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Arizona Metals Corp Announces Drilling at the Kay Mine South Zone Intersects Massive Sulphides in a Previously Untested Area
Toronto, Ontario--(Newsfile Corp. - June 8, 2020) - Arizona Metals Corp. (TSXV: AMC) (the "Com...
About this update from Arizona Metals Corp
[{"type":"text","content":"Arizona Metals Corp Announces Drilling at the Kay Mine South Zone Intersects Massive Sulphides in a Previously Untested AreaToronto, Ontario--(Newsfile Corp. - June 8, 2020) - Arizona Metals Corp. (TSXV: AMC) (the \"Company\" or \"Arizona Metals\") is pleased to announce that drilling at the South Zone of its Kay Mine Project, located near Black Canyon City, Arizona has intersected massive sulphide mineralization in an area previously untested by historic exploration. Arizona Metals currently has two drills turning at the Kay Mine, one in the North Zone and one in the South Zone, and is well-funded to complete and expand the Phase 1 drill program, with a cash position of $8.3 million.On June 5th, 2020, Hole KM-20-10 in the South Zone intersected massive sulphides within a 16 metre interval of alteration, starting at a downhole depth of 564m (Figure 1). Figure 1. Drill hole Number KM-20-10 and KM-20-09 in the South Zone showing massive sulphide intersections. Hole KM-20-11 is currently in progress at the North Zone. Section looking North.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/5988/57457_figure1.jpgDrill hole KM-20-10 is located approximately 40m below the 1500' level of underground exploration drifts, which was described as mineralized in historic exploration work by Exxon Minerals. This hole is also 80m above hole KM-20-09 drilled by Arizona Metals in March 2020, which intersected 6.1m of 7.8g/t AuEq (see Table 3 below).Figure 2. Drill holes KM-20-10 and KM-20-09 in the South Zone, looking downhole to the East.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/5988/57457_figure2.jpgHole KM-20-10 will be used as a trunk hole in order to wedge a number of branch holes aimed at the 1500-foot level described by Exxon, located approximately 25m above the interval announced today. Hole KM-20-11 is targeting the 1500-foot level of the North Zone, and is currently at a downhole depth of 450m, with a target depth of 550m.Figures 3 through 9 below display the core boxes containing the 16 metre (52 ft) interval of alteration, containing the sulphide intersections. The interval runs from a downhole depth of 564m (1849 ft) to 581m (1904.5 ft). Core displayed in the photographs below is currently being logged and split and will be delivered f...