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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 templetooth2on Sep 11, 2024 8:04pm
173 Views
Post# 36219547

Beaver Creek presentation

Beaver Creek presentationI think it was about last November that AMC submitted their plan of operations to the BLM or whatever fed. agency is the authority here. At the time, the company advised that approval of these new drilling pads should take about a year, probably a bit less.

Today's presentation tells us to expect approval in 6-9 months. Likely in Q1 2025.

Elsewhere in the presentation, in response to a question, the new guy (presumably the CEO - he didn't introduce himself) thought that the approval time for the plan of operations for an actual mine would be 3-4 years. I assume that's 3-4 years after submitting detailed plans for said mine.

Bottom line, this project is a LONG WAY in the future. I thought it interesting that the Contango ORE guy said very definitely that they avoided federal land - just too much of a headache.
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