Arizona Metals Corp is a US-based metal and mining company focused on polymetallic projects.
The exploration is listed on the TSX Venture Exchange (TSXV), where its common stocks trade under the ticker symbol of ‘AMC’.
The project portfolio of Arizona Metals includes two properties in Arizona:
• Kay Mine Property
• Sugarloaf Peak Property
The company holds a 100 per cent ownership stake in the Kay Mine Project situated in Yavapai County.
The project includes patented mineral rights, and Bureau of Land Management (BLM) claims that covers an overall area of approximately 1,300 acres.
The Kay Mine Property hosts a volcanogenic massive sulfide (VMS) deposit comprising copper, gold, zinc, silver, and lead mineralization. The firm says the estimated depth ranges from 60 meters to 900 meters.
Sugarloaf Peak Property
Arizona Metals wholly owns the project situated in La Paz County.
The Sugarloaf Peak project is an open-pit deposit containing primarily gold mineralization includes Bureau of Land Management (BLM) claims that spans a total area of 4,400 meters.
In a press release dated June 1, 2021, Arizona Metals Corp announced the results from the metallurgical test at the Sugarloaf Peak Project.
It said that two drill holes with a depth of 111 meters indicated an average gold sulfide recovery of nearly 76 per cent in addition to the oxide recoveries of up to 95 per cent.
Further on June 30, Arizona Metals Corp announced that it had identified gold mineralization while conducting four drill holes operations around an unexplored area at the Kay Mine Property.
In January 2021, the metals and mining firm was qualified for the listing on the OTCQX® Best Market. It graduated from earlier OTCQX. The Toronto-based Arizona Metals Corp also lists and trades its common stocks on the OTCQX Market in the United States with the quote of ‘AZMCF’.