Arizona Copper and Gold Ltd.: Arizona Copper and Gold Agrees to Acquire Three Past-Producing Gold Mines on Patented Land

Toronto, Ontario--(Newsfile Corp. - February 20, 2025) - Arizona Copper and Gold Ltd (the "Company" or "ACG") is pleased to announce that it has entered into an agreement to a acquire a 100% interest in three past-producing gold mines (Sunol, Palo Alto, and Columbia) located on a 33-acre parcel of patented land (Figure 1), which are not subject to any royalties. The Company will also acquire two adjacent Bureau of Land Management ("BLM") claims which total 40 acres. The acquisition parcel is located within ACG's larger BLM claim package of 3,350 acres, which make up the Eagle Property (Figure 2). The Company plans to undertake a detailed sampling program of the accessible underground workings of the past-producing mines, as well as surface showings of mineralized veins.

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 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 Claims cover 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 Project. 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 Project, as well as numerous past-producing gold and VMS mines on or adjacent to the project. The Eagle Project 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 Project, 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 Project, 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 similar deposit.

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. Future work will include geophysical testing to further define mineralized trends, including airborne VTEM and ground-based resistivity and induced polarization tests. The acquisition announced today adds three past-producing mines on private land with water rights and an operating well. It is ideally located within our larger land package, and hosts a house suitable as an exploration base, as well as a large Quonset hut suitable for core storage when drilling commences. The Company intends to undertake a public-listing during 2025."

Figure 1. Eagle Project claims map displaying patented claims to be acquired (green) which host three past-producing mines (Palo Alto, Sunol, and Columbia mines)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11442/241740_800ff5fa9471abc0_001full.jpg

Figure 2. Eagle Project claims map displaying patented claims to be acquired (green) which host three past-producing mines (Palo Alto, Sunol, and Columbia mines) as well as BLM claims to be acquired (purple).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11442/241740_800ff5fa9471abc0_002full.jpg

Figure 3. Malachite veinlets in rubbly Tonalite (top); Malachite and azurite in tonalite (bottom left and middle), chalcopyrite in quartz vein (bottom right).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11442/241740_800ff5fa9471abc0_003full.jpg

Figure 4. Eagle Project Copper Zone displaying select high-grade copper and silver samples as well as neighbouring past-producers

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11442/241740_800ff5fa9471abc0_004full.jpg

Figure 5. Eagle Project claims map showing detailed geology as well at 12 historic past-producing gold mines

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11442/241740_800ff5fa9471abc0_005full.jpg

Table 1. Eagle Project 2024 Surface Sampling Results

Eagle Project 2024 Surface Sampling Results
Work_Order	Sample_ID	E_WGS84	N_WGS84	Elev	Station	Au (g/t)	Ag (g/t)	Cu (ppm)	Cu (%)	Zn (%)	Description
TU24292051	M413542	383742	3817841	1483	MC063	-0.01	255	284	0.0284	0.1365	Float of Fe-carb with quartz (vein?) Black FeOx, calcite, quartz.
TU24292063	M413601	380417	3815558	1640	MC177	-0.01	0.44	263	0.0263	0.0068	Dump pile.QVN with sericite veinlets
TU24292063	M413652	383253	3817591	1509	CS-032	-0.01	0.19	194	0.0194	0.0033	VEIN FLOAT GRAB
TU24292051	M413547	382999	3817756	1577	MC067	-0.01	117	190	0.019	0.511	Dump pile; no QVN, but lots of gossan with calcite veins
TU24292051	M413535	383402	3818149	1563	MC052	-0.01	142	158	0.0158	0.452	Near vertical, Epidote within wall rock and adjacent to the gossan.
TU24292063	M413651	383588	3817936	1501	CS-031	-0.01	35.4	148.5	0.0149	0.0575	VEIN FLOAT GRAB
TU24292063	M413661	383006	3815138	1483	JV-002	-0.01	0.12	117.5	0.0118	0.0023	VEIN FLOAT
TU24292063	M413686	383017	3815365	1489	JV-027	-0.01	0.32	117	0.0117	0.004	VEIN FLOAT
TU24292063	M413658	382298	3815322	1554	CS-040	-0.01	0.42	116	0.0116	0.0063	VEIN IN OUTCROP
TU24292063	M413667	381159	3816345	1568	JV-010	-0.01	0.06	75.6	0.0076	0.0006	VEIN FLOAT
TU24292051	M413551	383101	3816920	1497	MC076	-0.01	0.15	73.4	0.0073	0.0035	dump pike at extent of claim boundary
TU24292063	M413623	382398	3815408	1546	MC280	-0.01	0.27	71	0.0071	0.0023	QVN through basalt; magnetite-quartz vein in float
TU24292051	M413546	382945	3817749	1591	MC066	-0.01	40.2	66.3	0.0066	0.305	Dump pile QVN in gossan with FeOx
TU24292063	M413606	382885	3815972	1491	MC189	-0.01	0.02	64	0.0064	0.0029	QVN in outcrop.
TU24292063	M413703	380106	3818315	1729	JV-043	-0.01	0.32	61.9	0.0062	0.0033	VEIN FLOAT
TU24292063	M413639	383009	3815669	1468	CS-017	-0.01	0.03	61.4	0.0061	0.0018	VEIN IN OUTCROP
TU24292063	M413673	380326	3816510	1638	JV-016	-0.01	0.07	60.4	0.006	0.0019	VEIN FLOAT
TU24292063	M413697	383490	3817805	1504	JV-038	-0.01	0.09	60.3	0.006	0.0007	VEIN FLOAT
TU24292063	M413693	382656	3814733	1547	JV-034	-0.01	0.25	60	0.006	0.0014	VEIN FLOAT
TU24292063	M413641	382957	3815634	1479	CS-018	-0.01	0.04	58.2	0.0058	0.0089	VEIN INOUTCROP
TU24292063	M413646	382477	3814564	1620	CS-025	-0.01	0.13	46	0.0046	0.0047	VEIN FLOAT
TU24292063	M413638	383039	3815704	1468	CS-016	-0.01	0.01	45.1	0.0045	0.0012	VEIN FLOAT
TU24292063	M413642	382878	3815621	1484	CS-019	-0.01	0.01	43.5	0.0044	0.0007	VEIN IN OUTCROP
TU24292063	M413609	383377	3815579	1457	MC198	-0.01	0.31	40.6	0.0041	0.0033	Fissile slate at working. Many veins/veinlets along strike.
TU24292051	M413541	383420	3817834	1500	MC060	-0.01	0.92	36.2	0.0036	0.0078	QVN with red FeOx staining on fracture surfaces.
TU24292063	M413701	383443	3817501	1484	JV-041	-0.01	17.05	36.2	0.0036	0.1305	SMALL DIG. GOSIN
TU24292051	M413526	382762	3815305	1514	MC041	-0.01	0.12	34.5	0.0035	0.0067	Vein subcrop adjacent to thinly foliated wall rock.
TU24292063	M413690	382808	3815079	1490	JV-031	-0.01	0.37	33.9	0.0034	0.0006	VEIN FLOAT
TU24292051	M413588	380578	3816792	0	MC146	-0.01	0.05	29.5	0.003	0.0035	Vein pile
TU24292051	M413512	383299	3814812	1454	MC024	-0.01	0.11	26.5	0.0027	0.0033	Specular hematite, weak epidote. Extremely magnetic.
TU24292063	M413682	382650	3817522	1539	JV-024	-0.01	0.04	26.1	0.0026	0.0007	VEIN FLOAT
TU24292051	M413501	381190	3817323	1588	MC002	-0.01	0.3	24.5	0.0025	0.0015	Pit-vein in outcrop.
TU24292063	M413699	383419	3817632	1493	JV-040	-0.01	0.04	24.1	0.0024	0.0009	VEIN FLOAT IN DRAIN
TU24292051	M413537	383311	3818030	1546	MC055	-0.01	20.6	24	0.0024	0.104	Gossan vei
TU24292051	M413528	382849	3815428	1488	MC043	-0.01	0.03	23.4	0.0023	0.0019	QVN that is a small outcrop
TU24292063	M413616	383964	3817819	1476	MC227	-0.01	0.11	22.4	0.0022	0.0016	QVN float. Ori is foliation of adjacent unit
TU24292051	M413511	383305	3814827	1450	MC023	-0.01	0.17	18.4	0.0018	0.0036	QVN oxidized orange and red. No outcrop
TU24292063	M413676	382012	3816549	1534	JV-019	-0.01	0.06	18.1	0.0018	0.0037	VEIN FLOAT
TU24292063	M413629	380805	3816859	1608	CS-006	-0.01	0.08	18	0.0018	0.0004	VEIN FLOAT
TU24292063	M413657	382572	3815738	1501	CS-039	-0.01	0.17	17.7	0.0018	0.0027	VEIN FLOAT
TU24292063	M413685	383028	3815451	1475	JV-026	-0.01	0.06	16.8	0.0017	0.0047	VEIN FLOAT
TU24292063	M413707	382709	3815843	1484	JV-047	-0.01	0.04	16.8	0.0017	0.0008	VEIN FLOAT
TU24292063	M413617	380897	3817522	1553	MC236	-0.01	0.03	16.1	0.0016	0.0168	Basalt outcrop with pyrite cubes
TU24292063	M413636	383106	3815816	1462	CS-014	-0.01	0.01	15.3	0.0015	0.0011	VEIN FLOAT
TU24292063	M413691	382762	3814991	1497	JV-032	-0.01	0.1	14.1	0.0014	0.0053	VEIN FLOAT
TU24292051	M413502	381466	3817388	1572	MC004A	-0.01	0.09	13	0.0013	0.001	Mineralized wall rock with sericite from dump pile
TU24292051	M413525	382779	3815250	1502	MC040	-0.01	0.08	12.6	0.0013	0.001	Vein float
TU24292063	M413605	382923	3816043	1485	MC188	-0.01	0.02	12.5	0.0013	0.0089	QVN in outcrop.
TU24292063	M413637	383059	3815738	1471	CS-015	-0.01	0.01	12.1	0.0012	0.0028	VEIN IN OUTCROP
TU24292051	M413508	383033	3815735	1473	MC017	-0.01	0.04	11.8	0.0012	0.0019	quartz lens within metatuff
TU24292051	M413527	382766	3815349	1509	MC042	-0.01	0.03	11.5	0.0012	0.0012	QVN in subcrop
TU24292063	M413634	380266	3815491	1632	CS-012	-0.01	0.06	11.5	0.0012	0.0008	S55 D75 VEIN IN OUTCROP
TU24292063	M413687	382916	3815342	1491	JV-028	-0.01	0.07	10.9	0.0011	0.0014	VEIN FLOAT
TU24292063	M413662	383433	3817857	1497	JV-003	-0.01	0.06	10.7	0.0011	0.001	VEIN FLOAT
TU24292063	M413668	380711	3816781	1613	JV-011	-0.01	0.07	10.7	0.0011	0.0008	VEIN FLOAT
TU24292051	M413504	383138	3815900	1461	MC009	-0.01	0.01	10.6	0.0011	0.0059	2 quartz lenses within thinly foliated meta-tuff.
TU24292051	M413509	383372	3814912	1445	MC018	-0.01	0.2	10.6	0.0011	0.008	QVN float pile, with copper pitch and intensely oxidized
TU24292063	M413706	382801	3815913	1471	JV-046	-0.01	0.03	10.4	0.001	0.0004	VEIN OUTCROP.
TU24292063	M413608	383323	3815629	1466	MC197	-0.01	0.01	10.2	0.001	0.0011	QVN outcrop in fissile shale. 10 cm wide, variable width,gray
TU24292063	M413715	380819	3815547	1578	MC337	-0.01	0.1	10.2	0.001	0.016	QVN float in drainage
TU24292051	M413507	383083	3815780	1463	MC015	-0.01	0.04	10.1	0.001	0.0057	White milky QVN; large boulder-size quartz float
TU24292063	M413681	380236	3815271	1630	JV-023	-0.01	0.15	10	0.001	0.0017	VEIN FLOAT
TU24292051	M413549	382490	3817794	1572	MC074	-0.01	1.54	9.4	0.0009	0.0102	QVN float on hillside
TU24292063	M413704	380001	3818426	1789	JV-044	-0.01	0.03	9.3	0.0009	0.0005	VEIN FLOAT
TU24292051	M413577	381202	3816410	1561	MC121	-0.01	0.26	9.1	0.0009	0.0058	Thin vein in tonalite outcrop
TU24292063	M413669	380727	3816701	1603	JV-012	-0.01	0.03	9.1	0.0009	0.0007	VEIN FLOAT
TU24292063	M413610	383421	3815534	1447	MC199	-0.01	0.01	8.9	0.0009	0.0008	QVN outcrop
TU24292063	M413719	381153	3815725	1560	MC344	-0.01	0.17	8.9	0.0009	0.0076	20 cm wide parallel vein structure w Feox
TU24292063	M413664	380274	3816440	1632	JV-006	-0.01	0.05	8.8	0.0009	0.0024	VEIN FLOAT / DUMP
TU24292063	M413656	382686	3815842	1489	CS-038	-0.01	0.02	8.7	0.0009	0.0006	S45 D VEIN IN OUTCROP
TU24292063	M413611	383541	3815354	1458	MC202	-0.01	0.03	8.5	0.0009	0.0011	QVN float pile next to QVN in outcrop.
TU24292063	M413702	380975	3817934	1570	JV-042	-0.01	0.08	7.7	0.0008	0.0072	VEIN OUTCROP
TU24292051	M413530	382869	3815637	1482	MC045	-0.01	0.01	7.4	0.0007	0.0007	Wall rock adjacent to crumbled vein in place
TU24292051	M413506	383081	3815980	1475	MC012	-0.01	0.02	7.3	0.0007	0.0029	Vein in outcrop; crosscuts foliation
TU24292063	M413670	380699	3816615	1620	JV-013	-0.01	0.07	7.3	0.0007	0.0007	VEIN FLOAT
TU24292063	M413679	380297	3815272	1621	JV-022	-0.01	0.02	7.2	0.0007	0.0049	VEIN
TU24292051	M413532	384019	3818183	1479	MC047	-0.01	0.04	6.5	0.0007	0.0005	oxidized vein.
TU24292063	M413683	383059	3815617	1461	JV-024B	-0.01	0.02	6.3	0.0006	0.0015	VEIN FLOAT -IN DRAIN
TU24292051	M413575	381181	3816315	1571	MC117	-0.01	0.03	6.2	0.0006	0.0006	QVN pile/float. Pyrite in fractures of QVN.
TU24292051	M413529	382852	3815612	1487	MC044	-0.01	0.01	5.6	0.0006	0.0007	Wide QVN with some magnetite and alteration.
TU24292063	M413635	380358	3815539	1637	CS-013	-0.01	0.02	5.4	0.0005	0.0007	VEIN FLOAT
TU24292063	M413607	382895	3815990	1479	MC190	-0.01	0.01	5.1	0.0005	0.0025	Vein outcrop
TU24292051	M413583	381126	3817080	1586	MC135	-0.01	0.04	4.9	0.0005	0.002	QVN float in gabbro.
TU24292051	M413550	382610	3817682	1543	MC075	-0.01	0.34	4.8	0.0005	0.0037	Large QVN ~2m wide.
TU24292051	M413539	383420	3817817	1501	MC059	-0.01	1.7	3.9	0.0004	0.0071	QVN pile within in drainage.
TU24292063	M413614	383588	3815239	1474	MC208	-0.01	0.01	3.8	0.0004	0.0003	QVN in outcrop above series of pits.
TU24292051	M413592	380137	3816434	1654	MC152	-0.01	0.03	3.7	0.0004	0.0012	vein
TU24292051	M413531	383031	3815852	1450	MC046	-0.01	0.01	3.6	0.0004	0.0011	Milky QVN
TU24292063	M413630	380673	3816819	1623	CS-007	-0.01	0.03	3.6	0.0004	0.0008	VEIN FLOAT
TU24292051	M413586	380648	3816793	1628	MC143	-0.01	0.07	3	0.0003	0.0011	Vein in outcrop
TU24292051	M413585	380844	3816887	1620	MC138	-0.01	0.03	2.8	0.0003	0.0005	QVN float pile
TU24292063	M413631	380542	3816739	1619	CS-008	-0.01	0.03	2.7	0.0003	0.0007	VEIN FLOAT
TU24292063	M413615	382774	3816256	1485	MC217	-0.01	0.01	2.6	0.0003	0.0002	QVN float
TU24292063	M413677	380803	3815579	1566	JV-020	-0.01	0.04	2.4	0.0002	0.0003	VEIN FLOAT
TU24292051	M413587	380637	3816796	1629	MC144	-0.01	0.03	2.3	0.0002	0.0008	vein in outcrop.
TU24292063	M413602	380473	3815564	1640	MC178	-0.01	0.01	2.3	0.0002	0.001	Large pit with water in the bottom.
TU24309427	M413725	383561	3815737	1444	MC383	0.01	0.08	816	0.0816	0.0034	Continuous QVN in pit
TU24292063	M413663	382722	3816854	1536	JV-005	0.01	0.54	695	0.0695	0.0043	VEIN FLOAT
TU24292063	M413650	382780	3814670	1508	CS-030	0.01	0.37	304	0.0304	0.0017	VEIN FLOAT
TU24292051	M413513	382997	3814459	1520	MC026	0.01	0.22	300	0.03	0.0018	QVN float within sparse float.
TU24292051	M413503	381466	3817388	1572	MC004B	0.01	0.24	288	0.0288	0.0052	QVN with sericite crosscutting veins; from dump pile
TU24292063	M413698	383427	3817732	1510	JV-039	0.01	0.48	189.5	0.019	0.0008	VEIN FLOAT
TU24292063	M413625	382875	3815480	1488	CS-002	0.01	0.4	167	0.0167	0.0006	Large Vein
TU24309427	M413724	383712	3815706	1419	MC380	0.01	0.06	153.5	0.0154	0.006	QVN
TU24292063	M413645	382565	3815134	1538	CS-024	0.01	2	122	0.0122	0.0106	VEIN FLOAT
TU24309427	M413746	381389	3815714	1565	MC566	0.01	0.52	116	0.0116	0.0341	Clay alteration
TU24292051	M413534	383420	3818175	1565	MC051	0.01	250	112.5	0.0113	1.16	Black gossan with distal epidote. Oxidized sulfide
TU24292063	M413621	382673	3815718	1493	MC273	0.01	0.3	105.5	0.0106	0.0014	Outcrop
TU24292051	M413515	382918	3814356	1523	MC027B	0.01	0.13	92.3	0.0092	0.0214	stratiform, syngenetic mineralization Exhalite
TU24309427	M413721	383567	3814723	1447	MC350	0.01	0.7	87.7	0.0088	0.0012	QVN along foliation
TU24292063	M413714	381141	3815338	1676	MC319	0.01	0.27	86.8	0.0087	0.0021	small outcrop and float pile of basalt with some more QVN
TU24292051	M413514	382918	3814356	1523	MC027A	0.01	0.23	79.5	0.008	0.0081	Vein in working
TU24292051	M413543	382814	3817664	1559	MC064	0.01	59.2	75.9	0.0076	0.338	Gossan/FeOx on surface with limonite.
TU24309427	M413763	381380	3815747	1567	MC692	0.01	1.5	74.5	0.0075	0.0747	shear zone right above adit
TU24292063	M413644	382577	3815369	1514	CS-023	0.01	0.45	74.3	0.0074	0.0128	WORKING PIT
TU24309427	M413726	383594	3815788	1438	MC385	0.01	0.03	51.1	0.0051	0.0013	QVN continuous; greenschist
TU24309427	M413727	381212	3816284	0	MC418	0.01	0.04	48.9	0.0049	0.0017	Dark gray quartz+biotite+magnetite+pyrite vein.
TU24292051	M413510	383325	3814911	1446	MC020	0.01	0.13	46.4	0.0046	0.0031	3ft wide vein zone interspersed within Mv unit. Oxidized at surface
TU24309427	M413757	385628	3814417	1515	MC642B	0.01	0.02	45.6	0.0046	0.0012	QVN with red hematite, wall rock inclusions. Lots of chlorite
TU24292063	M413716	380830	3815518	1592	MC338	0.01	0.52	42.4	0.0042	0.0074	quartz-magnetite vein float
TU24309427	M413731	384573	3816609	1383	MC437	0.01	0.06	42.2	0.0042	0.002	Red (old) QVN containing white (new) QVN. Sampled red QVN
TU24292051	M413555	382542	3816486	1495	MC085	0.01	1.61	41.9	0.0042	0.0069	QVN lens with rhombohedral quartz within foliated tuff
TU24292051	M413505	383089	3815974	1473	MC011	0.01	0.02	29.5	0.003	0.0033	Float sample of oxidized vein; lots of vein float along trend
TU24292063	M413655	382751	3815896	1475	CS-037	0.01	0.06	27.5	0.0028	0.0143	VEIN IN OUTCROP
TU24292063	M413709	382798	3815529	1476	CS-020	0.01	0.05	24	0.0024	0.0012	VEIN IN OUTCROP
TU24292063	M413613	383559	3815210	1471	MC206	0.01	0.01	20.1	0.002	0.0031	2 pits just above MC205. Same mineralization as MC204.
TU24292063	M413612	383532	3815174	1459	MC204	0.01	0.06	19.9	0.002	0.0077	Large working w/ 2 pits. QVN with some gossan.
TU24309427	M413733	384722	3817615	1425	MC449	0.01	0.04	19.8	0.002	0.0027	QVN outcrop with wallrock schist included.
TU24309427	M413762	382974	3815193	1499	MC690	0.01	0.02	19.8	0.002	0.0041	Same as above, this feature is linear to the North for a while
TU24292063	M413654	382816	3815923	1472	CS-036	0.01	0.05	18.6	0.0019	0.0008	VEIN FLOAT
TU24309427	M413732	384592	3816855	1427	MC444	0.01	0.04	16.6	0.0017	0.001	Young QVN through old QVN
TU24309427	M413751	381408	3815315	1663	MC610	0.01	4.05	16.2	0.0016	0.0633	Clay altered rock with limonite fractures on small dump pile.
TU24309427	M413730	384249	3816624	1428	MC429	0.01	0.04	15.8	0.0016	0.0015	Vein with schistose wallrock
TU24309427	M413736	385652	3813182	1486	MC473	0.01	0.01	15.3	0.0015	0.0005	BIF with magnetic veinetes and coarse grained magnetic nodules
TU24292063	M413618	380815	3817781	1575	MC239	0.01	0.13	15	0.0015	0.0155	QVN metamorphosed. Black surface oxidation, mostly quartz, intense FeOx
TU24292063	M413718	381155	3815734	1568	MC343	0.01	0.2	15	0.0015	0.0077	wide QVN with FeOx.
TU24292051	M413548	382877	3817933	1596	MC071	0.01	0.99	11.1	0.0011	0.01	QVN in float with FeOx. Next to black chert with QVN.
TU24292063	M413684	383072	3815536	1472	JV-025	0.01	0.01	11	0.0011	0.0021	VEIN FLOAT
TU24292063	M413675	379785	3816119	1690	JV-018	0.01	0.2	10.6	0.0011	0.0033	VEIN FLOAT
TU24292063	M413713	381219	3815298	1681	MC316	0.01	0.27	9.8	0.001	0.003	Completely white, opaque, fine grained crystals in dyke/sill
TU24292051	M413584	381030	3817023	1595	MC136	0.01	0.08	8.6	0.0009	0.0008	QVN float pile
TU24292051	M413599	380324	3815438	1602	MC176	0.01	0.08	7.5	0.0008	0.0047	Lots of QVN float with large float piece
TU24292063	M413672	380541	3816523	1634	JV-015	0.01	0.04	7.3	0.0007	0.0029	VEIN FLOAT
TU24292063	M413604	382950	3816073	1492	MC187	0.01	0.01	5.6	0.0006	0.0006	Quartz vein
TU24292051	M413567	380419	3816406	1630	MC102	0.01	0.11	5.1	0.0005	0.0029	QVN pile in float near "vein line"
TU24292063	M413603	380483	3815609	1644	MC179	0.01	0.03	4.2	0.0004	0.0004	Quartz vein
TU24292051	M413536	383387	3818121	1561	MC054	0.01	78.9	4	0.0004	0.274	Gossan vein with Iron King type mineralization.
TU24309427	M413737	384470	3814271	1503	MC489	0.01	0.02	3.7	0.0004	0.0017	BIF outcrop
TU24292051	M413591	380434	3816752	1606	MC149	0.01	0.04	3.7	0.0004	0.0015	Tonalite outcrop
TU24292051	M413576	381171	3816359	1572	MC118	0.01	0.04	3.3	0.0003	0.0009	Quartz vein with FeOx, no pyrite
TU24292051	M413522	382846	3814791	1488	MC036	0.02	1.02	652	0.0652	0.0013	quartz-epidote-garnet float
TU24292063	M413689	382895	3815142	1484	JV-030	0.02	2.57	466	0.0466	0.0045	VEIN FLOAT
TU24292051	M413519	382594	3814444	1605	MC032	0.02	0.24	379	0.0379	0.0071	;continuous vein with magnetite sampled.
TU24309427	M413735	385235	3813950	1482	MC462	0.02	0.18	129	0.0129	0.014	Foliated basalt with fine grained disseminated pyrite in veins
TU24292063	M413628	380826	3816595	1595	CS-005	0.02	2.62	117.5	0.0118	0.0012	VEIN FLOAT GRAB
TU24309427	M413761	380298	3817073	1632	MC665	0.02	0.13	80.5	0.0081	0.0015	Silicified metatuff with BIF veins
TU24309427	M413744	381467	3815691	1572	MC563	0.02	0.3	70.7	0.0071	0.0203	Altered clast in Xab1
TU24309427	M413750	381210	3816262	1565	MC600	0.02	0.18	49.3	0.0049	0.0032	Abundant black QVN float. Magnetic and Feox surfaces
TU24309427	M413747	381376	3815749	1560	MC567	0.02	0.82	36	0.0036	0.038	Foliation next to shaft. Limonite veins.
TU24292051	M413564	380027	3816157	1693	MC096	0.02	0.33	29.6	0.003	0.0068	Quartz vein
TU24292063	M413626	381280	3816293	1547	CS-003	0.02	0.12	23.4	0.0023	0.0005	LARGE FLOAT GRAB
TU24309427	M413739	382144	3816521	1516	MC494	0.02	0.04	18.2	0.0018	0.0014	Dark gray chert layer.
TU24309427	M413729	384272	3816664	1428	MC428	0.02	0.03	18	0.0018	0.0015	QVN outcrop in roadcut. 4 veins along foliation.
TU24309427	M413734	384976	3814212	1439	MC458	0.02	0.34	18	0.0018	0.0092	Hydrothermally altered wallrock ~3m wide zone,
TU24292063	M413665	380873	3816498	1584	JV-008	0.02	0.09	13.8	0.0014	0.001	VEIN FLOAT
TU24292051	M413589	380533	3816796	1620	MC147	0.02	0.33	10	0.001	0.0056	Working/dump with lots of QVN float and some in outcrop
TU24292051	M413545	382885	3817702	1586	MC065	0.03	344	1425	0.1425	3.11	Sample from dump
TU24292063	M413688	382885	3815245	1486	JV-029	0.03	2.16	382	0.0382	0.0117	VEIN FLOAT
TU24309427	M413755	384276	3814406	1479	MC623	0.03	0.13	135	0.0135	0.0124	Mine shaft in hydrothermally altered rocks.
TU24292051	M413574	381211	3816303	1561	MC116	0.03	0.2	126.5	0.0127	0.0015	Small pit; Highly silicified quartz-rock in FeOx.
TU24292051	M413594	379872	3816165	1694	MC155	0.03	0.95	21.9	0.0022	0.0008	Vein in road. Samples
TU24292063	M413633	380037	3816332	1658	CS-010	0.03	0.37	8	0.0008	0.0099	VEIN FLOAT
TU24292051	M413573	381198	3816269	1556	MC115	0.03	0.03	2.7	0.0003	0.0019	QVN float with pyrite
TU24292051	M413533	383478	3818238	1555	MC050	0.04	764	386	0.0386	1.035	Dump pile. QVN with FeOx cavities.
TU24292051	M413590	380515	3816728	1617	MC148	0.04	0.65	12.8	0.0013	0.0088	Extremely weathered and thinly foliated outcrop
TU24292051	M413597	381074	3815833	1592	MC168	0.04	0.05	6.9	0.0007	0.0007	Samples QVN and epidote
TU24292051	M413568	380473	3816383	1623	MC103	0.04	0.06	3.4	0.0003	0.0017	QVN pile
TU24292063	M413659	383046	3815038	1476	JV-001	0.05	2.06	693	0.0693	0.0038	Quartz vein
TU24292063	M413708	379901	3816263	1694	CS-011	0.05	2	31.9	0.0032	0.0047	VEIN FLOAT
TU24292051	M413557	382323	3816502	1526	MC087	0.05	1.46	19.3	0.0019	0.0217	QVN float along old trail/powerline road. Large quartz float ~2ft wide
TU24292063	M413712	381480	3815602	1610	MC312	0.06	1.74	67.9	0.0068	0.0798	QVN with wall rock included
TU24309427	M413723	382845	3814800	1496	MC359	0.07	0.51	670	0.067	0.0023	outcrop w/ crenulations
TU24292051	M413558	382776	3816880	1527	MC089	0.07	2.9	541	0.0541	0.0217	QVN in roadcut.
TU24292051	M413524	382714	3815101	1506	MC039	0.07	1.28	327	0.0327	0.0021	QVN with FeOx and epidote. T
TU24292051	M413554	382669	3816541	1501	MC084	0.07	11.05	174.5	0.0175	0.358	Small working. QVN oxidized with copper pitch.
TU24292051	M413538	383287	3818001	1540	MC056	0.08	81.4	265	0.0265	0.873	Gossan vein. Pit with drag structures.
TU24292063	M413678	380403	3815318	1601	JV-021	0.08	0.06	9.1	0.0009	0.0017	VEIN
TU24309427	M413745	381454	3815661	1576	MC564	0.09	1.36	109.5	0.011	0.04	Excavated area - clay alteration and QVN
TU24292063	M413711	381220	3815480	1652	MC309	0.09	0.9	87.3	0.0087	0.116	Xab1 host rock. Intensely altered to green-white (epidote-chl-quartz)
TU24292051	M413582	380967	3816253	1590	MC130	0.11	0.29	23.4	0.0023	0.0011	Quartz pile with lots of vein. No sulfide, some FeOx
TU24309427	M413749	381217	3816261	1563	MC599	0.13	0.38	67.9	0.0068	0.0431	Vein/alteration structure
TU24292063	M413696	383926	3818115	1484	JV-037	0.16	15.2	6460	0.646	0.0007	VEIN FLOAT
TU24292051	M413516	382740	3814262	1550	MC028	0.16	4.61	4160	0.416	0.0115	Dump pile. Dark gray, black stratified rock.
TU24292051	M413544	382885	3817702	1586	MC065	0.16	96.9	98	0.0098	0.724	Large mine dump pile and large pit. Gossan vein sampled
TU24309427	M413742	380400	3818730	1687	MC537	0.17	1.37	67.3	0.0067	0.0051	Granite contact; small amount of pyrite in gtz in granite.
TU24292063	M413643	382647	3815414	1509	CS-021	0.21	157	6330	0.633	0.505	WORKING PIT
TU24292051	M413523	383035	3815086	1473	MC038	0.21	0.57	154	0.0154	0.0043	Epidote in QVN within foliated andesite wallrock
TU24292063	M413632	380280	3816509	1642	CS-009	0.21	3.43	47.9	0.0048	0.0473	VEIN FLOAT
TU24292063	M413624	382712	3814662	1540	CS-001	0.22	2	4370	0.437	0.0101	DUMP PILE GRAB
TU24292051	M413521	382640	3814526	1569	MC034	0.22	0.4	2320	0.232	0.0073	Grab samples from dump.
TU24309427	M413754	384098	3814327	1458	MC622	0.22	0.59	371	0.0371	0.0958	Outcrop
TU24292051	M413581	380906	3816541	1585	MC129	0.26	3.12	154	0.0154	0.0027	Working/dump pile in the tonalite
TU24309427	M413752	381377	3815455	1620	MC613	0.27	2.78	145	0.0145	0.126	Altered rocks with Feox and limonite fractures
TU24292063	M413619	380392	3817999	1635	MC249	0.27	2.25	41.9	0.0042	0.0045	Very deep hole. Hosted in white quartz-sericite granite/QVNs
TU24309427	M413753	384075	3814358	1462	MC621	0.33	0.7	35.2	0.0035	0.0013	outcrop of silicified vein
TU24309427	M413759	382538	3814349	1607	MC653	0.34	4.26	11950	1.195	0.0049	Sample is of vein outcrop in pit and malachite float.
TU24309427	M413743	381608	3815911	1476	MC561	0.34	1.55	85.7	0.0086	0.011	Outcrop above old mine working
TU24292051	M413563	379902	3816113	1687	MC095	0.38	19.8	183	0.0183	0.202	sample of QVN next to pit.
TU24292063	M413671	380610	3816625	1621	JV-014	0.38	0.2	123.5	0.0124	0.001	VEIN FLOAT
TU24292063	M413648	382383	3814438	1601	CS-028	0.39	54.3	38100	3.81	0.0562	WORKING PIT GRAB
TU24292063	M413695	382401	3814291	1550	JV-036	0.48	4.27	6660	0.666	0.0036	VEIN FLOAT
TU24292051	M413552	382959	3816814	1499	MC079	0.49	150	2960	0.296	1.765	Significant gossan in float.
TU24292063	M413674	379989	3816302	1673	JV-017	0.5	7.42	79.1	0.0079	0.0065	VEIN FLOAT
TU24292063	M413627	381111	3816499	1571	CS-004	0.67	0.33	11.8	0.0012	0.0006	DIG PIT QUARTZ GRAB
TU24292051	M413598	380283	3815249	1633	MC175	0.69	32.9	2760	0.276	2.17	outcrop with malachite, FeOx, sulfide (pyrite). Large pit and dump pile.
TU24292063	M413717	381201	3815785	1563	MC341	0.7	14.55	683	0.0683	0.141	Large outcrop in drainage.
TU24292051	M413595	379874	3816243	1700	MC156	0.79	4.65	29.5	0.003	0.0029	Sampled vein across width in working/pit
TU24292063	M413705	380675	3817709	1572	JV-045	0.93	0.1	15.6	0.0016	0.0039	SMALL DIG WITH VEIN FLOAT
TU24292063	M413622	382634	3815732	1494	MC274	0.96	20.5	4140	0.414	0.0086	Veins running through host rock.
TU24292051	M413517	382685	3814323	1578	MC029	0.98	8.27	29700	2.97	0.0337	Malachite vein lobe in wall rock.
TU24292051	M413561	382841	3816867	1508	MC091	0.98	124	1735	0.1735	10.8	Near dump pile along trend. Float of gossan vein with malachite and pyrite.
TU24292051	M413596	382008	3816471	1526	MC160	0.99	0.98	26.9	0.0027	0.0338	ample from dump pile
TU24292063	M413649	382576	3814079	1525	CS-029	1.04	14.05	9830	0.983	0.0085	WORKING PIT GRAB
TU24292051	M413559	382790	3816871	1523	MC090	1.09	53	347	0.0347	5.93	Dump pile just below road. FeOx gossan and QVN. FeOx stockwork
TU24309427	M413722	383157	3814747	1468	MC355	1.11	7.51	17150	1.715	0.0141	float with malachite
TU24309427	M413756	385216	3815075	1389	MC626	1.19	0.04	9.2	0.0009	0.0012	Stretching lineation on foliation plane chl schist. 85* stretching lineation
TU24292063	M413647	382410	3814504	1619	CS-026	1.22	450	45200	4.52	0.0576	WORKING PIT GRAB MALACHITE
TU24292063	M413710	380565	3815363	1594	MC297	1.22	37.3	258	0.0258	1.71	QVN with sulfur, pyrite.
TU24292063	M413666	381243	3816169	1576	JV-009	1.28	7.24	1460	0.146	0.0048	VEIN FLOAT
TU24309427	M413758	382580	3814071	1527	MC648	1.56	15.25	14250	1.425	0.0099	Sampled dump pile
TU24309427	M413738	384510	3814612	1461	MC491	1.67	3.85	1225	0.1225	0.0696	Sampled red altered wall rock with QVN and black vesicular mineralization.
TU24292063	M413692	382661	3814849	1537	JV-033	2.15	75.1	29200	2.92	0.033	DUMP PILE
TU24292063	M413653	380350	3817924	1612	CS-035	2.15	4.53	52.6	0.0053	0.0131	WORKING PILE
TU24292051	M413553	382913	3816798	1501	MC080	2.44	234	4560	0.456	0.635	1m x 3m vertical hole.
TU24292051	M413562	379655	3816254	1638	MC094	2.44	6.02	134.5	0.0135	0.0925	Vein from dump just below mine opening.
TU24292051	M413593	380007	3816219	1704	MC154	2.57	99	10	0.001	0.012	Working/dump pile. QVN outcrop in pit.
TU24292051	M413518	382592	3814367	1610	MC031	2.85	0.87	5640	0.564	0.0089	Dump pile. Malachite, oxidized QVN w/ magnetite.
TU24292051	M413566	380352	3816443	1645	MC099	2.85	1.94	25	0.0025	0.0088	Pit; very deep hole. Veins width undulates, is wide at pit.
TU24292051	M413565	380066	3816318	1671	MC097	3.35	2.54	74.3	0.0074	0.049	Rhyolite tuff wallrock. Old mine, diagonal shaft.
TU24292051	M413579	380962	3816633	1577	MC126	4.76	1.29	16.4	0.0016	0.001	Small working with QVN float.
TU24309427	M413748	381221	3815763	1555	MC579	5.63	55	1365	0.1365	0.251	Alteration and mineralized float.
TU24292051	M413556	382472	3816433	1503	MC086	6.01	200	1725	0.1725	1.995	Old working/pit. Thin veinlet fracture fill and lots of sulfide.
TU24292051	M413570	380725	3816461	1600	MC107	6.15	1.56	18	0.0018	0.0087	Small dump pile. QVN with FeOx fractures
TU24292051	M413572	380396	3816484	1641	MC112	6.61	3.01	14	0.0014	0.0222	Dump pile with little sulfide in vugs in rhyolite, small veins
TU24309427	M413728	380675	3816301	0	MC425	8.61	2.09	26.7	0.0027	0.0082	quartz-pyrite veinlets through Kt.
TU24292051	M413571	380761	3816488	1598	MC108	11.2	2.67	8.9	0.0009	0.0017	Sulfide-pyrite in QVN and in wallrock. Red FeOx in fractures and sulfur.
TU24292051	M413569	380681	3816422	1599	MC106	23.6	12.3	78.8	0.0079	0.0128	Dump pile and working.
TU24292063	M413694	382495	3814451	1582	JV-035	29.4	653	276000	27.6	0.0132	DUMP PILE
TU24292051	M413578	381066	3816664	1574	MC124	91.7	61.2	4290	0.429	0.0095	Huge dump pile. Wall rock with sulfide. Lots of sulfur on surfaces
TU24309427	M413741	381159	3818990	1565	MC519	138	730	5030	0.503	0.0019	QVN 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.

Not for distribution to US newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States

Marc Pais
Chairman and Director
Arizona Copper and Gold Ltd.
[phone]
[e-mail]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241740

SOURCE: Arizona Copper and Gold Ltd.