Arizona Silver Exploration‘s (TSXV:AZS) Ramsey silver projectin the mining-friendly jurisdiction of Arizona includes the historic Ramsey mine.

The property hosts a polymetallic system of predominantly silver with potential leadzinc by-products and recently identified concentrations of gold. Phase 1 drilling is underway, and the results to date have prompted Arizona Silver to focus more attention on the western induced polarization (IP) anomaly to determine the size and depth of the sulfide-bearing body.

In the interview below, Arizona Silver CEO Greg Hahndetails 2017plans for the Ramsey silver project andexplains the company’s shiftin focus to the western IPanomaly.Below is a transcript of our conversationwith Hahn. It has been edited for clarity and brevity.

Investing News Network: Please provide our audience with some background on your Ramsey silver project in Arizona and what makes the project stand out among its peers in this space.

Arizona Silver CEO Greg Hahn: We started Arizona Silver as a private company about two years ago and spent the first $150,000 privately, conducting geophysics and geochemistry around a historic silver-producing mine that operated from the 1920s to the 1960s. We felt that this was an excellent target to potentially bring to market once we were able to quantify the sizes and dimensions of the areas surrounding the silver mine. We completed a private placement transaction back in November 2016 and came out as a public company. We’re a relatively new kid on the block from a public company perspective.

What makes the company attractive for investors is we have a very tight capital structure with 28 million shares outstanding and nowarrants, which gives shareholders the opportunity to get in early on a company that has an attractive silver project. Another attractive feature of the company is the historic Ramsey silver mine, a high-grade producer averaging around 1,370 grams per ton silver. The old timers didn’t follow the target area under cover. They mainly mined what was available to them from the surface exposure on down. So there is a larger unexplored area, and the geophysics indicate that there’s a large target area to be pursued.

INN: You recently released results from aPhase 1 drill program targeting the northern magnetic anomaly at Ramsey, and now plan to shift focus to the large western IP anomaly on the property. What can you tell us about those Phase 1 results and your plans for the project moving forward?

GH: The geophysics indicated to us that the large magnetic anomaly north of the old Ramsey mine workingswasabout 20 times the size of the Ramsey mine itself. It is a very attractive target; however, it was underneath the unknown thickness of alluvial cover. We had to drill to try to find out what was causing the magnetic anomaly. We got through about 100meters of cover and intersected some extremely altered fissure volcanics –with very low levels, but anomalous values of silver – then suddenly went into a flatline fault thatterminated the mineralization and got into some basement granite.

Low-angle detachment faults are typical to the terrain in this area. They are similar to gravity-slide faults. The continental crust is stretched, and these low-angle faults developed and have slid large blocks of rock forming on top of another. We believe that this large northern magnetic anomaly that we drilled, but lost in