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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb

Original source: https://investingnews.com/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate-at-the-silver-queen-project-bc/

Publisher: investingnews

Original announcement: 2026-09-16T13:40:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Significant increase in Inferred Mineral Resources \(169% tonnage growth\)

- Positive factor: Substantial growth in contained silver \(+68%\), gold \(+132%\), and zinc \(+124%\) for Inferred resources

- Positive factor: NI 43-101 compliant and signed off by independent Qualified Persons

- Positive factor: Detailed disclosure of cut-off grade and metal equivalent assumptions

- Negative factor: High proportion of Inferred resources \(59% by tonnage\) which carries lower geological confidence

- Negative factor: 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 Disclosed**

Polarity: positive

Definition: 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 Update**

Polarity: neutral

Definition: 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)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-0)

Silver Queen · silver

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Silver grade is moderate for epithermal deposits

Evidence · table

> 152

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-1)

Silver Queen · gold

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Gold grade is below the weak tier for underground epithermal deposits

Evidence · table

> 2.15

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-2)

Silver Queen · copper

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Copper grade is below the weak tier for epithermal deposits

Evidence · table

> 0.29

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-3)

Silver Queen · lead

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Lead grade is below the weak tier for epithermal deposits

Evidence · table

> 0.8

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-4)

Silver Queen · zinc

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Zinc grade is below the weak tier for epithermal deposits

Evidence · table

> 4.3

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-5)

Silver Queen · silver

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Silver equivalent grade is strong for epithermal deposits

Evidence · table

> 429

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-6)

Silver Queen · gold

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Gold equivalent grade is moderate for underground epithermal deposits

Evidence · table

> 6.5

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-7)

Silver Queen · silver

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Silver grade is strong for epithermal deposits

Evidence · table

> 344

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-8)

Silver Queen · gold

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Gold grade is significantly below the weak tier for underground epithermal deposits

Evidence · table

> 0.24

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-9)

Silver Queen · copper

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Copper grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 0.12

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-10)

Silver Queen · lead

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Lead grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 0.3

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-11)

Silver Queen · zinc

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Zinc grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 1.1

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-12)

Silver Queen · silver

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Silver equivalent grade is strong for epithermal deposits

Evidence · table

> 401

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-13)

Silver Queen · gold

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Gold equivalent grade is moderate for underground epithermal deposits

Evidence · table

> 6.1

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-14)

Silver Queen · silver

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Silver grade is moderate for epithermal deposits

Evidence · table

> 184

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-15)

Silver Queen · gold

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Gold grade is below the weak tier for underground epithermal deposits

Evidence · table

> 1.8

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-16)

Silver Queen · copper

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Copper grade is below the weak tier for epithermal deposits

Evidence · table

> 0.3

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-17)

Silver Queen · lead

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Lead grade is below the weak tier for epithermal deposits

Evidence · table

> 0.7

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-18)

Silver Queen · zinc

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Zinc grade is below the weak tier for epithermal deposits

Evidence · table

> 3.8

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-19)

Silver Queen · silver

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Silver equivalent grade is strong for epithermal deposits

Evidence · table

> 425

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-20)

Silver Queen · gold

#### 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 factor: Indicated resource category provides higher confidence

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Gold equivalent grade is moderate for underground epithermal deposits

Evidence · table

> 6.4

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-21)

Silver Queen · silver

#### 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 factor: NI 43-101 compliant and QP signed

- Positive factor: Silver grade is moderate for epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 61

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-22)

Silver Queen · gold

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Gold grade is significantly below the weak tier for underground epithermal deposits

Evidence · table

> 0.79

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-23)

Silver Queen · copper

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Copper grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 0.17

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-24)

Silver Queen · lead

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Lead grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 0.4

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-25)

Silver Queen · zinc

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Zinc grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 1.9

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-26)

Silver Queen · silver

#### 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 factor: NI 43-101 compliant and QP signed

- Positive factor: Silver equivalent grade is moderate for epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 177

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-27)

Silver Queen · gold

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Gold equivalent grade is below the weak tier for underground epithermal deposits

Evidence · table

> 2.7

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-28)

Silver Queen · silver

#### 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 factor: NI 43-101 compliant and QP signed

- Positive factor: Silver grade is moderate for epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 66

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-29)

Silver Queen · gold

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Gold grade is significantly below the weak tier for underground epithermal deposits

Evidence · table

> 0.90

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-30)

Silver Queen · copper

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Copper grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 0.21

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-31)

Silver Queen · lead

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Lead grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 0.6

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-32)

Silver Queen · zinc

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Zinc grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 1.5

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-33)

Silver Queen · silver

#### 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 factor: NI 43-101 compliant and QP signed

- Positive factor: Silver equivalent grade is moderate for epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 187

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-34)

Silver Queen · gold

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Gold equivalent grade is below the weak tier for underground epithermal deposits

Evidence · table

> 2.8

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-35)

Silver Queen · silver

#### 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 factor: NI 43-101 compliant and QP signed

- Positive factor: Silver grade is moderate for epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 179

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-36)

Silver Queen · gold

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Gold grade is significantly below the weak tier for underground epithermal deposits

Evidence · table

> 0.52

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-37)

Silver Queen · copper

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Copper grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 0.19

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-38)

Silver Queen · lead

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Lead grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 0.4

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-39)

Silver Queen · zinc

#### 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 factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Zinc grade is significantly below the weak tier for epithermal deposits

Evidence · table

> 1.4

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-40)

Silver Queen · silver

#### 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 factor: NI 43-101 compliant and QP signed

- Positive factor: Silver equivalent grade is strong for epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 267

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-41)

Silver Queen · gold

#### 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 factor: NI 43-101 compliant and QP signed

- Positive factor: Gold equivalent grade is moderate for underground epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 4.0

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-42)

Silver Queen · silver

#### 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 factor: Significant tonnage growth \(+169%\) compared to prior estimate

- Positive factor: Significant contained silver growth \(+67%\) compared to prior estimate

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Silver grade is moderate for epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 104

Context: 5,157

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

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

Why it applies: 5157000 against 1920000 previously

**Contained Metal Growth**

Polarity: positive

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

Why it applies: 17314 against 10309.5 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-43)

Silver Queen · gold

#### 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 factor: Significant tonnage growth \(+169%\) compared to prior estimate

- Positive factor: Significant contained gold growth \(+132%\) compared to prior estimate

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Gold grade is below the weak tier for underground epithermal deposits

Evidence · table

> 0.7

Context: 5,157

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

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

Why it applies: 5157000 against 1920000 previously

**Contained Metal Growth**

Polarity: positive

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

Why it applies: 117 against 50.431 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-44)

Silver Queen · copper

#### 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 factor: Significant tonnage growth \(+169%\) compared to prior estimate

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Copper grade is below the weak tier for epithermal deposits

Evidence · table

> 0.2

Context: 5,157

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

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

Why it applies: 5157000 against 1920000 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-45)

Silver Queen · lead

#### 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 factor: Significant tonnage growth \(+169%\) compared to prior estimate

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Lead grade is below the weak tier for epithermal deposits

Evidence · table

> 0.4

Context: 5,157

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

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

Why it applies: 5157000 against 1920000 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-46)

Silver Queen · zinc

#### 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 factor: Significant tonnage growth \(+169%\) compared to prior estimate

- Positive factor: Significant contained zinc growth \(+124%\) compared to prior estimate

- Positive factor: NI 43-101 compliant and QP signed

- Negative factor: Inferred resource category carries lower confidence

- Negative factor: Zinc grade is below the weak tier for epithermal deposits

Evidence · table

> 1.7

Context: 5,157

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

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

Why it applies: 5157000 against 1920000 previously

**Contained Metal Growth**

Polarity: positive

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

Why it applies: 188 against 83.928 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-47)

Silver Queen · silver

#### 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 factor: Significant tonnage growth \(+169%\) compared to prior estimate

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Silver equivalent grade is strong for epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 211

Context: 5,157

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

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

Why it applies: 5157000 against 1920000 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb#fact-resource-facts-48)

Silver Queen · gold

#### 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 factor: Significant tonnage growth \(+169%\) compared to prior estimate

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Gold equivalent grade is moderate for underground epithermal deposits

- Negative factor: Inferred resource category carries lower confidence

Evidence · table

> 3.2

Context: 5,157

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

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

Why it applies: 5157000 against 1920000 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;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.
