Arizona Metals Corp Announces Receipt of Western Target Drill Permits; Fully Permitted and Funded for Upcoming 76,000 m Phase 3 Drill Program

Oct 31, 2022

Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) (the “Company” or “Arizona Metals”) is pleased to announce that it has received permit approval from the Bureau of Land Management (“BLM”) for two new drill pads, located approximately 1,200 metres west of the Kay Mine Deposit (pads W1 and W2 in Figure 1 below). These new pads will allow for testing of the Western Target, while also allowing for drilling of additional coincident anomalies located between the Central and Western Targets. The Central and Western Targets were previously defined based on coincident structural, geochemical, and geophysical anomalies (through extensive ground mapping, electromagnetic and gravity surveys). A bond in the amount of US$21,398 for pads W1 and W2 will be posted with the Bureau of Land Management this week. Construction of the Central Target drill road is currently underway, with drilling expected to commence in November 2022. Road construction for the Western Target will begin on confirmation of bond acceptance, with drilling expected to commence in Q1’2023.

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