Sign In  |  Register  |  About Corte Madera  |  Contact Us

Corte Madera, CA
September 01, 2020 10:27am
7-Day Forecast | Traffic
  • Search Hotels in Corte Madera

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Launches Phase 3 Drill Program at High-Grade VMS Copper-Gold-Zinc-Silver Project

  • Arizona Metals is focused on its high-grade copper-gold Kay Mine Project in Arizona
  • The company has budgeted $32 million for a Phase 3 exploration program at Kay Mine Project and had an aggregate of $58 million in cash at the end of Q3 2022
  • The company has recently commenced its latest drill program as it seeks to better understand the mineralization at the 97% of its project that has yet to be drilled

Right now, metals across the periodic table are arguably in their best position of the memorable past for future upside. The energy transition is bullish for base, ferrous, non-ferrous, and metals critical to green technologies and the entire supporting cast, such as infrastructure for electric vehicles and alternative energy systems. Economic upheaval is churning on the sidelines globally, which is positive for gold and other precious metals known historically as stores of value and inflation hedges. Against this backdrop, the timing looks ideal for exploration companies like Arizona Metals (TSX: AMC) (OTCQX: AZMCF) to be positioned for a prosperous 2023 and beyond with its high-grade Kay Mine Project.

Fully funded for a $32 million Phase 3 exploration program at the Kay Mine Project, Arizona Metals stands out from others at a time when metals are being called “the new oil” in light of surging demand across the board. This is particularly important to U.S. focused explorers as the country is in desperate need to…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to AZMCF are available in the company’s newsroom at https://ibn.fm/AZMCF

(1) The historic estimate at the Kay Mine Deposit 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 MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.miningnewswire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.miningnewswire.com/Disclaimer

MiningNewsWire
Los Angeles, California
www.miningnewswire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 CorteMadera.com & California Media Partners, LLC. All rights reserved.