Arizona Gold and Silver recent large capital raise set company up for busy exploration season

Proactive - Interviews for investors

Arizona Gold and Silver CEO Mike Stark joined Steve Darling from Proactive to share news that, due to strong investor demand, the company's non-brokered private placement has been increased to total proceeds of $4.6 million. The company said that raise also included Sprott and Rick Rule to its share registry. These funds will support the company’s upcoming exploration activities at its Flagship Philadelphia Property. Stark shared with Proactive that site preparation is almost complete for diamond core drilling at the Red Hills bulk tonnage target within the Philadelphia property. This target represents the down-dip extension of known mineralization and the western edge of a CSAMT anomaly beneath a hydrothermally altered dome known as Red Hill. The new drilling, which will occur on BLM-administered unpatented claims, will test mineralization further both along strike and down dip to the east. Drilling permits were recently received, and each drill hole is expected to take between 10 to 20 days to complete. #proactiveinvestors #arizonagoldandsilverinc #tsxv #azs #otcqb #azasf #GoldExploration #MiningNews #PhiladelphiaProject #RedHillsDrilling #RickRule #SprottGroup #GoldInvesting #JuniorMining #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews