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Highlights
Arizona Metals releases inaugural resource estimate for its Kay Mine asset
Indicated resources reviewed and verified by G Mining Services
Ongoing exploration and assessment fully funded for upcoming phases
Arizona Metals Corp. (TSX:AMC), listed on the Toronto Stock Exchange under the TSX index, has released its initial mineral resource estimate for the Kay Mine project, located in Yavapai County. The project is part of the company’s broader strategy to explore and develop polymetallic assets across Arizona, including both copper and gold properties.
Initial Resource Estimate and Composition
The initial report details both indicated and inferred resources. The indicated resources include multiple minerals, notably gold, silver, copper, lead, and zinc. The figures were validated by independent third-party firm G Mining Services. The grade and composition indicate suitability for large-scale bulk-tonnage extraction methods, with further development likely to refine and expand the outlined zones. Inferred resources, though smaller in volume, reflect comparable grades, suggesting continuity of the mineralized system.
Development Progress and Technical Planning
Arizona Metals is advancing the Kay Mine project toward a preliminary economic assessment. This next phase is currently scheduled for the second half of the coming year and will integrate the latest metallurgical studies. The preparation for this stage includes detailed technical review and modeling.
In partnership with G Mining Services, the company has outlined a comprehensive drilling campaign. This includes tens of thousands of meters in planned drill holes throughout various sections of the Kay deposit. The effort will focus on previously unexplored zones such as the Kay North Extension, North-Central, and Western segments. All exploratory activities are supported by geological, geochemical, and geophysical data accumulated during prior phases of work.
Sugarloaf Peak Gold Project Mobilization
In addition to Kay Mine, Arizona Metals is also preparing to advance its Sugarloaf Peak project located in La Paz County. This gold-focused project will see drilling and infrastructure operations begin in the third quarter of the year. Contractors are ready to commence road construction and core drilling, which will help define structural controls and continuity of mineralization across the project site.
Market Context and Historical Performance
Despite experiencing a decline over the past year, Arizona Metals Corp. maintains a long-term upward trend since its listing. The company's share performance, tracked under TSX:AMC, reflects the broader dynamics of the polymetallic exploration market in North America. As the company continues its drilling and resource development, further updates are anticipated based on data gathered from ongoing fieldwork.
