Aug 12 2019
Arizona Metals Corp. formerly known as Ring the Bell Capital Corp., has announced the results of a sampling program concluded on June 21st, 2019 at its Kay Mine Property located in Arizona.
Photo of sample KM-6. This photograph is of a selected sample and may not be representative of mineralization hosted on the property. (Image credit: Ring the Bell Capital Corp.)
In total, 21 samples were collected that included one grab sample from a historic test-mining stockpile close to Shaft 3, and 20 grab samples from a historic test-mining stockpile close to Shaft 1. Shaft 1 reached a 450 m-depth, and test mining was concluded between 1949 and 1956.
According to Arizona Metals, the underneath samples emerged from either the 300 m or 150 m level, where most of the test mining was carried out. Yet, Arizona Metals cautions that since the samples were grab samples and the sites of these samples are unknown, the results may not essentially indicate the presence of remaining mineralization on the project.
A combination of fire assay and 48 element four-acid ICP-MS techniques was used to assay all the samples at ALS Global’s certified laboratory located in Reno, Nevada.
One noteworthy aspect of the program was sample KM-6, which returned grades of 87 g/t silver, 1.3% lead, 5.3% zinc, 4.3 g/t gold, and 18.6% copper. In addition, sample KM-16 returned remarkable grades of 33 g/t silver, 0.6% lead, 6.5% zinc, 3.5 g/t gold, and 12.5% copper.
Arizona Metals is set to initiate a Phase 1 drill program of 5,000 m at the Kay Mine Property starting in the second half of 2019.
The aim of the drill program will be to validate the data generated by earlier operators specifically that of Exxon Minerals, which explored the Kay Mine workings from underground located on 11 levels to a depth of 450 m, between 1972 and 1980. Exxon Minerals also concluded 7,000 m of surface drilling in the near vicinity of the Kay Mine workings.