Acquisition Of Sycamore Canyon Property Completed

Acquisition Of Sycamore Canyon Property Completed

VANCOUVER – Arizona Gold & Silver Inc. has closed on the acquisition of 10 unpatented lode mining claims that form the Sycamore Canyon Epithermal Gold-Silver Project in southeastern Arizona. This Project presents an attractive, low-cost entry opportunity for a possible partner to unlock its potential and advance, while the Company continues to focus its exploration efforts on its Philadelphia Gold-Silver Project.

Mike Stark, President and CEO, said, “With our primary focus on advancing the highly prospective Philadelphia Gold-Silver Project, exploration work at Sycamore Canyon had been deferred. Having now completed the property acquisition, we’re well-positioned to unlock its potential. Surface results and geophysics have allowed for high-quality drill targets to be defined, presenting an exciting discovery opportunity for a potential partner. Sycamore Canyon is a high-quality asset in our project portfolio and partnering is preferred to advance this project while we continue exploration and drilling at Philadelphia.”