Arizona Metals (TSX: AMC) (OTCQX: AZMCF)is a mineral exploration company engaged in the development of precious and base metal deposits and has selected potential historic high-grade copper deposits located in Arizona, a stable jurisdiction with a long history of copper mining. bottom. “In the annual Fraser Institute study, Arizona and Nevada rank among the world’s most successful states with efficient permitting processes and shortened drilling and development timelines that help reduce project risk and lower exploration costs. It consistently scores among the most attractive mining jurisdictions.Marc Pais, president and CEO of Arizona Metals Corp., said the drill’s rapid deployment was another of the project’s land tenure advantages. and revealed that it takes an average of three months for the company to obtain a drilling permit, by comparison other junior mining competitors often take much longer, sometimes nothing. The project is said to have already garnered significant market attention, yet the experienced management believes that as the drilling results are revealed during the exploration program, it will serve as a base for the intermediate tier. “We are not mining builders, but we know what gold and copper companies want,” read a recent article. said Paul Reed, chairman of the company. “While we are in jurisdictions they prefer, we need to build a production profile that moves the needle for producers looking for additional copper and gold production, while continuing to de-risk the cay mining project. , should continue to show how big the Kay Mine project can be.”
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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 historic estimate by Exxon Minerals in 1982 put “a proven estimate of 6.4 million short tons with grades of 2.2% copper, 2.8 g/t gold, 3.03% zinc, and 55 g/t silver.” reserves” have been reported. A historic estimate of the Cay mine was reported in 1982 by Exxon Minerals. Open to expand on strike and in depth. 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 (Dausinger, 1983, Westworld Resources). The historic estimated Peak property at Sugarloaf was reported by Westworld Resources in 1983. Historical estimates of Cay Mine and Sugar Loaf Peak properties have not been validated as current mineral resources. The key assumptions, parameters, and methods used to develop the historical estimates were not reported, nor were the categories of resources used. Compilation, re-drilling, and re-drilling of critical data by a “Qualified Person” (as defined in National Instrument 43-101 – Mineral Project Disclosure Standard) before historical estimates are verified and upgraded to the current Mineral Resource. Data validation may be required. Qualified personnel have not done sufficient work to classify these as Current Mineral Resources, and Arizona Metals has not treated historical estimates as Current Mineral Resources.
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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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