# Arizona Metals Announces Filing of the NI 43-101 Technical Report for the Kay Mine Project Preliminary Economic Assessment

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb

Original source: https://money.tmx.com/en/quote/AMC/news/5121868911438768/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi

Publisher: tmx

Original announcement: 2026-06-12T10:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Arizona Metals Corp.

- Ticker: AMC

- Exchange: TSX

- Region: Arizona, USA

- Primary commodity: Gold

- Secondary commodities: Silver, Copper, Lead, Zinc

- Document categories: Resource update, Other

- Extracted: 2026-09-15 10:37:18 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Arizona Metals Corp. has filed an NI 43-101 Technical Report covering a Preliminary Economic Assessment \(PEA\) for the Kay Mine Project in Arizona. The report includes a 2025 Mineral Resource Estimate of 9.28 Mt at 1.39 g/t Au and 0.97% Cu \(Indicated\) and 0.86 Mt at 1.06 g/t Au and 0.87% Cu \(Inferred\).

Reasoning: The filing of a PEA technical report for a multi-commodity VMS project provides significant project de-risking and economic framework, though the results are based on a 2025 MRE.

- Positive factor: Significant Indicated resource reported

- Positive factor: VMS deposit type with depth potential

- Positive factor: NI 43-101 compliant technical report filed

- Negative factor: PEA is preliminary in nature

- Negative factor: Inferred resources included in economic analysis

Facts used in scoring: 10

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The technical report was prepared in accordance with NI 43-101 standards.

Evidence · text

> prepared in accordance with National Instrument 43-101

**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: Multiple independent Qualified Persons are named as responsible for various sections of the report.

Evidence · text

> reviewed and verified by the following independent Qualified Persons

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource estimate includes an Inferred category which is speculative.

Evidence · text

> includes Inferred mineral resources that are considered too speculative geologically

## Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

## Resource Estimates (10)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-0)

Kay Mine Project · gold

#### Identity

- Project: Kay Mine Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Solid indicated gold grade for a VMS deposit.

- Positive factor: Indicated category provides higher geological confidence

Evidence · text

> 9.28 million tonnes grading 1.39 g/t Au

#### 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-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-1)

Kay Mine Project · silver

#### Identity

- Project: Kay Mine Project
- Commodity: silver
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Silver byproduct in indicated resource.

Evidence · text

> 27.6 g/t Ag

#### 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-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-2)

Kay Mine Project · copper

#### Identity

- Project: Kay Mine Project
- Commodity: copper
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Primary base metal grade is strong.

- Positive factor: Strong copper grade for VMS

Evidence · text

> 0.97% Cu

#### 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-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-3)

Kay Mine Project · lead

#### Identity

- Project: Kay Mine Project
- Commodity: lead
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Trace lead in indicated resource.

Evidence · text

> 0.33% Pb

#### 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-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-4)

Kay Mine Project · zinc

#### Identity

- Project: Kay Mine Project
- Commodity: zinc
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Significant zinc component in indicated resource.

- Positive factor: Strong zinc grade for VMS

Evidence · text

> 2.39% Zn

#### 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-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-5)

Kay Mine Project · gold

#### Identity

- Project: Kay Mine Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Lower grade and lower confidence category.

- Negative factor: Inferred category is speculative

Evidence · text

> 0.86 million tonnes grading 1.06 g/t Au

#### 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-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-6)

Kay Mine Project · silver

#### Identity

- Project: Kay Mine Project
- Commodity: silver
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Silver byproduct in inferred resource.

Evidence · text

> 15.4 g/t Ag

#### 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-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-7)

Kay Mine Project · copper

#### Identity

- Project: Kay Mine Project
- Commodity: copper
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Copper grade in inferred resource.

Evidence · text

> 0.87% Cu

#### 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-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-8)

Kay Mine Project · lead

#### Identity

- Project: Kay Mine Project
- Commodity: lead
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Trace lead in inferred resource.

Evidence · text

> 0.20% Pb

#### 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-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--a63900fd-8da7-4f50-a89d-eb1c93d3cafb#fact-resource-facts-9)

Kay Mine Project · zinc

#### Identity

- Project: Kay Mine Project
- Commodity: zinc
- Region: usa\_az
- Reported Region: Arizona, USA
- Ticker: AMC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Allan Armitage, Ben Eggers
- 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: 2026-06-12T00:00:00.000Z

Reasoning: Zinc component in inferred resource.

Evidence · text

> 1.68% Zn

#### 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.
