Matribhumi Samachar English
Toronto, Ontario–(Newsfile Corp. – February 24, 2025) – Arizona Copper and Gold Ltd (the “Company” or “ACG”) is pleased to announce that it has entered into an agreement to acquire a 100% interest in the past-producing McCabe gold mine (“McCabe”) located on 87 acres of patented land (Figure 1) which include water rights. McCabe is located within ACG’s larger BLM claim package of 3,350 acres that make up the Company’s Eagle Property (Figure 2).
Between 1980 and 1984, Stan West Mining spent US$12 million on drilling and developing the McCabe deposit to a depth of 315 metres. An additional US$23M was incurred during 1986 to build a 500 tpd mill and initiate underground production. In 1984, Stan West published a “Total Reserve Estimate1” (the “Estimate”) of 878,000 ounces of gold at a grade of 11.7 g/t, as well as 5,120,000 ounces of silver grading 69 g/t. ACG estimates that total spending of US$35 million between 1980 and 1988 would equate to CDN$110 million if indexed to 2025 dollars.
During 1987 and 1988, Stan West Mining and Magma Mining reported total mine production of only 80,000 ounces gold at the McCabe Mine. ACG believes there is significant potential to expand and further define the remaining McCabe deposit. The Stan West Estimate of 878,000 ounces was calculated using a gold price of US$350/oz and cut-off grade of 6.75 g/t gold. Importantly, McCabe has not been drilled below a depth of 315 metres. In addition, ACG has also identified a number of parallel and conjugate veins that were not included in the Stan West Estimate.
The acquisition of the McCabe property, along with the recently announced acquisition of the Sunol, Palo Alto, and Columbia mines, will increase ACG’s total holdings of patented land to 120 acres, within a large total claim package of 3,470 acres.
Arizona Copper and Gold Ltd (“ACG”) is a private company that owns 100% of the Eagle Property in Yavapai County, which is located on 239 unpatented BLM claims totaling 3,350 acres that are not subject to any royalties. The claims host at least 12 past-producing gold mines. A sampling program completed by ACG in late 2024 identified at least 12 mineralized zones and structures which have not been tested with modern exploration methods (including geophysics or drill testing).
The Eagle Property covers a broad area to the west, southwest, and south of the historic Iron King volcanogenic massive sulfide (VMS) mine, with reported production of 5.7 million tonnes grading 2.6 g/t gold, 91 g/t silver, 4.9% zinc, 1.8% lead and 0.1% copper from 1903 to 1969.
Mapping and Sampling Program
During September 2024, a total of 209 samples were collected along mineralized zones at the Eagle Property. Samples were submitted to ALS laboratory in Tucson, Arizona with 5% standards and 5% blanks inserted into the sample sequence. Additional geological mapping and sampling were completed during October 2024, with an additional 41 samples collected and submitted with 5% standards and 5% blanks inserted into the sample sequence.
Figure 5 below displays a detailed geological map, showing the various lithologies of the Eagle Property, as well as numerous past-producing gold and VMS mines on or adjacent to the project. The Eagle Property hosts a variety of mineralization styles that originated from at least two principal mineralizing events. Property-wide high-grade samples are displayed in Figure 1.
Eagle Gold Zone
In the southwestern portion of the Eagle Property, high-grade gold mineralization was sampled in a number of quartz veins. Select high grade results in this area include 92 g/t gold, 23.6 g/t gold, 11.2 g/t, 8.6 g/t gold, 6.6 g/t gold, and 6.2 g/t gold (Figure 2).
Eagle Copper Zone
In the southern portion of the Eagle Property, copper mineralization is hosted within apparent stratiform zones and veins. Copper oxide veinlets with silicified alteration are abundant and occur with chalcopyrite and pyrite in quartz veins (Figure 3). There are many workings and pits in this area.
Select high grade results in this area included 27.6% copper, 4.5% copper, 3.8% copper and 3.0% copper. High grade gold and silver were also encountered in this area, including 29.4 g/t gold, 653 g/t silver, and 450 g/t silver (Figure 4).
The strongly anomalous copper, gold, and silver results on samples of this type indicate impressive potential for VMS mineralization within the area sampled and in surrounding areas. Based on strong similarities with Iron King VMS ore, the Eagle Copper Zone represents a target that requires detailed exploration as a potential to host similar deposits.
Marc Pais, Chairman and Director, commented, “Arizona Copper and Gold has assembled a large land package hosting numerous past-producers in mining-friendly Yavapai County. Recent sampling has identified property-wide high grade mineralization containing copper, gold, silver and zinc. The acquisition of the McCabe Mine announced today adds a significant high-grade past-producing deposit that has not been explored since 1988. We believe there is potential to greatly expand on the historic estimate produced in 1984 by Stan West Mining, which was drilled to a relatively shallow depth of only 315 metres. The deposit is open at depth and our recent surface sampling program has identified at least 12 mineralized veins that were not historically drill tested. Upcoming work will start with geophysical testing to further define mineralized trends, including airborne VTEM and ground-based resistivity and induced polarization tests. The Company intends to undertake a public-listing during 2025.”
Table 1. Eagle Project 2024 Surface Sampling Results
Eagle Project 2024 Surface Sampling ResultsWork_OrderSample_IDE_WGS84N_WGS84ElevStationAu (g/t)Ag (g/t)Cu (ppm)Cu (%)Zn (%)DescriptionTU24292051M41354238374238178411483MC063-0.012552840.02840.1365Float of Fe-carb with quartz (vein?) Black FeOx, calcite, quartz.TU24292063M41360138041738155581640MC177-0.010.442630.02630.0068Dump pile.QVN with sericite veinlets TU24292063M41365238325338175911509CS-032-0.010.191940.01940.0033VEIN FLOAT GRABTU24292051M41354738299938177561577MC067-0.011171900.0190.511Dump pile; no QVN, but lots of gossan with calcite veinsTU24292051M41353538340238181491563MC052-0.011421580.01580.452Near vertical, Epidote within wall rock and adjacent to the gossan.TU24292063M41365138358838179361501CS-031-0.0135.4148.50.01490.0575VEIN FLOAT GRABTU24292063M41366138300638151381483JV-002-0.010.12117.50.01180.0023VEIN FLOATTU24292063M41368638301738153651489JV-027-0.010.321170.01170.004VEIN FLOATTU24292063M41365838229838153221554CS-040-0.010.421160.01160.0063VEIN IN OUTCROPTU24292063M41366738115938163451568JV-010-0.010.0675.60.00760.0006VEIN FLOATTU24292051M41355138310138169201497MC076-0.010.1573.40.00730.0035dump pike at extent of claim boundaryTU24292063M41362338239838154081546MC280-0.010.27710.00710.0023QVN through basalt; magnetite-quartz vein in floatTU24292051M41354638294538177491591MC066-0.0140.266.30.00660.305Dump pile QVN in gossan with FeOxTU24292063M41360638288538159721491MC189-0.010.02640.00640.0029QVN in outcrop.TU24292063M41370338010638183151729JV-043-0.010.3261.90.00620.0033VEIN FLOATTU24292063M41363938300938156691468CS-017-0.010.0361.40.00610.0018VEIN IN OUTCROPTU24292063M41367338032638165101638JV-016-0.010.0760.40.0060.0019VEIN FLOATTU24292063M41369738349038178051504JV-038-0.010.0960.30.0060.0007VEIN FLOATTU24292063M41369338265638147331547JV-034-0.010.25600.0060.0014VEIN FLOATTU24292063M41364138295738156341479CS-018-0.010.0458.20.00580.0089VEIN INOUTCROPTU24292063M41364638247738145641620CS-025-0.010.13460.00460.0047VEIN FLOATTU24292063M41363838303938157041468CS-016-0.010.0145.10.00450.0012VEIN FLOATTU24292063M41364238287838156211484CS-019-0.010.0143.50.00440.0007VEIN IN OUTCROPTU24292063M41360938337738155791457MC198-0.010.3140.60.00410.0033Fissile slate at working. Many veins/veinlets along strike. TU24292051M41354138342038178341500MC060-0.010.9236.20.00360.0078QVN with red FeOx staining on fracture surfaces.TU24292063M41370138344338175011484JV-041-0.0117.0536.20.00360.1305SMALL DIG. GOSINTU24292051M41352638276238153051514MC041-0.010.1234.50.00350.0067Vein subcrop adjacent to thinly foliated wall rock. TU24292063M41369038280838150791490JV-031-0.010.3733.90.00340.0006VEIN FLOATTU24292051M41358838057838167920MC146-0.010.0529.50.0030.0035Vein pileTU24292051M41351238329938148121454MC024-0.010.1126.50.00270.0033Specular hematite, weak epidote. Extremely magnetic.TU24292063M41368238265038175221539JV-024-0.010.0426.10.00260.0007VEIN FLOATTU24292051M41350138119038173231588MC002-0.010.324.50.00250.0015Pit-vein in outcrop. TU24292063M41369938341938176321493JV-040-0.010.0424.10.00240.0009VEIN FLOAT IN DRAINTU24292051M41353738331138180301546MC055-0.0120.6240.00240.104Gossan veiTU24292051M41352838284938154281488MC043-0.010.0323.40.00230.0019QVN that is a small outcropTU24292063M41361638396438178191476MC227-0.010.1122.40.00220.0016QVN float. Ori is foliation of adjacent unitTU24292051M41351138330538148271450MC023-0.010.1718.40.00180.0036QVN oxidized orange and red. No outcropTU24292063M41367638201238165491534JV-019-0.010.0618.10.00180.0037VEIN FLOATTU24292063M41362938080538168591608CS-006-0.010.08180.00180.0004VEIN FLOATTU24292063M41365738257238157381501CS-039-0.010.1717.70.00180.0027VEIN FLOATTU24292063M41368538302838154511475JV-026-0.010.0616.80.00170.0047VEIN FLOATTU24292063M41370738270938158431484JV-047-0.010.0416.80.00170.0008VEIN FLOATTU24292063M41361738089738175221553MC236-0.010.0316.10.00160.0168Basalt outcrop with pyrite cubesTU24292063M41363638310638158161462CS-014-0.010.0115.30.00150.0011VEIN FLOATTU24292063M41369138276238149911497JV-032-0.010.114.10.00140.0053VEIN FLOATTU24292051M41350238146638173881572MC004A-0.010.09130.00130.001Mineralized wall rock with sericite from dump pileTU24292051M41352538277938152501502MC040-0.010.0812.60.00130.001Vein float TU24292063M41360538292338160431485MC188-0.010.0212.50.00130.0089QVN in outcrop.TU24292063M41363738305938157381471CS-015-0.010.0112.10.00120.0028VEIN IN OUTCROPTU24292051M41350838303338157351473MC017-0.010.0411.80.00120.0019quartz lens within metatuffTU24292051M41352738276638153491509MC042-0.010.0311.50.00120.0012QVN in subcropTU24292063M41363438026638154911632CS-012-0.010.0611.50.00120.0008S55 D75
VEIN IN OUTCROPTU24292063M41368738291638153421491JV-028-0.010.0710.90.00110.0014VEIN FLOATTU24292063M41366238343338178571497JV-003-0.010.0610.70.00110.001VEIN FLOATTU24292063M41366838071138167811613JV-011-0.010.0710.70.00110.0008VEIN FLOATTU24292051M41350438313838159001461MC009-0.010.0110.60.00110.00592 quartz lenses within thinly foliated meta-tuff. TU24292051M41350938337238149121445MC018-0.010.210.60.00110.008QVN float pile, with copper pitch and intensely oxidizedTU24292063M41370638280138159131471JV-046-0.010.0310.40.0010.0004VEIN OUTCROP. TU24292063M41360838332338156291466MC197-0.010.0110.20.0010.0011QVN outcrop in fissile shale. 10 cm wide, variable width,grayTU24292063M41371538081938155471578MC337-0.010.110.20.0010.016QVN float in drainage TU24292051M41350738308338157801463MC015-0.010.0410.10.0010.0057White milky QVN; large boulder-size quartz floatTU24292063M41368138023638152711630JV-023-0.010.15100.0010.0017VEIN FLOATTU24292051M41354938249038177941572MC074-0.011.549.40.00090.0102QVN float on hillsideTU24292063M41370438000138184261789JV-044-0.010.039.30.00090.0005VEIN FLOATTU24292051M41357738120238164101561MC121-0.010.269.10.00090.0058Thin vein in tonalite outcropTU24292063M41366938072738167011603JV-012-0.010.039.10.00090.0007VEIN FLOATTU24292063M41361038342138155341447MC199-0.010.018.90.00090.0008QVN outcropTU24292063M41371938115338157251560MC344-0.010.178.90.00090.007620 cm wide parallel vein structure w FeoxTU24292063M41366438027438164401632JV-006-0.010.058.80.00090.0024VEIN FLOAT / DUMPTU24292063M41365638268638158421489CS-038-0.010.028.70.00090.0006S45 D
VEIN IN OUTCROPTU24292063M41361138354138153541458MC202-0.010.038.50.00090.0011QVN float pile next to QVN in outcrop.TU24292063M41370238097538179341570JV-042-0.010.087.70.00080.0072VEIN OUTCROPTU24292051M41353038286938156371482MC045-0.010.017.40.00070.0007Wall rock adjacent to crumbled vein in placeTU24292051M41350638308138159801475MC012-0.010.027.30.00070.0029Vein in outcrop; crosscuts foliationTU24292063M41367038069938166151620JV-013-0.010.077.30.00070.0007VEIN FLOATTU24292063M41367938029738152721621JV-022-0.010.027.20.00070.0049VEINTU24292051M41353238401938181831479MC047-0.010.046.50.00070.0005oxidized vein.TU24292063M41368338305938156171461JV-024B-0.010.026.30.00060.0015VEIN FLOAT -IN DRAINTU24292051M41357538118138163151571MC117-0.010.036.20.00060.0006QVN pile/float. Pyrite in fractures of QVN.TU24292051M41352938285238156121487MC044-0.010.015.60.00060.0007Wide QVN with some magnetite and alteration. TU24292063M41363538035838155391637CS-013-0.010.025.40.00050.0007VEIN FLOATTU24292063M41360738289538159901479MC190-0.010.015.10.00050.0025Vein outcrop TU24292051M41358338112638170801586MC135-0.010.044.90.00050.002QVN float in gabbro. TU24292051M41355038261038176821543MC075-0.010.344.80.00050.0037Large QVN ~2m wide.TU24292051M41353938342038178171501MC059-0.011.73.90.00040.0071QVN pile within in drainage.TU24292063M41361438358838152391474MC208-0.010.013.80.00040.0003QVN in outcrop above series of pits. TU24292051M41359238013738164341654MC152-0.010.033.70.00040.0012veinTU24292051M41353138303138158521450MC046-0.010.013.60.00040.0011Milky QVN TU24292063M41363038067338168191623CS-007-0.010.033.60.00040.0008VEIN FLOATTU24292051M41358638064838167931628MC143-0.010.0730.00030.0011Vein in outcrop TU24292051M41358538084438168871620MC138-0.010.032.80.00030.0005QVN float pileTU24292063M41363138054238167391619CS-008-0.010.032.70.00030.0007VEIN FLOATTU24292063M41361538277438162561485MC217-0.010.012.60.00030.0002 QVN float TU24292063M41367738080338155791566JV-020-0.010.042.40.00020.0003VEIN FLOATTU24292051M41358738063738167961629MC144-0.010.032.30.00020.0008 vein in outcrop. TU24292063M41360238047338155641640MC178-0.010.012.30.00020.001Large pit with water in the bottom. TU24309427M41372538356138157371444MC3830.010.088160.08160.0034Continuous QVN in pitTU24292063M41366338272238168541536JV-0050.010.546950.06950.0043VEIN FLOATTU24292063M41365038278038146701508CS-0300.010.373040.03040.0017VEIN FLOATTU24292051M41351338299738144591520MC0260.010.223000.030.0018QVN float within sparse float. TU24292051M41350338146638173881572MC004B0.010.242880.02880.0052QVN with sericite crosscutting veins; from dump pileTU24292063M41369838342738177321510JV-0390.010.48189.50.0190.0008VEIN FLOATTU24292063M41362538287538154801488CS-0020.010.41670.01670.0006Large VeinTU24309427M41372438371238157061419MC3800.010.06153.50.01540.006QVNTU24292063M41364538256538151341538CS-0240.0121220.01220.0106VEIN FLOATTU24309427M41374638138938157141565MC5660.010.521160.01160.0341Clay alterationTU24292051M41353438342038181751565MC0510.01250112.50.01131.16Black gossan with distal epidote. Oxidized sulfide TU24292063M41362138267338157181493MC2730.010.3105.50.01060.0014OutcropTU24292051M41351538291838143561523MC027B0.010.1392.30.00920.0214stratiform, syngenetic mineralization ExhaliteTU24309427M41372138356738147231447MC3500.010.787.70.00880.0012QVN along foliationTU24292063M41371438114138153381676MC3190.010.2786.80.00870.0021 small outcrop and float pile of basalt with some more QVNTU24292051M41351438291838143561523MC027A0.010.2379.50.0080.0081Vein in working TU24292051M41354338281438176641559MC0640.0159.275.90.00760.338Gossan/FeOx on surface with limonite. TU24309427M41376338138038157471567MC6920.011.574.50.00750.0747shear zone right above aditTU24292063M41364438257738153691514CS-0230.010.4574.30.00740.0128WORKING PITTU24309427M41372638359438157881438MC3850.010.0351.10.00510.0013QVN continuous; greenschistTU24309427M41372738121238162840MC4180.010.0448.90.00490.0017Dark gray quartz+biotite+magnetite+pyrite vein. TU24292051M41351038332538149111446MC0200.010.1346.40.00460.0031 3ft wide vein zone interspersed within Mv unit. Oxidized at surfaceTU24309427M41375738562838144171515MC642B0.010.0245.60.00460.0012QVN with red hematite, wall rock inclusions. Lots of chloriteTU24292063M41371638083038155181592MC3380.010.5242.40.00420.0074quartz-magnetite vein floatTU24309427M41373138457338166091383MC4370.010.0642.20.00420.002Red (old) QVN containing white (new) QVN. Sampled red QVNTU24292051M41355538254238164861495MC0850.011.6141.90.00420.0069 QVN lens with rhombohedral quartz within foliated tuffTU24292051M41350538308938159741473MC0110.010.0229.50.0030.0033Float sample of oxidized vein; lots of vein float along trendTU24292063M41365538275138158961475CS-0370.010.0627.50.00280.0143VEIN IN OUTCROPTU24292063M41370938279838155291476CS-0200.010.05240.00240.0012VEIN IN OUTCROPTU24292063M41361338355938152101471MC2060.010.0120.10.0020.00312 pits just above MC205. Same mineralization as MC204.TU24292063M41361238353238151741459MC2040.010.0619.90.0020.0077Large working w/ 2 pits. QVN with some gossan. TU24309427M41373338472238176151425MC4490.010.0419.80.0020.0027QVN outcrop with wallrock schist included. TU24309427M41376238297438151931499MC6900.010.0219.80.0020.0041Same as above, this feature is linear to the North for a whileTU24292063M41365438281638159231472CS-0360.010.0518.60.00190.0008VEIN FLOATTU24309427M41373238459238168551427MC4440.010.0416.60.00170.001Young QVN through old QVN TU24309427M41375138140838153151663MC6100.014.0516.20.00160.0633Clay altered rock with limonite fractures on small dump pile.TU24309427M41373038424938166241428MC4290.010.0415.80.00160.0015 Vein with schistose wallrockTU24309427M41373638565238131821486MC4730.010.0115.30.00150.0005BIF with magnetic veinetes and coarse grained magnetic nodulesTU24292063M41361838081538177811575MC2390.010.13150.00150.0155 QVN metamorphosed. Black surface oxidation, mostly quartz, intense FeOxTU24292063M41371838115538157341568MC3430.010.2150.00150.0077wide QVN with FeOx. TU24292051M41354838287738179331596MC0710.010.9911.10.00110.01QVN in float with FeOx. Next to black chert with QVN.TU24292063M41368438307238155361472JV-0250.010.01110.00110.0021VEIN FLOATTU24292063M41367537978538161191690JV-0180.010.210.60.00110.0033VEIN FLOATTU24292063M41371338121938152981681MC3160.010.279.80.0010.003Completely white, opaque, fine grained crystals in dyke/sillTU24292051M41358438103038170231595MC1360.010.088.60.00090.0008QVN float pileTU24292051M41359938032438154381602MC1760.010.087.50.00080.0047Lots of QVN float with large float pieceTU24292063M41367238054138165231634JV-0150.010.047.30.00070.0029VEIN FLOATTU24292063M41360438295038160731492MC1870.010.015.60.00060.0006Quartz veinTU24292051M41356738041938164061630MC1020.010.115.10.00050.0029QVN pile in float near “vein line”TU24292063M41360338048338156091644MC1790.010.034.20.00040.0004Quartz veinTU24292051M41353638338738181211561MC0540.0178.940.00040.274Gossan vein with Iron King type mineralization.TU24309427M41373738447038142711503MC4890.010.023.70.00040.0017BIF outcrop TU24292051M41359138043438167521606MC1490.010.043.70.00040.0015Tonalite outcropTU24292051M41357638117138163591572MC1180.010.043.30.00030.0009Quartz vein with FeOx, no pyriteTU24292051M41352238284638147911488MC0360.021.026520.06520.0013quartz-epidote-garnet floatTU24292063M41368938289538151421484JV-0300.022.574660.04660.0045VEIN FLOATTU24292051M41351938259438144441605MC0320.020.243790.03790.0071;continuous vein with magnetite sampled.TU24309427M41373538523538139501482MC4620.020.181290.01290.014Foliated basalt with fine grained disseminated pyrite in veinsTU24292063M41362838082638165951595CS-0050.022.62117.50.01180.0012VEIN FLOAT GRABTU24309427M41376138029838170731632MC6650.020.1380.50.00810.0015Silicified metatuff with BIF veinsTU24309427M41374438146738156911572MC5630.020.370.70.00710.0203Altered clast in Xab1TU24309427M41375038121038162621565MC6000.020.1849.30.00490.0032Abundant black QVN float. Magnetic and Feox surfacesTU24309427M41374738137638157491560MC5670.020.82360.00360.038Foliation next to shaft. Limonite veins. TU24292051M41356438002738161571693MC0960.020.3329.60.0030.0068Quartz veinTU24292063M41362638128038162931547CS-0030.020.1223.40.00230.0005LARGE FLOAT GRABTU24309427M41373938214438165211516MC4940.020.0418.20.00180.0014Dark gray chert layer. TU24309427M41372938427238166641428MC4280.020.03180.00180.0015QVN outcrop in roadcut. 4 veins along foliation.TU24309427M41373438497638142121439MC4580.020.34180.00180.0092Hydrothermally altered wallrock ~3m wide zone, TU24292063M41366538087338164981584JV-0080.020.0913.80.00140.001VEIN FLOATTU24292051M41358938053338167961620MC1470.020.33100.0010.0056Working/dump with lots of QVN float and some in outcropTU24292051M41354538288538177021586MC0650.0334414250.14253.11Sample from dumpTU24292063M41368838288538152451486JV-0290.032.163820.03820.0117VEIN FLOATTU24309427M41375538427638144061479MC6230.030.131350.01350.0124Mine shaft in hydrothermally altered rocks. TU24292051M41357438121138163031561MC1160.030.2126.50.01270.0015Small pit; Highly silicified quartz-rock in FeOx.TU24292051M41359437987238161651694MC1550.030.9521.90.00220.0008Vein in road. SamplesTU24292063M41363338003738163321658CS-0100.030.3780.00080.0099VEIN FLOATTU24292051M41357338119838162691556MC1150.030.032.70.00030.0019QVN float with pyriteTU24292051M41353338347838182381555MC0500.047643860.03861.035Dump pile. QVN with FeOx cavities. TU24292051M41359038051538167281617MC1480.040.6512.80.00130.0088Extremely weathered and thinly foliated outcropTU24292051M41359738107438158331592MC1680.040.056.90.00070.0007 Samples QVN and epidoteTU24292051M41356838047338163831623MC1030.040.063.40.00030.0017QVN pileTU24292063M41365938304638150381476JV-0010.052.066930.06930.0038Quartz veinTU24292063M41370837990138162631694CS-0110.05231.90.00320.0047VEIN FLOATTU24292051M41355738232338165021526MC0870.051.4619.30.00190.0217 QVN float along old trail/powerline road. Large quartz float ~2ft wideTU24292063M41371238148038156021610MC3120.061.7467.90.00680.0798 QVN with wall rock included TU24309427M41372338284538148001496MC3590.070.516700.0670.0023outcrop w/ crenulationsTU24292051M41355838277638168801527MC0890.072.95410.05410.0217QVN in roadcut. TU24292051M41352438271438151011506MC0390.071.283270.03270.0021QVN with FeOx and epidote. TTU24292051M41355438266938165411501MC0840.0711.05174.50.01750.358Small working. QVN oxidized with copper pitch.TU24292051M41353838328738180011540MC0560.0881.42650.02650.873 Gossan vein. Pit with drag structures. TU24292063M41367838040338153181601JV-0210.080.069.10.00090.0017VEINTU24309427M41374538145438156611576MC5640.091.36109.50.0110.04Excavated area – clay alteration and QVNTU24292063M41371138122038154801652MC3090.090.987.30.00870.116Xab1 host rock. Intensely altered to green-white (epidote-chl-quartz) TU24292051M41358238096738162531590MC1300.110.2923.40.00230.0011Quartz pile with lots of vein. No sulfide, some FeOxTU24309427M41374938121738162611563MC5990.130.3867.90.00680.0431Vein/alteration structureTU24292063M41369638392638181151484JV-0370.1615.264600.6460.0007VEIN FLOATTU24292051M41351638274038142621550MC0280.164.6141600.4160.0115Dump pile. Dark gray, black stratified rock. TU24292051M41354438288538177021586MC0650.1696.9980.00980.724Large mine dump pile and large pit. Gossan vein sampledTU24309427M41374238040038187301687MC5370.171.3767.30.00670.0051Granite contact; small amount of pyrite in gtz in granite.TU24292063M41364338264738154141509CS-0210.2115763300.6330.505WORKING PITTU24292051M41352338303538150861473MC0380.210.571540.01540.0043Epidote in QVN within foliated andesite wallrockTU24292063M41363238028038165091642CS-0090.213.4347.90.00480.0473VEIN FLOATTU24292063M41362438271238146621540CS-0010.22243700.4370.0101DUMP PILE GRABTU24292051M41352138264038145261569MC0340.220.423200.2320.0073 Grab samples from dump.TU24309427M41375438409838143271458MC6220.220.593710.03710.0958OutcropTU24292051M41358138090638165411585MC1290.263.121540.01540.0027Working/dump pile in the tonaliteTU24309427M41375238137738154551620MC6130.272.781450.01450.126Altered rocks with Feox and limonite fracturesTU24292063M41361938039238179991635MC2490.272.2541.90.00420.0045 Very deep hole. Hosted in white quartz-sericite granite/QVNsTU24309427M41375338407538143581462MC6210.330.735.20.00350.0013outcrop of silicified vein TU24309427M41375938253838143491607MC6530.344.26119501.1950.0049 Sample is of vein outcrop in pit and malachite float.TU24309427M41374338160838159111476MC5610.341.5585.70.00860.011Outcrop above old mine workingTU24292051M41356337990238161131687MC0950.3819.81830.01830.202sample of QVN next to pit.TU24292063M41367138061038166251621JV-0140.380.2123.50.01240.001VEIN FLOATTU24292063M41364838238338144381601CS-0280.3954.3381003.810.0562WORKING PIT GRABTU24292063M41369538240138142911550JV-0360.484.2766600.6660.0036VEIN FLOATTU24292051M41355238295938168141499MC0790.4915029600.2961.765Significant gossan in float. TU24292063M41367437998938163021673JV-0170.57.4279.10.00790.0065VEIN FLOATTU24292063M41362738111138164991571CS-0040.670.3311.80.00120.0006DIG PIT QUARTZ GRABTU24292051M41359838028338152491633MC1750.6932.927600.2762.17 outcrop with malachite, FeOx, sulfide (pyrite). Large pit and dump pile.TU24292063M41371738120138157851563MC3410.714.556830.06830.141Large outcrop in drainage. TU24292051M41359537987438162431700MC1560.794.6529.50.0030.0029Sampled vein across width in working/pitTU24292063M41370538067538177091572JV-0450.930.115.60.00160.0039SMALL DIG WITH VEIN FLOATTU24292063M41362238263438157321494MC2740.9620.541400.4140.0086Veins running through host rock. TU24292051M41351738268538143231578MC0290.988.27297002.970.0337Malachite vein lobe in wall rock.TU24292051M41356138284138168671508MC0910.9812417350.173510.8Near dump pile along trend. Float of gossan vein with malachite and pyrite.TU24292051M41359638200838164711526MC1600.990.9826.90.00270.0338ample from dump pile TU24292063M41364938257638140791525CS-0291.0414.0598300.9830.0085WORKING PIT GRABTU24292051M41355938279038168711523MC0901.09533470.03475.93Dump pile just below road. FeOx gossan and QVN. FeOx stockworkTU24309427M41372238315738147471468MC3551.117.51171501.7150.0141 float with malachiteTU24309427M41375638521638150751389MC6261.190.049.20.00090.0012Stretching lineation on foliation plane chl schist. 85* stretching lineationTU24292063M41364738241038145041619CS-0261.22450452004.520.0576WORKING PIT GRAB
MALACHITETU24292063M41371038056538153631594MC2971.2237.32580.02581.71 QVN with sulfur, pyrite. TU24292063M41366638124338161691576JV-0091.287.2414600.1460.0048VEIN FLOATTU24309427M41375838258038140711527MC6481.5615.25142501.4250.0099Sampled dump pile TU24309427M41373838451038146121461MC4911.673.8512250.12250.0696 Sampled red altered wall rock with QVN and black vesicular mineralization.TU24292063M41369238266138148491537JV-0332.1575.1292002.920.033DUMP PILETU24292063M41365338035038179241612CS-0352.154.5352.60.00530.0131WORKING PILETU24292051M41355338291338167981501MC0802.4423445600.4560.6351m x 3m vertical hole. TU24292051M41356237965538162541638MC0942.446.02134.50.01350.0925Vein from dump just below mine opening.TU24292051M41359338000738162191704MC1542.5799100.0010.012Working/dump pile. QVN outcrop in pit.TU24292051M41351838259238143671610MC0312.850.8756400.5640.0089Dump pile. Malachite, oxidized QVN w/ magnetite. TU24292051M41356638035238164431645MC0992.851.94250.00250.0088Pit; very deep hole. Veins width undulates, is wide at pit. TU24292051M41356538006638163181671MC0973.352.5474.30.00740.049Rhyolite tuff wallrock. Old mine, diagonal shaft. TU24292051M41357938096238166331577MC1264.761.2916.40.00160.001Small working with QVN float. TU24309427M41374838122138157631555MC5795.635513650.13650.251Alteration and mineralized float. TU24292051M41355638247238164331503MC0866.0120017250.17251.995Old working/pit. Thin veinlet fracture fill and lots of sulfide. TU24292051M41357038072538164611600MC1076.151.56180.00180.0087Small dump pile. QVN with FeOx fracturesTU24292051M41357238039638164841641MC1126.613.01140.00140.0222Dump pile with little sulfide in vugs in rhyolite, small veinsTU24309427M41372838067538163010MC4258.612.0926.70.00270.0082quartz-pyrite veinlets through Kt. TU24292051M41357138076138164881598MC10811.22.678.90.00090.0017Sulfide-pyrite in QVN and in wallrock. Red FeOx in fractures and sulfur.TU24292051M41356938068138164221599MC10623.612.378.80.00790.0128Dump pile and working. TU24292063M41369438249538144511582JV-03529.465327600027.60.0132DUMP PILETU24292051M41357838106638166641574MC12491.761.242900.4290.0095 Huge dump pile. Wall rock with sulfide. Lots of sulfur on surfacesTU24309427M41374138115938189901565MC51913873050300.5030.0019QVN float w/ pyrite, cpy, galena
About Arizona Copper and Gold Ltd.
Arizona Copper and Gold Ltd (“ACG”) is a private company that owns 100% of the Eagle Property in Yavapai County, which is located on BLM claims totaling 4,780 acres that are not subject to any royalties. The claims host at least 12 past-producing gold mines. A sampling program completed by ACG in 2024 identified at least 12 mineralized veins and structures which have not been tested with modern exploration methods (including geophysics or drill testing).
The Qualified Person who reviewed and approved the technical disclosure in this release is Clyde L. Smith, PhD.
This press release contains statements that constitute “forward-looking information” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation, All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release include, without limitation, statements regarding the acquisition of the Property, including completion of due diligence and the satisfaction of the Company’s payment obligations under the Purchase Agreement, and the completion of the Offering. In making the forward- looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward- looking statements or otherwise.
1 The historical estimates for the McCabe Deposit predates and is unclassified and not compliant with NI 43-101 guidelines. Significant data compilation, re-drilling, re-sampling and data verification may be required by a Qualified Person before the historic resource can be verified and upgraded to be compliant with current NI 43-101 standards. The Company’s QP has not yet undertaken sufficient work to classify the historic estimate as a current resource and the Company is not treating the historic estimate as a current resource
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