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Arizona Metals raising $15M to triple Kay Mine drilling to 75,000 metres northernminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernminer.com Daily Mail and Mail on Sunday newspapers.
Arizona Metals raising $15M to triple Kay Mine drilling to 75,000 metres - Canadian Mining Journal canadianminingjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canadianminingjournal.com Daily Mail and Mail on Sunday newspapers.
Arizona Metals raising C$15m to triple Kay Mine drilling Looking northeast at drill rigs at Arizona Metals’ Kay mine project, Yavapai County, Arizona. Photo Credit: Arizona Metals Toronto-based Arizona Metals (TSXV: AMC) has entered into an agreement with a syndicate of underwriters, led by Stifel GMP and Clarus Securities, to raise C$15 million. These funds are expected to allow the Arizona-focused explorer to triple its Kay Mine phase 2 expansion drill program that is ongoing to 75,000 metres, from 25,000 metres. The underwriters have agreed to purchase 7.15 million special warrants at C$2.1 each, on a bought deal private placement basis with the option to purchase up to an additional 1.1 million warrants before 48 hours of the deal closing. ....
/PRNewswire/ Arizona Metals Corp (TSXV:AMC, OTCQX:AZMCF), based in Arizona, focused on copper and gold exploration, today announced that Marc Pais,. ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Arizona Metals Corp Announces Second Drill Rig Added to Kay Mine; Key Local Support Reaffirmed for Kay Mine Development February 8, 2021 GMT TORONTO (BUSINESS WIRE) Feb 8, 2021 Arizona Metals Corp. (TSXV:AMC, OTCQB:AZMCF) (the “Company” or “Arizona Metals”) announces that a second drill rig was mobilized to the Kay Mine property on Wednesday, February 3 rd, 2021 and will start turning today (Figure 1). This addition will accelerate drilling under the fully-funded Phase 2 program, which will consist of a minimum of 11,000 m in 29 core drill holes. This expansion drill program will 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 2). Drilling will begin at the Kay Mine targets and progress to targets on strike (north and south) of the Ka ....