Tuesday, February 18, 2025
spot_imgspot_img

Top 5 This Week

spot_imgspot_img

Related Posts

Kay Deposit at Arizona Metals Encounters 20.1 meters of 3.6 g/t Gold Equivalent in Kay2 Zone


Arizona Metals Corp. (TSX: AMC) has announced new drill results from the Kay2 Zone at the Kay deposit in Arizona. This includes a significant intersection in drill hole KM-24-170, where 20.1 m grading 3.6 g/t AuEq was reported. The Company plans to include these results in the upcoming Mineral Resource Estimate expected to be published in the first half of 2025. With two rigs currently testing this new extension, Arizona Metals plans to drill 6,300 meters at Kay2 and Kay in the first quarter of 2025. Additional drill holes at the Kay deposit also returned positive results.

Additionally, the Board of Directors has decided not to pursue the previously proposed spin-out transactions involving the Sugarloaf Peak Gold Project and a net smelter return royalty on the Kay Mine Project. The Company believes that these transactions are not in the best interest of the company at this time. Arizona Metals Corp. owns 100% of the Kay Project and the Sugarloaf Peak Property, both located in Arizona, and continues to focus on exploration and development in these areas.

Source
Photo credit finance.yahoo.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles