Richard warke
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Arizona Mining Inc. is a Vancouver-based mineral exploration and development company and subsidiary of the Augusta Group of Companies, a conglomerate of public and private companies that includes Arizona Mining, Catalyst Copper and Armor Minerals.
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Richard warke
- 1. Richard Warke, Arizona Mining, Hermosa Property
- 2. Arizona Mining Inc. is a Vancouver-based mineral exploration and development company and subsidiary of the Augusta Group of Companies, a conglomerate of public and private companies that includes Arizona Mining, Catalyst Copper and Armor Minerals. Arizona Mining is currently focused on developing a project located in Santa Cruz County, Arizona called the Hermosa Project. The Hermosa Project is targeting specifically the Taylor Deposit, a lead-zinc-silver carbonate replacement deposit that has an estimated resource threshold of 39.4 million tonnes in the Inferred Mineral Resource category. The Taylor Deposit also has an 11 percent zinc equivalent grading ‘ZnEq’ utilizing a 6 percent ZnEq cut-off grade calculated in accordance with NI 43-101 guidelines.
- 3. Arizona Mining’s Taylor Deposit, which remains open to the north, south and west, will be strategically and thoroughly drilled to test the limits of the resource. Arizona Mining recently completed metallurgical test work on drill core from the Taylor Deposit using industry standard froth flotation processing technology. The testing projects overall recoveries of 92.9 percent Pb, 85.5 percent Zn and 91 percent Ag.
- 4. As part of the Taylor Deposit’s exploration, Arizona Mining conducted and completed 25 surface diamond drill holes, targeting the carbonate replacement zinc-lead-silver sulfide mineral resource. The Taylor Deposit is the down-dip sulfide extension of the Company’s silver-manganese Hermosa Central Manto Oxide Project. The testing and drilling done by Arizona Mining has revealed significant zinc-lead-silver sulfide mineralization opportunities on the property.
- 5. In 2013, Arizona Mining also conducted a pre-feasibility study at Hermosa. The study was aimed at ascertaining the depth and resource level of Hermosa’s central deposit of silver- manganese manto oxide. Arizona Mining and its parent company, The Augusta Group, are owned and operated by mining and resource industry veteran Richard Warke. Richard Warke has a long reputation of developing successful resource companies. One of his previous companies, Augusta Resource Corporation, sold for $666 million, while Richard Warke’s Ventana Gold Corporation sold for $1.53 billion in 2011.
- 6. Both currently and in the past, Arizona Mining supports a number of organizations, which include: The Santa Cruz County 4H club, Nogales High School Hall of Fame, Rio Rico Little League, Cross Roads Mission, Charlie Mingus Foundation, Nogales UofA Alumni Association, Santa Cruz County Community Foundation, Santa Cruz River Valley Friends of the NRA, Nogales Chamber of Commerce, Santa Cruz County Teacher of the Year Program and the Arizona Mexico Commission.
- 7. In addition to offering community-based support, Arizona Mining is also environmentally focused, with a mandate of ensuring that the company use best practices and green technology when available.