Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Releases Exploration Update, 100%-Owned VMS Deposit Shows Significant Potential
Jan 30, 2023
- AZMCF expanding the 100%-owned Kay Mine Projects in Arizona, surrounded by sixty historic underground VMS copper, gold, zinc, and silver mines
- Volcanogenic massive sulfide (“VMS”) deposits are critical global sources of copper, zinc, lead, gold, and silver ores
- Recent company update reveals progress on Kay Mine Project, including 33,000 meters of core drilling completed in 2022, drill permits received for Central and Western targets, and drilling initiated on targets outside deposit
- Company fully funded (cash of $58 million at Sept 30, 2022) to complete remaining 8,600 meters for Kay Mine Phase 2, as well as 76,000 meters for Phase 3
Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a mineral exploration company, recently provided a year-end review and updates on its 100%-owned Kay Mine VMS Project and Sugarloaf Peak Gold Project in Arizona (https://ibn.fm/Uvy2n). During 2022, the company completed approximately 33,000 meters of core drilling at the Kay Mine Deposit, received drill permits for both the Central and Western Targets, and initiated drilling on targets outside the deposit.
As of September 2022, AZMCF was fully funded to complete the remaining 8,600 meters planned for the Kay Mine Phase 2 program, and an additional 76,000 meters for Phase 3. Both programs will test numerous parallel targets west of the Kay Mine Deposit, along with possible northern and…
NOTE TO INVESTORS: The latest news and updates relating to AZMCF are available in the company’s newsroom at https://ibn.fm/AZMCF
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