Arizona Eagle breathing new life in past-producing McCabe mine

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 __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - / kitcomining LinkedIn - / kitco-mining Facebook - / kitcomining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.