Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF)The Arizona-based company, which focuses on copper and gold exploration, has completed construction of a road to the first of two drilling pads on the western target of its Cay Mine Project. Announced. According to the announcement, these pads will allow testing of the western target and drilling of the anomaly between the central and western targets. In the announcement, the company also noted that the central target is believed to be a structural repeat of the Kay mine deposit. As of September 2022, Arizona Metals will have his $58 million in cash, the remaining 5,000 meters outlined in Kay’s Phase 2 program and his 76,000 additional meters for the Phase 3 program. Sufficient funding has been provided to complete the Arizona Metals CEO Marc Pais said in his press release: “Although this target is located just 1,200 meters west of the Kay Mine deposit, drilling that began this week will be the first to test the area in the asset’s history. We will continue filling and exploration drilling at the Caustic Mine deposit while conducting detailed exploration of the central and western targets for the first time in the known asset’s history.”
To view the full press release, please visit: https://ibn.fm/Wy5v3
About Arizona Metals Corporation
Arizona Metals Corp owns 100% of the Kay Mine property in Yavapai County. The property is located on a combination of patents and his BLM claims totaling 1,300 acres that are not subject to royalty. A previous estimate by Exxon Minerals puts “6.4 million short tons of probable inferred reserves with grades of 2.2% copper, 2.8 g/t gold, 3.03% zinc, and 55 g/t silver.” Reported. A historical estimate of the Kay mine was reported by Exxon Minerals in 1982. Historical estimates have not been validated as current Mineral Resources. The company also owns 100% of the Sugarloaf Peak property in La Paz County on his BLM claim of 4,400 acres. Sugarloaf is a heap-reach open pit target, with historical estimates of “100 million tons containing 1.5 million ounces of gold” at a grade of 0.5 g/t. For more information about the company, please visit: www.ArizonaMetalsCorp.com.
Full Disclosure: Arizona Metals Corp. is a marketing client of Investor Brand Network.
Note to investors: The latest news and updates about AZMCF are available in the company’s newsroom at: https://ibn.fm/AZMCF
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