Arizona Metals - AZMCF STOCK NEWS

CEO.CA Technologies , a leading investor social network for junior resource and venture stocks, has shared exclusive updates with CEOs of junior mining explorers in its 'Inside the Boardroom' series. The series provides firsthand knowledge from industry leaders, offering insights into their vision, challenges, and strategies.

This week, CEO.CA interviewed Lon Shaver, President of Silvercorp Metals (TSX: SVM | NYSE American: SVM), and Duncan Middlemiss, President & CEO of Arizona Metals Corp (TSX: AMC | OTCQX: AZMCF), discussing the El Domo and Kay Mine projects respectively. These interviews are part of CEO.CA's ongoing effort to connect investors with industry leaders and share impactful stories about stocks, commodities, and emerging companies.

Arizona Metals Corp. (OTCQX:AZMCF) announced the successful drilling of hole KM-23-104 at the Kay Mine Project's Western Target, intersecting 16 meters of significant stringer to semi-massive sulphide mineralization, including visible copper (chalcopyrite) and zinc (sphalerite). The drill hole ended at 888 meters and has been submitted for assays. A follow-up hole, KM-23-104A, has been initiated to further explore this promising mineralized zone. Recent surface sampling indicates copper readings up to 8.6%, supporting the presence of extensive mineralization. Arizona Metals remains fully funded to proceed with its drilling plans, with a total of $53 million in cash as of December 31, 2022, and aims to complete 76,000 meters in the upcoming Phase 3 drilling program.

Arizona Metals Corp. reported significant step-out exploration drilling results, revealing a new zone of copper-gold-zinc VMS mineralization at the Kay Mine Deposit. Hole KM-22-95 intersected 2.7 m grading 0.5% CuEq. A high-grade interval of 8.8 m grading 4.8% CuEq was also noted in hole KM-23-97. The company is fully funded with $53 million to complete remaining drilling in its Phase 2 and Phase 3 programs, totaling 80,800 meters. CEO Marc Pais emphasized the potential for expanding the Kay Mine Deposit and highlighted plans for further drilling at both the Central Target and Western Target. Additional results and drilling updates will follow as exploration continues.

Arizona Metals Corp. has completed the construction of a road to its first drill pad at the Western Target of the Kay Mine Project, allowing drilling to commence on February 14, 2023. The drilling aims to explore a significant EM-geochemical-gravity anomaly, the first of its kind in the area. The company has secured $58 million in cash as of September 30, 2022, to fund its ongoing and planned drilling programs. Upcoming drilling at the Central Target will test potential mineralization with base metals. Arizona Metals owns the Kay Mine Property and the Sugarloaf Peak Property, both having historic mineral estimates.

Arizona Metals Corp. (OTCQX: AZMCF) has announced a new discovery of copper-gold VMS mineralization at the Kay Mine Deposit, with drilling results revealing multiple high-grade intervals. The current drilling program has intersected significant grades, including 3.8m at 10.7% CuEq, and has extended mineralization 300 meters north of the deposit. The company is fully funded with $58 million in cash to continue its Phase 2 and Phase 3 drilling programs. Plans include 8,500 meters in Phase 2 and 76,000 meters in Phase 3, targeting various extensions and new anomalies. Drilling activity is set to expand into the Central and Western Targets.

Arizona Metals Corp. (OTCQX:AZMCF) released a year-end review highlighting progress on its Kay and Sugarloaf projects in 2022. The Company completed 33,000 meters of core drilling at the Kay Mine, receiving drilling permits for Central and Western targets. The Kay Mine project is fully permitted for a 76,000-meter Phase 3 drill program. Arizona Metals is fully funded with $58 million in cash, allowing it to complete remaining drilling at Kay. Key drilling results showed significant gold and copper grades, enhancing investor outlook.

Arizona Metals Corp. (OTC: AZMCF) has received permit approval from the Bureau of Land Management for two new drill pads, W1 and W2, located 1,200 meters west of the Kay Mine Deposit. This approval will facilitate drilling of the Western Target and exploration of coincident anomalies between Central and Western Targets. The company is fully funded with $60 million in cash as of June 30, 2022, to support its ongoing drilling programs, including 18,000 meters in Phase 2 and an additional 76,000 meters in Phase 3. Drilling is expected to start in Q1 2023.

Arizona Metals Corp (OTCQX: AZMCF) announced significant drilling results from its Kay Mine project in Yavapai County, Arizona. Seven drill holes were completed, with Hole KM-21-74 yielding 39.0 m at a grade of 4.2 g/t AuEq, indicating strong mineralization continuity. The phase 3 drill program will begin in November 2022, aiming to explore additional targets beyond the current deposit. The company is fully funded for a total of 95,000 meters of drilling, with a budget of $27 million to expand its resource definition efforts.

Arizona Metals Corp. (TSX.V:AMC, OTCQX:AZMCF) has received final approval to list its common shares on the Toronto Stock Exchange (TSX), transitioning from the TSX Venture Exchange (TSXV). The shares will commence trading on the TSX from October 13, 2022, with the trading symbol remaining as 'AMC'. This move is celebrated by the CEO Marc Pais as a significant milestone and a reflection of the company's exploration success at the Kay Mine Project. No action is required from shareholders regarding share certificates.