A junior miner just announced what every shareholder wants to hear; high-grade gold and silver following a recent drill completion. Shares of Arizona Silver Exploration Inc. (OTCQB:AZASF) skyrocketed after the company reported high gold-silver grades from drilling completed in May – June 2021 on the Perry vein at the Philadelphia project in Mohave County, Arizona.
Arizona Silver is a mining company. It is principally engaged in acquiring and evaluating exploration assets. The company owns an interest in the Ramsey Silver Project, Sycamore Canyon Property, and Philadelphia Property in Arizona; Silverton Gold Property in Nevada.
Traders were extremely optimistic on the news as shares quickly shot up to a mid-session high of $0.182/share (+25.52%). On an overall optimistic day in the broader markets, this micro cap is having tremendous success as we head towards the last two hours of trade.
