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Arizona Metals Corp Announces Metallurgical Drill Program at its Sugarloaf Peak Project in La Paz County, Arizona
Toronto, Ontario--(Newsfile Corp. - June 15, 2020) - Arizona Metals Corp. (TSXV: AMC) (the "Co...
About this update from Arizona Metals Corp
[{"type":"text","content":"Arizona Metals Corp Announces Metallurgical Drill Program at its Sugarloaf Peak Project in La Paz County, ArizonaToronto, Ontario--(Newsfile Corp. - June 15, 2020) - Arizona Metals Corp. (TSXV: AMC) (the \"Company\" or \"Arizona Metals\") is pleased to announce that on July 6th, 2020 it will commence a 1,300m drill program at its Sugarloaf Peak Project in La Paz County, Arizona. Drill core from two 150m holes will be sent to Kappes Cassiday and Associates of Reno, Nevada, to undergo bottle-roll and column testing of gold recoveries by leaching of oxide material. Samples will also be sent to ALS Minerals in Reno, Nevada for gold assay, multi-element testing, and spectral analysis to determine trace-element levels and hydrothermal alteration variations.Another two cored drill holes will be extended to depths of 450 m and 550 m to intersect a large, untested geophysical target (Figure 1) that the Company believes has the potential to host a higher grade \"feeder\" zone, that could be the source of the disseminated oxide mineralization identified at surface in the historic estimate. The locations, dips, and azimuths of the four planned holes are detailed in Table 1 below. The geophysical target is based on induced polarization (IP) data showing coincident high chargeability and high resistivity. Chargeability high anomalies often indicate the presence of sulfide minerals such as pyrite, and resistivity highs may indicate alteration minerals such as quartz. The mineralization identified to date at Sugarloaf contains both pyrite and quartz.Figure 1. Sugarloaf Peak cross section looking northwest, displaying historic drill holes and coincident high IP chargeability and high resistivity geophysical anomalies located directly below the historic estimate, and structures interpreted from resistivity. To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/5988/57881_8346ce64949d1a98_001full.jpgTable 1. Sugarloaf planned drill hole locations and orientationsTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/5988/57881_8346ce64949d1a98_002full.jpgMarc Pais, CEO of Arizona Metals Corp., commented, \"While our primary focus remains on the high-grade Kay Mine VMS project, where we have two drills turning, we believe there is significant unrecognized value in the Su...