# Arizona Metals Announces 2025 Mineral Resource Estimate for Kay Mine Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e Original source: https://money.tmx.com/en/quote/AMC/news/7261492474422618/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project Publisher: tmx Original announcement: 2025-06-30T10:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Arizona Metals Corp. - Ticker: AMC - Exchange: TSX - Region: Arizona - Primary commodity: Copper - Secondary commodities: Gold, Silver, Lead, Zinc - Document categories: Resource update - Extracted: 2026-09-15 11:15:16 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Arizona Metals has announced its first Mineral Resource Estimate for the Kay Mine Project in Arizona, reporting 9.28 Mt of Indicated resources at 3.18% CuEq. The project is a steeply dipping VMS deposit that remains open for expansion at depth and along strike. Reasoning: The announcement of an initial Mineral Resource Estimate for a VMS project is a major de-risking milestone. The resource shows strong grades and high geological confidence \(Indicated\) for a maiden estimate. - Positive factor: Maiden resource establishment - Positive factor: High-grade polymetallic profile - Positive factor: QP/CP sign-off and NI 43-101 compliance - Positive factor: Robust QA/QC disclosure - Positive factor: Open for expansion at depth and strike Facts used in scoring: 12 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: The announcement states this is an 'initial Mineral Resource Estimate' for the Kay Mine Project. Evidence · text > initial Mineral Resource Estimate \("MRE"\) **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource was estimated by a Qualified Person as defined by NI 43-101. Evidence · text > independent Qualified Person as defined by NI 43-101 **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release includes detailed QA/QC protocols, including blind standards and blanks. Evidence · text > includes the insertion of blind standard reference materials and blanks ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Resource Estimates (12) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-0) Kay Mine Project · gold #### Identity - Project: Kay Mine Project - Commodity: gold - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:3d57b7b0790235208ed1 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 9280000 - Grade: 1.39 - Grade Unit: g/t - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Standard grade for an indicated resource in this deposit type. - Positive factor: Indicated category Evidence · table > 1.39 Context: 9.28 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-1) Kay Mine Project · silver #### Identity - Project: Kay Mine Project - Commodity: silver - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:3d57b7b0790235208ed1 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 9280000 - Grade: 27.6 - Grade Unit: g/t - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Standard byproduct grade. Evidence · table > 27.6 Context: 9.28 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-2) Kay Mine Project · copper #### Identity - Project: Kay Mine Project - Commodity: copper - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:3d57b7b0790235208ed1 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 9280000 - Grade: 0.97 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Strong copper grade for an indicated resource. Evidence · table > 0.97 Context: 9.28 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-3) Kay Mine Project · lead #### Identity - Project: Kay Mine Project - Commodity: lead - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:3d57b7b0790235208ed1 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 9280000 - Grade: 0.33 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Byproduct lead. Evidence · table > 0.33 Context: 9.28 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-4) Kay Mine Project · zinc #### Identity - Project: Kay Mine Project - Commodity: zinc - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:3d57b7b0790235208ed1 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 9280000 - Grade: 2.39 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Strong zinc grade for an indicated resource. Evidence · table > 2.39 Context: 9.28 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-5) Kay Mine Project · copper #### Identity - Project: Kay Mine Project - Commodity: copper - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:3d57b7b0790235208ed1 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 9280000 - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Metal Eq. Grade: 3.18 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: High CuEq grade for an indicated resource. Evidence · table > 3.18 Context: 9.28 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-6) Kay Mine Project · gold #### Identity - Project: Kay Mine Project - Commodity: gold - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:20ecfa29f5b241dbda29 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 860000 - Grade: 1.06 - Grade Unit: g/t - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Lower grade and lower confidence category. - Negative factor: Inferred category Evidence · table > 1.06 Context: 0.86 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-7) Kay Mine Project · silver #### Identity - Project: Kay Mine Project - Commodity: silver - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:20ecfa29f5b241dbda29 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 860000 - Grade: 15.4 - Grade Unit: g/t - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Lower grade and lower confidence category. - Negative factor: Inferred category Evidence · table > 15.4 Context: 0.86 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-8) Kay Mine Project · copper #### Identity - Project: Kay Mine Project - Commodity: copper - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:20ecfa29f5b241dbda29 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 860000 - Grade: 0.87 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Lower grade and lower confidence category. - Negative factor: Inferred category Evidence · table > 0.87 Context: 0.86 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-9) Kay Mine Project · lead #### Identity - Project: Kay Mine Project - Commodity: lead - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:20ecfa29f5b241dbda29 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 860000 - Grade: 0.2 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Lower grade and lower confidence category. - Negative factor: Inferred category Evidence · table > 0.20 Context: 0.86 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-10) Kay Mine Project · zinc #### Identity - Project: Kay Mine Project - Commodity: zinc - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:20ecfa29f5b241dbda29 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 860000 - Grade: 1.68 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Lower grade and lower confidence category. - Negative factor: Inferred category Evidence · table > 1.68 Context: 0.86 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-2025-mineral-resource-estimate-for-kay-mine-project--365e9e56-e5a1-45f9-8482-1bd8ec3d804e#fact-resource-facts-11) Kay Mine Project · copper #### Identity - Project: Kay Mine Project - Commodity: copper - Region: usa\_az - Reported Region: Arizona - Ticker: AMC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Allan Armitage, Ben Eggers, David Smith - Resource group id: resource:20ecfa29f5b241dbda29 - Deposit or zone: Kay Mine Project - Mining method: combined - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 860000 - Cutoff Grade: 1 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Metal Eq. Grade: 2.44 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-30T00:00:00.000Z Reasoning: Lower grade and lower confidence category. - Negative factor: Inferred category Evidence · table > 2.44 Context: 0.86 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.