exploring high grade silver-gold targets in...
TRANSCRIPT
TSX.V: AZS
AZASF -OTCQB
Exploring High Grade Silver-Gold Targets In Arizona
January 2020
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Ramsey Silver
Project
Project Locations
Sycamore Canyon
Project
Philadelphia
Property
Arizona, U.S.A“the mining friendly state”
OatmanMiningDistrict
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Philadelphia Property
Project Highlights
• 100% owned, high-grade historic producer
• October 2019 core drill program highlights:• 41.6 grams/tonne Au and 94.4 gpt Ag across 0.76 metres, from 10-10.76 metres,• 23.47 grams/tonne Au and 97.2 gpt Ag over 2.3 metres, from 8.5-10.76 metres
• May 2019 initial 6 hole drill program highlights:• 3.1 metres grading • 15.8 gpt Au• 90 gpt Ag
• 1.5 km of strike untested to the north
• Approximately 2 km of strike untested to the south
• All six drill holes contain high to very high levels of beryllium
• Past production indicates gold grades ranged from 0.3 - 0.79 opt (10-27 gpt) Au
• Historic silver grades in production shaft average 12.25 opt (420 gpt) Ag
• Readily accessible – less than 100 metres from paved road access
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Philadelphia Property
Geologic Section PRC19-1 thru PRC19-6
#1 #2 #3 #4 #5 #6
shaft
150 ft.
200ft. 200ft. 200ft.
290ft.
170ft.
NW SE
50 ft.
Tertiaryvolcanics
Precambriangranite
Precambriangranite
Tv
PCg
Tr1
Tr1
Tr1
Tr1
Tr1+2
alluvium
H2O
4.6-18.3 m: 1.14 gpt Au41.1 gpt Ag
21.3-36.6 m: 1.09 gpt Au17.1 gpt Ag
39.6-48.8 m: 0.95 gpt Au17.4 gpt Ag
7.6-29.0 m: 3.78 gpt Au53.3 gpt Ag
3.1-9.2 m: 4.04 gpt Au46.8 gpt Ag 4.5-6.1 m:
4.27 gpt Au16.7 gpt Ag
Philadelphia Property
Philadelphia Project High-Grade Vein
PRC19-1 thru PC19-8 Including Core Holes
Summary Drill Hole Intercepts
Hi-Grade Vein Width ft. OPT Au gxt Au OPT Ag gxt Ag OPT Au(eq) gpt Ag GPT Au
PRC19-1 10 0.210 2.100 1.45 14.50 0.227 49.72 7.20
PRC19-2 10 0.461 4.608 2.62 26.25 0.492 90.00 15.80
PRC19-3 5 0.125 0.625 0.49 2.45 0.131 16.80 4.29
PRC19-4 5 0.071 0.355 3.53 17.65 0.112 121.03 2.43
PRC19-5 5 0.129 0.645 1.52 7.6 0.147 52.12 4.42
PRC19-6 5 0.113 0.565 0.96 4.8 0.124 32.92 3.87
PC19-2T 7.5 0.685 5.134 2.83 21.26 0.718 97.2 23.47
PC19-7 4 0.168 0.671 1.60 6.40 0.186 54.90 5.75
PC19-8 5 0.112 0.559 0.32 1.60 0.115 11.00 3.83
Weighted Average 6.3 0.270 15.26152 1.81452 102.5204 0.291
metres gpt Au gpt Ag gpt Au(eq)
metric 1.91 9.26 62.21 9.99
Au equivalents calculated $17 Ag and $1450 Au
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Philadelphia Property
o
oo
LM
LM
LM
T21N R20W GSR B&M
LMo
LMo
StateSection
Philadelphia GroupAnd Pit ClaimsLocation Map
scale
1000 ft.
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Philadelphia Property
Q2 2019 Drill Program
8Mexico
Tucson
Sycamore Canyon
Interstate10
Willcox
Sycamore Canyon Project Location
Eastern Arizona
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Claim block outline
Lease outlineEM Grid
Sycamore Canyon Property
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VLF-EM In-Phase Anomaly
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breccias
Historic Au-Ag Rock Chip Results
Sycamore Canyon North BrecciaSample ID Au ppm Ag ppm
SMT-3 0.240 54.52
601678 0.109 30.30
601679 0.008 16.40
SY-3 0.034 5.14
601680 0.018 17.90
SY-2 0.034 5.49
SC-11-02 0.030 24.00
SY-4 0.034 1.37
601681 0.586 3.30
SY-1 0.034 10.97
SY-6 0.034 4.11
SY-5 0.034 27.43
SY-14 0.034 6.17
SY-8 0.994 19.89
SY-9 0.343 3.77
601682 0.351 3.90
10-07 1.337 334.29
PM-3 0.389 19.43
TEN-1 0.343 14.74
HH-1/25-1 0.009 na
PM-1 1.726 360.35
SMT-16 0.343 10.97
SMT-1 0.069 24.69
SMT-2 0.103 27.09
SMT-4 0.103 23.31
SMT-5 0.171 28.11
SMT-6 0.137 57.26
SMT-7 0.171 120.69
SMT-8 0.411 99.09
SMT-9 0.309 67.89
SMT-10 0.309 108.35
SMT-10A 0.274 25.37
SMT-11 0.309 39.09
SY-7 0.309 2.06
SMT-12 0.583 45.60
SMT-13 0.446 31.89
SMT-14 0.069 19.89
601683 0.153 5.40
SY-10 0.034 7.20
SY-11A 0.034 24.34
SY-11 0.891 342.18
PM-4 0.171 0.34
PM-5 1.086 7.71
10-11 0.206 24.69
601684 0.492 >100
Pre-AZS Samples
Sycamore Canyon South BrecciaSC-11-01 0.030 33.00
601688 0.265 >100
SC-11-03 0.140 203.00
SC-11-01A 1.000 9.00
SC-08-06 0.040 2.10
SY-12 1.029 329.84
SC-2-14 0.290 176.00
SC-6-14 0.070 131.00
SC-5-14 0.410 523.00
SY-13-01 4R 0.050 61.00
SY-13-01 3R 0.090 150.00
SY-13-01 2R 0.080 87.00
SC-11-04 31.000 458.00
SY-13-01 1R 0.150 209.00
SY-13-01L 0.270 448.00
SC-1-14 0.170 90.00
SC-3-14 0.020 18.00
601687 1.108 >100
10-09 0.171 6.51
10-10 0.274 14.06
SC-07-2 0.960 103.55
601685 0.013 19.50
SC-4-14 0.270 56.00
HH-1/25-2 2.510 na
PM-2 0.514 20.23
TEN-2 2.331 28.11
10-06 2.126 28.80
SC-11-05 0.100 80.00
601686 2.286 >100
10-08 0.171 8.23
SC-11-09 1.200 3.00
SC-11-08 0.140 6.00
SC-08-01 0.170 20.80
SC-08-02 0.440 3.10
SC-11-06 0.030 2.00
SC-08-05 3.020 208.40
SC-08-04 0.280 59.70
SC-11-07 1.340 85.00
SY-13F 0.480 126.17
SY-13 0.651 64.12
SC-08-03 2.090 119.50
SMT-15 0.274 6.86
Sample ID Au ppm Ag ppm
Pre-AZS Samples
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North Breccia
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North Breccia South Breccia
Breccia Textures
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Ramsey Silver Project
Phoenix, Arizona
Ramsey Project Location in Western Arizona
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Regional OverviewCopperstone Gold Mine (Kerr Mines)
• Old production of 1370 gpt (~40 opt) Ag
• 41 existing 1960’s underground drill holes
• Intercepts up to 46 meters 304 gpt (8.87 opt) Ag
• Lead and zinc present up to 1% combined
• Large untested adjacent geochemical anomaly
• Upside potential for large deposit size
• 100% ownership with royalty buy-outs
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Project HighlightsProject Highlights
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High-grade vein with open stope Low-grade silver in volcanic breccia
Exposures of Geology Underground
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Level Location Width (ft) Silver gpt
35 shaft pillar south end 3.6 416.9
35 Shaft pillar north end 7.1 925.0
85 vein at north end 7.0 4,473.0
85 vein at N. end of shaft 13.3 316.1
139 vein at north end 10.0 296.9
139 vein at stope edge 8.0 159.8
184 shaft pillar 6.0 577.4
184 35 ft. S. of crosscut 5.0 5,187.5
253 95 ft. S of shaft 6.0 408.7
253 S. end of vein 5.0 69.3
299 W. vein at north end 5.0 253.7
299 W. vein at south end 5.0 184.5
299 crosscut between veins 10.0 111.8
299 Shaft pillar north end 5.0 761.8
299 pillar 55 ft. S. of shaft 7.0 1,156.8
AVERAGE 6.9 924.6
Ramsey Mine Old Channel Samples
Ends of Old Drifts
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Exploration Drill Results to Date
Hole No. From (ft) To (ft) From (m) To (m)
Thickness
(ft)
Thickness
(m) Ag gpt Ag opt
R1601C lost in old stope
R1602C 112 214 34.1 65.2 102 31.1 63.0 1.84
R1603C 244 289 74.4 88.1 45 13.7 34.0 0.99
R1604C 215 243 65.5 74.1 28 8.6 40.9 1.19
R1605C 251 415 76.4 126.5 164 50.1 32.5 0.95
R1706 205 500 62.5 152.4 295 89.9 42.2 1.23
R1707 215 469 65.6 143 254 77.4 30.8 0.90
R1708 365 480 111.3 146.3 115 35.0 20.0 0.58
R1709 420 495 128 150.9 75 22.9 31.4 0.92
R1710 365 400 111.3 122 35 10.7 41.7 1.22
R1711 350 410 106.7 125 60 18.3 45.8 1.34
R1712 15 50 4.6 15.2 35 10.6 57.7 1.68
R1801 570 585 173.7 178.3 15 4.6 18.6 0.54
R1802 440 500 134.1 152.4 60 18.3 15.5 0.45
R1803 370 485 112.8 147.8 115 35.1 16.3 0.48
R1804 335 505 102.1 153.9 170 51.8 19.4 0.57
R1805 385 435 117.3 132.6 50 15.2 15.3 0.45
R1806 445 470 135.6 143.3 25 7.6 25.7 0.75
R1807 510 590 155.4 179.8 80 24.4 18.6 0.54
Average to Date 96 29.5 31.5 0.92
R1801-R1803R1603C-R1605C
No Scale ImpliedModified from Spencer and WeltyArizona Geological Survey (1986)
High-grade vein
Low-grade halo
High grade vein target
Schematic Model of Ramsey Silver Mineral SystemDetachment Fault Related Deposit
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Geologic Section
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Black calcite plus quartz veins in overlying rhyolite (upward leakage)
With Ag-Pb-Zn-BaGeochem Signature
Geology of Overlying Rhyolite
500 feet
Upcoming 2020 Drill Program
Target Size+500 meters x 500 meters
o
o
Permitted2018 drill sites
Alluvial cover
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Arizona Silver Exploration Inc.
• TSX.V-AZS
• AZASF - OTCQB
• 49,475,905 shares outstanding
• 6,915,876 warrants
• 2,477,250 options
• 60,119,031 shares fully diluted
• as of March 17, 2020
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Share Structure
Mike Stark, RFC – President & CEO, Director, Interim ChairmanMr. Stark has over 32 years of business experience in the private sector as an owner and operator of two successful companies,
and 27 years in the public sector. Mr. Stark’s background includes corporate financing, investor relations, market support and
corporate strategic development. Companies he has worked with in the past include; Exeter Resources and Extorre Resources.
Greg Hahn – Certified Professional Geologist and Geological Engineer – VP Exploration and DirectorMr. Hahn has 43 years of experience in exploration and mine development. Greg has held senior level management positions with
several public mining companies. Has taken projects from mine development to financing and through to production, including
permitting, engineering, construction and operations.
Dong H. Shim – Chief Financial Officer and Corporate SecretaryDong H. Shim is a member of the Chartered Professional Accountants of British Columbia and a Certified Public Accountant
registered in the State of Illinois, United States. Mr. Shim has served as an audit partner on numerous audit engagements with a
mid-size firm located in Vancouver, British Columbia, where he audited various publicly traded companies, primarily focusing on
junior mining, oil and gas, pharmaceutical, and high-tech industries. As an audit partner, Mr. Shim also assisted various start-up
companies in achieving public listings on the TSX Venture Exchange, Canadian Securities Exchange and the OTC Market.
Eugene Spiering – DirectorMr. Spiering has 30 years of international experience in mineral exploration and senior level project management in the Western
United States, South America, and Europe. As VP Exploration, he participated in the discovery and development of the El Valle
and Carles gold mines, and the Aguablanca nickel mine in Spain, along with discovery of 2 new uranium mineralized breccia
pipes in Arizona.
David Vincent – DirectorMr. Vincent has a background in consulting and investment banking, corporate advisory, corporate public relations and capital
raising services within the resources sector. Former senior executive with BAE Systems, a global aerospace company. David is
currently the CEO of Canamex Gold Corp.
Brady Stiles – DirectorMr. Brady Stiles is an independent investor who possesses a diverse background with numerous entrepreneurial successes. As
Founder and CEO, he operated a US Federal Contracting Corporation. He was awarded a US patent following the design and
development of an oil spill containment and recovery system. Mr. Stiles has numerous motorsport wins and championships as
Crew Chief and Lead Designer for General Motor’s research and development division as well as Hydra-Matic Motorsports. Brady
also possesses over 20 years of real estate experience including acquisitions, land development and timberland management
Management TeamTechnical and Capital Markets Experience
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Mike Stark
President & CEO
Tel: 1-604-833-4278
arizonasilverexploration.com
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Greg Hahn, CPG#7122 and President/CEO of the Company, is the QP responsible forthe technical disclosure contained in this presentation
For More Information
This presentation contains forward-looking statements regarding future events and Arizona Silver’s future results that are subject to the
safe harbors created under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange
Act”). These statements are based on current expectations, estimates, forecasts, and projections about the industry in which Arizona
Silver operates and the beliefs and assumptions of Arizona Silver’s management. Words such as “expects,” “anticipates,” “targets,”
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expressions, are intended to identify such forward-looking statements. In addition, any statements that refer to projections of Arizona
Silver’s future financial performance, Arizona Silver’s anticipated growth and potential in its business and other characterizations of future
events or circumstances are forward-looking statements. Such statements are subject to a number of assumptions, risks and
uncertainties, including such factors as the volatility and level of commodity prices, currency exchange rate fluctuations, uncertainties in
cash flow, expected acquisition benefits, exploration mining and operating risks, competition, litigation, environmental matters, the
potential impact of government regulations, and other matters, many of which are beyond our control. Readers are cautioned that
forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from
those expressed or implied in the forward-looking statements.
CAUTIONARY NOTE to United States Investors Concerning Estimates of Measured, Indicated and Inferred Mineral Resources:
The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company
can economically and legally extract or produce. The information contained herein uses the terms “Measured”, “Indicated” and “Inferred”
Mineral Resources which may not be consistent with the reserve definitions established by the SEC. United States investors are advised
that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission
does not recognize them and expressly prohibits U.S. registered companies from including such terms in their filings with the SEC.
“Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It
cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules,
estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are
cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves.
United States investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or
legally mineable.
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DISCLAIMER
Cautionary Note Regarding Forward Looking Statements