Kay Mine Drill Holes Continue To Provide Great Results Supporting Expansion Potential

TORONTO - Arizona Metals Corp. reported on the Kay Mine Project in Arizona. Eleven new drill holes at the Kay Mine Deposit continue to demonstrate the continuity and expansion potential of the deposit. Three holes on the southern edge of the deposit have encountered zones of high-grade copper-rich (holes KM-24-143 and KM-24-139) and gold-rich (hole KM-24-137) mineralization that are open for expansion.

Hole KM-24-143 intersected 20.1 m at 3.4% copper equivalent (CuEq), including 3.2 m at 14.9% CuEq, from a vertical depth of 590 m. This hole is on the southern edge of the deposit and showed excellent continuity in the 90-m gap between holes KM-21-35 (5.5 m at 2.3% CuEq) and KM-22-79 (7.9 m at 4% CuEq). Mineralization in this area is open for expansion to the south. Hole KM-24-139 returned 38.0 m at 1.4% CuEq, including 4.4 m at 7.1% CuEq, from a vertical depth of 450 m. This hole filled in a 70-100 meter gap among previous drill holes in this area, including KM-21-50 (53.1 m at 1.5% CuEq) and KM-20-10B (27.6 m at 2.0% CuEq). Hole KM-24-137 intersected 7.9 m at 1.4 g/t AuEq, including 0.5 m at 8.0 g/t AuEq. from a vertical depth of 360 m. This hole extended mineralization 55 m south of hole KM-20-14 (39.9 m at 2.5% CuEq) in the central portion of the deposit. Mineralization is open to the south in this area.

Marc Pais, CEO, said, "These new drill results from the Kay Deposit continue to point to its expansion potential, with three holes encountering both high-grade copper-rich and gold-rich mineralization at the southern edge of the deposit. Future drill holes will target this area as part of the continuing Kay Mine resource definition program.

As disclosed in our news release of April 10th, 2024, we recently increased our land position at the Kay Project by 22% and through a rock sampling program, have identified a number of high priority exploration targets on these claims. Three newly-permitted drill pads will allow for testing of these targets as well as the northern strike extension of the Kay Deposit. Exploration drilling has commenced from pad 10 to test the first of a number of targets identified through a recently completed rock sampling program on the new claims."