Mike Stark's Linkedin Analytics

The Philadelphia Property is located in Mohave County, in northwestern Arizona. The region is home to the Oatman Mining District, which has produced over 2.5 million ounces of gold from high-grade veins from underground mining. It is currently the location of active gold mining operations by Northern Vertex at the Moss Mine open pit heap leach operation, and by Aura Resources at the Gold Road underground mine and agitation leach operation. The Philadelphia property is located approximately 6 miles from the Moss Mine and 10 miles from the Gold Road mine. On Jan. 29, 2020 Arizona Silver Exploration Inc. announced that it had entered into a purchase and sale agreement covering the 11 unpatented mining claims currently covered under a lease with option to purchase agreement on the Philadelphia project. On November 12, 2020 the Company announced that it has bought out the existing 1% NSR on the Philadelphia property. The Philadelphia property, now comprised of 20 claims, is 100% owned by Arizona Silver Exploration, and the property is now free of all financial obligations.