Arizona Metals Corp to Webcast Live at Virtual Investor Conference December 7th, 2022
07 December 2022 - 7:01AM
Arizona Metals Corp. (TSXV:AMC, OTCQX:AZMCF),
based in Arizona, focused on copper and gold exploration, today
announced that Marc Pais, CEO, will present live at
VirtualInvestorConferences.com on December 7th, 2022.
DATE: December 7th, 2022TIME: 1:30pm
ETLINK: https://bit.ly/3E1tR5kThis will
be a live, interactive online event where investors are invited to
ask the company questions in real-time. If attendees are not able
to join the event live on the day of the conference, an archived
webcast will also be made available after the event.
It is recommended that investors pre-register and run the online
system check to expedite participation and receive event
updates.
Learn more about the event at
www.virtualinvestorconferences.com.
Recent Company Highlights
Approximately 72,000 metres of drilling completed at the Kay
Mine Project to date.
Numerous intervals of high-grade and width copper and gold
mineralization, including: 79m grading 7.0 g/t
AuEq; 43m grading 3.9% CuEq; 97m
grading 6.1 g/t AuEq; and 54m grading 9.4g/t
AuEq*.
Fully-funded to initiate a 75,000 metre Phase 3 program at a
budget of CDN$32 million; drilling commenced November 2022.
The true width of mineralization is estimated to be 50% to 99%
of reported core width, with an average of 76%. (2) Assumptions
used in USD for the copper and gold Metal Equivalent calculations
were metal prices of $4.63/lb Copper, $1937/oz Gold, $25/oz Silver,
$1.78/lb Zinc, and $1.02/lb Pb. Assumed metal recoveries (rec.),
based on a preliminary review of historic data by SRK and ProcessIQ
, were 93% for copper, 92% for zinc, 90% for lead, 72% silver, and
70% for gold. The following equation was used to calculate copper
equivalence: CuEq = Copper (%) (93% rec.) + (Gold (g/t) x 0.61)(72%
rec.) + (Silver (g/t) x 0.0079)(72% rec.) + (Zinc (%) x 0.3844)(93%
rec.) +(Lead (%) x 0.2203)(93% rec.). The following equation was
used to calculate gold equivalence: AuEq = Gold (g/t)(72% rec.) +
(Copper (%) x 1.638)(93% rec.) + (Silver (g/t) x 0.01291)(72% rec.)
+ (Zinc (%) x 0.6299)(93% rec.) +(Lead (%) x 0.3609)(93% rec.).
Analyzed Metal Equivalent calculations are reported for
illustrative purposes only. The metal chosen for reporting on an
equivalent basis is the one that contributes the most dollar value
after accounting for assumed recoveries.
About Arizona Metals Corp.
Arizona Metals Corp owns 100% of the Kay Mine Property in
Yavapai County, which is located on a combination of patented and
BLM claims totaling 1,300 acres that are not subject to any
royalties. An historic estimate by Exxon Minerals in 1982 reported
a “proven and probable reserve of 6.4 million short tons at a grade
of 2.2% copper, 2.8 g/t gold, 3.03% zinc, and 55 g/t silver.”
(Fellows, M.L., 1982, Kay Mine massive sulfide deposit: Internal
report prepared for Exxon Minerals Company, November 1982, 29 p.)
The historic estimate at the Kay Mine was reported by Exxon
Minerals in 1982. The historic estimate has not been verified as a
current mineral resource. None of the key assumptions, parameters,
and methods used to prepare the historic estimate were reported,
and no resource categories were used. Significant data compilation,
re- drilling and data verification may be required by a “qualified
person” (as defined in National Instrument 43-101 – Standards of
Disclosure for Mineral Projects) before the historic estimate can
be verified and upgraded to be a current mineral resource. A
qualified person has not done sufficient work to classify it as a
current mineral resource, and Arizona Metals is not treating the
historic estimate as a current mineral resource.
About Virtual Investor Conferences®Virtual
Investor Conferences (VIC) is the leading proprietary investor
conference series that provides an interactive forum for publicly
traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is
specifically designed to offer companies more efficient investor
access. Replicating the components of an on-site investor
conference, VIC offers companies enhanced capabilities to connect
with investors, schedule targeted one-on-one meetings and enhance
their presentations with dynamic video content. Accelerating the
next level of investor engagement, Virtual Investor Conferences
delivers leading investor communications to a global network of
retail and institutional investors.
CONTACTS:Arizona Metals
Corp.Marc PaisPresident and CEO(416)
565-7689mpais@arizonametalscorp.com
Virtual Investor ConferencesJohn M. ViglottiSVP
Corporate Services, Investor AccessOTC Markets Group (212)
220-2221johnv@otcmarkets.com
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