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Toronto, June 26, 2023 /CNW/ – Arizona Metals Corporation (TSX: AMC) (OTCQX: AZMCF) (the “Company” or “Arizona Metals”) is pleased to announce that the Company will be hosting a virtual-only shareholder update webinar. Monday, July 17, 2023from 11:00am – 12:00am ET.
The Shareholder Update webinar will be hosted by: Marc PaisCEO, Morgan Knowles, Vice President of Investor Relations reviews the company’s latest drilling results and discusses milestones, financial condition and outlook for the remainder of the fiscal year. our CEO, Marc PaisVice President of Investor Relations, Morgan Knowlespre-sent questions and live chat questions and answers made easy.
Investors are invited to submit questions to: [email protected]
Webinar login details:
Topic: Arizona Metals Corp. (TSX:AMCOTCQX: AZMCF) Shareholder Webinar
time: July 17, 2023 11:00 AM ET (U.S. and Canada)
Join our Shareholder Update Webinar:
https://us02web.zoom.us/j/81979704873?pwd=RkhmbkRhbHZBRjFsV3lOL29idGJRQT09
Conference ID: 819 7970 4873
Passcode: 340147
About Arizona Metals
Arizona Metals Corp owns 100% of the Kay Mine Project. Yavapai County, located on a combination of patented and BLM claims, totaling 1,300 acres and not subject to royalty. A historic estimate made by Exxon Minerals in 1982 identified and estimated reserves of 6.4 million short tons at a grade of 2.2% copper, 2.8 g/t gold, 3.03% zinc and 55 g silver. It is reported that (Fellows, ML, 1982, Large Sulfide Deposits at Kay Mine: An Internal Report Prepared for Exxon Minerals Company, November 1982, page 29) A historical estimate of the silicate mine deposit was reported by Exxon Minerals in 1982. This historical estimate has not been validated as a current Mineral Resource. None of the key assumptions, parameters, and methods used to create historical estimates are reported, nor are resource categories used. Editing, re-drilling, and data verification of critical data are “qualified personnel” (as defined in National Instrument 43-101 – Mineral Project Disclosure Standards) before historical estimates are verified and upgraded to current Mineral Resources. Qualified personnel have not done sufficient work to classify it as a Current Mineral Resource, and Arizona Metals has not treated historical estimates as a Current Mineral Resource.
Silica mine deposits are steeply sloping VMS deposits 60 meters at least 900m. It is open to expansion on attack and in depth.
The company also owns 100% of the Sugar Loaf Peak property located on 4,400 acres of BLM ownership in La Paz County. Sugarloaf is an open pit target of mountain leachate, with a historical estimate of “100 million tonnes containing 1.5 million ounces of gold” at a grade of 0.5 g/t (Dausinger, 1983, Westworld Resources). A historical estimate for the Sugarloaf Peak property was reported by Westworld Resources in 1983. This historical estimate has not been validated as a current Mineral Resource. None of the key assumptions, parameters, and methods used to create historical estimates are reported, nor are resource categories used. Extensive data compilation, re-drilling and data validation by qualified personnel may be required before historical estimates can be validated and upgraded to current mineral resources. Qualified personnel have not done sufficient work to classify it as a Current Mineral Resource, and Arizona Metals has not treated historical estimates as a Current Mineral Resource.
Qualified personnel and quality assurance/quality control
All Arizona Metals drill sample analytical results are independently monitored through a Quality Assurance/Quality Control (“QA/QC”) protocol that includes the periodic insertion of blind reference standards and blanks. Harvesting and sampling were completed at Arizona Metals’ core handling facility. phoenix and Black Canyon City, Arizona. The drill cores were cut with a diamond saw on site and samples of the drill core halves were safely shipped to the ALS Laboratories (“ALS”) sample preparation facility. Tucson, Arizona. A sample pulp was sent to the ALS laboratory. Canada, Vancouverfor analysis.
Gold content was determined by fire analysis of 30 grams of charge with ICP finish (ALS method Au-AA23). Silver and 32 other elements were analyzed by the ICP method (ALS method ME-ICP61a) with tetraacid digestion. Over-threshold samples for Au, Ag, Cu, and Zn were determined by ore grade analysis Au-GRA21, Ag-OG62, Cu-OG62, and Zn-OG62, respectively.
ALS Laboratories is independent of Arizona Metals Corp. Vancouver The facility is ISO 17025 certified. ALS also performed its own internal QA/QC procedures to ensure the accuracy and completeness of its results. The parameters of the ALS internal and Arizona Metals external blind quality control samples were acceptable for the samples analyzed. Arizona Metals is not aware of any drilling, sampling, recovery or other factors that may materially affect the accuracy or reliability of the data referenced herein.
The qualified individuals who have reviewed and approved the Technical Disclosure for this release are: David Smith, CPG, National Instrument 43-101 – Qualified Person as defined in Mineral Project Disclosure Standards. Mr. Smith oversaw the preparation of the scientific and technical information forming the basis of this news release and reviewed and approved its disclosure here. Mr. Smith is our Vice President of Exploration. Mr. Smith oversaw the training program and provided the sampling, analysis and QA/QA/s underlying the technical information in this news release, including the review of all procedures performed for ALS reports, methodology, results and quality assurance. We have verified the disclosed data, including QC data. Quality control was carried out in a manner consistent with industry practice, and in his professional judgment everything was consistent and accurate. There were no restrictions on the verification process.
Disclaimer
This press release contains statements that constitute “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Any statements discussing predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (but not always, “expects” or “does not expect”, “expects”, “anticipates often use phrases like “may” or “might”, “would”, “might” or “may”, or any variation of such words or phrases, or stating a particular action, event or outcome may be forward-looking statements rather than statements of historical fact. The forward-looking statements contained in this press release include the results of drilling and future drilling and analysis, the completion of the Phase 2 drilling program, the commencement and anticipated costs of the Phase 3 drilling program, and the existence and expected costs of potential drilling. including, but not limited to, statements of scale. His VMS deposit at the Kay Mine Project. In making the forward-looking statements contained in this press release, we make certain assumptions. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot give any assurance that the expectations in the forward-looking statements will prove to be correct. known and unknown risks, uncertainties and other factors that could cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements; Such factors include, but are not limited to: Funding potential. Delay or failure to receive required permits or regulatory approvals. General business, economic, competitive, political and social uncertainties. Readers should therefore not place undue reliance on the forward-looking statements or information contained in this press release. Except as required by law, we make no statements to reflect actual results, whether as a result of new information, future events, changes in assumptions or changes in factors affecting the future. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. – Whether you are looking for statements.
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Source: Arizona Metals Corp.
For more information: Morgan Knowles, Vice President of Investor Relations, (647) 202-3904, [email protected]or Arizona Metals Corp. President and CEO, Marc Pais (416) 565-7689, [email protected]www.arizonametalscorp.com, https://twitter.com/ArizonaCorp
