Arizona Metals (TSX: AMC) (OTCQX: AZMCF) today, the first hole (KM-23-104) drilled at the western target of the Kay Mine project, contains visible copper sulfide (chalcopyrite) and zinc sulfide (sphalerite), from a 16-meter stringer to a semi-giant hole. announced that it intersected with sulfide minerals. According to the update, VMS mineralization occurred within wider intervals of quartz carbonate veins of the same minerals with sulfide minerals (pyrite, pyrrhotite, sphalerite, chalcopyrite, arsenopyrite) and was not portable in situ. Shows unusual zinc and copper readings from XRF. The hole ended in a sulfide-bearing core, but stopped 888 meters downhole due to a detached drill rod. Hole 104 has been submitted for analysis, results pending. In addition, the company will continue testing this new mineralized zone via new fork hole KM-23-104A. “It is very pleasing to intersect such a wide interval of VMS mineralization at the first hole of the Western Target, and I believe that the mineralization extends well beyond the footprint of the Kay Mine deposits to our claims. It’s another step in confirming our claims,” said Marc Pais. , CEO of Arizona Metals. “We have observed mineralization and alteration in this first hole, which is similar to that seen near the large-scale sulfide mineralization of the silica mine deposits. Guide the target at the hole and move the second drill to the western target to accelerate testing of new mineralization.”
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About Arizona Metals Corporation
Arizona Metals Corp owns 100% of the Kay Mine Project in Yavapai County. The project is located on a combination of 1,300 acres of patents and his BLM claims 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. (Fellows, ML, 1982, Kay Mine massulfide deposit: Internal Report to Exxon Minerals Company, November 1982, p. 29) At least 900 meters. Supports expansion on strike and at depth. The company also owns 100% of his Sugar Loaf Peak property in La Paz County on his BLM claim of 4,400 acres. Sugar loaf 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). A historical estimate of the Camine deposit was reported in 1982 by Exxon Minerals and a historical estimate of the Sugarloaf Peak property was reported in 1983 by Westworld Resources. Historical estimates 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. Prior to historical estimates being verified and upgraded to current Mineral Resources, critical data must be compiled, re-edited (as defined in National Instrument 43-101 – Disclosure Standard for Mineral Projects) by qualified personnel. Drilling, and 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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