financetom
Business
financetom
/
Business
/
Arizona Metals Extends Kay Claims 300 Metres North, Rock Sampling Program Identifies High-Grade Targets on New Claims
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Arizona Metals Extends Kay Claims 300 Metres North, Rock Sampling Program Identifies High-Grade Targets on New Claims
Apr 10, 2024 4:39 AM

07:21 AM EDT, 04/10/2024 (MT Newswires) -- Arizona Metals Corp. ( AZMCF ) on Wednesday said a claims staking program at the Kay Mine Project in Arizona has extended the property by 300 metres to the north. This, along with additional claims staked to the southeast, has increased the property size by 22%, from 1,330 acres to 1,625 acres.

Rcok sampling on the new claims has returned a number of high-grade samples of VMS mineralization, with grades including 11.7% copper, 9.1% copper, 6.7 g/t gold, and 286 g/t silver. A number of target holes are currently being planned.

According to the statement, Arizona Metals ( AZMCF ) has also permitted three new dill pads (pads 8, 9, and 10) allowing for additional testing of the northern extension of the Central Target. The drill pads allow access to mineralization identified through rock sampling of the newly-staked claims, and extensions of mineralization identified at the Kay Deposit. The new pads were permitted under amendments to the Notice of Intent to Explore. The Exploration Plan of Operations has also been submitted to the Bureau of Land Management (BLM) to allow for additional roads and pads to test new property-wide targets.

Marc Pais, CEO, in a statement said, "The extension of our border by 300m to the north increases the untested strike extent north of our best hole at the Western Target (KM-23-113; 3.0m at 3.2 g/t AuEq) to more than 650 metres. Rock sampling on the new claims has also identified a number of high-grade targets which can be reached by drilling from newly-permitted pads 9 and 10. These two pads, along with the third new pad (pad 8) will also allow for drilling of the strike extent north of the Central Target, where hole KM-23-95 intersected 2.7m at 0.5% in stringer-type VMS mineralization. We are currently planning drill holes for these new targets and will provide an update on timing in the next few weeks."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved