Arizona Metals: Deutsche Goldmesse Spring 2024 Presentation

Investor webinar replay

Replay transcript excerpt

♪♪ Well, thank you, Kai, for that intro. This is our first time at this conference. It's been really nice to meet some current shareholders here today already, and hopefully some new shareholders. To give you some background, Arizona Metals was listed about 4 years ago. We have 2 projects in Arizona. Our focus is our K mine, which is a high-grade copper gold zinc VMS deposit. And we have a second project called Sugarloaf Peak, which I'll give some overview on. The key for K is this is an extremely wide, high-grade VMS-type deposit, a gold-rich deposit of which there are not many left, and you can see some of the widths we have. The deposit is a mixture of gold-rich and copper-rich material. In some of the gold zones, we're getting up to 90 meters running 8 grams gold equivalent, and that's after assumed recoveries. In the copper-rich zones, we're seeing 125 meters running over 3% copper equivalent. In a typical VMS deposit, your minimum mining width might be something like 3 meters at a grade of 1%, a cutoff grade of 1%. We're seeing many multiples of both the width and the grade. True width of these valleys is around 80%. And if you take 80, I'll show you some of the zones, but at these kind of widths, there's the potential for extremely low cost bulk underground mining. And because it is a high grade deposit, we also see potential for low capital costs. And I'll show you the plan of where we are and how we plan to get there. We'll go through some of our land position. We are currently very well funded. We've got 27 million Canadian in cash. This number here is as of December. Fully funded for the next 12 months, we've got about a $13 million budget. And that'll be primarily to take our K deposit to a resource and move to the feasibility stage. But we also have a si...