAT’S JUST THE STORY!
January, 2026 – Here, Chris and Mike Stark record a “quickie” setting the table for 2026: recaps of work at Philadelphia, coming plans for Silverton and links to other background (including Mike’s year-end 2025 recap for AZS shareholders and followers.)