# Equity Metals Announces a Significant Increase to the Mineral Resource Estimate at the Silver Queen Project, BC Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3 Original source: https://orestocks.com/company/EQTY.V/press-releases/5611795728975550 Publisher: orestocks Original announcement: 2026-09-16T14:40:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Equity Metals Corporation - Ticker: EQTY.V - Exchange: Unavailable - Region: British Columbia, Canada - Primary commodity: Silver - Secondary commodities: Gold, Copper, Lead, Zinc - Document categories: Resource update - Extracted: 2026-09-16 14:54:40 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Equity Metals announced a significant update to the Mineral Resource Estimate for its Silver Queen Project in British Columbia, effective September 11, 2026. The new estimate reports 3.57 Mt Indicated resources at 184 g/t Ag and 1.8 g/t Au, and 5.16 Mt Inferred resources at 104 g/t Ag and 0.7 g/t Au, representing a 3% and 169% increase in Indicated and Inferred tonnages respectively. The NI 43-101 compliant MRE incorporates new drilling, a new zone, and utilizes a C$122/t NSR cut-off with detailed economic assumptions. Reasoning: Equity Metals announced a new, significantly larger Mineral Resource Estimate for its Silver Queen Project, incorporating new drilling and a new zone. The estimate is NI 43-101 compliant with transparent economic assumptions, indicating strong growth in the project's resource base, although a large portion remains in the Inferred category. - Positive factor: Significant increase in total resource tonnage, especially Inferred - Positive factor: New George Lake Zone incorporated - Positive factor: NI 43-101 compliant and QP signed - Positive factor: Detailed NSR cut-off and metal equivalent assumptions disclosed - Positive factor: Stope optimization model used for RPEEE - Negative factor: High proportion of Inferred resources \(59% of tonnage\) - Negative factor: No prior grade or contained metal figures provided for the 2022 MRE for direct comparison Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 51 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document announces an updated Mineral Resource Estimate for the Silver Queen Project. Evidence · text > Equity Metals Announces a Significant Increase to the Mineral Resource Estimate at the Silver Queen Project, BC **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The MRE was completed in accordance with National Instrument 43-101. Evidence · text > updated Independent Mineral Resource Estimate \("MRE"\) in accordance with National Instrument 43-101 \("NI 43-101"\) **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: Independent Qualified Persons Garth Kirkham, Eugene Puritch, and Fred Brown prepared and approved the MRE. Evidence · text > The current Mineral Resource Estimate was prepared by Garth Kirkham, P.Geo., of Kirkham Geosystems Ltd and Eugene Puritch, P. Eng., FEC, CET and Fred Brown, P, Geo. of P&E Mining Consultants Inc. \("P&E"\), Independent Qualified Persons \("QP"\), as defined by National instrument 43-101. **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: Indicated and Inferred tonnages increased by approximately 3% and 169% respectively. Evidence · text > The updated MRE increases Indicated and Inferred tonnages by approximately 3% and 169%respectively **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: Inferred Mineral Resources show significant increases in contained silver \(+68%\), gold \(+132%\), and zinc \(+124%\). Evidence · text > The Inferred Mineral Resources feature a significant increase in both tonnage, as well as in contained silver \(+68%\), gold \(+132%\) and zinc \(+124%\). **Inferred Heavy** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: Approximately 59% of the Mineral Resources are classified as Inferred Resources on a tonnage basis. Evidence · text > Approximately 59%of the Mineral Resources are classified as Inferred Resources on a tonnage basis. **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: A Net Smelter Return \(NSR\) cut-off of C$122/t is clearly stated. Evidence · text > The MRE utilizes a Net Smelter Return \("NSR"\) cut-off at C$122/t **Metal Equivalent Transparent** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Metal equivalent calculations are explained with disclosed metal prices and process recoveries. Evidence · text > Silver and Gold Equivalents and NSR C$/t values were calculated using average long-term prices of $38/oz silver, $3,200oz gold, $4.75/lb copper, $0.95/lb lead and $1.35/lb zinc. All metal prices are stated in $USD. The C$122/tonne NSR cut-off value for the underground Mineral Resource was derived from mining costs of C$85/t, with site process costs of C$25/t and G&A of C$12/t. Process recoveries from 2022 metallurgical test work were Au 55%, Ag 80%, Cu 80%, Pb 81% and Zn 90%. **Underground Mining** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The NSR cut-off value is explicitly stated for the underground Mineral Resource. Evidence · text > The C$122/tonne NSR cut-off value for the underground Mineral Resource was derived from mining costs of C$85/t **Epithermal Deposit** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: Mineralization is hosted by a series of epithermal veins. Evidence · text > Mineralization is hosted by a series of epithermal veins distributed over a 6 sq km area. ## Extracted facts Stored fact records: 51. Some facts used in scoring do not have a stored record. ## Resource Estimates (51) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-0) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:8d52349cef6de8987c36 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2977000 - Grade: 152 - Grade Unit: g/t - Contained Metal: 14532 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: This Indicated resource for the No. 3 - NG3 zone shows a strong silver grade and contributes significantly to the overall resource increase, indicating good confidence in this part of the deposit. - Positive factor: Indicated resource category - Positive factor: Strong silver grade - Positive factor: Part of overall resource growth Evidence · table > 152 Context: 2,977 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-1) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:8d52349cef6de8987c36 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2977000 - Grade: 2.15 - Grade Unit: g/t - Contained Metal: 206 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated gold grade for the No. 3 - NG3 zone is on the weaker side for underground operations, but still contributes to the overall resource and confidence. - Positive factor: Indicated resource category - Positive factor: Part of overall resource growth - Negative factor: Weak gold grade for underground mining Evidence · table > 2.15 Context: 2,977 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-2) Silver Queen Project · copper #### Identity - Project: Silver Queen Project - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:8d52349cef6de8987c36 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2977000 - Grade: 0.29 - Grade Unit: % - Contained Metal: 19 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated copper grade for the No. 3 - NG3 zone is weak, but contributes to the polymetallic nature of the resource. - Positive factor: Indicated resource category - Positive factor: Part of overall resource growth - Negative factor: Weak copper grade Evidence · table > 0.29 Context: 2,977 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-3) Silver Queen Project · lead #### Identity - Project: Silver Queen Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:8d52349cef6de8987c36 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2977000 - Grade: 0.8 - Grade Unit: % - Contained Metal: 51 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated lead grade for the No. 3 - NG3 zone is weak, but adds to the polymetallic value of the resource. - Positive factor: Indicated resource category - Positive factor: Part of overall resource growth - Negative factor: Weak lead grade Evidence · table > 0.8 Context: 2,977 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-4) Silver Queen Project · zinc #### Identity - Project: Silver Queen Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:8d52349cef6de8987c36 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2977000 - Grade: 4.3 - Grade Unit: % - Contained Metal: 284.6 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated zinc grade for the No. 3 - NG3 zone is weak, but contributes to the overall polymetallic resource. - Positive factor: Indicated resource category - Positive factor: Part of overall resource growth - Negative factor: Weak zinc grade Evidence · table > 4.3 Context: 2,977 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-5) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:8d52349cef6de8987c36 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2977000 - Contained Metal: 41091 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 429 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated silver equivalent grade for the No. 3 - NG3 zone is strong, highlighting the combined value of the polymetallic mineralization. - Positive factor: Indicated resource category - Positive factor: Strong silver equivalent grade - Positive factor: Part of overall resource growth Evidence · table > 429 Context: 2,977 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-6) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:8d52349cef6de8987c36 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2977000 - Contained Metal: 622 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 6.5 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated gold equivalent grade for the No. 3 - NG3 zone is moderate, reflecting the combined value of the polymetallic mineralization. - Positive factor: Indicated resource category - Positive factor: Moderate gold equivalent grade - Positive factor: Part of overall resource growth Evidence · table > 6.5 Context: 2,977 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-7) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:e6110369c19691349387 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 588000 - Grade: 344 - Grade Unit: g/t - Contained Metal: 6505 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: This Indicated resource for the Camp - Sveinson zone shows an exceptional silver grade, contributing significantly to the overall resource increase. - Positive factor: Indicated resource category - Positive factor: Exceptional silver grade - Positive factor: Part of overall resource growth Evidence · table > 344 Context: 588 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-8) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:e6110369c19691349387 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 588000 - Grade: 0.24 - Grade Unit: g/t - Contained Metal: 5 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated gold grade for the Camp - Sveinson zone is very weak, but the zone is high in silver. - Positive factor: Indicated resource category - Positive factor: Part of overall resource growth - Negative factor: Very weak gold grade for underground mining Evidence · table > 0.24 Context: 588 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-9) Silver Queen Project · copper #### Identity - Project: Silver Queen Project - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:e6110369c19691349387 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 588000 - Grade: 0.12 - Grade Unit: % - Contained Metal: 1.6 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated copper grade for the Camp - Sveinson zone is very weak, but contributes to the polymetallic nature of the resource. - Positive factor: Indicated resource category - Positive factor: Part of overall resource growth - Negative factor: Very weak copper grade Evidence · table > 0.12 Context: 588 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-10) Silver Queen Project · lead #### Identity - Project: Silver Queen Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:e6110369c19691349387 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 588000 - Grade: 0.3 - Grade Unit: % - Contained Metal: 3.9 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated lead grade for the Camp - Sveinson zone is very weak, but adds to the polymetallic value of the resource. - Positive factor: Indicated resource category - Positive factor: Part of overall resource growth - Negative factor: Very weak lead grade Evidence · table > 0.3 Context: 588 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-11) Silver Queen Project · zinc #### Identity - Project: Silver Queen Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:e6110369c19691349387 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 588000 - Grade: 1.1 - Grade Unit: % - Contained Metal: 14.7 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated zinc grade for the Camp - Sveinson zone is very weak, but contributes to the overall polymetallic resource. - Positive factor: Indicated resource category - Positive factor: Part of overall resource growth - Negative factor: Very weak zinc grade Evidence · table > 1.1 Context: 588 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-12) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:e6110369c19691349387 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 588000 - Contained Metal: 7580 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 401 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated silver equivalent grade for the Camp - Sveinson zone is strong, highlighting the combined value of the polymetallic mineralization. - Positive factor: Indicated resource category - Positive factor: Strong silver equivalent grade - Positive factor: Part of overall resource growth Evidence · table > 401 Context: 588 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-13) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:e6110369c19691349387 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 588000 - Contained Metal: 115 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 6.1 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Indicated gold equivalent grade for the Camp - Sveinson zone is moderate, reflecting the combined value of the polymetallic mineralization. - Positive factor: Indicated resource category - Positive factor: Moderate gold equivalent grade - Positive factor: Part of overall resource growth Evidence · table > 6.1 Context: 588 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-14) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:a1a57afa034cd7315125 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3565000 - Grade: 184 - Grade Unit: g/t - Contained Metal: 21037 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 3466000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Indicated silver resource shows a moderate grade and a 3% increase in tonnage, contributing positively to the project's confidence. - Positive factor: Indicated resource category - Positive factor: Moderate silver grade - Positive factor: Overall tonnage growth for Indicated resources Evidence · table > 184 Context: 3,565 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-15) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:a1a57afa034cd7315125 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3565000 - Grade: 1.8 - Grade Unit: g/t - Contained Metal: 210 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 3466000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Indicated gold resource shows a weak grade for underground mining, but is part of the overall resource growth. - Positive factor: Indicated resource category - Positive factor: Overall tonnage growth for Indicated resources - Negative factor: Weak gold grade for underground mining Evidence · table > 1.8 Context: 3,565 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-16) Silver Queen Project · copper #### Identity - Project: Silver Queen Project - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:a1a57afa034cd7315125 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3565000 - Grade: 0.3 - Grade Unit: % - Contained Metal: 21 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 3466000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Indicated copper resource shows a weak grade, but contributes to the polymetallic nature of the project. - Positive factor: Indicated resource category - Positive factor: Overall tonnage growth for Indicated resources - Negative factor: Weak copper grade Evidence · table > 0.3 Context: 3,565 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-17) Silver Queen Project · lead #### Identity - Project: Silver Queen Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:a1a57afa034cd7315125 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3565000 - Grade: 0.7 - Grade Unit: % - Contained Metal: 55 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 3466000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Indicated lead resource shows a weak grade, but adds to the polymetallic value of the project. - Positive factor: Indicated resource category - Positive factor: Overall tonnage growth for Indicated resources - Negative factor: Weak lead grade Evidence · table > 0.7 Context: 3,565 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-18) Silver Queen Project · zinc #### Identity - Project: Silver Queen Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:a1a57afa034cd7315125 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3565000 - Grade: 3.8 - Grade Unit: % - Contained Metal: 299 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 3466000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Indicated zinc resource shows a weak grade, but contributes to the overall polymetallic resource. - Positive factor: Indicated resource category - Positive factor: Overall tonnage growth for Indicated resources - Negative factor: Weak zinc grade Evidence · table > 3.8 Context: 3,565 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-19) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:a1a57afa034cd7315125 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3565000 - Contained Metal: 48671 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 3466000 #### Metal Equivalent - Metal Eq. Grade: 425 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Indicated silver equivalent resource shows a strong grade and tonnage growth, highlighting the project's overall value. - Positive factor: Indicated resource category - Positive factor: Strong silver equivalent grade - Positive factor: Overall tonnage growth for Indicated resources Evidence · table > 425 Context: 3,565 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-20) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:a1a57afa034cd7315125 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3565000 - Contained Metal: 737 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 3466000 #### Metal Equivalent - Metal Eq. Grade: 6.4 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Indicated gold equivalent resource shows a moderate grade and tonnage growth, reflecting the project's overall value. - Positive factor: Indicated resource category - Positive factor: Moderate gold equivalent grade - Positive factor: Overall tonnage growth for Indicated resources Evidence · table > 6.4 Context: 3,565 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-21) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:f9b151ca1fca193069b2 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 2693000 - Grade: 61 - Grade Unit: g/t - Contained Metal: 5293 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: This Inferred resource for the No. 3 - NG3 zone contributes significantly to the overall Inferred tonnage growth, but has a moderate silver grade and lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Moderate silver grade Evidence · table > 61 Context: 2,693 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-22) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:f9b151ca1fca193069b2 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 2693000 - Grade: 0.79 - Grade Unit: g/t - Contained Metal: 69 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred gold grade for the No. 3 - NG3 zone is weak for underground operations, and has lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak gold grade for underground mining Evidence · table > 0.79 Context: 2,693 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-23) Silver Queen Project · copper #### Identity - Project: Silver Queen Project - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:f9b151ca1fca193069b2 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 2693000 - Grade: 0.17 - Grade Unit: % - Contained Metal: 9.9 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred copper grade for the No. 3 - NG3 zone is weak and has lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak copper grade Evidence · table > 0.17 Context: 2,693 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-24) Silver Queen Project · lead #### Identity - Project: Silver Queen Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:f9b151ca1fca193069b2 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 2693000 - Grade: 0.4 - Grade Unit: % - Contained Metal: 22.8 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred lead grade for the No. 3 - NG3 zone is weak and has lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak lead grade Evidence · table > 0.4 Context: 2,693 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-25) Silver Queen Project · zinc #### Identity - Project: Silver Queen Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:f9b151ca1fca193069b2 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 2693000 - Grade: 1.9 - Grade Unit: % - Contained Metal: 112.9 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred zinc grade for the No. 3 - NG3 zone is weak and has lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak zinc grade Evidence · table > 1.9 Context: 2,693 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-26) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:f9b151ca1fca193069b2 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 2693000 - Contained Metal: 15341 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 177 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred silver equivalent grade for the No. 3 - NG3 zone is strong, contributing significantly to the overall Inferred resource, but with lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Positive factor: Strong silver equivalent grade - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 177 Context: 2,693 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-27) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:f9b151ca1fca193069b2 - Deposit or zone: No. 3 - NG3 - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 2693000 - Contained Metal: 232 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 2.7 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred gold equivalent grade for the No. 3 - NG3 zone is moderate, contributing significantly to the overall Inferred resource, but with lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Positive factor: Moderate gold equivalent grade - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 2.7 Context: 2,693 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-28) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:d4da47d52317032adfc6 - Deposit or zone: George Lk. - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 592000 - Grade: 66 - Grade Unit: g/t - Contained Metal: 1262 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The George Lake zone is a new addition to the Inferred resource, showing moderate silver grade and contributing to the overall resource growth, but with lower confidence due to its category. - Positive factor: New zone added to the resource - Positive factor: Moderate silver grade - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 66 Context: 592 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-29) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:d4da47d52317032adfc6 - Deposit or zone: George Lk. - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 592000 - Grade: 0.9 - Grade Unit: g/t - Contained Metal: 17 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The George Lake zone is a new addition to the Inferred resource, showing a weak gold grade for underground operations and lower confidence due to its category. - Positive factor: New zone added to the resource - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak gold grade for underground mining Evidence · table > 0.90 Context: 592 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-30) Silver Queen Project · copper #### Identity - Project: Silver Queen Project - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:d4da47d52317032adfc6 - Deposit or zone: George Lk. - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 592000 - Grade: 0.21 - Grade Unit: % - Contained Metal: 2.8 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The George Lake zone is a new addition to the Inferred resource, showing a weak copper grade and lower confidence due to its category. - Positive factor: New zone added to the resource - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak copper grade Evidence · table > 0.21 Context: 592 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-31) Silver Queen Project · lead #### Identity - Project: Silver Queen Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:d4da47d52317032adfc6 - Deposit or zone: George Lk. - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 592000 - Grade: 0.6 - Grade Unit: % - Contained Metal: 7.8 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The George Lake zone is a new addition to the Inferred resource, showing a weak lead grade and lower confidence due to its category. - Positive factor: New zone added to the resource - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak lead grade Evidence · table > 0.6 Context: 592 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-32) Silver Queen Project · zinc #### Identity - Project: Silver Queen Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:d4da47d52317032adfc6 - Deposit or zone: George Lk. - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 592000 - Grade: 1.5 - Grade Unit: % - Contained Metal: 19.5 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The George Lake zone is a new addition to the Inferred resource, showing a weak zinc grade and lower confidence due to its category. - Positive factor: New zone added to the resource - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak zinc grade Evidence · table > 1.5 Context: 592 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-33) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:d4da47d52317032adfc6 - Deposit or zone: George Lk. - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 592000 - Contained Metal: 3567 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 187 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The George Lake zone is a new addition to the Inferred resource, showing a strong silver equivalent grade, but with lower confidence due to its category. - Positive factor: New zone added to the resource - Positive factor: Strong silver equivalent grade - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 187 Context: 592 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-34) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:d4da47d52317032adfc6 - Deposit or zone: George Lk. - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 592000 - Contained Metal: 54 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 2.8 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The George Lake zone is a new addition to the Inferred resource, showing a moderate gold equivalent grade, but with lower confidence due to its category. - Positive factor: New zone added to the resource - Positive factor: Moderate gold equivalent grade - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 2.8 Context: 592 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-35) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:00251186861827c08836 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1872000 - Grade: 179 - Grade Unit: g/t - Contained Metal: 10759 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: This Inferred resource for the Camp - Sveinson zone shows a strong silver grade and contributes significantly to the overall Inferred tonnage growth, but with lower confidence due to its category. - Positive factor: Strong silver grade - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 179 Context: 1,872 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-36) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:00251186861827c08836 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1872000 - Grade: 0.52 - Grade Unit: g/t - Contained Metal: 31 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred gold grade for the Camp - Sveinson zone is weak for underground operations and has lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak gold grade for underground mining Evidence · table > 0.52 Context: 1,872 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-37) Silver Queen Project · copper #### Identity - Project: Silver Queen Project - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:00251186861827c08836 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1872000 - Grade: 0.19 - Grade Unit: % - Contained Metal: 8 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred copper grade for the Camp - Sveinson zone is weak and has lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak copper grade Evidence · table > 0.19 Context: 1,872 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-38) Silver Queen Project · lead #### Identity - Project: Silver Queen Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:00251186861827c08836 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1872000 - Grade: 0.4 - Grade Unit: % - Contained Metal: 15.6 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred lead grade for the Camp - Sveinson zone is weak and has lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak lead grade Evidence · table > 0.4 Context: 1,872 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-39) Silver Queen Project · zinc #### Identity - Project: Silver Queen Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:00251186861827c08836 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1872000 - Grade: 1.4 - Grade Unit: % - Contained Metal: 55.9 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred zinc grade for the Camp - Sveinson zone is weak and has lower confidence due to its category. - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak zinc grade Evidence · table > 1.4 Context: 1,872 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-40) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:00251186861827c08836 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1872000 - Contained Metal: 16042 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 267 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred silver equivalent grade for the Camp - Sveinson zone is strong, contributing significantly to the overall Inferred resource, but with lower confidence due to its category. - Positive factor: Strong silver equivalent grade - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 267 Context: 1,872 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-41) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:00251186861827c08836 - Deposit or zone: Camp - Sveinson - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1872000 - Contained Metal: 243 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 #### Metal Equivalent - Metal Eq. Grade: 4 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The Inferred gold equivalent grade for the Camp - Sveinson zone is moderate, contributing significantly to the overall Inferred resource, but with lower confidence due to its category. - Positive factor: Moderate gold equivalent grade - Positive factor: Significant contribution to Inferred resource growth - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 4.0 Context: 1,872 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-42) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:1fa1bb4b59f3b24917e8 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5157000 - Grade: 104 - Grade Unit: g/t - Contained Metal: 17314 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 1920000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Inferred silver resource shows a moderate grade and a significant 169% increase in tonnage, indicating strong exploration success but with lower confidence due to its category. - Positive factor: Significant increase in Inferred tonnage \(169%\) - Positive factor: Moderate silver grade - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 104 Context: 5,157 #### 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 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 5157000 against 1920000 previously **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-43) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:1fa1bb4b59f3b24917e8 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5157000 - Grade: 0.7 - Grade Unit: g/t - Contained Metal: 117 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 1920000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Inferred gold resource shows a weak grade for underground operations, but a significant 169% increase in tonnage, indicating strong exploration success but with lower confidence due to its category. - Positive factor: Significant increase in Inferred tonnage \(169%\) - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak gold grade for underground mining Evidence · table > 0.7 Context: 5,157 #### 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 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 5157000 against 1920000 previously **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-44) Silver Queen Project · copper #### Identity - Project: Silver Queen Project - Commodity: copper - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:1fa1bb4b59f3b24917e8 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5157000 - Grade: 0.2 - Grade Unit: % - Contained Metal: 21 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 1920000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Inferred copper resource shows a weak grade, but a significant 169% increase in tonnage, contributing to the polymetallic nature of the project but with lower confidence due to its category. - Positive factor: Significant increase in Inferred tonnage \(169%\) - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak copper grade Evidence · table > 0.2 Context: 5,157 #### 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 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 5157000 against 1920000 previously **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-45) Silver Queen Project · lead #### Identity - Project: Silver Queen Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:1fa1bb4b59f3b24917e8 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5157000 - Grade: 0.4 - Grade Unit: % - Contained Metal: 46 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 1920000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Inferred lead resource shows a weak grade, but a significant 169% increase in tonnage, contributing to the polymetallic nature of the project but with lower confidence due to its category. - Positive factor: Significant increase in Inferred tonnage \(169%\) - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak lead grade Evidence · table > 0.4 Context: 5,157 #### 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 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 5157000 against 1920000 previously **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-46) Silver Queen Project · zinc #### Identity - Project: Silver Queen Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:1fa1bb4b59f3b24917e8 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5157000 - Grade: 1.7 - Grade Unit: % - Contained Metal: 188 - Contained Unit: mlbs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 1920000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Inferred zinc resource shows a weak grade, but a significant 169% increase in tonnage, contributing to the polymetallic nature of the project but with lower confidence due to its category. - Positive factor: Significant increase in Inferred tonnage \(169%\) - Negative factor: Inferred resource category \(lower confidence\) - Negative factor: Weak zinc grade Evidence · table > 1.7 Context: 5,157 #### 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 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 5157000 against 1920000 previously **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-47) Silver Queen Project · silver #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:1fa1bb4b59f3b24917e8 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5157000 - Contained Metal: 34950 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 1920000 #### Metal Equivalent - Metal Eq. Grade: 211 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Inferred silver equivalent resource shows a strong grade and a significant 169% increase in tonnage, indicating strong exploration success but with lower confidence due to its category. - Positive factor: Significant increase in Inferred tonnage \(169%\) - Positive factor: Strong silver equivalent grade - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 211 Context: 5,157 #### 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 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 5157000 against 1920000 previously **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-48) Silver Queen Project · gold #### Identity - Project: Silver Queen Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown - Resource group id: resource:1fa1bb4b59f3b24917e8 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5157000 - Contained Metal: 529 - Contained Unit: kozs - Cutoff Grade: 122 - Cutoff Unit: C$/t NSR #### Prior Estimate - Resource Date: 2026-09-11 - Prior Tonnes: 1920000 #### Metal Equivalent - Metal Eq. Grade: 3.2 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: The total Inferred gold equivalent resource shows a moderate grade and a significant 169% increase in tonnage, indicating strong exploration success but with lower confidence due to its category. - Positive factor: Significant increase in Inferred tonnage \(169%\) - Positive factor: Moderate gold equivalent grade - Negative factor: Inferred resource category \(lower confidence\) Evidence · table > 3.2 Context: 5,157 #### 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 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 5157000 against 1920000 previously **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-49) Silver Queen Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2022-12-01T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:41ecc223dd1792435ae6 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3466000 #### Prior Estimate - Resource Date: 2022-12-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2022-12-01T00:00:00.000Z #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: This is a historical Indicated resource tonnage from the 2022 MRE, provided for comparison but superseded by the current estimate. No grade or contained metal details are available in this document. - Negative factor: Historical estimate, superseded by new MRE - Negative factor: No grade or contained metal information provided in this document Evidence · text > The updated MRE increases Indicated and Inferred tonnages by approximately 3% and 169%respectively #### 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3#fact-resource-facts-50) Silver Queen Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Silver Queen Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: EQTY.V #### Resource scope - Estimate type: resource - Effective date: 2022-12-01T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:544e0ccdb424f0205659 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1920000 #### Prior Estimate - Resource Date: 2022-12-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2022-12-01T00:00:00.000Z #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: This is a historical Inferred resource tonnage from the 2022 MRE, provided for comparison but superseded by the current estimate. No grade or contained metal details are available in this document. - Negative factor: Historical estimate, superseded by new MRE - Negative factor: No grade or contained metal information provided in this document Evidence · text > Inferred Resource tonnage \(1.92Mt to 5.16Mt\) compared to the 2022 historical Resource estimate #### 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.8 years before this release ## 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.