Arizona Metals Corp · TSX:AMC

Arizona Metals — Investor Presentation (April 2023)

31 slides from Arizona Metals's investor presentation, April 2023

  1. Slide 1: Unearthing a World-Class Gold-Copper-Zinc VMS Deposit

    TSX: AMC OTCQX: AZMCF Unearthing a World-Class Gold-Copper-Zinc VMS Deposit April 2023

  2. Slide 2: Forward-Looking Statement

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Forward-Looking Statement Statements contained in this presentation that are not and Sugarloaf Peak projects will be obtained in a timely currency fluctuations; changes in environmental laws and historical facts are “forward-looking information” or “forwar

  3. Slide 3: What Distinguishes Arizona Metals?

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) What Distinguishes Arizona Metals? • Grade and Width (98.3m 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 – only 3% of prospectively mineralized horizon has been drill tested

  4. Slide 4: Management and Board of Directors

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 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 15 years of experience in financing mineral exploration, development and University.

  5. Slide 5: Capital Structure and Analyst Coverage

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Capital Structure Analyst Coverage Shares Outstanding (basic) 116 M Michael Gray Market Capitalization $500 M Bereket Berhe Options 7.6 M Warrants Nil Varun Arora Shares Outstanding (FD) 123.6 M Cole McGill Cash (Dec 31, 2022) $53 M Management and Director

  6. Slide 6: Arizona is the Leading Producer of Copper in the United States

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Arizona is the Leading Producer of Copper in the United States Fraser Institute 2020: Arizona Ranked 2nd of 77 for Investment Attractiveness Northern Vertex, Aura Minerals, Moss Gold Mine Gold Road Mine Freeport, Bagdad Mine Arizona Metals, Kay Mine Arizon

  7. Slide 7: Kay Mine Project Overview – located in prolific mining district

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Kay Mine Project Overview – located in prolific mining district • 60 past-producing underground VMS Cu- Au-Zn VMS mines within 150 km radius of Kay Mine • Phelps Dodge’s United Verde Mine (1 hour north of Kay) produced 30Mt at 5% Cu from an open pit, and 4

  8. Slide 8: Kay Mine surrounded by high-grade historic past producing VMS mines

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Kay Mine Project Overview – 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 -

  9. Slide 9: Historic Resource is 52% Precious Metals by Value at Spot Prices

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Historic Resource is 52% Precious Metals by Value at Spot Prices Kay Mine Tonnes (Mt) 5.8 Cu grade (%) 2.20% Zn grade (%) 3.03% Silver grade (g/t) 55 Gold grade (g/t) 2.81 Metal content calculated at metals prices of US$1,840/oz Au, US$24/oz Ag, US$3.50/lb

  10. Slide 10: Metallurgical Review Completed November 2020

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Metallurgical Review Completed November 2020 • Potential to produce payable copper and zinc concentrates with gold and silver credits • Low deleterious elements for clean concentrates Chalcopyrite and sphalerite mineralization • Upcoming test program will

  11. Slide 11: Acquisition of Private Land and Water Rights

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Acquisition of Private Land and Water Rights • January 2021 – announced acquisition of 107 acres of private (patented) land • Includes mineral and water rights • 7 water wells • Provides water for drilling and future development • Private land for future m

  12. Slide 12: Highlights of Phase 1 Drill Program

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Highlights of Phase 1 Drill Program Program completed in August 2020 Highlights of the first 20 core drill holes include: • KM-20-13: 43.1m grading 3.94% CuEq (incl. 15.2m of 6.7% CuEq), from a depth of 341m • KM-20-16: 38.4m grading 2.9% CuEq (incl. 12.5m

  13. Slide 13: Exxon Historic Resource Compared to AMC Drilling

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Exxon Historic Resource Compared to AMC Drilling 13 * 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

  14. Slide 14: Discovery Zone hits numerous wide intersections of high-grade

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 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 14 Kay Mine

  15. Slide 15: High-Grade Sub-Intervals

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) High-Grade Sub- Intervals: • 7.9 m of 24.8 g/t AuEq • 21 m of 12.3 g/t AuEq • 9.4 m of 18.1 g/t AuEq • 11.0 m of 14.7 g/t AuEq • 11.4 m of 10.9 g/t AuEq • 6.1 m of 15.3 g/t AuEq • 15.2 m of 9.6 g/t AuEq 15 Kay Mine cross-section looking North

  16. Slide 16: Discovery Zone Drilling Continues to hit High-Grade

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Discovery Zone Drilling Continues to hit High-Grade: 76m grading 5.8g/t AuEq, including 14.9m at 8.9g/t AuEq and 9.0m at 15.2g/t AuEq 16 Kay Mine long-section looking East

  17. Slide 17: Upcoming Kay Mine Phase Drill Program: Testing for Size and Scale

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Upcoming Kay Mine Phase 2 Drill Program: Testing for Size and Scale 391200 391500 391800 392100 392400 392700 393000 ´ Pad 4 . ! 3769900 3769900 Pad 6 3769600 3769600 . ! Kay Mine Deposit W2 . ! C1 Pad 1 . ! . ! Pad 3 1 Km . ! 320 m 3769300 3769300 . ! W1

  18. Slide 18: Drilling Underway at Central Target

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Drilling Underway at Central Target: Initial Program of 11,000 m from Pad 7 18 Only 3% of Mafic-Felsic Contact on Kay Property has been Drill-Tested

  19. Slide 19: Only 3% of Mafic-Felsic Contact on Kay Property has been Drill-Tested

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Only 3% of Mafic-Felsic Contact on Kay Property has been Drill-Tested 19

  20. Slide 20: Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF)

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 20

  21. Slide 21: Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF)

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 21

  22. Slide 22: Hole KM-22-95 north of Central Target

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Hole KM-22-95, located 600 m north of Central Target, hit 2.7 m at 0.5% CuEq 22

  23. Slide 23: Hole KM-23-104 at Western Target

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 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) 23

  24. Slide 24: Hole KM-23-104 at Western Target

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 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) 24

  25. Slide 25: Strong Community Support for Kay Mine Project Development

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) 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 ha

  26. Slide 26: Sugarloaf – Deposit Open Laterally and at Depth

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Sugarloaf – Deposit Open Laterally and at Depth 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 data compilation, re-drilling, r

  27. Slide 27: Sugarloaf Metallurgical Testing Demonstrates Excellent Gold Recoveries

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Sugarloaf Metallurgical Testing Demonstrates Excellent Gold Recoveries • Average gold recoveries of 75% in bottle roll testing • Oxide gold recoveries of up to 95% • Excellent recoveries in sulphide-rich material, indicating gold not refractory • Recoverie

  28. Slide 28: Summary

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Summary • Two 100% owned projects in mining-friendly Arizona • 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 T

  29. Slide 29: Contact

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Contact Marc Pais President & CEO 416.565.7689 mpais@arizonametalscorp.com Paul Reid Chairman 416.845.9311 preid@arizonametalscorp.com Website http://www.arizonametalscorp.com/ Twitter https://twitter.com/ArizonaCorp 29

  30. Slide 30: Appendix – Kay Mine Drill Results

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Appendix – Kay Mine Drill Results Analyzed Grade Vertical Depth Analyzed Grade Vertical Depth Hole ID From m To m Length m Cu % Au g/t Zn % Ag g/t Pb % Below Surface m Hole ID From m To m Length m Cu % Au g/t Zn % Ag g/t Pb % Below Surface m KM-21-17 429.5

  31. Slide 31: Appendix – Kay Mine Drill Results

    Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) Appendix – Kay Mine Drill Results Arizona Metals Kay Mine Drill Intercepts Analyzed Grade Vertical Depth Below Hole ID From m To m Length m Cu % Au g/t Zn % Ag g/t Pb % Surface m KM-20-01 275.8 281.5 5.6 0.57 0.48 1.20 11.6 0.18 156 including 275.8 276.5 0

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