Equity Metals Announces a Significant Increase to the Mineral Resource Estimate at the Silver Queen Project, BC

Original announcement by investingnews on

Company
Equity Metals Corporation
Ticker
EQTY
Exchange
TSXV
Region
British Columbia
Primary commodity
Silver
Secondary commodities
Gold, Copper, Lead, Zinc
Document categories
Resource update
Extracted
2026-09-16 19:34:01 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Equity Metals Corporation announced a significant update to the Mineral Resource Estimate for its Silver Queen Project in British Columbia, Canada. The new estimate, effective September 11, 2026, reports 3.57 Mt of Indicated Resources and 5.16 Mt of Inferred Resources. Notably, Inferred tonnage increased by 169% from the 2022 estimate, with contained silver, gold, and zinc also showing substantial growth. The estimate is compliant with NI 43-101 and includes detailed assumptions for metal equivalents and a C$122/t NSR cut-off for underground mining.

Reasoning: Equity Metals announced a significant update to its Silver Queen Project's Mineral Resource Estimate, showing substantial growth in Inferred tonnage and contained metals, particularly gold, silver, and zinc. The estimate is NI 43-101 compliant with transparent assumptions, though a large portion remains in the Inferred category.

Positive factors

  • Significant increase in Inferred Mineral Resources (169% tonnage growth)
  • Substantial growth in contained silver (+68%), gold (+132%), and zinc (+124%) for Inferred resources
  • NI 43-101 compliant and signed off by independent Qualified Persons
  • Detailed disclosure of cut-off grade and metal equivalent assumptions

Negative factors

  • High proportion of Inferred resources (59% by tonnage) which carries lower geological confidence
  • Some individual metal grades are below strong/exceptional tiers for an underground epithermal deposit

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 49

Classification and evidence

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: A current resource fact retains the disclosed cut-off grade

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The source explicitly discloses a revised resource estimate

Evidence · text

“Updated Mineral Resource Estimate”

Extracted facts

Stored fact records: 49. Some facts used in scoring do not have a stored record.

Resource Estimates (49)

indicatedSilver Queen · silverTonnes: 2977000Grade: 152Grade Unit: g/tContained Metal: 14532Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:c8803130f80acfdf71dd
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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 fact represents the silver grade and contained metal for the Indicated resource in the No. 3 - NG3 zone, contributing to the overall resource update with moderate silver grades.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed
  • Silver grade is moderate for epithermal deposits

Evidence · table

“152”

Context: 2,977

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · goldTonnes: 2977000Grade: 2.15Grade Unit: g/tContained Metal: 206Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:c8803130f80acfdf71dd
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact details the gold grade and contained metal for the Indicated resource in the No. 3 - NG3 zone, with gold grades falling below the weak tier for underground epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Gold grade is below the weak tier for underground epithermal deposits

Evidence · table

“2.15”

Context: 2,977

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · copperTonnes: 2977000Grade: 0.29Grade Unit: %Contained Metal: 19Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:c8803130f80acfdf71dd
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact presents the copper grade and contained metal for the Indicated resource in the No. 3 - NG3 zone, with grades below the weak tier for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Copper grade is below the weak tier for epithermal deposits

Evidence · table

“0.29”

Context: 2,977

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · leadTonnes: 2977000Grade: 0.8Grade Unit: %Contained Metal: 51Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
lead
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:c8803130f80acfdf71dd
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact shows the lead grade and contained metal for the Indicated resource in the No. 3 - NG3 zone, with grades below the weak tier for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Lead grade is below the weak tier for epithermal deposits

Evidence · table

“0.8”

Context: 2,977

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · zincTonnes: 2977000Grade: 4.3Grade Unit: %Contained Metal: 284.6Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
zinc
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:c8803130f80acfdf71dd
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact provides the zinc grade and contained metal for the Indicated resource in the No. 3 - NG3 zone, with grades below the weak tier for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Zinc grade is below the weak tier for epithermal deposits

Evidence · table

“4.3”

Context: 2,977

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · silverTonnes: 2977000View all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:c8803130f80acfdf71dd
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
2977000
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: This fact details the silver equivalent grade for the Indicated resource in the No. 3 - NG3 zone, showing a strong AgEq grade for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed
  • Silver equivalent grade is strong for epithermal deposits

Evidence · table

“429”

Context: 2,977

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · goldTonnes: 2977000Contained Metal: 622Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:c8803130f80acfdf71dd
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact presents the gold equivalent grade and contained metal for the Indicated resource in the No. 3 - NG3 zone, with a moderate AuEq grade for underground epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed
  • Gold equivalent grade is moderate for underground epithermal deposits

Evidence · table

“6.5”

Context: 2,977

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · silverTonnes: 588000Grade: 344Grade Unit: g/tContained Metal: 6505Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:582d5ae2ec838ae75293
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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 fact details the silver grade and contained metal for the Indicated resource in the Camp - Sveinson zone, showing a strong silver grade for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed
  • Silver grade is strong for epithermal deposits

Evidence · table

“344”

Context: 588

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · goldTonnes: 588000Grade: 0.24Grade Unit: g/tContained Metal: 5Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:582d5ae2ec838ae75293
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact presents the gold grade and contained metal for the Indicated resource in the Camp - Sveinson zone, with gold grades significantly below the weak tier for underground epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Gold grade is significantly below the weak tier for underground epithermal deposits

Evidence · table

“0.24”

Context: 588

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · copperTonnes: 588000Grade: 0.12Grade Unit: %Contained Metal: 1.6Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:582d5ae2ec838ae75293
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact shows the copper grade and contained metal for the Indicated resource in the Camp - Sveinson zone, with grades significantly below the weak tier for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Copper grade is significantly below the weak tier for epithermal deposits

Evidence · table

“0.12”

Context: 588

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · leadTonnes: 588000Grade: 0.3Grade Unit: %Contained Metal: 3.9Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
lead
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:582d5ae2ec838ae75293
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact provides the lead grade and contained metal for the Indicated resource in the Camp - Sveinson zone, with grades significantly below the weak tier for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Lead grade is significantly below the weak tier for epithermal deposits

Evidence · table

“0.3”

Context: 588

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · zincTonnes: 588000Grade: 1.1Grade Unit: %Contained Metal: 14.7Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
zinc
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:582d5ae2ec838ae75293
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact shows the zinc grade and contained metal for the Indicated resource in the Camp - Sveinson zone, with grades significantly below the weak tier for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Zinc grade is significantly below the weak tier for epithermal deposits

Evidence · table

“1.1”

Context: 588

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · silverTonnes: 588000Contained Metal: 7580Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:582d5ae2ec838ae75293
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact details the silver equivalent grade and contained metal for the Indicated resource in the Camp - Sveinson zone, showing a strong AgEq grade for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed
  • Silver equivalent grade is strong for epithermal deposits

Evidence · table

“401”

Context: 588

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · goldTonnes: 588000Contained Metal: 115Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:582d5ae2ec838ae75293
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact presents the gold equivalent grade and contained metal for the Indicated resource in the Camp - Sveinson zone, with a moderate AuEq grade for underground epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed
  • Gold equivalent grade is moderate for underground epithermal deposits

Evidence · table

“6.1”

Context: 588

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · silverTonnes: 3565000Grade: 184Grade Unit: g/tContained Metal: 21037Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f028e668fbaf4ca9b6f7
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: This fact represents the total Indicated silver resource, showing a moderate grade and significant contained metal, contributing to the overall resource update.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed
  • Silver grade is moderate for epithermal deposits

Evidence · table

“184”

Context: 3,565

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · goldTonnes: 3565000Grade: 1.8Grade Unit: g/tContained Metal: 210Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f028e668fbaf4ca9b6f7
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: This fact details the total Indicated gold resource, with grades falling below the weak tier for underground epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Gold grade is below the weak tier for underground epithermal deposits

Evidence · table

“1.8”

Context: 3,565

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · copperTonnes: 3565000Grade: 0.3Grade Unit: %Contained Metal: 21Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f028e668fbaf4ca9b6f7
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: This fact presents the total Indicated copper resource, with grades below the weak tier for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Copper grade is below the weak tier for epithermal deposits

Evidence · table

“0.3”

Context: 3,565

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · leadTonnes: 3565000Grade: 0.7Grade Unit: %Contained Metal: 55Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
lead
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f028e668fbaf4ca9b6f7
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: This fact shows the total Indicated lead resource, with grades below the weak tier for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Lead grade is below the weak tier for epithermal deposits

Evidence · table

“0.7”

Context: 3,565

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · zincTonnes: 3565000Grade: 3.8Grade Unit: %Contained Metal: 299Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
zinc
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f028e668fbaf4ca9b6f7
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: This fact provides the total Indicated zinc resource, with grades below the weak tier for epithermal deposits.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed

Negative factors

  • Zinc grade is below the weak tier for epithermal deposits

Evidence · table

“3.8”

Context: 3,565

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · silverTonnes: 3565000Contained Metal: 48671Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f028e668fbaf4ca9b6f7
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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

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: This fact details the total Indicated silver equivalent resource, showing a strong AgEq grade and significant contained metal, contributing positively to the overall resource update.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed
  • Silver equivalent grade is strong for epithermal deposits

Evidence · table

“425”

Context: 3,565

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSilver Queen · goldTonnes: 3565000Contained Metal: 737Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f028e668fbaf4ca9b6f7
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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

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: This fact presents the total Indicated gold equivalent resource, with a moderate AuEq grade and significant contained metal, contributing to the overall resource update.

Positive factors

  • Indicated resource category provides higher confidence
  • NI 43-101 compliant and QP signed
  • Gold equivalent grade is moderate for underground epithermal deposits

Evidence · table

“6.4”

Context: 3,565

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · silverTonnes: 2693000Grade: 61Grade Unit: g/tContained Metal: 5293Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:88b272a7137faf702b8e
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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 fact details the silver grade and contained metal for the Inferred resource in the No. 3 - NG3 zone, showing moderate silver grades within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed
  • Silver grade is moderate for epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“61”

Context: 2,693

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · goldTonnes: 2693000Grade: 0.79Grade Unit: g/tContained Metal: 69Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:88b272a7137faf702b8e
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact presents the gold grade and contained metal for the Inferred resource in the No. 3 - NG3 zone, with grades significantly below the weak tier for underground epithermal deposits.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Gold grade is significantly below the weak tier for underground epithermal deposits

Evidence · table

“0.79”

Context: 2,693

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · copperTonnes: 2693000Grade: 0.17Grade Unit: %Contained Metal: 9.9Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:88b272a7137faf702b8e
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact shows the copper grade and contained metal for the Inferred resource in the No. 3 - NG3 zone, with grades significantly below the weak tier for epithermal deposits.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Copper grade is significantly below the weak tier for epithermal deposits

Evidence · table

“0.17”

Context: 2,693

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · leadTonnes: 2693000Grade: 0.4Grade Unit: %Contained Metal: 22.8Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
lead
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:88b272a7137faf702b8e
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact provides the lead grade and contained metal for the Inferred resource in the No. 3 - NG3 zone, with grades significantly below the weak tier for epithermal deposits.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Lead grade is significantly below the weak tier for epithermal deposits

Evidence · table

“0.4”

Context: 2,693

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · zincTonnes: 2693000Grade: 1.9Grade Unit: %Contained Metal: 112.9Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
zinc
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:88b272a7137faf702b8e
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact shows the zinc grade and contained metal for the Inferred resource in the No. 3 - NG3 zone, with grades significantly below the weak tier for epithermal deposits.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Zinc grade is significantly below the weak tier for epithermal deposits

Evidence · table

“1.9”

Context: 2,693

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · silverTonnes: 2693000Contained Metal: 15341Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:88b272a7137faf702b8e
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact details the silver equivalent grade and contained metal for the Inferred resource in the No. 3 - NG3 zone, showing a moderate AgEq grade within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed
  • Silver equivalent grade is moderate for epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“177”

Context: 2,693

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · goldTonnes: 2693000Contained Metal: 232Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:88b272a7137faf702b8e
Deposit or zone
No. 3 - NG3
Mining method
underground
Ownership percent
100 %

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: This fact presents the gold equivalent grade and contained metal for the Inferred resource in the No. 3 - NG3 zone, with grades below the weak tier for underground epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Gold equivalent grade is below the weak tier for underground epithermal deposits

Evidence · table

“2.7”

Context: 2,693

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · silverTonnes: 592000Grade: 66Grade Unit: g/tContained Metal: 1262Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:db524e28ea8b6c23f547
Deposit or zone
George Lk.
Mining method
underground
Ownership percent
100 %

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: This fact details the silver grade and contained metal for the Inferred resource in the newly added George Lk. zone, showing moderate silver grades within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed
  • Silver grade is moderate for epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“66”

Context: 592

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · goldTonnes: 592000Grade: 0.9Grade Unit: g/tContained Metal: 17Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:db524e28ea8b6c23f547
Deposit or zone
George Lk.
Mining method
underground
Ownership percent
100 %

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: This fact presents the gold grade and contained metal for the Inferred resource in the George Lk. zone, with grades significantly below the weak tier for underground epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Gold grade is significantly below the weak tier for underground epithermal deposits

Evidence · table

“0.90”

Context: 592

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · copperTonnes: 592000Grade: 0.21Grade Unit: %Contained Metal: 2.8Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:db524e28ea8b6c23f547
Deposit or zone
George Lk.
Mining method
underground
Ownership percent
100 %

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: This fact shows the copper grade and contained metal for the Inferred resource in the George Lk. zone, with grades significantly below the weak tier for epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Copper grade is significantly below the weak tier for epithermal deposits

Evidence · table

“0.21”

Context: 592

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · leadTonnes: 592000Grade: 0.6Grade Unit: %Contained Metal: 7.8Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
lead
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:db524e28ea8b6c23f547
Deposit or zone
George Lk.
Mining method
underground
Ownership percent
100 %

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: This fact provides the lead grade and contained metal for the Inferred resource in the George Lk. zone, with grades significantly below the weak tier for epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Lead grade is significantly below the weak tier for epithermal deposits

Evidence · table

“0.6”

Context: 592

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · zincTonnes: 592000Grade: 1.5Grade Unit: %Contained Metal: 19.5Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
zinc
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:db524e28ea8b6c23f547
Deposit or zone
George Lk.
Mining method
underground
Ownership percent
100 %

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: This fact shows the zinc grade and contained metal for the Inferred resource in the George Lk. zone, with grades significantly below the weak tier for epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Zinc grade is significantly below the weak tier for epithermal deposits

Evidence · table

“1.5”

Context: 592

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · silverTonnes: 592000Contained Metal: 3567Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:db524e28ea8b6c23f547
Deposit or zone
George Lk.
Mining method
underground
Ownership percent
100 %

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: This fact details the silver equivalent grade and contained metal for the Inferred resource in the George Lk. zone, showing a moderate AgEq grade within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed
  • Silver equivalent grade is moderate for epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“187”

Context: 592

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · goldTonnes: 592000Contained Metal: 54Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:db524e28ea8b6c23f547
Deposit or zone
George Lk.
Mining method
underground
Ownership percent
100 %

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: This fact presents the gold equivalent grade and contained metal for the Inferred resource in the George Lk. zone, with grades below the weak tier for underground epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Gold equivalent grade is below the weak tier for underground epithermal deposits

Evidence · table

“2.8”

Context: 592

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · silverTonnes: 1872000Grade: 179Grade Unit: g/tContained Metal: 10759Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f8485ceb4102aea5dae2
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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 fact details the silver grade and contained metal for the Inferred resource in the Camp - Sveinson zone, showing moderate silver grades within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed
  • Silver grade is moderate for epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“179”

Context: 1,872

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · goldTonnes: 1872000Grade: 0.52Grade Unit: g/tContained Metal: 31Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f8485ceb4102aea5dae2
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact presents the gold grade and contained metal for the Inferred resource in the Camp - Sveinson zone, with grades significantly below the weak tier for underground epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Gold grade is significantly below the weak tier for underground epithermal deposits

Evidence · table

“0.52”

Context: 1,872

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · copperTonnes: 1872000Grade: 0.19Grade Unit: %Contained Metal: 8Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f8485ceb4102aea5dae2
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact shows the copper grade and contained metal for the Inferred resource in the Camp - Sveinson zone, with grades significantly below the weak tier for epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Copper grade is significantly below the weak tier for epithermal deposits

Evidence · table

“0.19”

Context: 1,872

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · leadTonnes: 1872000Grade: 0.4Grade Unit: %Contained Metal: 15.6Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
lead
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f8485ceb4102aea5dae2
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact provides the lead grade and contained metal for the Inferred resource in the Camp - Sveinson zone, with grades significantly below the weak tier for epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Lead grade is significantly below the weak tier for epithermal deposits

Evidence · table

“0.4”

Context: 1,872

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · zincTonnes: 1872000Grade: 1.4Grade Unit: %Contained Metal: 55.9Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
zinc
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f8485ceb4102aea5dae2
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact shows the zinc grade and contained metal for the Inferred resource in the Camp - Sveinson zone, with grades significantly below the weak tier for epithermal deposits within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Zinc grade is significantly below the weak tier for epithermal deposits

Evidence · table

“1.4”

Context: 1,872

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · silverTonnes: 1872000Contained Metal: 16042Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f8485ceb4102aea5dae2
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact details the silver equivalent grade and contained metal for the Inferred resource in the Camp - Sveinson zone, showing a strong AgEq grade within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed
  • Silver equivalent grade is strong for epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“267”

Context: 1,872

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · goldTonnes: 1872000Contained Metal: 243Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:f8485ceb4102aea5dae2
Deposit or zone
Camp - Sveinson
Mining method
underground
Ownership percent
100 %

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: This fact presents the gold equivalent grade and contained metal for the Inferred resource in the Camp - Sveinson zone, showing a moderate AuEq grade within a lower confidence category.

Positive factors

  • NI 43-101 compliant and QP signed
  • Gold equivalent grade is moderate for underground epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“4.0”

Context: 1,872

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · silverTonnes: 5157000Grade: 104Grade Unit: g/tContained Metal: 17314Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:0d465b6882066506a710
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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
Prior Contained Metal
10309.5

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: This fact represents the total Inferred silver resource, showing significant growth in both tonnage and contained metal from the prior estimate, with moderate silver grades within a lower confidence category.

Positive factors

  • Significant tonnage growth (+169%) compared to prior estimate
  • Significant contained silver growth (+67%) compared to prior estimate
  • NI 43-101 compliant and QP signed
  • Silver grade is moderate for epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“104”

Context: 5,157

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 5157000 against 1920000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 17314 against 10309.5 previously

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · goldTonnes: 5157000Grade: 0.7Grade Unit: g/tContained Metal: 117Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:0d465b6882066506a710
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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
Prior Contained Metal
50.431

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: This fact details the total Inferred gold resource, showing significant growth in both tonnage and contained metal from the prior estimate, though gold grades remain below the weak tier for underground epithermal deposits within a lower confidence category.

Positive factors

  • Significant tonnage growth (+169%) compared to prior estimate
  • Significant contained gold growth (+132%) compared to prior estimate
  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Gold grade is below the weak tier for underground epithermal deposits

Evidence · table

“0.7”

Context: 5,157

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 5157000 against 1920000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 117 against 50.431 previously

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · copperTonnes: 5157000Grade: 0.2Grade Unit: %Contained Metal: 21Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:0d465b6882066506a710
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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: This fact presents the total Inferred copper resource, showing significant tonnage growth from the prior estimate, though copper grades remain below the weak tier for epithermal deposits within a lower confidence category.

Positive factors

  • Significant tonnage growth (+169%) compared to prior estimate
  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Copper grade is below the weak tier for epithermal deposits

Evidence · table

“0.2”

Context: 5,157

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 5157000 against 1920000 previously

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · leadTonnes: 5157000Grade: 0.4Grade Unit: %Contained Metal: 46Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
lead
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:0d465b6882066506a710
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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: This fact shows the total Inferred lead resource, showing significant tonnage growth from the prior estimate, though lead grades remain below the weak tier for epithermal deposits within a lower confidence category.

Positive factors

  • Significant tonnage growth (+169%) compared to prior estimate
  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Lead grade is below the weak tier for epithermal deposits

Evidence · table

“0.4”

Context: 5,157

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 5157000 against 1920000 previously

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · zincTonnes: 5157000Grade: 1.7Grade Unit: %Contained Metal: 188Contained Unit: mlbsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
zinc
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:0d465b6882066506a710
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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
Prior Contained Metal
83.928

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: This fact provides the total Inferred zinc resource, showing significant growth in both tonnage and contained metal from the prior estimate, though zinc grades remain below the weak tier for epithermal deposits within a lower confidence category.

Positive factors

  • Significant tonnage growth (+169%) compared to prior estimate
  • Significant contained zinc growth (+124%) compared to prior estimate
  • NI 43-101 compliant and QP signed

Negative factors

  • Inferred resource category carries lower confidence
  • Zinc grade is below the weak tier for epithermal deposits

Evidence · table

“1.7”

Context: 5,157

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 5157000 against 1920000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 188 against 83.928 previously

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · silverTonnes: 5157000Contained Metal: 34950Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:0d465b6882066506a710
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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: This fact details the total Inferred silver equivalent resource, showing significant growth in tonnage from the prior estimate and a strong AgEq grade within a lower confidence category.

Positive factors

  • Significant tonnage growth (+169%) compared to prior estimate
  • NI 43-101 compliant and QP signed
  • Silver equivalent grade is strong for epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“211”

Context: 5,157

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 5157000 against 1920000 previously

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSilver Queen · goldTonnes: 5157000Contained Metal: 529Contained Unit: kozsView all details
Link to this fact

Identity

Project
Silver Queen
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
EQTY

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:0d465b6882066506a710
Deposit or zone
Total
Mining method
underground
Ownership percent
100 %

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: This fact presents the total Inferred gold equivalent resource, showing significant tonnage growth from the prior estimate and a moderate AuEq grade within a lower confidence category.

Positive factors

  • Significant tonnage growth (+169%) compared to prior estimate
  • NI 43-101 compliant and QP signed
  • Gold equivalent grade is moderate for underground epithermal deposits

Negative factors

  • Inferred resource category carries lower confidence

Evidence · table

“3.2”

Context: 5,157

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 5157000 against 1920000 previously

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.