Continued Intersection Of Mineralization At Kay Project

TORONTO – Duncan Middlemiss, President and CEO of Arizona Metals Corp., said, “We are encouraged by the continued intersection of mineralization in drill holes targeting areas beyond the Kay deposit Kay Mine project located in Yavapai County, Arizona. This is characteristic of volcanogenic massive sulphide (VMS) systems, which commonly occur in clustered deposits, and supports our exploration strategy to systematically test the largely unexplored 10-kilometre strike length of highly prospective stratigraphy across the project. In addition, the Kay deposit continues to demonstrate strong geological continuity, and these latest drill results have the potential to meaningfully expand the overall resource volume.”
Within the Kay deposit, drill hole KM-25-195 intersected 22.4 m @ 1.1% CuEq in a shallow portion of the deposit where the MRE indicated that additional drilling was warranted. This drill hole proved continuity in this area of the deposit, which has the potential to add additional tonnage. KM-25-190 intersected 2.4 m @ 0.7% CuEq along the northern extension of the Kay mineralized horizon.
On the Northwest target, drill hole KM-25-197 intersected 0.3 m @ 0.9% CuEq. This hole was drilled to the east from Pad 15, into a previously untested portion of the prospective horizon on the property. It targeted a surface sample within a mapped mineral horizon that returned 3.2% Cu. Although narrow, this is an encouraging result in an unexplored area of the property.
The Company is fully funded and on track to deliver a Preliminary Economic Assessment (PEA) for its Kay Mine deposit during the first quarter of 2026. Ongoing exploration on the Kay project includes 2,000 m of drilling in the first quarter, a property-wide hyperspectral airborne survey, and AI studies to refine exploration targeting. Total drilling on the Kay project to date is approximately 145,000 meters.
Additionally, assays are pending for six drill holes from the Company’s 5,000-meter reverse circulation drilling at the Company’s Sugarloaf Peak Gold Project (the “Sugarloaf Peak Project”) in La Paz County, Arizona. Results received to date have been positive, returning broad intervals of mineralization that have significantly expanded the deposit footprint along strike, at depth, and laterally. Building on these initial positive results, the Company is advancing a comprehensive exploration program designed to further evaluate existing data while incorporating modern exploration techniques. This work will include geophysical surveys (IP-resistivity, magnetics, and radiometrics), geochemical programs (systematic surface rock sampling and hyperspectral airborne survey) and AI -driven data analysis. The objective of the integrated exploration program is to combine all past data with new, consistent, deposit-scale data in order to optimize drill targeting for programs planned later in 2026.