New High-Priority Kay Mine Targets Identified

TORONTO  - Arizona Metals Corp. reported that a recently completed review of structural and spectral alteration data from the highly successful Kay Mine Phase 1 drill program (which encountered massive sulphides in 19 of 20 holes) has further improved the understanding of the geological model of the Kay Deposit, and has identified a number of new high-priority drill targets. The company has contracted Boart Longyear to mobilize the first drill to the Kay Mine project. Drilling under the fully-funded Phase 2 program will consist of up to 11,000 m in 29 core drill holes. Drilling will start at the Kay Mine deposit to test for new VMS lenses in anticlinal hinge zones identified to the north and south of recent drilling, as well as the up-plunge and down-plunge extensions of known hinges.

Drilling will begin at the Kay Mine targets and progress to targets on strike (north and south) of the Kay Mine, and then to Central and Western targets as permitting is completed. Permitting is currently underway for these targets and is progressing well. Kay Mine Deposit Proposed Exploration Targets: Targets 1 and 2: up-plunge and down-plunge along the South Zone anticline hinge; Targets 3 and 4: up-plunge and down-plunge along North Zone anticline hinge; Targets 5: on the fold limb and synclinal hinge between the North and South zones; a and Target 6: on the southern continuation of hanging wall-footwall horizon; Target 7: on the western limb of the North Zone Anticline; Target 8: on the northern continuation of the hanging wall-footwall horizon.