Arizona Eagle Mining is advancing a high-grade gold exploration strategy in Arizona, anchored by the historic McCabe mine, as it prepares to list on the TSX Venture Exchange under the ticker AZEM. The company recently completed a reverse takeover with Core Nickel, gaining a public listing and additional critical mineral assets, but its primary focus remains firmly on gold in Arizona.
The McCabe project offers a strong starting point, with a historical resource of roughly 880,000 ounces of gold at high grades, alongside significant silver credits. While not NI 43-101 compliant, the deposit benefits from extensive past production, underground development, and historical data compiled from previous operators, giving the company confidence as it moves to validate and expand the resource.
Arizona Eagle has launched a 5,000-meter drill program aimed initially at confirming the historical resource, with plans to step out and test extensions along strike and at depth. The company controls a significantly expanded land package of nearly 5,000 acres, including multiple parallel and perpendicular structures that could support a much larger mineralized system. Management sees potential for a multi-million-ounce gold deposit, driven by high grades, district-scale geology, and the opportunity to capture additional ounces using lower cutoff grades in today’s higher gold price environment. Success will hinge on demonstrating that mineralization remains open in all directions and can be meaningfully expanded through drilling.
To learn more about Arizona Eagle Mining, visit: www.arizonaeaglemining.com/
00:00 - Introduction
02:30 - Dual-asset strategy: Arizona gold focus and Manitoba nickel optionality
05:45 - Acquisition of the McCabe mine and land consolidation strategy
07:30 - Expansion to a 5,000-acre district-scale land package
08:30 - Advantages of private land and permitting in Arizona
09:15 - Existing infrastructure and underground development at McCabe
10:30 - Historical production, feasibility work, and remaining resource potential
15:00 - District-scale potential across multiple structures
16:00 - Current 5,000-meter drill program and initial objectives
18:00 - Strategy: confirm historical resource vs. step-out expansion drilling
20:00 - Potential to increase ounces by lowering cutoff grade
22:00 - Exploration upside: multi-million-ounce potential framework
26:30 - Future financing strategy and potential for additional drill rigs
28:00 - Manitoba nickel assets and longer-term development outlook
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Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.
