Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF), based in Arizona and focused on copper and gold exploration, announced that it has completed road construction to the first of two drill pads at the Western Target of the company’s Kay Mine Project. According to the announcement, these pads will allow for testing of the Western Target and drilling of anomalies located between the Central and Western Targets. In the announcement, the company also noted that the Central Target is thought to be a structural repetition of the Kay Mine Deposit horizon. As of Sept. 2022, Arizona Metals has $58 million in cash and is fully funded to complete the remaining 5,000 meters outlined in the phase 2 program at Kay along with an additional 76,000 meters in the phase 3 program. “We are pleased to announce the completion of road construction to the Western Target drill pads, and that the first hole to test this large coincident EM-geochemical-gravity anomaly is now underway,” said Arizona Metals CEO Marc Pais in the press release. “While this target is located only 1,200 m west of our Kay Mine Deposit, the drilling started this week will be the first to test this area in the history of the property. The company will continue infill and exploration drilling at the Kay Mine Deposit, while also undertaking the first detailed exploration of the Central and Western Targets in the known history of the property.”
To view the full press release, visit https://nnw.fm/b3V23
About Arizona Metals Corp.
Arizona Metals Corp owns 100% of the Kay Mine Property in Yavapai County, which is located on a combination of patented and BLM claims totaling 1,300 acres that are not subject to any royalties. An historic estimate by Exxon Minerals reported a “proven and probable reserve of 6.4 million short tons at a grade of 2.2% copper, 2.8 g/t gold, 3.03% zinc, and 55 g/t silver.” The historic estimate at the Kay Mine was reported by Exxon Minerals in 1982. The historic estimate has not been verified as a current mineral resource. The company also owns 100% of the Sugarloaf Peak Property in La Paz County, which is located on 4,400 acres of BLM claims. Sugarloaf is a heap-leach, open-pit target and has a historic estimate of “100 million tons containing 1.5 million ounces gold” at a grade of 0.5 g/t. For more information about the company, please visit www.ArizonaMetalsCorp.com.
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