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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03

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

Publisher: tmx

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

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Arizona Metals Corp.

- Ticker: AMC

- Exchange: TSX

- Region: Arizona, USA

- Primary commodity: Copper

- Secondary commodities: Gold, Silver, Lead, Zinc

- Document categories: Resource update, Other

- Extracted: 2026-08-22 22:34:33 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Arizona Metals has filed an NI 43-101 Technical Report for the Preliminary Economic Assessment \(PEA\) of the Kay Mine Project in Arizona. The project features a steeply dipping VMS deposit with an Indicated resource of 9.28 Mt at 3.18% CuEq.

Reasoning: The filing of a PEA technical report for a multi-commodity VMS project with a substantial Indicated resource is a major project milestone.

- Positive factor: Significant Indicated resource established

- Positive factor: High CuEq grades

- Positive factor: VMS deposit type

- Negative factor: Preliminary nature of PEA

- Negative factor: Reliance on Inferred resources

Facts used in scoring: 10

## Classification and evidence

**Indicated Resource**

Polarity: positive

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

Why it applies: The report specifies an Indicated category for the 9.28 Mt resource.

Evidence · text

> 9.28 million tonnes grading 1.39 g/t Au, 27.6 g/t Ag, 0.97% Cu, 0.33% Pb and 2.39% Zn in the Indicated category

**Inferred Resource**

Polarity: negative

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

Why it applies: The report specifies an Inferred category for the 0.86 Mt resource.

Evidence · text

> 0.86 million tonnes grading 1.06 g/t Au, 15.4 g/t Ag, 0.87% Cu, 0.20% Pb and 1.68% Zn in the Inferred category

**QP/CP Signed**

Polarity: positive

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

Why it applies: Multiple independent Qualified Persons are named for various sections of the report.

Evidence · text

> It was authored by independent Qualified Persons in accordance with NI 43-101.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: The base-case cut-off grade of 1.00% CuEq is explicitly stated.

Evidence · text

> at a base-case cut-off grade of 1.00% CuEq

## Extracted facts

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

## Resource Estimates (10)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-0)

gold

#### Identity

- Commodity: gold
- Ticker: AMC

#### Resource Data

- Category: indicated
- Tonnes: 9280000
- Grade: 1.39
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Indicated grade for a VMS deposit.

Evidence · text

> 9.28 million tonnes grading 1.39 g/t Au

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-1)

silver

#### Identity

- Commodity: silver
- Ticker: AMC

#### Resource Data

- Category: indicated
- Tonnes: 9280000
- Grade: 27.6
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Indicated byproduct silver grade.

Evidence · text

> 27.6 g/t Ag

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-2)

copper

#### Identity

- Commodity: copper
- Ticker: AMC

#### Resource Data

- Category: indicated
- Tonnes: 9280000
- Grade: 0.97
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Primary metal grade in Indicated category.

Evidence · text

> 0.97% Cu

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-3)

lead

#### Identity

- Commodity: lead
- Ticker: AMC

#### Resource Data

- Category: indicated
- Tonnes: 9280000
- Grade: 0.33
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Indicated byproduct lead grade.

Evidence · text

> 0.33% Pb

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-4)

zinc

#### Identity

- Commodity: zinc
- Ticker: AMC

#### Resource Data

- Category: indicated
- Tonnes: 9280000
- Grade: 2.39
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Significant zinc grade in Indicated category.

Evidence · text

> 2.39% Zn

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-5)

gold

#### Identity

- Commodity: gold
- Ticker: AMC

#### Resource Data

- Category: inferred
- Tonnes: 860000
- Grade: 1.06
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred gold grade.

Evidence · text

> 0.86 million tonnes grading 1.06 g/t Au

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-6)

silver

#### Identity

- Commodity: silver
- Ticker: AMC

#### Resource Data

- Category: inferred
- Tonnes: 860000
- Grade: 15.4
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred byproduct silver grade.

Evidence · text

> 15.4 g/t Ag

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-7)

copper

#### Identity

- Commodity: copper
- Ticker: AMC

#### Resource Data

- Category: inferred
- Tonnes: 860000
- Grade: 0.87
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred copper grade.

Evidence · text

> 0.87% Cu

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-8)

lead

#### Identity

- Commodity: lead
- Ticker: AMC

#### Resource Data

- Category: inferred
- Tonnes: 860000
- Grade: 0.2
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred byproduct lead grade.

Evidence · text

> 0.20% Pb

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/arizona-metals-announces-filing-of-the-ni-43-101-technical-report-for-the-kay-mi--1b8b297e-78a3-4a51-9c4c-56e26997bb03#fact-resource-facts-9)

zinc

#### Identity

- Commodity: zinc
- Ticker: AMC

#### Resource Data

- Category: inferred
- Tonnes: 860000
- Grade: 1.68
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-12T00:00:00.000Z

Reasoning: Inferred zinc grade.

Evidence · text

> 1.68% Zn

## 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.
