Mr. Marc Pais reports
ARIZONA METALS CORP REVISED CORPORATE PRESENTATION
As a result of a review by staff of the Ontario Securities Commission, Arizona Metals Corp. is issuing the following news release regarding the company's technical disclosure.
The company announces that it has revised its corporate presentation to remove all comparisons of the Kay mine and Sugarloaf Peak projects with deposits or operating mines with current mineral resources or reserves. The company has consistently disclosed historical estimates for the Kay mine and the Sugarloaf Peak projects in compliance with Section 2.4 of National Instrument 43-101 (Standards of Disclosure for Mineral Projects), including the required cautionary statements; however, in its revised corporate presentation, the company has removed all comparisons with deposits or operating mines with current mineral resources or reserves. The company has also included in the revised presentation the name and relationship of the qualified person who prepared or approved the technical disclosure. The revised corporate presentation is now available on the company's website.
About Arizona Metals Corp.
Arizona Metals owns 100 per cent of the Kay mine property in Yavapai county, which is located on a combination of patented and BLM (Bureau of Land Management) claims totalling 1,300 acres that are not subject to any royalties. A qualified person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.
The company also owns 100 per cent of the Sugarloaf Peak property, in La Paz county, which is located on 4,400 acres of BLM claims.
The qualified person who reviewed and approved the technical disclosure in this release is David Smith, CPG.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.