Arizona Metals Corp. is a private Canadian company, based in Toronto, which owns a 100% interest in the Sugarloaf Peak Gold deposit in Arizona. The Sugarloaf deposit has an historic resource of 1.5Moz at a grade of 0.5g/t. The property is located in La Paz County, approximately 8km from the town of Quartzsite. The deposit is 2km south of Interstate 10, with access to water, electricity, and natural gas.
* The historical conceptual resource opinions at the Sugarloaf Peak Project were reported by Westworld Oil & Gas Corporation in 1983 (Dausinger, N.E., 1983, Phase I Drill Program and Evaluation of Gold-Silver Potential, Sugarloaf Peak Project, Quartzsite, Arizona: Report for Westworld) and 1987 Dausinger, N.E., 1987, Sugarloaf Peak Project, La Paz County, Arizona: Report for Westworld), respectively. The historic conceptual resource opinions have not been verified as a current mineral resource. None of the key assumptions, parameters, and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic conceptual resource opinions can be verified and upgraded in accordance with current NI 43-101 standards. A Qualified Person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historical conceptual resource opinions as a current mineral resource.