# Arizona Eagle Mining Corp. Announces DTC Eligibility, Allowing for Electronic Settlement of Trades in the United States

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/arizona-eagle-mining-corp-announces-dtc-eligibility-allowing-for-electronic-sett--ffcfd4d7-7138-454a-bf0c-60bb74d740f0

Original source: https://www.newsfilecorp.com/release/318580/Arizona-Eagle-Mining-Corp.-Announces-DTC-Eligibility-Allowing-for-Electronic-Settlement-of-Trades-in-the-United-States

Publisher: newsfile

Original announcement: 2026-10-13T09:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-13T09:31:53.292Z

Atlas analysis updated: 2026-10-13T09:31:53.292Z

- Company: Arizona Eagle Mining Corp.

- Ticker: AZEM

- Exchange: Unavailable

- Region: Arizona

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Other, Resource update

- Extracted: 2026-10-13 09:31:54 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Arizona Eagle Mining Corp. has announced that its common shares are now eligible for electronic clearing and settlement in the United States through the DTC. The company also provided context on its Eagle Project, noting a historical estimate for the McCabe Mine, while cautioning investors against relying on that non-compliant data.

Reasoning: The primary news is a corporate administrative milestone \(DTC eligibility\) which improves trading infrastructure, supplemented by background on a historical resource estimate.

- Positive factor: DTC eligibility enhances US liquidity and investor access

- Positive factor: Expansion of land position to 4,169 acres

- Positive factor: Historical high-grade context at McCabe Mine

- Negative factor: Historical estimate is non-compliant and should not be relied upon

Facts used in scoring: 2

## Classification and evidence

**Historical Estimate Only**

Polarity: negative

Story-specific tag

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The document contains a significant historical estimate from 1984 that is not compliant with current NI 43-101 standards.

Evidence · text

> The Historical Estimate is a historical estimate for the purposes of National Instrument 43-101... it should not be relied upon.

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### McCabe Mine

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-eagle-mining-corp-announces-dtc-eligibility-allowing-for-electronic-sett--ffcfd4d7-7138-454a-bf0c-60bb74d740f0#fact-resource-facts-0)

Eagle Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Eagle Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona
- Ticker: AZEM

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- Resource group id: resource:b2ac31ec1afb3cc12685
- Deposit or zone: McCabe Mine

#### Resource Data

- Tonnes: 2593682
- Grade: 11.7
- Grade Unit: g/t
- Contained Metal: 877617
- Contained Unit: oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 1984-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This is a restatement of a 1984 historical estimate that the company explicitly warns should not be relied upon for current economic analysis.

- Negative factor: Non-compliant with NI 43-101

- Negative factor: No technical report available

- Negative factor: Historical categories do not match CIM standards

Evidence · text

> In 1984, Stan West Mining published the Historical Estimate of approximately 880,000 ounces of gold grading 11.7 g/t

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 42.8 years before this release

### McCabe Mine

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-eagle-mining-corp-announces-dtc-eligibility-allowing-for-electronic-sett--ffcfd4d7-7138-454a-bf0c-60bb74d740f0#fact-resource-facts-1)

Eagle Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Eagle Project
- Commodity: silver
- Region: usa\_az
- Reported Region: Arizona
- Ticker: AZEM

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- Resource group id: resource:b2ac31ec1afb3cc12685
- Deposit or zone: McCabe Mine

#### Resource Data

- Tonnes: 2593682
- Grade: 69
- Grade Unit: g/t
- Contained Metal: 5119169
- Contained Unit: oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 1984-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This is a restatement of a 1984 historical estimate that the company explicitly warns should not be relied upon.

- Negative factor: Non-compliant with NI 43-101

- Negative factor: No technical report available

Evidence · text

> 5 million ounces of silver grading 69 g/t

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 42.8 years before this release

## How Atlas produces this analysis

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