Arizona Metals Corp. is pleased to announce that drilling at both the North and South Zones of its Kay Mine Project, located near Black Canyon City, Arizona, has intersected massive sulphide mineralization in two recently completed drill holes. Branch hole KM-20-10A intersected an interval of 10.7 m at a grade of 4.4% CuEq, including 1.5 m at a grade of 8.6% CuEq, 3.1 m at a grade of 4.2% CuEq, and 1.4m at a grade of [...]
As a result of a review by staff of the Ontario Securities Commission, Arizona Metals Corp. , is issuing the following news release regarding the Company's technical disclosure. The Company announces that it has revised its corporate presentation to remove all comparisons of the Kay Mine and Sugarloaf Peak projects to deposits or operating mines with current mineral resources or reserves. The Company has consistently [...]
Arizona Metals Corp. is pleased to announce that it has commenced a 1,300m drill program at its Sugarloaf Peak Project in La Paz County. Drill core from two 150m holes will be sent to Kappes Cassiday and Associates of Reno, to undergo bottle-roll and column testing of gold recoveries by leaching of oxide material. Samples will also be sent to ALS Minerals in Reno, Nevada for gold assay, multi-element testing, and spectral [...]
Arizona Metals Corp. is pleased to announce that drilling at the South Zone of its Kay Mine Project, located near Black Canyon City, Arizona, has intersected massive sulphide mineralization in an area previously untested by historic exploration. Hole KM-20-10 intersected an interval of 4.9 m at a grade of 6.2% CuEq, including 3.0 m at a grade of 7.8% CuEq, from a vertical depth of 480 m. This press release features [...]
Arizona Metals Corp. is pleased to announce that on July 6th, 2020 it will commence a 1,300m drill program at its Sugarloaf Peak Project in La Paz County, Arizona. Drill core from two 150m holes will be sent to Kappes Cassiday and Associates of Reno, Nevada, to undergo bottle-roll and column testing of gold recoveries by leaching of oxide material. Samples will also be sent to ALS Minerals in Reno, Nevada for gold assay [...]
Arizona Metals Corp. is pleased to announce that drilling at the South Zone of its Kay Mine Project, located near Black Canyon City, Arizona has intersected massive sulphide mineralization in an area previously untested by historic exploration. Arizona Metals currently has two drills turning at the Kay Mine, one in the North Zone and one in the South Zone, and is well-funded to complete and expand the Phase 1 drill [...]
Arizona Metals Corp. , would like to announce that it has granted an aggregate of 1,450,000 incentive stock options to certain officers, directors and consultants of the Company under its Stock Option Plan. All options are exercisable at $0.66 per common share, vest immediately on the date of grant and have an expiry date of June 4, 2025. About Arizona Metals Corp. AMC is a mineral exploration company based in Toronto [...]
Arizona Metals Corp. is pleased to announce that it has completed its previously announced bought deal private placement offering of 9,300,000 units of the Company at a price of $0.65 per Unit for aggregate gross proceeds of $6,045,000, which includes the exercise in full of the underwriters' option. The Offering was conducted by a syndicate of underwriters co-led by Stifel GMP and Canaccord Genuity Corp. . Each Unit [...]
Arizona Metals Corp. is pleased to announce that drilling is currently underway at its Kay Mine Project, located near Black Canyon City, Arizona . The first drill was delivered to site on Thursday, May 21, 2020, and began turning on Friday, May 22, 2020. The second drill is scheduled to be delivered on Thursday, May 28, 2020. Prior to the temporary suspension of the Phase 1 drill program due to the Covid-19 pandemic [...]
Arizona Metals Corp. is pleased to announce that the exploration drill program at its Kay Mine Project in Arizona will resume on Thursday, May 21st, 2020. The Phase 1 drill program at the Kay Mine Project was temporarily suspended on March 27th, 2020 as the result of a "stay-at-home" order issued by the State of Arizona in response to the Covid-19 pandemic. On May 12th, 2020, the Governor of Arizona announced that the [...]
Arizona Metals Corp. is pleased to announce that in connection with the previously announced bought deal private placement, the Company, Stifel GMP and Canaccord Genuity Corp. have agreed to upsize the Underwriters' Option to up to 4,650,000 Units. The Underwriters have agreed to purchase on their own behalf, 4,650,000 units of the Company at a price of $0.65 per Unit for gross proceeds to the Company of $3,022,500 . Each [...]
Arizona Metals Corp. is pleased to announce further to the press release issued yesterday evening, the Company has reached an agreement to replace the previously announced non-brokered private placement financing with a bought deal financing whereby Stifel GMP and Canaccord Genuity Corp. have agreed to purchase on their own behalf, 4,650,000 units of the Company at a price of $0.65 per Unit for gross proceeds to the [...]