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Arizona Metals' Final Sugarloaf Peak Drill Results Demonstrate Robust Expansion and Continuity
benzinga113d ago

Arizona Metals' Final Sugarloaf Peak Drill Results Demonstrate Robust Expansion and Continuity

/NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES/TORONTO, March 2, 2026 /CNW/ - Arizona Metals Corp. (TSX:AMC) (OTCQX:AZMCF) (the "Company" or "Arizona Metals") is pleased to announce the third and final round of results from its 2025 reverse-circulation drill program on the Company's Sugarloaf Peak Gold Project (the "Sugarloaf Peak Project") in Arizona, which returned the highest gold grade on the project to date. Consistent with previous results from the Company's 2025 drill program, these final drill results expand the deposit and they confirm excellent continuity of mineralization within an increasingly large gold deposit. Highlights of the drilling include:SP-25-28: 91.4 m @ 0.69 g/t Au, including 1.5 m @ 25.5 g/t Au, the highest gold grade on the property to date (including surface samples). This hole, along with hole 29, extended mineralization approximately 80 m to the south in a previously undrilled area (Figure 1). Hole 28 also intersected 57.9 m @ 0.29 g/t Au and 18.3 m @ 0.39 g/t Au (Table 1).SP-25-29: 123.4 m @ 0.31 g/t Au. This hole intersected a large thickness of mineralization starting at surface in a previously untested area on the southern margin of the deposit. Holes 29 and 28 (collared at the same location) show outstanding potential for continued expansion of the deposit laterally to the south/southwest and along strike to the southeast.SP-25-26: 56.4 m @ 0.43 g/t Au. Hole 26 tested a 270 x 340 m gap in the eastern end of the deposit and intersected thick mineralization, reinforcing the excellent continuity of mineralization at Sugarloaf Peak.All six of the final drill holes intersected mineralization, growing the deposit laterally and reinforcing the strong continuity of mineralization on the project. The total drilling to date on the project, in 2025 and 2026, comprises 5,186 m drilled in 25 reverse-circulation drill holes.Duncan Middlemiss, President and CEO of Arizona Metals commented: "We are very encouraged with these results from our 2025 drill program at Sugarloaf Peak. This has been the most successful drill campaign on the project to date, intersecting mineralization in 22 out of 25 holes, and showing significant expansion upside and excellent continuity of an already large gold deposit that crops out at surface. The Company's drilling shows Sugarloaf to be a robust gold deposit, and we look forward to further developing its value."Additional drill results are as follows:SP-25-24: 24.4 m @ 0.23 g/t Au and 30.5 m @ 0.32 g/t Au. This is an infill hole in a 225 x 475-m gap in the northwestern part of the deposit. SP-25-27: 51.8 m @ 0.30 g/t Au and 27.4 m @ 0.34 g/t Au. Hole 27 intersected thick mineralization in a 340 x 360-m gap in the eastern end of the deposit.The Company is currently conducting a comprehensive exploration synthesis consisting of 990 surface rock samples for multi-element geochemistry; IP-resistivity geophysics and airborne magnetic and radiometric geophysics; an airborne hyperspectral survey; geologic reviews of previous mapping, drill core, and drill cuttings; AI targeting studies; and a thorough integration of historical data. The intent of this exploration program is to integrate new modern geochemical, geophysical, and geologic data with historical data in order to comprehensively target drilling for expanded deposit size and higher gold grades.Table 1. Results of the drill program at the Sugarloaf Peak Project, La Paz County, Arizona, announced in this news release, including the depth of oxidized mineralization encountered in each hole.The true width of mineralization has not been determined at this time.Full story available on Benzinga.com

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bitcoinworld113d ago

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