Arizona Metals Corp. is pleased to announce assay results from three drill holes in the Kay2 Zone and one hole from the West target at the Kay project in Arizona. In the Kay2 Zone, drill hole KM-24-170C intersected 34.8 m @ 11.3 g/t AuEq, including 2.0 m @ 23.6 g/t AuEq and 4.0 m @ 19.1 g/t AuEq. . One sample in this drill hole returned 33.5 g/t Au, the third highest gold assay on the project to date . The hole is located [...]
Arizona Metals Corp. is pleased to provide a corporate update. The Company is fully funded and on track to deliver a Mineral Resource Estimate in the first half of 2025 followed by a Preliminary Economic Assessment in the second half of 2025, for its Kay Mine project located in Yavapai County, Arizona. Ongoing resource and exploration drilling throughout the year is planned with 17,000 m at the Kay Project and 5,000 m at [...]
Arizona Metals Corp. , is pleased to announce two new drill results from the Kay2 Zone and two holes from the West target at the Kay deposit in Arizona. In the Kay2 Zone, drill hole KM-24-173 intersected mineralization 450 m down-dip from hole KM-24-166, the first hole in the Kay2 Zone . Results for KM-24-173 were 2.4 m @ 2.7% CuEq . The new zone of mineralization, the Kay2 Zone, is located approximately 100 m north of [...]
Arizona Metals is pleased to announce that it has closed its previously announced bought deal public offering of 15,927,700 common shares of the Company at a price of $1.70 per Common Share for gross proceeds to the Company of $27,077,090, which includes the partial exercise of the over-allotment option by the underwriters to purchase 1,221,817 Common Shares. The Offering was conducted by a syndicate of underwriters [...]
Arizona Metals announces that, further to its news release dated Dec. 2, 2024, it has filed a final short form prospectus dated December 18, 2024 with the securities commissions in each of the provinces of Canada, except Quebec pursuant to its $25,000,001 bought deal public offering of common shares at $1.70 per Common Share through a syndicate of underwriters co-led by Stifel Nicolaus Canada Inc. and Scotia Capital Inc [...]
Arizona Metals announces that it is restating its financial statements for the period ended Sept 30, 2024, along with a corresponding restated management discussion and analysis. The restatement of the Amended Financial Statements and Amended MD&A was made to correct an overstatement of the Company's share-based payments for the three and nine-months ended Sept 30, 2024 in the Company's financial statements for the period [...]
Arizona Metals is pleased to announce it has entered into an agreement with a syndicate of underwriters co-led by Stifel Canada and Scotiabank pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 14,705,883 common shares of the Company at a price of C$1.70 per Common Share for gross proceeds to the Company of C$25,000,001. The Company has agreed to grant the Underwriters an over-allotment [...]
Arizona Metals is pleased to announce new drill results from the Kay2 Zone at the Kay deposit in Arizona. Drill hole KM-24-170 intersected 20.1 m grading 3.6 g/t AuEq, including 1.4 m @ 7.9 g/t AuEq. This drill hole is located approximately 60 m below hole KM-24-166, which intersected 50.0 m @ 6.7 g/t AuEq in what appears to be a new zone of mineralization in the Kay deposit. The new zone of mineralization, the Kay2 Zone [...]
Arizona Metals Corp. has drilled a discovery hole in a new lens of mineralization in the Kay deposit on the Kay Mine Project in Arizona. The drill hole, KM-24-166, returned 50.0 m grading 6.65 g/t AuEq, including 6.9 m @ 12.69 g/t AuEq, outside the north edge of previously known mineralization. The new zone of mineralization, the Kay2 Zone, is located approximately 100 m north of previously drilled mineralization in the [...]
Arizona Metals is pleased to announce the latest drill results from the Kay Mine Project in Arizona. Fifteen new drill holes from the project, seven at the Kay Mine Deposit and eight from the North Central exploration target, continue to demonstrate the expansion and exploration potential of the project. Highlights of the recent drilling include: Hole KM-24-153 at the North Central target returned a grade of 11.3% CuEq [...]
Arizona Metals is pleased to announce the latest drill results from the Kay Mine Project. Seven new drill holes at the Kay Mine Deposit continue to demonstrate the continuity and expansion potential of the deposit and returned excellent grades in the deeper portions of the deposit. Highlights of the recent drilling include: Hole KM-24-94B intersected 65.2 m @ 4.0% CuEq, including 14.2 m @ 7.3% CuEq and 10.4 m @ 7.0% CuEq [...]
Arizona Metals is pleased to announce the results of its Annual General Meeting held on June 28, 2024. At the meeting, the seven director nominees listed in the Company's management information circular dated May 28, 2024 were elected as directors to serve until the close of the next annual meeting of shareholders. The detailed results of the votes for each director are set out below. Nominees Voted "For" % "For" Voted [...]
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