Arizona Metals targets maiden resource at VMS project CanadiansInvest
-TSXV] on Monday announced the latest drilling results from its 100%-owned Kay Mine Volcanogenic Massive Sulphide copper-gold project in Arizona.
The company said it plans to complete all priority targets before finalizing a maiden resource estimate. “The high-grade copper and gold results reported today continue to demonstrate the expansion-potential of the Kay Mine Deposit, which we believe is part of a much larger property-wide mineralized system,’’ said Arizona Metals CEO Marc Pais.
As reported by Exxon Minerals in 1982, the property contains a historic resource of 5.8 million tons, grading 2.8 g/t gold, 2.2% copper, 3.03% zinc, 55 g/t silver. The bulk of the historic estimate defined by Exxon lies at a depth of 150 metres to 450 metres.
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