Investor Overview

Why Invest ?

Arizona Metals Corp. is a premier mineral exploration company focused on advancing two 100%-owned, high-potential projects in Arizona, USA—the Kay Mine Project in Yavapai County and the Sugarloaf Peak Gold Project in La Paz County. Both projects are situated in mining-friendly jurisdictions with excellent infrastructure, providing a strong foundation for exploration success. The Kay Mine Project hosts hosts a high-grade VMS deposit with excellent mineral resource grades, while Sugarloaf Peak is a large-scale, heap-leach gold target with a historic resource estimate of 1.5 million ounces of gold at 0.5 g/t Au. Although this historic estimate is not yet compliant with NI 43-101 standards, ongoing drilling and verification efforts present a significant opportunity for resource expansion. Arizona Metals is led by an experienced management team with a track record of success in mineral exploration, project development, and capital markets, positioning the company for growth and shareholder value creation.

Arizona Metals Corp. is advancing gold and base metal exploration in Arizona, a top-tier mining jurisdiction with a rich history of high-grade discoveries. With 100% ownership of the Kay Mine Project and Sugarloaf Peak Project, the company is actively expanding its high-grade VMS and bulk-tonnage gold resources through ongoing exploration and drilling.

Investment Highlights

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Arizona Metals Corp. holds a 100% interest in both the Kay Mine Project and Sugarloaf Peak Project, two highly prospective assets located in mining-friendly Arizona, with excellent infrastructure and access to skilled labor.

Two High-Potential, 100%-Owned Projects

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Arizona Metals Corp. has two projects with resources: Kay Mine, a high-grade VMS deposit (9.28 million tonnes @ 3.18% CuEq in the Indicated category), and Sugarloaf Peak, hosting a historic resource of 1.5 million ounces of oxide gold. Both projects remain open for expansion, with drilling targeting deeper and lateral extensions.

Significant Resource Growth Potential

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The company has a solid cash position, no debt, and strong institutional and retail backing. Analyst coverage from multiple investment banks highlights Arizona Metals as a compelling exploration investment.

Strong Financial Position & Capital Markets Support

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The management and technical team have extensive experience in mineral exploration, resource development, and capital markets, having successfully advanced projects from discovery to development in multiple jurisdictions worldwide.

Proven Leadership & Exploration Success

Download Our Corporate Presentation

Get an in-depth look at Arizona Metals Corp.’s corporate strategy, exploration expertise, and high-potential projects. Download our corporate presentation to learn more about the Kay Mine and Sugarloaf Peak Projects and the company’s path to unlocking significant resource growth. Join our mailing list to receive the latest company updates, press releases, and investor news directly to your inbox.

Capital Structure

As at March 3rd, 2025


136.7 M 5.25 M Nil 141.95 M $30.0 M $27.07 M
Shares Outstanding Options/RSU's Warrants Shares Fully Diluted Cash (March 30, 2025) Recent Financing @ $1.70

TSX: AMC

TSX: AMC

Analyst Coverage

Investment firms and equity analysts listed below provide research reports on Arizona Metals Corp.

Firm

Analyst

Phone

Email

Beacon Securities

Bereket Berhe

(416) 507 3978

BMO Capital Markets

Rene Cartier

(416) 359 5011

National Bank of Canada

Rabi Nizami, P.Geo

(416) 869 7925

Scotiabank

Eric Winmill, MFin, CFA

(416) 862 3738

Stifel Canada

Cole McGill

(416) 400 7241

News and Updates

Get the latest news and updates from the Arizona Metals Corp. (TSX: AMC)

September 15, 2025
Toronto, September 15, 2025 – Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) (the “ Company ” or “ Arizona Metals ”) is pleased to announce that Pamela L. Saxton has agreed to join its board of directors (the “ Board ”), with her appointment to take effect on September 17, 2025. Ms. Saxton brings more than 35 years of senior leadership and board experience in the mining and natural resources sectors. She currently serves on the boards of Bunker Hill Mining Corporation and Rare Element Resources Ltd. and has previously served as a director of Aquila Resources Inc. and Pershing Gold Corporation. Her executive management experience includes serving as Executive Vice President and Chief Financial Officer of Thompson Creek Metals Company, CFO of NewWest Gold Corporation, and Vice President of Finance for Franco-Nevada’s U.S. Operations. Trained as an accountant with Arthur Andersen & Company, Ms. Saxton has a proven record of financial governance, capital markets expertise, and value creation within the U.S. mining sector. She holds a B.Sc. in Accounting from the University of Colorado, Boulder, and is based in Denver, Colorado. Ms. Saxton is being appointed to the Board to fill a vacancy created by the departure of three of the Company’s independent directors. Michael Pilmer, Katherine Arnold, and Rosa Espinoza have each tendered their resignation from the Company’s Board of Directors to be effective September 17, 2025. Mr. Pilmer, Ms. Arnold and Ms. Espinoza were not re-elected by shareholders of the Corporation at the annual meeting of shareholders of the Company which concluded on June 26, 2025 (the “ Shareholder Meeting ”), however, as permitted by Canada Business Corporations Act,each graciously agreed to remain on the Board for a period following the Shareholder Meeting in order to facilitate an orderly transition and good corporate governance while the Company searched for and identified a qualified and suitable replacement director candidate. Arizona Metals wishes to thank Mr. Pilmer, Ms. Arnold, and Ms. Espinoza for their significant contributions and dedicated service to the Company. Duncan Middlemiss, President and CEO of Arizona Metals commented: “On behalf of the Company and the Board, I am very pleased to welcome Pam Saxton as an independent director. Pam’s extensive financial leadership and board experience in the mining sector will provide valuable insight and strengthen our governance as we advance our projects. I would also like to sincerely thank Mike, Katherine, and Rosa for their important contributions and commitment during their tenure with Arizona Metals.” Drill Results Arizona Metals is also pleased to announce assay results from one drill hole in the Kay2 Zone and four drill holes on the Kay North Extension at the Kay project in Arizona. In the Kay2 Zone within the Kay Deposit, KM-25-177A intersected 4.3 m @ 2.6% CuEq (Table 1, Figure 1). This extends mineralization 280 m below the previous deepest drill intercept on the property (KM-24-173, 2.4 m @ 2.7% CuEq), and brings the total down-dip length of drilled mineralization on the project to approximately 1,350 m. Drilling along the Kay North Extension target has extended drilled mineralization approximately 440 m to the north, demonstrating continuity of the Kay mineralized horizon in this direction (Table 1, Figure 2, Figure 3). Results from this drilling include 0.6 m @ 4.8% CuEq in KM-25-185 and 0.3 m @ 3.2% CuEq. Although narrow, these and other intercepts shown in Table 1 demonstrate a consistent horizon of mineralization stretching north from the Kay Deposit. Additional holes in this area intersected anomalous Cu, Zn, and Au along this same horizon and several other parallel horizons. Duncan Middlemiss, President and CEO of the Company, comments: “We are excited that these new drill results demonstrate depth potential in the Kay Deposit as well as on-strike potential to the north. Both are encouraging for expansion of the Kay Deposit and for our exploration efforts on targets outside the currently known Kay Deposit.” Additionally, 5,000 m of reverse circulation drilling is planned at the Company’s Sugarloaf Peak Gold Project (the “Sugarloaf Peak Project”) in La Paz County, Arizona. Drilling and road contractors have been chosen for the project and road crews have been mobilized. The geology team is ready and drilling is expected to begin in mid-September. As previously stated, the Company is executing on all of its previously-stated goals for 2025 and looks forward to continuing the development of the Company’s strong assets.
August 14, 2025
Toronto, August 14, 2025 – Arizona Metals Corp. (TSX: AMC, OTCQX: AZMCF) (the “Company” or “Arizona Metals”) is pleased to announce that, further to its news release dated June 30, 2025, the Company has filed the independent technical report supporting the first ever mineral resource estimate in respect of the Company’s Kay Mine Project. The technical report, titled “Technical Report On The Mineral Resource Estimate for the Kay Deposit Cu-Au-Zn-Pb-Ag Project, Yavapai County Arizona, USA,” has been filed on SEDAR+ in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). The technical report is dated August 14, 2025, with an effective date of June 17, 2025, and was authored by Allan Armitage, PhD, P.Geo., and Ben Eggers, MAIF, P.Geo., of SGS Geological Services (“SGS”) and Shaohai (Sam) Yu, P.Met, of SGS Bateman (“SGS”), each of whom is an independent Qualified Person as defined in NI 43-101. A copy of the technical report is available under the Company’s profile on SEDAR+ at www.sedarplus.com
June 30, 2025
Toronto, June 30, 2025 – Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) (the “Company” or “Arizona Metals”) is pleased to announce an initial Mineral Resource Estimate (“MRE”) for its 100% owned Kay Mine Project (the “Kay Project”) located in Yavapai County, Arizona. Highlights of the Kay Project MRE are as follows:  The underground MRE includes 9.28 million tonnes grading 1.39 g/t Au, 27.6 g/t Ag, 0.97% Cu, 0.33% Pb, and 2.39% Zn in the Indicated category, and 0.86 million tonnes grading 1.06 g/t Au, 15.4 g/t Ag, 0.87% Cu, 0.20% Pb, and 1.68% Zn in the Inferred category, at a base-case cut-off grade of 1.00% CuEq. Copper equivalent MRE grades are 9.28 million tonnes @ 3.18% CuEq in the Indicated category and 0.86 million tonnes @ 2.44% CuEq in the Inferred category. Quality Asset: High grade, with good geometry and continuity suitable for bulk underground mining methods. Camp Potential: The initial MRE sits within less than 5% of the 10-km long strike of folded prospective host rocks in the Kay Project. Infill Potential: This initial MRE has clear potential to expand between existing drill holes within the deposit, and to upgrade Inferred resource. Expansion Potential: The deposit remains open for expansion beyond this initial MRE both along strike and at depth. Continued Advancement: Following the completion of additional metallurgical testwork, a preliminary economic assessment (“PEA”) is planned for release in the second half of 2025. The Company is delivering and executing on all of its previously stated goals for 2025 and looks forward to continuing the development of the Company’s strong assets. Duncan Middlemiss, President and CEO of Arizona Metals, comments: “The release of our initial Mineral Resource Estimate marks a major milestone for Arizona Metals and validates not only the scale, but more importantly, the quality of the Kay Project. With over 650 million pounds of copper equivalent in the Indicated category alone—and with the deposit remaining open in multiple directions—we see significant opportunity for expansion through continued drilling. We believe this resource represents just the beginning. With a strong treasury and a PEA on track for release later this year, we’re excited to advance the Kay Project toward becoming one of the top undeveloped VMS projects in the U.S.” Table 1. Kay Mine Property Underground Mineral Resource Estimate at a Base-case Cut-off Grade of 1.00% CuEq, June 17, 2025
June 26, 2025
Toronto, June 26, 2025 – Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) (the “Company” or “Arizona Metals”) today announced the voting results of the annual and special meeting of shareholders of the Company convened and adjourned on June 18, 2025 and concluded today (the “Meeting”). Results of the Meeting The results of the vote in respect of the election of directors of the Company are set out below.
June 24, 2025
Toronto, June 24, 2025 – Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) (the “Company” or “Arizona Metals”) is pleased to announce assay results from one drill hole in the Kay2 Zone at the Kay Project in Arizona. Drill hole KM-25-181 intersected 29.6 m @ 10.7 g/t AuEq, including 13.6 m @ 17.8 g/t AuEq (Figure 1, Table 1). Drill hole 181 is among the most gold-rich holes drilled in the deposit to date and includes the project’s third-highest gold assay from drilling: 35.8 g/t Au (756.2–757.1 m). The hole is located approximately 90 m below, and deeper in the deposit than, hole KM-24-166, the discovery hole in the Kay2 Zone. This is a significant intercept and will be incorporated in the upcoming Mineral Resource Estimate (“MRE”). Duncan Middlemiss, President and CEO of Arizona Metals, comments: “The high gold grades in the Kay2 Zone continue to indicate a robust mineralized system at Kay and illustrate additional potential for the Kay2 Zone to add value to the overall deposit. Results from hole 181 will be included in the upcoming mineral resource estimate for the Kay project, which remains on track for release this month.” To date, drilling in the Kay2 Zone has demonstrated dimensions of 100 m along strike and 160 m vertically, with consistently high gold grades throughout. The Kay2 Zone is located approximately 100 m north of previously drilled mineralization in the Kay deposit. With the completion of recent drill holes, Arizona Metals has drilled a total of 135,000 meters on the property. The Company is fully funded and on track to deliver a Mineral Resource Estimate this month, followed by a Preliminary Economic Assessment (“PEA”) in the second half of 2025, for its Kay Mine Project (the “Kay Project”) located in Yavapai County, Arizona. G Mining Services Inc. (“G Mining”) has been engaged to audit the MRE and complete the PEA. The current phase of resource drilling is complete, and the Company has mobilized the two drill rigs to the Kay North Extension target, to be followed by drilling on the North-Central and Western Targets. These areas will be drilled for the first time from newly-permitted and strategically positioned drill pads, designed to optimize targeting and access. The Company plans 10,000 m of exploration drilling at these targets with holes ranging from 300 m to 900 m in depth. The Company has chosen these high-priority targets based on analysis of geologic, geochemical, and geophysical exploration data generated to date on the project. Additionally, 5,000 m of reverse-circulation drilling is planned at the Company’s Sugarloaf Peak Gold Project (the “Sugarloaf Peak Project”) in La Paz County, Arizona. Drilling and road-construction contractors have been chosen for the project, and the Company is preparing to mobilize crews during Q3. The Company is executing on all of its previously stated goals for 2025 and looks forward to continuing the development of the Company’s strong assets. Table 1. Results of Phase 3 Drill Program at the Kay Project, Yavapai County, Arizona (announced in this news release)
June 18, 2025
Toronto, June 18, 2025 – Arizona Metals Corp. (TSX:A MC, OTCQX:AZMCF) (the “Company” or “Arizona Metals”) announces that its Annual and Special Meeting (the “Meeting”) of shareholders (“Shareholders”) of the Company was convened as scheduled on June 18, 2025, and adjourned until June 26, 2025, at 11:00 a.m. (Toronto time) at the same virtual venue. The next proxy voting cut-off deadline will be 11:00 a.m. (Toronto time) on Tuesday, June 24, 2025. Details to access the Meeting for those Shareholders who wish to attend and participate at the Meeting remain the same and are reproduced below. The Chair adjourned the Meeting in an effort to encourage greater Shareholder participation at the Meeting. By the original proxy cut-off time the Company had received proxies from shareholders representing less than half of its outstanding shares, and a number of Shareholders contacted the Company citing delays in meeting the voting cut-off deadline for the Meeting or issues with voting their shares online. The board of directors of the Company has decided that it is in the best interest of the Company and its Shareholders to postpone the Meeting to allow for a broader level of participation by Shareholders to ensure good corporate governance. YOUR VOTE CONTINUES TO BE IMPORTANT – IF YOU HAVE NOT DONE SO, PLEASE VOTE TODAY The proxy voting deadline is 11:00 a.m. (Toronto time) on Tuesday, June 24, 2025. Meeting Details Shareholders of record as of May 20, 2025, will continue to have the right to vote at the Meeting. The Company encourages all shareholders to vote their shares in advance of the Meeting, in accordance with the instructions provided in the previously distributed proxy materials. Any shareholders who previously voted online or by phone or submitted proxies that were accepted by the Chair of the Meeting do not need to take any further action (unless they wish to change their vote) as those proxies remain valid for use at the Meeting on June 26, 2025. The Meeting will be held on Thursday, June 26, 2025 at 11:00 a.m. (Toronto time) and will continue to be held in a virtual-only format via live audio webcast at https://virtual-meetings.tsxtrust.com/1826 . At this website, shareholders will be able to participate in the Meeting, submit questions and vote their shares while the Meeting is being held. For complete details and access to all relevant documents related to the Meeting, please visit https://arizonametalscorp.com/investors/corporate-filings/ or the Company’s profile on SEDAR+ at www.sedarplus.com . How to Vote Shareholders are encouraged to vote in advance of the meeting via the internet or telephone using the control number found on the form of proxy or voting instruction form previously mailed by the Company. To ensure that their vote is counted, shareholders are encouraged to vote well in advance of the proxy voting deadline on Tuesday, June 24, 2025 at 11:00 a.m. (Toronto time). 
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External Contact Information

Below, you'll find contact information for our transfer agent, corporate counsel and independent auditor.

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Transfer Agent

TSX Trust Company

100 Adelaide St. West, Suite 301

Toronto, Ontario, M5H 4H1, Canada


+1 (416) 342-1091

TSXTIS@tmx.com

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Auditor

McGovern Hurley LLP

251 Consumers Road, Suite 800

Toronto, Ontario, M2J 4R3, Canada


+1 (416) 496-1234

info@mcgovernhurley.com

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Legal

WeirFoulds LLP

4100 – 66 Wellington Street West

Toronto, Ontario, M5K 1B7, Canada


+1 (416) 365-1110

firm@weirfoulds.com

Financials

Corporate Filings

FAQs

Find answers to common questions about Arizona Metals Corp.

  • What are Arizona Metals Corp.'s primary projects?

    Arizona Metals Corp. owns 100% of two key projects in Arizona, USA:


    • Kay Mine Project: A high-grade copper-gold-zinc-silver volcanogenic massive sulfide (VMS) deposit located in Yavapai County.

    • Sugarloaf Peak Project: A bulk-tonnage oxide gold deposit situated in La Paz County. 
  • What are the resource estimates for these projects?

    • Kay Mine Project: 2025 MRE, 9.2M tonnes @ 3.2% CuEq Indicated + 0.9M tonnes @ 2.4% CuEq Inferred

    • Sugarloaf Peak Project: A 1983 estimate by Westworld Resources indicated 100 million tons containing 1.5 million ounces of gold at a grade of 0.5 g/t. 

    Please note the Sugarloaf Peak estimate is a historic estimate and not compliant with current NI 43-101 standards. Significant data compilation, re-drilling, and data verification are required by a Qualified Person before these can be classified as current mineral resources.


  • Where can I find Arizona Metals Corp.'s financial statements and corporate filings?


    Financial statements and corporate filings are available on the company's official website under the "Investors" section.


    Financials
  • How can I stay informed about Arizona Metals Corp.'s developments?

    You can subscribe to the company's mailing list through their website to receive the latest news, updates, and press releases.


    Join Mailing List
  • Does Arizona Metals Corp. have a dedicated team for permitting and social license matters?

    Yes, Arizona Metals currently works with WestLand Resources and Dorsey & Whitney on the Kay Project permitting process. 


    Additionally, since January 2022, the company has collaborated with Global External Relations to address community, government, and regulatory relations. 

  • What is the permitting process for the Kay Mine Project?

    The project is subject to state-administered permitting programs, including ADEQ Aquifer Protection Permitting and ASMI Reclamation requirements, which have licensing timeframes that help prevent unnecessary permitting delays. 


    Some facilities may be subject to federal permitting, which is managed by the Bureau of Land Management.

  • What is the significance of the Kay Mine Project being located on private land?

    The Kay Mine's location on private land means it does not require a complex review process under the National Environmental Policy Act (NEPA). However, it is still subject to Arizona Department of Environmental Quality (ADEQ) and Arizona State Mine Inspector (ASMI) permitting requirements.

  • Are there any cultural or environmental concerns associated with the Kay Mine Project?

    Early-stage archaeological and cultural surveys have not identified any tribal cultural sites. Additionally, detailed surveys have not found endangered species or critical habitats on the property. Routine surveys will continue as the project advances.

  • How does Arizona Metals Corp. address local community concerns, especially regarding water supply?

    The company is closely tracking water supply trends. The Kay Project operates independently from the town's water supply wells, and efforts are made to ensure that operations do not adversely impact local water resources.

  • How can investors contact Arizona Metals Corp.?

    Investors and the community can reach out through the contact form on the company's website or by contact us at:


    Morgan Knowles

    Vice President, Investor Relations

    647.202.3904

    Mknowles@arizonametalscorp.com


    Kay Mine Road Work and Drilling Safety Contact:

    safety@arizonametalscorp.com


    Black Canyon Community Hotline:

    623.252.2291

    safety@arizonametalscorp.com