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Arizona Metals Corp Identifies New High-Priority Kay Mine Targets; Drilling to Commence January 2021

TORONTO (BUSINESS WIRE) Arizona Metals Corp. (TSXV:AMC, OTCQB:AZMCF) (the “Company” or “Arizona Metals”) announces 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. Drill Mobilization for Kay Phase 2 Program Arizona Metals has contracted Boart Longyear to mobilize the first drill to the Kay Mine project on January 4th, 2021. 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 (Figure 1).

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