Arizona Metals Corp T.AMC

Alternate Symbol(s): AZMCF

Metals & Mining Industrial Metals & Minerals

Arizona Metals Corp. is a Canada-based mineral exploration company. The Company is focused on the exploration and development of mineral resource properties in Arizona. The Company, through its wholly owned subsidiaries, owns 100% of the Kay Mine Project (the Kay Mine Project), located in Yavapai County, Arizona, United States, and 100% of the Sugarloaf Peak Gold Project (the Sugarloaf Peak Project) located in La Paz County, Arizona, United States. The Kay Mine Property in Yavapai County, which is located on a combination patented and BLM claims totaling 1,665 acres and 193 acres of private land. The Sugarloaf Peak Property, in La Paz County, which is located on 4,400 acres of BLM claims. Sugarloaf is a heap-leach, open-pit target. The Company also owns 100% of an Arizona State Land parcel totaling 40 acres (the Property), located 400 meters northeast of its Kay Mine property. Its wholly owned subsidiary is Croesus Gold USA Corp.

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Arizona Metals Corp > analysis

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Comment by Thisisfunstuffon May 29, 2022 6:25am

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Post# 34715163

RE:RE:analysis

Two high priority targets exist to the west of Kay, with strongly similar surficial geochemical and geophysical signatures to Kay. AMC is in the process of proving up its ‘accordion folding thesis’, which intimates that mineralization at Kay is repeated at these two targets. Target Price Methodology/Risks Applying a 0.75x multiple to reflect the pre resource, predevelopment risk of both Kay and Sugarloaf to our corporate NAV, we arrive at a target price of C$7.50/sh. RISKS Market risk/gold price

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