Arizona Metals Corp’s Kay Mine Drilling Intersects 28.2 m at a grade of 3.8% Cu, 0.5 g/t Au, 0.3% Zn, and 13 g/t Ag (incl. 5.5 m at 14.6% Cu, 0.7 g/t Au, 0.2% Zn, and 38g/t Ag), and Expands Mineralization on Strike, Towards
Arizona Metals Corp’s Kay Mine Drilling Intersects 28.2 m at a grade of
3.8% Cu, 0.5 g/t Au, 0.3% Zn, and 13 g/t Ag (incl. 5.5 m at 14.6% Cu, 0.7 g/t
Au, 0.2% Zn, and 38g/t Ag), and Expands Mineralization on Strike, Towards
Surface, and at Depth
TORONTO--(BUSINESS WIRE)--January 25, 2022--Arizona Metals Corp. (TSX.V:AMC,
OTCQX:AZMCF) (the “Company” or “Arizona Metals”) is pleased to announce the results of an
additional fourteen drill holes at its Kay Mine project in Yavapai, County Arizona.
Marc Pais, CEO, commented “The fourteen drill holes released today continue to demonstrate
the richness and size potential of the Kay Mine system. Virtually all holes drilled to date at Kay
have intersected semi-massive to massive sulphide mineralization, with assays pending on 13
more holes, and three holes currently underway.
In Phase 2 drilling, the deposit has been tested to 860 m below surface (in Hole 42C) along a
strike length of 300 m and drilling continues to expand Kay mineralization in all directions.
Hole 42C continues to demonstrate exceptional vertical continuity of thickness and grade of the
deposit at depth; our deepest hole assayed, it has extended mineralization by 165 m down-plunge
of hole 27B, and returned our highest copper grade to date, 18.8%. Hole 46, one of our
shallowest holes to date, has also extended the deposit up-plunge by 35 m.
Drilling is currently underway with three drill rigs to test for further extensions of high-grade
mineralization, both laterally and targeting depths below 900 m.
Our geological model, especially the modeled orientation of mineralized zones, is evolving
rapidly as we drill, and is confirming a deposit considerably larger than reported historically.
Our drill program is evolving to reflect these changes, and will soon incorporate results of a
recently completed surface structural mapping program, as well as ground-loop EM survey
currently underway.”
Drilling Highlights
Hole KM-21-42C intersected 28 m at a grade of 3.8% Cu, 0.5 g/t Au, 0.3% Zn, and 13
g/t Ag, including a higher-grade interval of 5.5 m grading 14.6% Cu, 0.7 g/t Au, 0.2%
Zn, and 38 g/t Ag. This hole extends the high-grade mineralization encountered in Hole
27B approximately by 165 m down-plunge to a depth of 860 m below surface. Hole 42C
is the deepest hole assayed so far, and intersected the project’s highest copper grade to
date: 18.8% (over 1.4 m from 850.7 m downhole).
Hole KM-21-42A intersected 5.6 m at a grade of 6.2% Cu, 0.9 g/t Au, 0.2 % Zn, and
40 g/t Ag, including a higher grade interval of 2.0 m grading 10.7% Cu, 0.9 g/t Au,
0.1% Zn, and 62 g/t Ag. At 30 m farther downhole, this hole intersected 36 m at a
grade of 0.6% Cu, 0.6 g/t Au, 1.4% Zn, and 11 g/t Ag. This hole extends the high-
grade mineralization encountered in Hole 27B by approximately 145 m down-plunge to a
depth of 835 m, and together with holes KM-21-42B and KM-21-42C defines a strike
length at depth of approximately 75 m.
Hole KM-21-46 intersected 12.4 m at a grade of 2.6 g/t Au, 0.7% Cu, 3.7% Zn, and 41
g/t Ag, including a higher grade interval of 2.8 m grading 5.2 g/t Au, 0.8% Cu, 6.8%
Zn and 107 g/t Ag. One of the shallowest holes drilled to date, intersecting
mineralization at a vertical a depth of 157 m, this hole extends mineralization by
approximately 35 m up-plunge from hole 44.
Hole KM-21-50 intersected 12.3 m at a grade of 2.3 g/t Au, 1.0% Cu, 6.4% Zn and
112 g/t Ag, including a higher grade interval of 3.4 m grading 3.6 g/t Au, 9.5% Zn,
2.6% Cu, and 208 g/t Ag. Sixteen meters deeper, this hole intersected 53 m grading
0.4% Cu, 0.8 g/t Au, 1.3% Cu, and 36 g/t Ag, including 7.5 meters grading 1.9 g/t
Au, 2.6% Zn, 113 g/t Ag, and 0.3% Cu. Hole 50 confirms good continuity of the new
mineralized zone approximately 60 m up-plunge of holes 24 and 26.
Hole KM21-52A intersected 29.4 m grading 1.1 g/t Au, 1.4%Zn, 52 g/t Ag, and 0.3%
Cu, including a higher grade interval of 6 m at a grade of 2.6 g/t Au, 1.6% Zn, 120 g/t
Ag, and 0.3% Cu. Forty-four meters deeper, this hole intersected 21.2 m at a grade of
0.9 g/t Au, 0.8% Zn, 0.1% Cu, and 27 g/t Ag, including a higher grade interval of 4.6
m grading 2.2 g/t Au, 1.3% Zn, and 69 g/t Ag. This deeper interval was intersected at a
vertical depth of 817 m and confirms good continuity of mineralization below hole 27B
and above holes 42 and 42B.
Summary of Pending Holes that Intersected Massive Sulphide Mineralization:
KM-21-57A: Located about midway in the 165 m gap between holes 27B (above) and
42C (below) in the deepest parts of the deposit drilled so far. This hole intersected
stringer, semi-massive, and massive sulfide mineralization in two sections over downhole
lengths of approximately 7 m and 38 m, starting at 728.6 and 762.3 m hole depth,
respectively. Some sections of core reach 80% total sulphides.
KM-21-57B: Located 25 m downdip and north of 57A. Shows a ~58-m section of sulfide
mineralization from 757.6 m downhole, with up to 75% chalcopyrite.
KM-21-58A: In the middle of the deposit, midway between holes 28 and 40. Beginning
at 597.1 m downhole, intersected approximately 63 m of sulfide mineralization,
comprising massive, semi-massive, and stringer sulfide styles with up to 90% total
sulfides.
KM-21-60: This is one of a series of holes testing continuity and the northern extent of
mineralization near the middle of the deposit’s vertical extent. This hole intersected
numerous sections of massive, semi-massive, and stringer mineralization over a down-
hole distance of 84 m. This confirms excellent continuity in the 100-m gap between holes
26 and 40, and along with hole 58B (assays pending) adds 15-20 m of additional
thickness of mineralization into the footwall in this area.
Structural Mapping Program
In December 2021, the Company completed a detailed surface structural mapping program
performed by associates of technical advisor Dr. Mark Hannington, to update and supplement
structural mapping completed in 2019. The results of the mapping program will be combined
with core logging data to refine drill targets at pads 4, 5, and 6. These pads will test for
extensions of the Kay Mine mineralization approximately 500 m north and 300 m south of the
main mineralized body. Mapping will also refine drill targets at the Central and West targets,
located approximately 0.5 km and 1.3 km, respectively, west of the Kay deposit.
Ground-loop Geophysical Survey Underway
On January 15th, 2022, the Company initiated a ground loop electromagnetic (EM) survey, in
order to refine and test the depth extensions of numerous previously untested exploration targets
identified by the 2019 helicopter-borne EM survey. The survey will make a detailed examination
of targets to the north and south of the Kay Mine, as well as the Central and Western targets.
Kay Mine Phase 2 Drill Program Progression Update
With the assayed holes released today, the Company has completed a total of 41,600 metres at
the Kay Mine since inception of drilling. The Company is well financed and fully-funded to
complete the remaining 33,000 metres planned for the Phase 2 program, as well as an additional
76,000 metres planned under the Phase 3 program.
Table 1. Results of Phase 2 Drill Program at Kay Mine, Yavapai County, Arizona announced in
this news release. The true width of mineralization is estimated to be 50% to 99% of reported
core width, with an average of 80%.
Analyzed Grade
Vertical Depth Below Surface m Hole ID From m To m Length m Cu % Au g/t Zn % Ag g/t Pb %
KM-21-42 803.5 810.3 6 . 90 . 0 51 . 6 0 1.58 64.3 0.35 800
KM-21-42 835.5 839.7 4 . 30 . 6 32 . 4 6 2.15 21.7 0.21 816
KM-21-42 853.7 854.7 0 . 90 . 1 11 . 6 3 2.88 28.0 0.40 846
KM-21-42A 786.7 787.6 0 . 90 . 0 33 . 6 1 2.18 17.0 0.70 781
KM-21-42A 805.4 811.1 5 . 66 . 1 70 . 9 2 0.18 39.5 0.01 802
including 807.0 808.9 2.0 10.72 0.87 0.11 61.8 0.00
KM-21-42A 840.9 877.2 36.3 0.55 0.62 1.35 10.7 0.13 848
KM-21-42B 808.0 811.2 3 . 20 . 2 92 . 0 6 5.77 63.0 0.94 790
KM-21-42B 816.9 819.9 3 . 02 . 3 10 . 6 6 1.23 16.0 0.15 810
KM-21-42B 835.5 840.8 5 . 30 . 0 20 . 7 3 2.93 13.5 0.24 828
KM-21-42C 849.2 877.4 28.2 3.81 0.47 0.29 12.5 0.09 850
including 849.2 854.7 5.5 14.57 0.66 0.16 37.5 0.03
including 863.8 869.4 5.6 2.29 1.17 0.59 13.1 0.25
including 874.8 877.4 2 . 62 . 8 30 . 2 6 0.03 7.2 0.01
KM-21-42C 886.1 889.1 3 . 00 . 8 70 . 8 8 0.50 5.2 0.05 855
KM-21-43 583.7 607.1 23.4 0.39 0.25 3.68 3.1 0.02 586
including 598.9 599.8 0.9 0.50 0.18 11.30 3.0 0.03
KM-21-43 616.0 633.1 17.1 1.81 0.17 0.14 8.2 0.03 616
including 631.2 633.1 1.8 6.30 0.61 0.09 25.0 0.01
KM-21-45 459.6 463.0 3 . 40 . 3 20 . 6 2 6.63 82.3 0.87 459
KM-21-46 350.4 362.9 12.4 0.66 2.61 3.69 40.6 0.39 157
including 350.4 353.3 2.8 0.77 5.19 6.83 107.0 0.72
KM-21-47 433.9 435.9 2 . 00 . 1 61 . 8 8 9.28 138.7 2.17 432
KM-21-48 605.2 610.7 5 . 53 . 5 40 . 4 5 0.19 12.7 0.05 606
KM-21-48 630.3 634.6 4 . 31 . 1 10 . 3 4 0.69 12.7 0.11 631
KM-21-48 685.5 696.8 11.3 0.98 0.05 0.06 4.2 0.02 686
KM-21-48 715.1 718.4 3 . 42 . 0 80 . 0 4 0.03 4.3 0.00 716
KM-21-48 723.0 724.5 1 . 51 . 5 40 . 0 7 0.06 4.0 0.02 724
KM-21-48 735.5 743.6 8 . 10 . 3 40 . 6 0 1.52 9.2 0.07 737
KM-21-48A 538.0 539.5 1 . 50 . 3 11 . 1 7 2.79 29.0 0.52 538
KM-21-48A 687.9 696.9 9 . 01 . 6 40 . 3 6 0.79 7.9 0.01 688
including 687.9 688.8 0.9 0.15 1.53 5.35 5.0 0.01
including 694.9 696.0 1.1 8.36 0.80 0.10 40.0 0.03
KM-21-50 489.5 501.9 12.3 0.98 2.30 6.36 111.9 1.24 481
including 489.5 493.0 3.4 2.64 3.59 9.49 207.7 1.65
KM-21-50 509.0 562.1 53.1 0.44 0.84 1.28 35.8 0.27 501
including 538.1 545.6 7.5 0.28 1.94 2.62 112.8 0.82
KM-21-52 751.5 758.2 6 . 71 . 1 80 . 6 6 0.98 18.2 0.14 743
KM-21-52 787.5 789.6 2 . 10 . 0 41 . 2 7 1.68 28.5 0.22 777
KM-21-52A 763.7 793.1 29.4 0.25 1.12 1.36 51.6 0.47 750
including 763.7 764.9 1.2 0.38 3.01 8.69 132.0 1.68
including 771.8 774.5 2.7 1.39 2.46 4.59 116.4 1.82
including 781.5 787.6 6.1 0.31 2.63 1.64 119.5 0.65
KM-21-52A 801.3 802.5 1 . 20 . 4 20 . 9 0 1.29 82.0 0.17 789
KM-21-52A 818.8 820.2 1 . 40 . 3 91 . 6 2 1.29 188.0 0.36 805
KM-21-52A 831.2 852.4 21.2 0.05 0.91 0.80 27.2 0.29 817
including 837.0 841.6 4.6 0.03 2.16 1.34 69.0 0.79
KM-21-55 302.7 308.5 5 . 80 . 6 60 . 4 4 0.53 15.8 0.10 153
Table 2. Full results of Phase 2 Drill Program at Kay Mine, Yavapai County, Arizona. The true
width of mineralization is estimated to be 50% to 99% of reported core width, with an average of
80%.
Analyzed Grade
Vertical Depth Below Surface m Hole ID From m To m Length m Cu % Au g/t Zn % Ag g/t Pb %
KM-21-17 429.5 449.9 20.4 1.81 1.10 1.20 21.2 0.17 300
including 429.5 434.0 4.6 4.61 1.73 1.91 29.1 0.24
including 432.7 434.0 1.4 0.52 6.81 8.29 40.0 1.10
KM-21-17 504.4 505.4 0 . 91 . 1 94 . 7 3 0.05 9.0 0.00 356
KM-21-18 404.3 429.8 25.5 0.35 0.86 1.71 15.8 0.23 255
including 408.6 410.6 2.0 0.50 2.22 7.25 64.4 0.82
including 424.9 427.3 2.4 1.60 2.59 3.16 18.0 0.52
KM-21-18A 391.4423.8 32.5 1.09 0.62 1.25 17.6 0.15 233
including 393.3 395.8 2.4 9.57 2.83 2.72 40.9 0.28
KM-21-19 377.8 378.3 0 . 53 . 3 95 . 5 9 6.83 128.0 0.63 337
KM-21-20 442.7 443.6 0 . 92 . 5 60 . 5 2 3.52 18.5 0.14 362
KM-21-20 456.0 458.1 2 . 11 . 4 90 . 3 5 0.14 6.0 0.04 370
KM-21-21 452.6 495.5 42.8 0.80 0.78 1.52 15.1 0.15 362
including 488.7 493.5 4.8 0.26 2.50 6.13 27.6 0.54
KM-21-21A 422.0 431.4 9 . 41 . 1 70 . 5 7 2.25 8.6 0.36 362
KM-21-21A 439.1 502.1 63.0 0.45 1.28 3.14 58.8 0.77 366
including 465.0 481.9 16.9 0.52 2.45 4.05 80.9 0.99
KM-21-23 394.4 401.4 7 . 00 . 3 60 . 9 3 1.94 13.5 1.17 313
KM-21-23 438.6 459.2 20.6 0.17 1.18 1.93 27.8 0.37 336
KM-21-24 501.2 592.1 90.8 0.45 1.33 3.42 44.3 0.41 470
including 501.2 521.7 20.4 1.34 1.70 6.35 113.1 0.66
including 520.9 521.7 0.8 1.75 16.50 9.55 574.0 1.22
including 575.9 592.1 16.2 0.16 2.50 6.00 44.4 0.79
including 588.7 590.4 1.7 0.47 9.98 23.70 18.2 0.13
KM-21-25 662.6 741.3 78.6 1.41 2.33 2.79 43.4 0.35 638
including 663.2 672.7 9.4 8.06 1.84 1.31 92.3 0.15
including 693.0 703.9 11.0 0.68 6.28 10.40 99.7 1.17
KM-21-25A 654.7 719.9 65.2 1.04 1.94 2.15 18.8 0.18 624
including 655.5 662.8 7.3 3.66 2.09 1.85 30.2 0.21
including 710.8 716.9 6.1 2.72 7.95 3.73 37.4 0.31
KM-21-25B 647.2 648.9 1 . 70 . 1 30 . 5 8 2.41 62.1 0.64 610
KM-21-25B 655.6 659.9 4 . 30 . 9 30 . 9 1 0.91 25.3 0.19 615
KM-21-25B 666.0 667.8 1 . 80 . 6 00 . 7 2 2.98 33.5 0.43 620
KM-21-25B 673.3 674.7 1 . 40 . 0 82 . 1 0 2.39 23.0 0.33 628
KM-21-25B 681.2 682.6 1 . 40 . 0 91 . 5 4 2.98 11.0 0.35 631
KM-21-26 506.7 582.8 76.0 0.79 1.61 4.23 32.6 0.54 480
including 511.1 526.1 14.9 0.73 1.78 9.68 43.3 0.77
including 573.8 582.8 9.0 4.02 6.06 3.32 18.2 0.19
KM-21-27 706.8 738.2 31.4 1.58 0.16 0.69 9.0 0.06 700
KM-21-27 764.4 777.4 13.0 2.85 0.48 0.17 8.4 0.02 775
KM-21-27A 666.3 769.4 103.1 0.79 1.06 1.90 35.8 0.42 678
including 666.3 687.0 20.7 3.21 1.39 1.26 19.4 0.20
including 706.4 724.6 18.3 0.69 2.69 4.70 92.2 1.21
including 752.9 763.8 11.0 0.07 1.07 4.68 95.3 0.98
KM-21-27B 665.8 762.9 97.1 1.31 1.62 3.21 31.7 0.40 660
including 702.0 723.0 21.0 0.87 4.56 9.03 81.5 1.10
including 723.0 738.2 15.2 4.97 0.36 0.42 18.7 0.05
KM-21-28 640.7 694.9 54.3 1.87 2.85 5.03 29.4 0.70 584
including 660.2 671.6 11.4 0.54 4.29 9.30 32.2 1.17
including 681.1 689.0 7.9 4.39 9.47 10.34 93.1 2.41
including 690.4 692.6 2.2 16.06 0.82 0.06 55.8 0.01
KM-21-29 393.0 393.8 0 . 80 . 4 31 . 5 4 4.92 9.0 0.21 235
KM-21-30 264.9 267.9 3 . 01 . 1 80 . 0 2 0.01 1.5 0.00 240
KM-21-32 316.4 320.0 3 . 71 . 8 41 . 2 9 2.47 38.5 0.30 185
KM-21-32 342.9 345.9 3 . 00 . 6 70 . 5 2 2.70 13.0 0.15 190
KM-21-32 358.9 368.4 9 . 40 . 6 01 . 4 7 1.99 45.7 0.35 195
KM-21-33 171.3 172.5 1 . 23 . 7 90 . 4 5 0.21 63.0 0.17 150
KM-21-34 299.3 303.9 4 . 60 . 2 91 . 6 9 0.94 46.3 0.26 205
KM-21-34 309.7 310.9 1 . 22 . 2 70 . 5 6 1.55 19.9 0.08 210
KM-21-35 609.6 615.1 5 . 50 . 9 21 . 2 6 1.71 57.7 0.02 550
including 609.6 613.0 3.4 1.39 1.69 1.98 54.0 0.01
KM-21-38 406.5 407.8 1 . 40 . 6 01 . 0 8 9.41 4.0 0.25 345
KM-21-38 467.4 476.1 8 . 70 . 0 91 . 7 3 3.87 61.1 1.22 370
including 470.0 475.2 5.2 0.12 2.44 5.68 87.5 1.79
KM-21-40 589.8 613.8 24.0 4.98 0.61 0.98 23.4 0.45 550
including 589.8 597.9 8.1 7.63 0.43 0.39 27.1 0.17
KM-21-40 627.9 680.8 52.9 0.47 2.91 3.40 35.7 0.40 590
including 641.1 648.3 7.2 1.15 7.66 8.27 88.5 0.92
including 670.3 674.1 3.8 1.53 10.89 9.47 24.6 0.61
KM-21-41 462.6 559.3 96.7 1.04 1.54 2.66 40.8 0.35 420
including 503.2 514.2 11.0 0.99 5.34 8.17 106.3 1.63
including 546.7 558.1 11.4 5.86 5.83 3.24 185.4 0.04
including 553.1 556.9 3.8 7.11 9.55 5.70 505.8 0.09
KM-21-42 803.5 810.3 6 . 90 . 0 51 . 6 0 1.58 64.3 0.35 800
KM-21-42 835.5 839.7 4 . 30 . 6 32 . 4 6 2.15 21.7 0.21 816
KM-21-42 853.7 854.7 0 . 90 . 1 11 . 6 3 2.88 28.0 0.40 846
KM-21-42A 786.7 787.6 0 . 90 . 0 33 . 6 1 2.18 17.0 0.70 781
KM-21-42A 805.4 811.1 5 . 66 . 1 70 . 9 2 0.18 39.5 0.01 802
including 807.0 808.9 2.0 10.72 0.87 0.11 61.8 0.00
KM-21-42A 840.9 877.2 36.3 0.55 0.62 1.35 10.7 0.13 848
KM-21-42B 808.0 811.2 3 . 20 . 2 92 . 0 6 5.77 63.0 0.94 790
KM-21-42B 816.9 819.9 3 . 02 . 3 10 . 6 6 1.23 16.0 0.15 810
KM-21-42B 835.5 840.8 5 . 30 . 0 20 . 7 3 2.93 13.5 0.24 828
KM-21-42C 849.2 877.4 28.2 3.81 0.47 0.29 12.5 0.09 850
including 849.2 854.7 5.5 14.57 0.66 0.16 37.5 0.03
including 863.8 869.4 5.6 2.29 1.17 0.59 13.1 0.25
including 874.8 877.4 2 . 62 . 8 30 . 2 6 0.03 7.2 0.01
KM-21-42C 886.1 889.1 3 . 00 . 8 70 . 8 8 0.50 5.2 0.05 855
KM-21-43 583.7 607.1 23.4 0.39 0.25 3.68 3.1 0.02 586
including 598.9 599.8 0.9 0.50 0.18 11.30 3.0 0.03
KM-21-43 616.0 633.1 17.1 1.81 0.17 0.14 8.2 0.03 616
including 631.2 633.1 1.8 6.30 0.61 0.09 25.0 0.01
KM-21-44 353.4 377.3 23.9 0.34 0.97 2.52 18.3 0.33 185
including 354.0 356.6 2.6 0.23 2.14 7.97 38.9 0.68
KM-21-45 459.6 463.0 3 . 40 . 3 20 . 6 2 6.63 82.3 0.87 459
KM-21-46 350.4 362.9 12.4 0.66 2.61 3.69 40.6 0.39 157
including 350.4 353.3 2.8 0.77 5.19 6.83 107.0 0.72
KM-21-47 433.9 435.9 2 . 00 . 1 61 . 8 8 9.28 138.7 2.17 432
KM-21-48 605.2 610.7 5 . 53 . 5 40 . 4 5 0.19 12.7 0.05 606
KM-21-48 630.3 634.6 4 . 31 . 1 10 . 3 4 0.69 12.7 0.11 631
KM-21-48 685.5 696.8 11.3 0.98 0.05 0.06 4.2 0.02 686
KM-21-48 715.1 718.4 3 . 42 . 0 80 . 0 4 0.03 4.3 0.00 716
KM-21-48 723.0 724.5 1 . 51 . 5 40 . 0 7 0.06 4.0 0.02 724
KM-21-48 735.5 743.6 8 . 10 . 3 40 . 6 0 1.52 9.2 0.07 737
KM-21-48A 538.0 539.5 1 . 50 . 3 11 . 1 7 2.79 29.0 0.52 538
KM-21-48A 687.9 696.9 9 . 01 . 6 40 . 3 6 0.79 7.9 0.01 688
including 687.9 688.8 0.9 0.15 1.53 5.35 5.0 0.01
including 694.9 696.0 1.1 8.36 0.80 0.10 40.0 0.03
KM-21-50 489.5 501.9 12.3 0.98 2.30 6.36 111.9 1.24 481
including 489.5 493.0 3.4 2.64 3.59 9.49 207.7 1.65
KM-21-50 509.0 562.1 53.1 0.44 0.84 1.28 35.8 0.27 501
including 538.1 545.6 7.5 0.28 1.94 2.62 112.8 0.82
KM-21-52 751.5 758.2 6 . 71 . 1 80 . 6 6 0.98 18.2 0.14 743
KM-21-52 787.5 789.6 2 . 10 . 0 41 . 2 7 1.68 28.5 0.22 777
KM-21-52A 763.7 793.1 29.4 0.25 1.12 1.36 51.6 0.47 750
including 763.7 764.9 1.2 0.38 3.01 8.69 132.0 1.68
including 771.8 774.5 2.7 1.39 2.46 4.59 116.4 1.82
including 781.5 787.6 6.1 0.31 2.63 1.64 119.5 0.65
KM-21-52A 801.3 802.5 1 . 20 . 4 20 . 9 0 1.29 82.0 0.17 789
KM-21-52A 818.8 820.2 1 . 40 . 3 91 . 6 2 1.29 188.0 0.36 805
KM-21-52A 831.2 852.4 21.2 0.05 0.91 0.80 27.2 0.29 817
including 837.0 841.6 4.6 0.03 2.16 1.34 69.0 0.79
KM-21-55 302.7 308.5 5 . 80 . 6 60 . 4 4 0.53 15.8 0.10 153
Table 3. Results of Phase 1 Drill Program at Kay Mine, Yavapai County, Arizona. The true
width of mineralization is estimated to be 50% to 99% of reported core width, with an average of
80%.
Arizona Metals Kay Mine Drill Intercepts Analyzed Grade
Vertical Depth Below Surface m Hole ID From m To m Length m Cu % Au g/t Zn % Ag g/t Pb %
KM-20-01 275.8 281.5 5 . 60 . 5 70 . 4 8 1.20 11.6 0.18 156
including 275.8 276.5 0.6 0.50 1.22 5.04 32.0 0.73
including 279.8 281.5 1.6 1.21 0.98 1.49 22.6 0.23
KM-20-02 297.8 300.8 3 . 00 . 7 70 . 2 0 0.04 1.4 0.01 172
KM-20-03 256.3 259.1 2.7 3.40 1.01 0.65 69.6 0.09 120
including 256.3 257.3 0.9 7.42 1.79 1.11 56.0 0.17
KM-20-03 292.2 292.6 0 . 52 . 4 30 . 1 9 0.15 2.0 0.04 152
KM-20-03 295.4 295.8 0 . 51 . 3 50 . 8 0 0.91 6.0 0.06 154
KM-20-03A 252.4 256.9 4 . 63 . 7 02 . 5 5 0.27 35.6 0.03 122
including 252.4 253.1 0.8 9.74 6.34 0.40 164.0 0.11
KM-20-05 266.6 269.0 2 . 46 . 4 71 . 9 4 0.57 43.3 0.14 150
including 266.6 267.8 1.2 10.60 2.21 1.05 50.0 0.26
KM-20-06 267.9 281.5 13.5 1.02 0.85 1.23 45.6 0.30 158
including 267.9 268.4 0.5 1.54 2.20 6.10 31.0 0.81
including 276.6 281.5 4.9 1.86 0.87 1.96 92.1 0.42
including 280.0 281.0 1.1 3.22 1.03 0.64 340.0 0.04
KM-20-09 588.1 588.4 0 . 30 . 9 11 . 7 4 1.86 15.0 0.40 588
KM-20-09 613.4 614.1 0 . 70 . 9 01 . 8 1 1.04 10.0 0.08 612
KM-20-09 614.6 614.9 0 . 32 . 6 40 . 3 6 0.98 19.0 0.10 613
KM-20-09 632.8 638.9 6 . 10 . 1 24 . 1 8 8.02 41.7 0.82 575
including 633.6 637.9 4.4 0.15 5.46 9.06 33.1 0.50
including 636.9 637.9 1.1 0.17 9.77 14.65 68.0 0.78
KM-20-10 563.6 568.5 4 . 92 . 3 92 . 1 6 3.27 24.9 0.31 490
including 563.6 566.6 3.0 3.66 2.42 3.16 28.2 0.32
including 567.2 568.5 1.2 0.33 2.52 5.10 28.4 0.43
KM-20-10 574.2 574.9 0 . 60 . 1 24 . 3 3 11.30 113.0 0.16 498
KM-20-10 577.7 579.3 1 . 60 . 0 30 . 7 0 4.38 45.9 0.68 500
KM-20-10 582.3 583.1 0 . 80 . 0 30 . 4 2 2.90 51.0 1.07 502
KM-20-10A 521.2 522.5 1 . 32 . 1 31 . 2 7 7.46 51.1 0.91 437
KM-20-10A 527.9 538.6 10.7 1.32 1.66 2.58 27.2 0.30 442
including 527.9 529.4 1.5 6.69 0.92 1.62 30.2 0.07
including 532.2 535.3 3.1 0.72 1.75 2.99 34.3 0.42
including 537.2 538.6 1.4 0.16 7.29 9.06 79.2 0.60
KM-20-10B 503.0 530.7 27.6 0.87 0.97 1.76 21.3 0.32 423
including 503.0 509.6 6.6 1.78 1.55 2.55 29.8 0.37
including 513.9 518.3 4.4 1.08 1.89 4.05 47.4 0.68
including 527.2 530.7 3.5 1.91 2.32 3.93 52.9 0.99
KM-20-10C 523.9 530.7 6 . 80 . 5 83 . 3 2 5.84 102.0 1.15 422
including 523.9 528.2 4.3 0.88 4.89 7.61 125.2 1.45
including 525.6 526.4 0.8 0.52 16.65 21.40 214.0 2.76