Arizona Metals Corp · TSX:AMC
Arizona Metals — Investor Presentation (March 2024)
41 slides from Arizona Metals's investor presentation, March 2024
Slide 1: Unearthing a World-Class Gold-Copper-Zinc VMS Deposit
TSX: AMC / OTCQX: AZMCF Unearthing a World-Class Gold-Copper-Zinc VMS Deposit MARCH 2024
Slide 2: Forward-Looking Statement
FORWARD-LOOKING STATEMENT Statements contained in this presentation that are not Sugarloaf Peak projects will be obtained in a timely manner currency fluctuations; changes in environmental laws and historical facts are “forward-looking information” or “forward- and on acceptable terms; the continuit
Slide 3: What Distinguishes Arizona Metals?
WHAT DISTINGUISHES ARIZONA METALS? Grade and Width (93.3m at 8.3g/t AuEq in KM-22-60 and 125m at 3.2% CuEq in KM-22-57B) Polymetallic VMS – Copper, Gold, Zinc, Silver Scale Potential – less than 10% of prospectively mineralized horizon has been drill tested Location – private and BLM claims with exc
Slide 4: Executive Summary
EXECUTIVE SUMMARY • Two 100% owned projects in mining-friendly Arizona • Kay Mine & Sugarloaf Peak • Excellent infrastructure at both projects: road, power and water access • Kay Mine Phase 2 Expansion Drill Program (>75,000m) in progress • Kay Mine Phase 3 Program to test Central and Western Target
Slide 5: Spinning-Out Two New Companies to Shareholders
SPINNING-OUT TWO NEW COMPANIES TO SHAREHOLDERS Sugarloaf Gold Corp – Creating a New Pure Gold Vehicle • Sugarloaf Project has the potential to be a multi-million ounce deposit (the starting point is 1982 historic estimate of 1,500,000 ounces gold) and can stand alone as a public asset • Rrecent prel
Slide 6: Management and Board of Directors
MANAGEMENT AND BOARD OF DIRECTORS Marc Pais, President and CEO, Director Paul Reid MBA, Executive Chairman B.Sc. Geological Engineering (Mineral Exploration) from Queen’s 20+ years of experience in financing mineral exploration, development University. Founder and former President of Telegraph Gold
Slide 7: Arizona Metals Market Snapshot
ARIZONA METALS MARKET SNAPSHOT CAPITAL STRUCTURE ANALYST COVERAGE SHARES OUTSTANDING (BASIC) 116 M BEREKET BERHE MARKET CAPITALIZATION $210 M VARUN ARORA OPTIONS 7.6 M COLE MCGILL WARRANTS Nil RABI NIZAMI SHARES OUTSTANDING (FD) 123.6 M ERIC WINMILL CASH (SEPT. 30, 2023) $40 M RENE CARTIER MANAGEMEN
Slide 8: Arizona: The Leading Producer of Copper in the US
ARIZONA: THE LEADING PRODUCER OF COPPER IN THE US1 ARIZONA RANKED 7TH OF 62 FOR INVESTMENT ATTRACTIVENESS - FRASER INSTITUTE 20222 Northern Vertex, Moss Gold Mine Aura Minerals, Gold Road Mine Freeport, Bagdad Mine Arizona Gold, Arizona Metals, Kay Mine Copperstone Mine Capstone, Arizona Metals, Pin
Slide 9: Surrounded by High-Grade Historic Past Producing VMS Mines
SURROUNDED BY HIGH-GRADE HISTORIC PAST PRODUCING VMS MINES United Verde: Produced 30Mt at 4.8% copper produced by Phelps Dodge Extension: Blind discovery underground that produced 3.5 Mt at 10.2% Cu, 1.3 g/t Au, 58 g/t Ag 1884 - 1975 Old Dick Mine: Produced 1.35Mt at 3.5% Cu, 12% Zn, 0.7g/t Au Iron
Slide 10: Kay Mine Project Overview
KAY MINE PROJECT OVERVIEW LOCATED IN PROLIFIC MINING DISTRICT KAY MINE DEPOSIT VALUE BY METAL 60 past-producing underground VMS1 Cu-Au-Zn VMS Historic resource is 52% mines within 150 km radius of Kay Mine 9% precious metals by value at spot prices Phelps Dodge’s United Verde Mine (1 hour north of K
Slide 11: Kay Mine Key Milestones
KAY MINE KEY MILESTONES Phase 1 Drill Program Highlights Preliminary Metallurgical Review Completed KM-20-13: 43.1m grading 3.94% CuEq (incl. 15.2m Potential to produce payable copper and zinc of 6.7% CuEq), from a depth of 341m concentrates with gold and silver credits KM-20-16: 38.4m grading 2.9%
Slide 12: Kay Mine Key Milestones: Land and Water Rights
KAY MINE KEY MILESTONES Acquisition of Private Land and Water Rights August 2023- Announced the acquisition of 46 acres of private land Includes mineral and water rights Provides water for drilling and future development Private land for future mine infrastructure No royalties Arizona Metals Corp. (
Slide 13: Kay Mine Key Milestones: Phase 2 Drill Program
KAY MINE KEY MILESTONES Phase 2 Drill Program Commenced Drilling underway at central target – initial program of 11,000M from Pad 7 Only 3% of Mafic-Felsic contact on Kay Property has been drill-tested Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 13
Slide 14: Kay Mine Key Milestones Cont'd
KAY MINE KEY MILESTONES CONT’D Permits Received to Commence Phase 3 Drill Program Kay Mine Metallurgical Testing Ongoing Testing Central and Western Targets (76,000m) C Continued Resource Drilling Hole KM-22-95, located 600m N of Central Target, hit 2.7m at 0.5% CuEq Test work underway includes bond
Slide 15: Kay Mine Discovery Zone
KAY MINE DISCOVERY ZONE Discovery Zone Hits Numerous Wide Intersections of High-Grade • 79 m of 7.0 g/t AuEq • 54 m of 9.4 g/t AuEq • 97 m of 6.1g/t AuEq • 103 m of 4.1g/t AuEq • 76 m of 5.8 g/t AuEq • 65 m of 5.2 g/t AuEq • 63 m of 4.8t/t AuEq • 91m of 4.7g/t AuEq Discovery Zone Drilling Continues
Slide 16: Kay Mine Discovery Zone Cont'd
KAY MINE DISCOVERY ZONE CONT’D Discovery Zone Hits Numerous Wide Intersections of High-Grade • 79 m of 7.0 g/t AuEq • 54 m of 9.4 g/t AuEq • 97 m of 6.1g/t AuEq • 103 m of 4.1g/t AuEq • 76 m of 5.8 g/t AuEq • 65 m of 5.2 g/t AuEq • 63 m of 4.8t/t AuEq • 91m of 4.7g/t AuEq Discovery Zone Drilling Con
Slide 17: New High-Grade Zones
NEW HIGH-GRADE ZONES Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 17
Slide 18: Priority Exploration Targets
PRIORITY EXPLORATION TARGETS Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 18
Slide 19: Exploration Highlights
EXPLORATION HIGHLIGHTS Drill hole KM-23-113 intersected 3.0 m grading 3.0 g/t Au, 1.3% Zn, and 17 g/t Ag (3.2 g/t AuEq, after recoveries), including 0.9 m at 9.2 g/t Au, 3.4% Zn, and 45 g/t Ag (9.4 g/t AuEq, after recoveries) Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 19
Slide 20: Exploration Highlights: Western Target
EXPLORATION HIGHLIGHTS Hole KM-23-104, at Western Target, Intersected 63 m of sulphide mineralization, Ending in 16 m of stringers to semi-massive sulphides (including visible sphalerite and chalcopyrite) Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 20
Slide 21: Exploration Highlights: Western Target
EXPLORATION HIGHLIGHTS Hole KM-23-104, at Western Target, Intersected 63 m of sulphide mineralization, Ending in 16 m of stringers to semi-massive sulphides (including visible sphalerite and chalcopyrite) Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 21
Slide 22: Western Target Exploration Highlights
WESTERN TARGET EXPLORATION HIGHLIGHTS Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 22
Slide 23: Property-Wide Exploration Targets
PROPERTY-WIDE EXPLORATION TARGETS Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 23
Slide 24: Strong Community Support for Kay Mine Project Development
STRONG COMMUNITY SUPPORT FOR KAY MINE PROJECT DEVELOPMENT “Arizona Metals Corp. is the kind of company and operation we want to see in rural Arizona. When you combine this thoughtful approach to doing things the right way with the potential this project has to ultimately create hundreds of jobs and
Slide 25: Sugarloaf Metallurgical: High Recoveries of Oxide and Sulphide Mineralization
SUGARLOAF METALLURGICAL HIGH RECOVERIES OF BOTH OXIDE & MINERLIZATION • Oxide gold recoveries of up to 95% • Historic resource drilled to only 70 m depth; of 1.5Moz at a grade of 0.5g/t • Sulphide recoveries of up to 85% • AMC drilling encountered sulphide gold below 500 m depth • Recoveries and rea
Slide 26: Sugarloaf: Deposit Open Laterally and at Depth
SUGARLOAF – DEPOSIT OPEN LATERALY & AT DEPTH The Sugarloaf deposit has an historic resource of 1.5Moz at a grade of 0.5g/t HISTORIC ESTIMATE * The historical estimates for the Kay Mine and Sugarloaf Peak Projects predate and are unclassified and not compliant with NI 43-101 guidelines. Significant d
Slide 27: Sugarloaf
SUGARLOAF The Sugarloaf deposit has an historic resource of 1.5Moz at a grade of 0.5g/t * The historical estimates for the Kay Mine and Sugarloaf Peak Projects predate and are unclassified and not compliant with NI 43-101 guidelines. Significant data compilation, re-drilling, re-sampling and data ve
Slide 28: Contact Information
CONTACT INFORMATION PAUL REID Executive Chairman MARC PAIS President & CEO 416.845.9311 416.565.7689 preid@arizonametalscorp.com mpais@arizonametalscorp.com TWITTER MORGAN KNOWLES VP Investor Relations https://twitter.com/ArizonaCorp 647.202.3904 mknowles@arizonametalscorp.com WEBSITE http://www.ari
Slide 29: Appendix
APPENDIX Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF)
Slide 30: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent Metal Equivalent 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% Cu eq % Au eq g/t Zn 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
Slide 31: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent Metal Equivalent 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% Cu eq % Au eq g/t Zn eq% 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
Slide 32: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent Metal Equivalent 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% Cu eq % Au eq g/t Zn eq% 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
Slide 33: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent Metal Equivalent 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% Cu eq % Au eq g/t Zn eq% 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 69
Slide 34: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent Metal Equivalent 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% Cu eq % Au eq g/t Zn eq% 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
Slide 35: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent Metal Equivalent 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% Cu eq % Au eq g/t Zn eq% 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 6
Slide 36: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent Metal Equivalent 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% Cu eq % Au eq g/t Zn eq% 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 34
Slide 37: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent Metal Equivalent 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% Cu eq % Au eq g/t Zn eq% 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 2
Slide 38: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent Metal Equivalent 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% Cu eq % Au eq g/t Zn eq% 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
Slide 39: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent 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 includi
Slide 40: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent 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-20-10A 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 incl
Slide 41: Appendix – Kay Mine Drilling Results
APPENDIX – KAY MINE DRILLING RESULTS Analyzed Grade Analyzed Metal Equivalent 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-20-15 506.8 510.1 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 includ