Arizona Metals’ First Drill Hole at the Western Target Intersects a Broad Interval of 63 Metres of Sulphide-Bearing Core, Including 16 Metres of VMS Mineralization

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Arizona Metals’ First Drill Hole at the Western Target Intersects a Broad Interval of

63 Metres of Sulphide-Bearing Core, Including 16 Metres of VMS Mineralization

TORONTO, April 11, 2023 – Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) (the

“Company” or “Arizona Metals”) is pleased to announce that the first hole (KM-23-104) drilled

at the Western Target of the Kay Mine Project intersected 16 metres of stringer to semi-massive

sulphide mineralization, including visible copper sulphide (chalco pyrite) and zinc sulphide

(sphalerite). The VMS mineralization occurs within a broader interval of syn -mineral quartz-

carbonate veining accompanied by sulphide minerals (pyrite, pyrrhotite, sphalerite, chalcopyrite,

and arsenopyrite) and anomalous zinc and copper readings from onsite portable XRF. This hole

ended in sulphide-bearing core but was stopped at 888 metres downhole due to separated drill rods.

Hole 104 has been submitted for assay and results are pending. A new branch hole, KM-23-104A,

has been wedged up-hole in order to continue testing this new zone of mineralization (Fig. 2).

The Company believes that KM-23-104 intersected mineralization on the limb of an anticline

along the prospective felsic host-rock horizon identified on the project. A drill rig is being moved

to pad W2 to test for mineralization along strike to the north of this prospective stratigraphic

horizon (Fig. 1). A hole here, KM-23-107, will commence shortly.

Marc Pais, CEO, commented “Intersecting such a broad interval of VMS mineralization in our

very first hole at the Western Target is extremely gratifying, and is another step towards

confirming our thesis that mineralization extends on our claims well beyond the footprint of the

Kay Mine Deposit. We have observed mineralization and alteration in this first hole that is similar

to what we see in proximity to massive sulphide mineralization at the Kay Mine Deposit. With this

first successful hole to guide our targeting, we are moving a second drill to the Western Target to

accelerate our testing of the new mineralized zone.”

Mark Hannington, Technical Advisor, commented “The assemblage of chlorite-pyrite-

pyrrhotite-sphalerite encountered in the first hole at the Western Target is classic stringer

mineralization typically seen at the margins of VMS deposits. Due to deformation, stringer

mineralization is usually strongly transposed into the cleavage, so any associated massive sulfides

may be along strike or even detached from the stringers (parallel to the axial plane of the

folds). This is very similar to the deformed stringer mineralization in a number of large VMS

deposits.”

Table 1. Summary drill logs of mineralized intervals in hole KM-23-104

From (m) To (m) Interval (m) Description

240.8 244.9 4.1 Felsic graphite schist with weak stringers of pyrite and trace chalcopyrite

535.5 536.1 0.6 Semi-massive arsenopyrite

547.0 552.8 5.8 Felsic graphite schist with weak stringers of pyrite and trace chalcopyrite

569.1 571.5 2.4 Felsic graphite schist with weak stringers of pyrrhotite and trace chalcopyrite

571.5 572.1 0.6 Semi-massive pyrite

578.7 579.7 1.1 Felsic graphite schist with patchy disseminated pyrrhotite

825.1 858.0 32.9 Felsic to intermediate volcaniclastics and volcanic breccia containing quartz-carbonate-sulfide veins

and laminated sulfides (pyrite, pyrrhotite, sphalerite, chalcopyrite, arsenopyrite)

858.0 874.2 16.2

Coarse felsic-intermediate volcaniclastics and volcanic breccia with semi-massive, stringer, and

disseminated pyrite and pyrrhotite with trace sphalerite and chalcopyrite, black chlorite, and

intense quartz-carbonate alteration.

874.2 887.7 13.6 Felsic to intermediate volcaniclastic and volcanic breccia containing quartz-carbonate-sulfide veins

and laminated sulfides (pyrite, pyrrhotite, sphalerite, chalcopyrite, arsenopyrite)

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Recent surface sampling also returned up to 8.6% Cu in oxidized outcrop samples near the surface

projection of the drilled mineralization (Figures 2 and 3). Another surface sample contained 3.3%

Cu along the prospective stratigraphic horizon approximately 700 m north of drill pad W1. These

samples are further confirmation of broadly distributed mineralization on the Kay project.

Arizona Metals is fully-funded (with $53 million in cash at Dec 31, 2022) to complete the

remaining 2,900 meters planned for the Phase 2 program at Kay Mine Deposit (budgeted at

$1.2 million) as well as an additional 76,000 meters in the Phase 3 program (budgeted at

$32 million), which will be used to test the numerous parallel targets heading west of the Kay

Mine Deposit, as well as possible northern and southern extensions.

Figure 1. Plan view of Kay project exploration targets, drill intercepts, and drill infrastructure. Hole KM-23-104,

intersected a broad interval of 63 metres of sulphide-bearing core, Including 16 metres of VMS mineralization. The

true width of mineralization in this area is yet to be determined.

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Figure 2. Plan view displaying intercepts of VMS mineralization intersected by hole KM-23-104 on the Western

Target. The true width of mineralization in this area is yet to be determined. Also shown is the proposed trace of

wedge hole KM-23-104A (underway) and hole KM-23-107 from W2 pad, which shall commence shortly to test for

the northern extension of the new mineralized zone.

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Figure 3. Cross section of Western Target at the Kay Mine Project showing drill hole KM-23-104 which intersected

16 metres of stringer to semi -massive sulphide mineralization, including visible sphalerite and chalcopyrite

mineralization. The true width of mineralization in this area is yet to be determined. Also shown is the proposed trace

of wedge hole KM-23-104A, currently underway from pad W1.

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Figure 4. Core from hole KM-23-104 at the Western Target, displaying stringer to semi-massive sulfide mineralization

hosted in a quartz crystal-rich volcaniclastic and breccia, with sulphide mineralization including pyrite, pyrrhotite,

sphalerite, and chalcopyrite.

Figure 5. Core from hole KM-23-104 (at 2,829’ downhole) at the Western Target, displaying stringer to semi-massive

sulfide mineralization including stringers of sphalerite and flecks of chalcopyrite.

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Table 2. Full results of Phase 2 Drill Program at the Kay Mine Deposit, Yavapai County, Arizona.

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 ProcessIQ1, 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.

1 SRK Consulting (Canada) Inc., March 2022, Updated Metallurgical Review, Kay Mine, Arizona. Report

3CA061.004

Hole ID From m To m Length mCu % Au g/t Zn % Ag g/t Pb % Cu eq %Au eq g/tZn eq% Cu eq %Au eq g/tZn eq%

KM-21-17 429.5 449.9 20.4 1.81 1.10 1.20 21.2 0.17 3.14 5.15 8.18 2.73 4.47 7.10

including 429.5 434.0 4.6 4.61 1.73 1.91 29.1 0.24 6.68 10.96 17.39 5.92 9.70 15.39

including 432.7 434.0 1.4 0.52 6.81 8.29 40.0 1.10 8.41 13.79 21.89 6.76 11.09 17.60

KM-21-17 504.4 505.4 0.9 1.19 4.73 0.05 9.0 0.00 4.17 6.83 10.84 3.20 5.24 8.31

KM-21-18 404.3 429.8 25.5 0.35 0.86 1.71 15.8 0.23 1.71 2.80 4.44 1.43 2.35 3.72

including 408.6 410.6 2.0 0.50 2.22 7.25 64.4 0.82 5.33 8.74 13.87 4.51 7.39 11.72

including 424.9 427.3 2.4 1.60 2.59 3.16 18.0 0.52 4.66 7.64 12.12 3.92 6.43 10.21

KM-21-18A 391.4 423.8 32.5 1.09 0.62 1.25 17.7 0.15 2.13 3.48 5.53 1.85 3.04 4.82

including 393.3 395.8 2.4 9.57 2.83 2.72 40.9 0.28 12.73 20.87 33.12 11.36 18.63 29.56

KM-21-19 377.8 378.3 0.5 3.39 5.59 6.83 128.0 0.63 10.58 17.34 27.52 8.81 14.44 22.92

KM-21-20 442.7 443.6 0.9 2.56 0.52 3.52 18.5 0.14 4.40 7.22 11.45 3.98 6.52 10.34

KM-21-20 456.0 458.1 2.1 1.49 0.35 0.14 6.0 0.04 1.81 2.97 4.71 1.63 2.66 4.23

KM-21-21 452.6 495.5 42.8 0.80 0.78 1.52 15.1 0.15 2.01 3.29 5.22 1.73 2.83 4.49

including 488.7 493.5 4.8 0.26 2.50 6.13 27.6 0.54 4.48 7.34 11.65 3.74 6.13 9.73

KM-21-21A 422.0 431.4 9.4 1.17 0.57 2.25 8.6 0.36 2.53 4.15 6.58 2.25 3.68 5.85

KM-21-21A 439.1 502.1 63.0 0.45 1.28 3.14 58.8 0.77 3.08 5.04 8.00 2.57 4.21 6.67

including 465.0 481.9 16.9 0.52 2.45 4.05 80.9 0.99 4.43 7.26 11.53 3.62 5.94 9.42

KM-21-22 679.4 682.8 3.4 0.79 0.95 0.06 12.0 0.01 1.49 2.44 3.87 1.23 2.01 3.20

KM-21-23 394.4 401.4 7.0 0.36 0.93 1.94 13.5 1.17 2.05 3.35 5.32 1.73 2.84 4.51

KM-21-23 438.6 459.2 20.6 0.17 1.18 1.93 27.8 0.37 1.94 3.17 5.03 1.58 2.59 4.11

KM-21-24 501.2 592.1 90.8 0.45 1.33 3.42 44.6 0.41 3.02 4.95 7.86 2.53 4.15 6.59

including 501.2 521.7 20.4 1.34 1.70 6.35 113.1 0.66 5.86 9.60 15.24 4.99 8.18 12.99

including 520.9 521.7 0.8 1.75 16.50 9.55 574.0 1.22 20.31 33.29 52.82 15.57 25.52 40.50

including 575.9 592.1 16.2 0.16 2.50 6.00 44.4 0.79 4.51 7.40 11.74 3.75 6.14 9.74

including 588.7 590.4 1.7 0.47 9.98 23.70 18.2 0.13 15.84 25.96 41.20 13.21 21.65 34.36

KM-21-25 662.6 741.3 78.6 1.41 2.33 2.79 43.4 0.35 4.33 7.10 11.26 3.61 5.92 9.40

including 663.2 672.7 9.4 8.06 1.84 1.31 92.3 0.15 10.45 17.13 27.18 9.30 15.24 24.19

including 693.0 703.9 11.0 0.68 6.28 10.40 99.7 1.17 9.56 15.66 24.86 7.79 12.77 20.27

KM-21-25A 654.7 719.9 65.2 1.04 1.94 2.15 18.9 0.18 3.25 5.32 8.44 2.71 4.43 7.04

including 655.5 662.8 7.3 3.66 2.09 1.85 30.2 0.21 5.93 9.73 15.44 5.17 8.47 13.44

including 710.8 716.9 6.1 2.72 7.95 3.73 37.4 0.31 9.37 15.36 24.38 7.52 12.33 19.56

KM-21-25B 647.2 648.9 1.7 0.13 0.58 2.41 62.1 0.64 2.04 3.35 5.31 1.70 2.79 4.42

KM-21-25B 655.6 659.9 4.3 0.93 0.91 0.91 25.3 0.19 2.07 3.40 5.40 1.75 2.88 4.56

KM-21-25B 666.0 667.8 1.8 0.60 0.72 2.98 33.5 0.43 2.55 4.18 6.63 2.20 3.61 5.72

KM-21-25B 673.3 674.7 1.4 0.08 2.10 2.39 23.0 0.33 2.53 4.15 6.58 2.01 3.29 5.23

KM-21-25B 681.2 682.6 1.4 0.09 1.54 2.98 11.0 0.35 2.34 3.83 6.08 1.93 3.16 5.01

KM-21-26 506.7 582.8 76.0 0.79 1.61 4.23 32.7 0.54 3.78 6.19 9.83 3.21 5.27 8.36

including 511.1 526.1 14.9 0.73 1.78 9.68 43.3 0.77 6.05 9.92 15.74 5.26 8.63 13.69

including 573.8 582.8 9.0 4.02 6.06 3.32 18.2 0.19 9.18 15.04 23.87 7.64 12.52 19.87

KM-21-27 706.8 738.2 31.4 1.58 0.16 0.69 9.0 0.06 2.03 3.33 5.28 1.85 3.03 4.80

KM-21-27 764.4 777.4 13.0 2.85 0.48 0.17 8.5 0.02 3.29 5.39 8.55 2.97 4.87 7.73

KM-21-27A 666.3 769.4 103.1 0.79 1.06 1.90 35.8 0.42 2.54 4.17 6.62 2.15 3.52 5.59

including 666.3 687.0 20.7 3.21 1.39 1.26 19.4 0.20 4.74 7.77 12.33 4.18 6.84 10.86

including 706.4 724.6 18.3 0.69 2.69 4.70 92.2 1.21 5.13 8.41 13.35 4.22 6.91 10.97

including 752.9 763.8 11.0 0.07 1.07 4.68 95.3 0.98 3.49 5.73 9.09 2.92 4.78 7.59

KM-21-27B 665.8 762.9 97.1 1.31 1.62 3.21 31.7 0.40 3.88 6.35 10.08 3.31 5.42 8.61

including 702.0 723.0 21.0 0.87 4.56 9.03 81.5 1.10 8.01 13.13 20.83 6.63 10.87 17.25

including 723.0 738.2 15.2 4.97 0.36 0.42 18.7 0.05 5.51 9.03 14.33 5.04 8.26 13.11

KM-21-28 640.7 694.9 54.3 1.87 2.85 5.03 29.4 0.70 5.93 9.72 15.43 5.04 8.26 13.12

including 660.2 671.6 11.4 0.54 4.29 9.30 32.2 1.17 7.24 11.87 18.84 6.04 9.89 15.70

including 681.1 689.0 7.9 4.39 9.47 10.34 93.1 2.41 15.42 25.27 40.10 12.80 20.98 33.29

including 690.4 692.6 2.2 16.06 0.82 0.06 55.8 0.01 17.02 27.90 44.28 15.62 25.61 40.64

KM-21-29 393.0 393.8 0.8 0.43 1.54 4.92 9.0 0.21 3.38 5.54 8.79 2.89 4.74 7.53

KM-21-30 264.9 267.9 3.0 1.18 0.02 0.01 1.5 0.00 1.21 1.98 3.15 1.12 1.83 2.91

KM-21-32 316.4 320.0 3.7 1.84 1.29 2.47 38.5 0.30 3.95 6.47 10.27 3.41 5.60 8.88

KM-21-32 342.9 345.9 3.0 0.67 0.52 2.70 13.0 0.15 2.16 3.54 5.62 1.90 3.12 4.95

KM-21-32 358.9 368.4 9.4 0.60 1.47 1.99 45.7 0.35 2.70 4.42 7.01 2.22 3.63 5.76

KM-21-33 171.3 172.5 1.2 3.79 0.45 0.21 63.0 0.17 4.69 7.68 12.19 4.19 6.86 10.89

KM-21-34 299.3 303.9 4.6 0.29 1.69 0.94 46.3 0.26 2.12 3.47 5.50 1.65 2.70 4.29

KM-21-34 309.7 310.9 1.2 2.27 0.56 1.55 19.9 0.08 3.38 5.54 8.80 3.03 4.96 7.87

KM-21-35 609.6 615.1 5.5 0.92 1.26 1.71 57.7 0.02 2.80 4.60 7.29 2.33 3.82 6.06

including 609.6 613.0 3.4 1.39 1.69 1.98 54.0 0.01 3.61 5.92 9.40 3.03 4.96 7.87

KM-21-38 406.5 407.8 1.4 0.60 1.08 9.41 4.0 0.25 4.96 8.13 12.90 4.42 7.24 11.49

KM-21-38 467.4 476.1 8.7 0.09 1.73 3.87 61.1 1.22 3.38 5.55 8.80 2.78 4.56 7.23

including 470.0 475.2 5.2 0.12 2.44 5.68 87.5 1.79 4.88 8.01 12.71 4.02 6.59 10.46

KM-21-40 589.8 613.8 24.0 4.98 0.61 0.98 23.4 0.45 6.01 9.86 15.65 5.46 8.95 14.21

including 589.8 597.9 8.1 7.63 0.43 0.39 27.1 0.17 8.30 13.60 21.58 7.61 12.47 19.78

KM-21-40 627.9 680.8 52.9 0.47 2.91 3.40 35.7 0.40 3.93 6.44 10.22 3.17 5.20 8.25

including 641.1 648.3 7.2 1.15 7.66 8.27 88.5 0.92 9.90 16.23 25.76 7.95 13.03 20.68

including 670.3 674.1 3.8 1.53 10.89 9.47 24.6 0.61 12.15 19.91 31.59 9.69 15.88 25.19

KM-21-41 462.6 559.3 96.7 1.04 1.54 2.66 40.8 0.35 3.41 5.59 8.86 2.87 4.71 7.47

including 503.2 514.2 11.0 0.99 5.34 8.17 106.3 1.63 8.59 14.08 22.35 7.02 11.51 18.26

including 546.7 558.1 11.4 5.86 5.83 3.24 185.4 0.04 12.14 19.90 31.58 10.15 16.64 26.40

including 553.1 556.9 3.8 7.11 9.55 5.70 505.8 0.09 19.16 31.41 49.84 15.62 25.59 40.62

KM-21-42 803.5 810.3 6.9 0.05 1.60 1.58 64.3 0.35 2.22 3.64 5.78 1.73 2.83 4.49

KM-21-42 835.5 839.7 4.3 0.63 2.46 2.15 21.7 0.21 3.18 5.20 8.26 2.56 4.20 6.67

KM-21-42 853.7 854.7 0.9 0.11 1.63 2.88 28.0 0.40 2.52 4.13 6.55 2.05 3.37 5.34

KM-21-42A 786.7 787.6 0.9 0.03 3.61 2.18 17.0 0.70 3.36 5.51 8.74 2.58 4.22 6.70

KM-21-42A 805.4 811.1 5.6 6.17 0.92 0.18 39.5 0.01 7.12 11.68 18.53 6.43 10.54 16.72

including 807.0 808.9 2.0 10.72 0.87 0.11 61.8 0.00 11.79 19.32 30.66 10.74 17.60 27.93

KM-21-42A 840.9 877.2 36.3 0.55 0.62 1.35 10.7 0.13 1.56 2.56 4.06 1.34 2.20 3.49

KM-21-42B 808.0 811.2 3.2 0.29 2.06 5.77 63.0 0.94 4.47 7.33 11.63 3.74 6.13 9.72

KM-21-42B 816.9 819.9 3.0 2.31 0.66 1.23 16.0 0.15 3.35 5.49 8.71 2.99 4.90 7.77

KM-21-42B 835.5 840.8 5.3 0.02 0.73 2.93 13.5 0.24 1.75 2.87 4.56 1.49 2.45 3.88

KM-21-42C 849.2 877.4 28.2 3.81 0.47 0.29 12.5 0.09 4.32 7.08 11.24 3.93 6.44 10.23

including 849.2 854.7 5.5 14.57 0.66 0.16 37.5 0.03 15.34 25.14 39.89 14.11 23.12 36.70

including 863.8 869.4 5.6 2.29 1.17 0.59 13.1 0.25 3.39 5.55 8.81 2.96 4.85 7.70

including 874.8 877.4 2.6 2.83 0.26 0.03 7.2 0.01 3.06 5.02 7.96 2.80 4.59 7.28

KM-21-42C 886.1 889.1 3.0 0.87 0.88 0.50 5.2 0.05 1.65 2.71 4.30 1.40 2.30 3.65

KM-21-43 583.7 607.1 23.4 0.39 0.25 3.68 3.1 0.02 1.98 3.25 5.15 1.79 2.93 4.65

including 598.9 599.8 0.9 0.50 0.18 11.30 3.0 0.03 4.99 8.17 12.97 4.56 7.48 11.87

KM-21-43 616.0 633.1 17.1 1.81 0.17 0.14 8.2 0.03 2.04 3.34 5.31 1.86 3.05 4.84

including 631.2 633.1 1.8 6.30 0.61 0.09 25.0 0.01 6.91 11.32 17.97 6.30 10.32 16.38

KM-21-44 353.4 377.3 23.9 0.34 0.97 2.52 18.3 0.33 2.12 3.47 5.50 1.79 2.93 4.65

including 354.0 356.6 2.6 0.23 2.14 7.97 38.9 0.68 5.06 8.29 13.15 4.30 7.05 11.19

KM-21-45 459.6 463.0 3.4 0.32 0.62 6.63 82.3 0.87 4.10 6.71 10.65 3.55 5.82 9.24

including 461.2 462.1 0.9 0.15 1.23 16.90 182.0 2.50 9.39 15.38 24.41 8.17 13.39 21.26

KM-21-46 350.4 362.9 12.4 0.66 2.61 3.69 40.6 0.39 4.08 6.69 10.61 3.34 5.48 8.70

including 350.4 353.3 2.8 0.77 5.19 6.83 107.0 0.72 7.58 12.42 19.70 6.11 10.01 15.88

KM-21-47 433.9 435.9 2.0 0.16 1.88 9.28 138.7 2.17 6.46 10.58 16.79 5.46 8.95 14.20

KM-21-48 605.2 610.7 5.5 3.54 0.45 0.19 12.7 0.05 4.00 6.55 10.40 3.63 5.95 9.45

KM-21-48 630.3 634.6 4.3 1.11 0.34 0.69 12.7 0.11 1.71 2.80 4.45 1.52 2.49 3.95

KM-21-48 685.5 696.8 11.3 0.98 0.05 0.06 4.2 0.02 1.07 1.75 2.77 0.98 1.60 2.54

KM-21-48 715.1 718.4 3.4 2.08 0.04 0.03 4.3 0.01 2.15 3.52 5.59 1.98 3.25 5.16

KM-21-48 723.0 724.5 1.5 1.54 0.07 0.06 4.0 0.02 1.64 2.68 4.26 1.51 2.47 3.92

KM-21-48 735.5 743.6 8.1 0.34 0.60 1.52 9.2 0.07 1.38 2.26 3.59 1.18 1.93 3.06

KM-21-48A 538.0 539.5 1.5 0.31 1.17 2.79 29.0 0.52 2.44 4.01 6.36 2.05 3.35 5.32

KM-21-48A 687.9 696.9 9.0 1.64 0.36 0.79 7.9 0.01 2.23 3.66 5.80 2.01 3.29 5.22

including 687.9 688.8 0.9 0.15 1.53 5.35 5.0 0.01 3.18 5.21 8.27 2.71 4.45 7.06

including 694.9 696.0 1.1 8.36 0.80 0.10 40.0 0.03 9.21 15.10 23.96 8.39 13.75 21.81

KM-21-49 lost hole

Analyzed Grade Analyzed Metal Equivalent Metal Equivalent

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Table 3. Full results to date of Phase 2 Drill Program at the Kay Mine Deposit, Yavapai County, Arizona. See Table

2 for width and metal equivalency notes.

Hole ID From m To m Length mCu % Au g/t Zn % Ag g/t Pb % Cu eq %Au eq g/tZn eq% Cu eq %Au eq g/tZn eq%

KM-21-50 489.5 501.9 12.3 0.98 2.30 6.36 111.9 1.24 5.99 9.81 15.57 5.02 8.24 13.07

including 489.5 493.0 3.4 2.64 3.59 9.49 207.7 1.65 10.49 17.20 27.30 8.86 14.52 23.05

KM-21-50 509.0 562.1 53.1 0.44 0.84 1.28 35.8 0.27 1.79 2.93 4.65 1.48 2.42 3.84

including 538.1 545.6 7.5 0.28 1.94 2.62 112.8 0.82 3.55 5.81 9.23 2.82 4.63 7.34

KM-21-51B 860.5 870.2 9.8 3.00 0.13 0.10 6.5 0.05 3.18 5.21 8.27 2.93 4.80 7.62

including 864.7 865.6 0.9 8.70 0.09 0.09 16.0 0.10 8.93 14.64 23.24 8.27 13.55 21.51

KM-21-51B 881.5 884.2 2.7 0.52 0.22 0.62 28.3 0.14 1.15 1.88 2.98 0.99 1.61 2.56

KM-21-51B 893.7 903.4 9.8 1.51 0.10 0.06 4.4 0.01 1.63 2.67 4.24 1.49 2.45 3.89

including 898.2 899.3 1.1 6.56 0.11 0.10 15.0 0.04 6.79 11.13 17.67 6.28 10.29 16.32

KM-21-52 751.5 758.2 6.7 1.18 0.66 0.98 18.2 0.14 2.14 3.50 5.56 1.86 3.05 4.84

KM-21-52 787.5 789.6 2.1 0.04 1.27 1.68 28.5 0.22 1.73 2.84 4.50 1.38 2.25 3.58

KM-21-52A 763.7 793.1 29.4 0.25 1.12 1.36 51.6 0.47 1.97 3.22 5.11 1.58 2.58 4.10

including 763.7 764.9 1.2 0.38 3.01 8.69 132.0 1.68 6.97 11.43 18.13 5.80 9.50 15.08

including 771.8 774.5 2.7 1.39 2.46 4.59 116.4 1.82 5.98 9.81 15.56 5.00 8.19 12.99

including 781.5 787.6 6.1 0.31 2.63 1.64 119.5 0.65 3.64 5.97 9.47 2.81 4.60 7.30

KM-21-52A 801.3 802.5 1.2 0.42 0.90 1.29 82.0 0.17 2.15 3.52 5.59 1.73 2.83 4.50

KM-21-52A 818.8 820.2 1.4 0.39 1.62 1.29 188.0 0.36 3.45 5.65 8.96 2.66 4.35 6.91

KM-21-52A 831.2 852.4 21.2 0.05 0.91 0.80 27.2 0.29 1.19 1.95 3.10 0.93 1.52 2.42

including 837.0 841.6 4.6 0.03 2.16 1.34 69.0 0.79 2.59 4.24 6.73 1.98 3.24 5.14

KM-21-55 302.7 308.5 5.8 0.66 0.44 0.53 15.8 0.10 1.28 2.10 3.33 1.10 1.80 2.86

KM-21-56 434.6 435.9 1.2 1.53 0.39 0.13 19.0 0.01 1.97 3.23 5.12 1.75 2.86 4.54

KM-21-56 499.1 501.5 2.4 1.53 0.18 7.15 6.4 0.02 4.45 7.29 11.57 4.07 6.68 10.59

including 499.1 500.2 1.1 1.97 0.31 14.55 7.0 0.02 7.81 12.81 20.33 7.16 11.73 18.61

KM-21-56 524.0 525.0 1.1 0.97 0.12 0.07 5.0 0.03 1.12 1.83 2.91 1.01 1.66 2.64

KM-21-56 558.2 563.6 5.3 0.82 0.99 3.09 27.0 0.06 2.84 4.65 7.38 2.44 4.00 6.35

KM-21-56 577.0 578.2 1.2 0.02 1.66 0.47 5.0 0.02 1.26 2.06 3.27 0.92 1.52 2.41

KM-21-57 776.5 784.3 7.8 0.26 2.30 2.59 57.9 0.68 3.27 5.36 8.51 2.61 4.28 6.79

including 777.8 778.8 0.9 0.25 6.62 11.45 105.0 3.33 10.26 16.81 26.68 8.37 13.72 21.77

KM-21-57 819.9 835.5 15.5 1.29 2.17 2.58 90.9 0.27 4.39 7.19 11.41 3.61 5.92 9.40

including 824.0 827.5 3.5 3.69 4.67 3.81 228.5 0.29 9.88 16.19 25.69 8.13 13.33 21.15

KM-21-57 852.5 853.6 1.1 0.30 3.10 2.33 92.0 0.57 3.94 6.46 10.25 3.06 5.02 7.97

KM-21-57A 728.6 735.5 6.9 2.49 1.04 0.57 6.6 0.02 3.40 5.57 8.84 3.00 4.92 7.81

KM-21-57A 759.6 821.4 61.9 1.08 2.60 3.73 32.0 0.50 4.46 7.31 11.60 3.71 6.08 9.65

including 762.3 783.3 21.0 0.42 6.78 9.49 67.9 0.49 8.84 14.50 23.00 7.12 11.67 18.52

KM-22-57B 736.7 862.0 125.3 1.41 0.83 1.27 12.4 0.13 2.53 4.14 6.57 2.21 3.62 5.74

including 739.7 741.6 1.8 9.42 2.37 0.32 8.5 0.03 11.06 18.12 28.76 9.93 16.28 25.84

including 798.3 805.6 7.3 6.35 0.81 3.76 19.5 0.14 8.47 13.89 22.04 7.72 12.65 20.08

KM-22-57C 784.3 885.1 100.9 1.24 1.54 1.56 25.8 0.14 3.02 4.95 7.85 2.54 4.16 6.61

including 829.4 837.9 8.5 1.60 7.71 9.04 100.9 0.35 10.66 17.47 27.72 8.62 14.14 22.43

including 852.2 857.6 5.3 6.81 0.10 0.09 23.3 0.02 7.10 11.63 18.46 6.55 10.73 17.03

KM-21-58 577.0 586.4 9.4 0.43 1.28 2.48 41.3 0.47 2.59 4.25 6.74 2.15 3.52 5.59

KM-21-58 614.2 682.6 68.4 1.30 3.42 3.85 47.2 0.50 5.35 8.78 13.93 4.40 7.22 11.45

including 640.7 648.0 7.3 0.79 4.34 10.20 51.9 0.56 7.90 12.94 20.54 6.60 10.83 17.18

including 668.1 678.6 10.5 5.30 12.19 6.67 194.7 1.88 17.26 28.30 44.90 13.98 22.92 36.37

including 668.1 669.6 1.5 2.55 43.20 7.76 856.0 0.80 38.86 63.69 101.08 28.62 46.90 74.43

KM-21-58A 569.4 641.8 72.5 1.12 1.00 2.84 18.1 0.33 3.03 4.97 7.89 2.64 4.32 6.86

including 584.3 591.9 7.6 0.29 1.19 6.23 4.4 0.40 3.53 5.79 9.19 3.09 5.06 8.02

including 602.3 613.3 11.0 4.02 0.11 1.38 12.6 0.40 4.80 7.88 12.50 4.42 7.25 11.51

including 630.3 630.9 0.7 1.14 6.35 11.20 356.0 0.65 12.28 20.13 31.95 9.89 16.21 25.73

including 633.5 641.8 8.3 1.53 2.33 5.12 26.5 0.36 5.20 8.53 13.53 4.45 7.29 11.56

KM-21-58A 665.5 676.0 10.5 0.12 2.90 3.88 167.5 1.92 5.13 8.41 13.34 4.06 6.65 10.55

including 672.5 676.0 3.5 0.12 6.89 6.40 332.0 3.81 10.26 16.82 26.70 7.98 13.07 20.74

including 673.6 674.5 0.9 0.28 19.65 12.65 844.0 10.20 26.07 42.74 67.82 19.97 32.73 51.94

KM-21-58B 543.2 627.6 84.4 1.05 2.38 3.44 23.8 0.55 4.13 6.77 10.75 3.45 5.66 8.98

including 571.2 582.5 11.3 0.51 5.27 9.96 35.4 1.52 8.18 13.40 21.27 6.76 11.08 17.58

including 605.3 622.7 17.4 3.20 6.19 4.18 40.9 0.22 8.96 14.69 23.31 7.38 12.09 19.19

including 609.6 612.0 2.4 1.45 17.73 7.97 82.5 0.44 16.08 26.35 41.81 12.29 20.15 31.97

KM-22-59A 903.7 905.9 2.1 0.61 0.10 0.65 10.3 0.10 1.02 1.68 2.66 0.92 1.50 2.38

KM-22-60 554.7 648.0 93.3 1.36 5.65 3.25 32.6 0.34 6.39 10.47 16.62 5.08 8.32 13.21

including 591.6 597.7 6.1 0.58 5.62 12.00 56.3 1.40 9.37 15.37 24.38 7.78 12.75 20.24

including 627.0 644.5 17.5 5.22 25.37 4.71 100.6 0.59 23.44 38.42 60.98 18.05 29.59 46.95

including 634.3 635.5 1.2 5.63 273.00 0.18 715.0 0.28 177.99 291.74 462.98 126.03 206.57 327.82

KM-22-61 560.8 580.0 19.2 0.72 0.20 0.69 7.0 0.06 1.18 1.93 3.07 1.05 1.73 2.74

KM-22-62 636.6 682.8 46.2 0.22 1.47 3.22 53.5 0.47 2.89 4.73 7.51 2.37 3.89 6.18

including 644.4 646.2 1.8 0.89 4.36 19.26 133.0 0.77 12.18 19.96 31.68 10.41 17.07 27.09

including 650.7 657.5 6.8 0.34 3.21 9.59 145.2 1.79 7.53 12.34 19.59 6.26 10.26 16.29

including 663.2 665.5 2.3 0.53 8.66 7.82 181.6 1.55 10.60 17.38 27.58 8.30 13.61 21.60

KM-22-62 704.1 706.2 2.1 0.36 2.88 3.33 61.5 0.46 3.99 6.53 10.37 3.18 5.22 8.28

KM-22-62A 582.2 643.6 61.4 0.31 1.27 2.65 40.8 0.58 2.55 4.18 6.64 2.11 3.47 5.50

including 593.1 602.4 9.3 1.15 2.29 4.37 52.4 0.91 4.85 7.94 12.60 4.08 6.68 10.60

including 608.9 617.8 8.8 0.20 1.79 4.26 91.2 1.15 3.90 6.40 10.15 3.20 5.25 8.33

including 627.7 630.9 3.2 0.41 7.10 15.01 180.0 2.77 12.56 20.58 32.66 10.31 16.89 26.81

KM-22-62A 653.8 660.5 6.7 0.26 1.69 2.58 90.4 0.75 3.17 5.19 8.24 2.54 4.17 6.61

KM-22-62B 590.9 599.4 8.5 1.48 0.47 1.04 21.6 0.27 2.39 3.92 6.23 2.12 3.47 5.51

KM-22-62B 606.2 629.0 22.7 0.20 1.05 1.77 21.2 0.23 1.75 2.86 4.54 1.43 2.35 3.73

including 623.8 629.0 5.2 0.21 3.61 6.52 56.6 0.81 5.55 9.09 14.43 4.53 7.42 11.78

KM-22-62C 613.6 630.3 16.8 0.57 0.40 0.48 20.5 0.11 1.18 1.94 3.07 1.01 1.65 2.62

KM-22-62C 638.3 653.8 15.5 0.25 2.34 3.34 34.8 0.34 3.31 5.43 8.62 2.68 4.39 6.97

including 648.5 653.8 5.3 0.32 4.21 6.57 74.7 0.73 6.18 10.12 16.06 5.00 8.19 13.00

KM-22-63 982.2 983.1 0.9 3.41 1.23 2.19 47.0 0.24 5.43 8.90 14.12 4.79 7.85 12.45

KM-22-63A no significant assays

KM-22-63B 890.3 891.8 1.5 0.10 0.47 0.43 15.0 0.08 0.68 1.12 1.77 0.54 0.89 1.41

KM-22-63C no significant assays

KM-22-63D no significant assays

KM-22-64 317.4 325.5 8.1 1.13 0.09 2.30 14.3 0.08 2.20 3.60 5.72 2.00 3.27 5.20

KM-22-65 334.4 337.1 2.7 1.39 0.06 0.34 7.0 0.03 1.62 2.65 4.21 1.48 2.43 3.86

KM-22-66 384.4 414.8 30.5 1.00 0.11 0.09 3.0 0.01 1.13 1.85 2.94 1.03 1.69 2.68

KM-22-67 340.2 345.9 5.8 0.38 0.06 0.55 4.4 0.09 0.69 1.13 1.79 0.62 1.02 1.61

KM-22-68 407.2 408.7 1.5 1.71 0.49 0.08 8.4 0.06 2.11 3.46 5.49 1.88 3.08 4.89

KM-22-68 435.9 446.5 10.7 0.54 0.18 0.29 4.3 0.04 0.80 1.31 2.08 0.71 1.17 1.85

KM-22-69 342.0 343.6 1.6 1.19 0.87 0.96 25.7 0.06 2.30 3.78 5.99 1.97 3.24 5.14

KM-22-70 lost hole

KM-22-71 631.2 648.5 17.3 0.53 0.16 0.21 9.6 0.01 0.78 1.28 2.03 0.69 1.12 1.78

KM-22-71 657.8 668.6 10.8 3.18 0.35 0.16 22.6 0.01 3.64 5.96 9.46 3.29 5.40 8.57

including 657.8 661.4 3.7 6.75 0.28 0.09 30.9 0.02 7.20 11.81 18.74 6.61 10.83 17.19

KM-22-71A 554.3 561.4 7.2 0.39 0.22 0.64 10.3 0.22 0.90 1.47 2.34 0.78 1.29 2.04

KM-22-72 637.6 660.2 22.6 0.34 0.38 1.15 13.0 0.27 1.18 1.93 3.06 1.01 1.66 2.63

KM-22-72 669.3 671.3 2.0 0.17 2.15 4.15 23.1 0.56 3.38 5.55 8.80 2.79 4.57 7.25

KM-22-73 no significant assays

KM-22-74 649.2 688.2 39.0 0.40 1.77 3.39 30.5 0.32 3.09 5.07 8.05 2.56 4.20 6.67

including 652.6 659.8 7.2 0.68 2.57 5.13 18.0 0.11 4.39 7.19 11.42 3.67 6.02 9.55

including 678.5 688.2 9.8 0.15 3.08 5.67 32.0 0.51 4.57 7.50 11.90 3.74 6.13 9.73

KM-22-74 716.3 719.6 3.4 0.03 0.84 2.65 37.5 0.57 1.99 3.26 5.17 1.65 2.71 4.30

KM-22-75 690.7 692.8 2.1 0.23 0.25 0.84 9.3 0.22 0.83 1.36 2.15 0.71 1.17 1.86

KM-22-75 705.0 716.9 11.9 0.67 0.17 0.30 8.0 0.05 0.97 1.58 2.51 0.86 1.41 2.24

KM-22-75 723.1 731.7 8.5 0.31 0.50 1.27 11.6 0.09 1.21 1.99 3.16 1.03 1.69 2.69

KM-22-75 753.5 754.5 1.1 0.23 1.22 1.85 12.0 0.04 1.78 2.92 4.64 1.46 2.39 3.80

KM-22-76 no significant assays

KM-22-77 no significant assays

KM-22-78 no significant assays

KM-22-79 667.8 673.8 5.9 0.11 0.52 1.03 6.9 0.23 0.93 1.52 2.42 0.77 1.27 2.02

KM-22-79 681.8 689.8 7.9 2.12 1.38 3.14 47.2 0.27 4.61 7.55 11.98 4.00 6.55 10.40

KM-22-80 672.8 678.5 5.6 0.35 0.59 0.68 4.9 0.02 1.02 1.67 2.65 0.85 1.40 2.22

KM-22-80 702.9 705.9 3.0 0.13 0.04 0.99 1.0 0.01 0.54 0.89 1.41 0.49 0.81 1.28

KM-22-81 813.8 822.4 8.5 0.10 0.22 0.69 15.5 0.11 0.65 1.07 1.69 0.54 0.89 1.42

KM-22-81A 847.7 852.8 5.2 0.03 0.19 2.04 46.2 0.48 1.40 2.29 3.64 1.19 1.94 3.09

KM-22-81B 801.8 805.6 3.8 9.60 1.81 1.83 44.6 0.23 11.81 19.36 30.72 10.65 17.45 27.70

including 802.7 804.2 1.5 14.80 2.75 2.06 53.0 0.28 17.75 29.10 46.18 16.03 26.27 41.69

KM-22-81B 815.0 816.0 0.9 0.93 0.56 0.49 28.0 0.21 1.72 2.82 4.48 1.47 2.41 3.83

KM-22-81B 821.6 823.0 1.4 0.02 0.03 1.92 28.0 0.40 1.09 1.78 2.83 0.95 1.56 2.47

KM-22-81B 836.5 837.3 0.8 0.05 0.74 0.69 15.0 0.46 0.99 1.62 2.57 0.79 1.29 2.04

KM-22-81C 751.5 754.7 3.2 1.14 0.43 0.56 19.6 0.07 1.79 2.94 4.66 1.57 2.57 4.08

KM-22-81C 775.9 784.0 8.1 0.21 0.13 1.01 18.8 0.22 0.88 1.44 2.29 0.76 1.25 1.99

KM-22-81C 787.0 788.5 1.5 0.03 2.02 1.80 30.0 0.39 2.27 3.73 5.92 1.77 2.91 4.61

KM-22-82 226.5 228.0 1.5 0.14 0.07 1.58 5.4 0.53 0.95 1.55 2.46 0.85 1.40 2.22

KM-22-82 301.8 304.2 2.4 1.18 0.37 0.13 2.6 0.02 1.48 2.42 3.84 1.32 2.16 3.42

KM-22-83 no significant assays

KM-22-84 no significant assays

KM-22-85 no significant assays

KM-22-86 lost hole

KM-22-86A 545.9 546.6 0.7 0.14 0.51 0.14 16.0 0.26 0.69 1.14 1.80 0.54 0.89 1.41

KM-22-86A 563.7 564.8 1.1 0.04 1.11 0.05 13.0 0.11 0.86 1.42 2.25 0.63 1.03 1.63

KM-22-86A 565.6 566.7 1.1 0.05 0.15 0.92 25.9 0.43 0.80 1.30 2.07 0.67 1.10 1.74

KM-22-87 339.9 348.1 8.2 0.29 0.31 0.23 2.0 0.01 0.59 0.96 1.53 0.50 0.82 1.30

including 339.9 340.5 0.6 1.89 0.09 0.04 4.0 0.02 1.99 3.26 5.17 1.83 3.00 4.76

KM-22-88 344.7 345.6 0.9 2.84 0.07 0.06 2.0 0.02 2.93 4.80 7.61 2.71 4.44 7.04

KM-22-89 447.1 448.5 1.4 1.09 0.29 0.06 5.8 0.11 1.36 2.23 3.53 1.21 1.99 3.15

KM-22-90 no significant assays

KM-22-91 399.3 401.1 1.8 0.72 0.66 0.20 3.5 0.02 1.23 2.02 3.21 1.05 1.72 2.73

KM-22-92 no significant assays

KM-22-93 478.7 483.3 4.5 1.85 0.03 0.02 4.6 0.00 1.91 3.13 4.97 1.77 2.90 4.60

KM-22-93 506.6 508.6 2.0 1.63 0.01 0.01 2.2 0.00 1.66 2.72 4.32 1.54 2.52 4.01

KM-22-93 522.4 527.0 4.6 0.85 0.05 0.02 2.6 0.00 0.90 1.48 2.35 0.83 1.36 2.16

KM-22-93 615.1 616.3 1.2 2.85 0.04 0.06 5.0 0.00 2.94 4.81 7.64 2.72 4.45 7.07

KM-22-94 797.4 815.0 17.7 0.73 0.04 0.06 3.1 0.01 0.81 1.33 2.11 0.74 1.22 1.93

including 797.4 798.7 1.4 1.43 0.03 0.02 3.7 0.02 1.49 2.44 3.87 1.37 2.25 3.58

KM-22-94 829.4 832.6 3.2 0.54 0.75 0.48 6.9 0.06 1.25 2.05 3.26 1.05 1.71 2.72

KM-22-94 854.5 855.8 1.3 0.76 0.09 0.02 2.0 0.00 0.84 1.37 2.18 0.76 1.25 1.99

KM-22-94A 829.1 832.4 3.4 2.18 0.03 0.07 5.2 0.05 2.27 3.73 5.91 2.10 3.44 5.47

including 829.1 829.7 0.6 9.43 0.10 0.27 22.0 0.23 9.82 16.09 25.54 9.08 14.88 23.61

KM-22-94A 850.1 853.4 3.4 0.63 0.11 0.02 2.4 0.02 0.73 1.20 1.90 0.66 1.08 1.71

KM-22-94A 858.9 864.9 5.9 0.62 0.02 0.02 2.3 0.01 0.67 1.09 1.74 0.61 1.01 1.60

KM-22-94A 871.9 882.2 10.4 1.21 0.09 0.05 3.6 0.01 1.31 2.15 3.42 1.20 1.97 3.13

KM-22-95 432.8 435.6 2.7 0.22 0.12 0.61 4.1 0.02 0.57 0.94 1.48 0.50 0.83 1.31

KM-22-96 no significant assays

KM-23-97 512.2 521.0 8.8 2.87 2.24 2.65 27.7 0.31 5.54 9.08 14.41 4.78 7.83 12.43

including 516.1 517.7 1.6 8.12 3.67 2.33 61.2 0.14 11.76 19.28 30.60 10.31 16.91 26.83

including 516.8 517.2 0.4 17.10 4.59 0.40 59.0 0.08 20.54 33.67 53.43 18.36 30.09 47.75

KM-23-97 595.3 596.8 1.5 0.95 0.80 0.03 9.0 0.01 1.52 2.50 3.97 1.29 2.11 3.36

KM-23-98 255.7 258.8 3.0 0.53 0.13 0.11 3.5 0.01 0.69 1.12 1.78 0.61 1.00 1.59

KM-23-98 312.4 317.0 4.6 0.70 0.06 0.13 4.1 0.02 0.82 1.35 2.14 0.75 1.23 1.95

KM-23-98 342.9 347.2 4.3 0.75 0.33 0.06 3.3 0.00 1.00 1.64 2.60 0.88 1.44 2.28

KM-23-99 459.8 462.8 3.0 0.61 0.28 0.44 7.0 0.09 1.02 1.67 2.65 0.90 1.47 2.33

KM-23-99 508.3 517.9 9.6 0.04 0.59 0.74 2.0 0.03 0.70 1.15 1.82 0.56 0.92 1.47

Analyzed Grade Analyzed Metal Equivalent Metal Equivalent

8

Table 4. Results of Phase 1 Drill Program at the Kay Mine Deposit, Yavapai County, Arizona. The true width of

mineralization is estimated to be 50% to 99% of reported core width, with an average of 80%.

Hole ID From m To m Length m Cu % Au g/t Zn % Ag g/t Pb % Cu eq % Au eq g/t Zn eq%

KM-20-01 275.8 281.5 5.6 0.57 0.48 1.20 11.6 0.18 1.70 1.61 4.51

including 275.8 276.5 0.6 0.50 1.22 5.04 32.0 0.73 4.23 4.01 11.22

including 279.8 281.5 1.6 1.21 0.98 1.49 22.6 0.23 3.10 2.94 8.22

KM-20-02 297.8 300.8 3.0 0.77 0.20 0.04 1.4 0.01 1.01 0.96 2.69

KM-20-03 256.3 259.1 2.7 3.40 1.01 0.65 69.6 0.09 5.41 5.13 14.35

including 256.3 257.3 0.9 7.42 1.79 1.11 56.0 0.17 10.32 9.78 27.37

KM-20-03 292.2 292.6 0.5 2.43 0.19 0.15 2.0 0.04 2.72 2.57 7.20

KM-20-03 295.4 295.8 0.5 1.35 0.80 0.91 6.0 0.06 2.61 2.47 6.92

KM-20-03A 252.4 256.9 4.6 3.70 2.55 0.27 35.6 0.03 6.85 6.49 18.15

including 252.4 253.1 0.8 9.74 6.34 0.40 164.0 0.11 18.19 17.24 48.23

KM-20-05 266.6 269.0 2.4 6.47 1.94 0.57 43.3 0.14 9.19 8.71 24.37

including 266.6 267.8 1.2 10.60 2.21 1.05 50.0 0.26 13.89 13.16 36.83

KM-20-06 267.9 281.5 13.5 1.02 0.85 1.23 45.6 0.30 2.92 2.77 7.75

including 267.9 268.4 0.5 1.54 2.20 6.10 31.0 0.81 6.73 6.38 17.85

including 276.6 281.5 4.9 1.86 0.87 1.96 92.1 0.42 4.54 4.30 12.04

including 280.0 281.0 1.1 3.22 1.03 0.64 340.0 0.04 7.82 7.41 20.74

KM-20-09 588.1 588.4 0.3 0.91 1.74 1.86 15.0 0.40 3.72 3.52 9.86

KM-20-09 613.4 614.1 0.7 0.90 1.81 1.04 10.0 0.08 3.32 3.15 8.81

KM-20-09 614.6 614.9 0.3 2.64 0.36 0.98 19.0 0.10 3.60 3.41 9.54

KM-20-09 632.8 638.9 6.1 0.12 4.18 8.02 41.7 0.82 8.23 7.80 21.83

including 633.6 637.9 4.4 0.15 5.46 9.06 33.1 0.50 9.81 9.29 26.00

including 636.9 637.9 1.1 0.17 9.77 14.65 68.0 0.78 16.92 16.03 44.86

KM-20-10 563.6 568.5 4.9 2.39 2.16 3.27 24.9 0.31 6.24 5.92 16.55

including 563.6 566.6 3.0 3.66 2.42 3.16 28.2 0.32 7.78 7.38 20.64

including 567.2 568.5 1.2 0.33 2.52 5.10 28.4 0.43 5.33 5.05 14.12

KM-20-10 574.2 574.9 0.6 0.12 4.33 11.30 113.0 0.16 10.09 9.56 26.75

KM-20-10 577.7 579.3 1.6 0.03 0.70 4.38 45.9 0.68 3.09 2.93 8.20

KM-20-10 582.3 583.1 0.8 0.03 0.42 2.90 51.0 1.07 2.42 2.29 6.40

KM-20-10A 521.2 522.5 1.3 2.13 1.27 7.46 51.1 0.91 7.07 6.70 18.75

KM-20-10A 527.9 538.6 10.7 1.32 1.66 2.58 27.2 0.30 4.40 4.17 11.66

including 527.9 529.4 1.5 6.69 0.92 1.62 30.2 0.07 8.59 8.14 22.77

including 532.2 535.3 3.1 0.72 1.75 2.99 34.3 0.42 4.17 3.95 11.07

including 537.2 538.6 1.4 0.16 7.29 9.06 79.2 0.60 12.24 11.60 32.44

KM-20-10B 503.0 530.7 27.6 0.87 0.97 1.76 21.3 0.32 2.87 2.72 7.61

including 503.0 509.6 6.6 1.78 1.55 2.55 29.8 0.37 4.79 4.54 12.70

including 513.9 518.3 4.4 1.08 1.89 4.05 47.4 0.68 5.29 5.01 14.02

including 527.2 530.7 3.5 1.91 2.32 3.93 52.9 0.99 6.68 6.33 17.72

KM-20-10C 523.9 530.7 6.8 0.58 3.32 5.84 102.0 1.15 7.65 7.25 20.28

including 523.9 528.2 4.3 0.88 4.89 7.61 125.2 1.45 10.60 10.05 28.11

including 525.6 526.4 0.8 0.52 16.65 21.40 214.0 2.76 29.15 27.62 77.29

KM-20-11 554.1 556.9 2.7 4.14 2.83 3.56 70.0 0.28 9.23 8.75 24.48

KM-20-12 371.9 376.7 4.9 3.99 0.37 0.62 12.4 0.07 4.76 4.51 12.61

including 371.9 373.7 1.9 8.49 0.67 1.53 28.0 0.16 10.10 9.57 26.77

KM-20-12 379.5 405.4 25.9 0.73 0.08 0.08 2.3 0.01 0.87 0.82 2.30

KM-20-13 443.6 486.8 43.1 1.68 1.26 1.67 23.3 0.24 3.94 3.73 10.45

including 444.4 459.6 15.2 3.42 1.80 2.36 38.5 0.39 6.71 6.36 17.80

including 444.4 447.1 2.7 1.02 3.74 10.64 55.0 1.88 10.14 9.61 26.89

including 451.4 455.8 4.4 8.41 1.18 0.16 65.3 0.02 10.34 9.80 27.42

KM-20-14 421.7 461.6 39.9 1.47 1.00 1.67 18.4 0.19 3.40 3.22 9.00

including 426.3 429.8 3.5 9.56 1.28 0.95 30.0 0.07 11.58 10.98 30.71

including 457.2 460.7 3.5 0.36 2.58 8.33 26.3 0.38 6.61 6.26 17.52

KM-20-14A 404.6 409.0 4.4 1.67 1.48 2.50 79.2 0.41 5.07 4.80 13.44

including 404.6 406.4 1.7 4.08 2.46 5.02 173.6 0.53 10.41 9.87 27.61

KM-20-14A 421.0 443.5 22.5 0.86 0.72 1.51 15.9 0.18 2.41 2.28 6.38

including 421.0 421.8 0.8 9.81 2.91 1.69 45.0 0.19 14.01 13.28 37.15

including 421.0 425.0 4.1 3.23 1.14 1.30 21.4 0.14 5.17 4.90 13.71

KM-20-15 506.8 510.1 3.3 0.05 0.33 3.73 192.0 1.75 4.24 4.02 11.25

KM-20-16 480.4 518.8 38.4 0.85 0.81 2.24 24.3 0.25 2.87 2.72 7.61

including 480.4 492.9 12.5 1.63 1.98 4.23 48.5 0.50 5.95 5.64 15.78

including 480.4 483.4 3.0 2.40 4.74 7.49 77.9 0.91 11.29 10.70 29.93

including 489.8 492.9 3.0 3.61 2.59 6.90 100.7 0.92 10.22 9.68 27.10

Analyzed Grade Analyzed Metal Equivalent