Arizona Metals Corp. Receives Conditional Approval to Graduate to the Toronto Inventory Alternate, Broadcasts Appointment of Director and Drilling Replace

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TORONTO — Arizona Metals Corp. (TSX.V:AMC, OTCQX:AZMCF) (the “Firm” or “Arizona Metals“) is happy to announce that it has acquired conditional approval from the Toronto Inventory Alternate (“TSX”) to graduate from the TSX Enterprise Alternate (“TSXV”) and listing its widespread shares on the TSX.

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Ultimate approval of the itemizing is topic to the Firm assembly sure normal and customary circumstances required by the TSX. As soon as these circumstances are happy, the Firm’s shares will start buying and selling on the TSX below its present ticker image “AMC” and shall be delisted from the TSXV. Shareholders is not going to be required to take any motion in reference to the commencement. The Firm will make an additional announcement as soon as the TSX confirms the date on which its shares will start buying and selling.

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Arizona Metals can also be happy to announce that, in reference to the commencement to the TSX, Rosa Maria Grace Rojas Espinoza has been appointed as an impartial member of the Board of Administrators of the Firm. Mrs. Rojas Espinoza has over 14 years of expertise as a mining engineer working for multinational mining firms akin to Barrick Gold, Grupo Mexico, BHP, and Freeport-McMoRan in Peru, Chile, and the USA, and in academia as a Professor of Apply on the College of Arizona. Mrs. Rojas Espinoza is the primary South American recipient of the “Excellent Younger Skilled Award” by the Society for Mining, Metallurgy, and Explorations (SME) within the U.S. (2018) and the First South American and Peruvian engineer, WIM USA nominee’s recipient of the “100 World Inspirational Girls in Mining” by Girls in Mining UK (2020). Mrs. Rojas Espinoza is at present an impartial mining guide, beforehand working as a Senior Technical Liaison at Eclipse Mining Applied sciences LLC. Mrs.Rojas Espinoza is native to the Kay Mine Mission and brings a wealth of {industry} expertise to the Board of Administrators of Arizona Metals.

Kay Mine Drill Program Replace

The Firm has accomplished a complete of 69,000 meters of HQ core drilling in 126 holes on the Kay Mine since inception of drilling. There are roughly 19 drill holes with assays pending, which shall be launched as they change into accessible. The Firm is fully-funded to finish the Section 2 program in addition to as much as 76,000 meters within the just lately initiated Section 3 program which shall be used to check the quite a few targets positioned north, south, and west of the Kay Deposit. Development is at present underway to increase a drill street west of the Kay Deposit in the direction of pads C1 and C2, which shall be used to drill the Central Goal from west to east (Determine 1). Concentrating on of drill holes from pads C1 and C2 is at present being refined utilizing a compilation of geophysical and geochemical knowledge, together with onsite XRF geochemistry and onsite, laboratory, and airborne hyperspectral knowledge. The corporate has additionally just lately joined the industry-supported analysis group CASERM (Heart for Superior Subsurface Earth Useful resource Fashions) on the Colorado College of Mines, which is endeavor a research of geochemical vectoring towards mineralization within the Kay deposit. An up to date drill plan shall be launched when street building nears completion. Allowing can also be at present in progress for drill pads W1 and W2, which can enable testing of the Western Goal.

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This press launch comprises statements that represent “forward-looking info” (collectively, “forward-looking statements”) inside the that means of the relevant Canadian securities laws. All statements, apart from statements of historic reality, are forward-looking statements and are based mostly on expectations, estimates and projections as on the date of this information launch. Any assertion that discusses predictions, expectations, beliefs, plans, projections, targets, assumptions, future occasions or efficiency (typically however not all the time utilizing phrases akin to “expects”, or “doesn’t anticipate”, “is anticipated”, “anticipates” or “doesn’t anticipate”, “plans”, “finances”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such phrases and phrases or stating that sure actions, occasions or outcomes “could” or “may”, “would”, “would possibly” or “will” be taken to happen or be achieved) should not statements of historic reality and could also be forward-looking statements. In making the forward- trying statements contained on this press launch, the Firm has made sure assumptions. Though the Firm believes that the expectations mirrored in forward-looking statements are cheap, it can provide no assurance that the expectations of any forward-looking statements will show to be right. Identified and unknown dangers, uncertainties, and different components which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking statements. Such components embrace, however should not restricted to basic enterprise, financial, aggressive, political and social uncertainties. Accordingly, readers mustn’t place undue reliance on the forward-looking statements and data contained on this press launch. Besides as required by legislation, the Firm disclaims any intention and assumes no obligation to replace or revise any forward-looking statements to mirror precise outcomes, whether or not because of new info, future occasions, modifications in assumptions, modifications in components affecting such forward-looking statements or in any other case.

Neither the TSXV nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSXV) accepts accountability for the adequacy or accuracy of this launch.

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For additional info:

Marc Pais
President and Chief Govt Officer
Arizona Metals Corp.
(416) 565-7689


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