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Arizona Metals Corp T.AMC

Alternate Symbol(s):  AZMCF

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.


TSX:AMC - Post by User

Post by Thisisfunstuffon Jun 02, 2024 10:56pm
223 Views
Post# 36068666

30$ Canadian

30$ Canadian
EXGeo at 80% recovery that leaves 1 mm oz Au worth 2.3 billion USD undiscounted before taxes etc etc. lets take a look at the copper value. using same 20 mm ton MRE, 2 % Cu , would give you 800 mm pounds of Cu, at 90 % recovery at $4 / pond Cu that would be $2.59 billion USD undiscounted etc etc. Au and Cu value combined is $4.89 billion USD. $300 mm to put into production leaves $4.59 billion USD. Divide that into 200 mm shares gives an undiscounted before taxes etc etc of $23 USD per share.. I think my math is correct.
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