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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f

Original source: https://orestocks.com/company/EQTY.V/press-releases/5611795728975550

Publisher: orestocks

Original announcement: 2026-09-16T14:40:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-16T15:36:07.764Z

Atlas analysis updated: 2026-09-16T15:36:07.764Z

- Company: Equity Metals Corporation

- Ticker: EQTY.V

- Exchange: Unavailable

- Region: British Columbia, Canada

- Primary commodity: Gold

- Secondary commodities: Silver, Copper, Lead, Zinc

- Document categories: Resource update

- Extracted: 2026-09-16 15:36:08 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Equity Metals Corporation has announced a significant increase to the Mineral Resource Estimate at its Silver Queen Project in British Columbia, Canada, with an effective date of September 11, 2026. The updated NI 43-101 compliant MRE reports 3.57 Mt Indicated resources and 5.16 Mt Inferred resources, representing a 3% and 169% increase in tonnage respectively from the prior 2022 estimate. This expansion, driven by new drilling and the inclusion of the George Lake Zone, significantly boosts contained metal, particularly in the Inferred category, with silver up 68%, gold up 132%, and zinc up 124%.

Reasoning: Equity Metals announced a significant update to its Silver Queen MRE, showing substantial growth in Inferred resources \(169% tonnage increase\) and contained metal \(e.g., 132% for gold, 68% for silver\) due to new drilling and the inclusion of the George Lake Zone. The estimate is NI 43-101 compliant with disclosed parameters, enhancing confidence in the project's expanded resource potential, although a large portion remains in the Inferred category.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Metal Equivalent Assumptions Disclosed

- Positive factor: QA/QC Disclosed

- Negative factor: Inferred Resource

Facts used in scoring: 49

## Classification and evidence

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: Inferred tonnage increased by 169% from 1.92Mt to 5.16Mt, and Indicated tonnage increased by 3% from the prior estimate.

Evidence · text

> The updated MRE increases Indicated and Inferred tonnages by approximately 3% and 169%respectively

**Contained Metal Growth**

Polarity: positive

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

Why it applies: Inferred contained silver increased by 68%, gold by 132%, and zinc by 124% from the prior estimate.

Evidence · text

> The Inferred Mineral Resources feature a significant increase in both tonnage, as well as in contained silver \(+68%\), gold \(+132%\) and zinc \(+124%\).

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The MRE was completed in accordance with National Instrument 43-101.

Evidence · text

> completed an updated Independent Mineral Resource Estimate \("MRE"\) in accordance with National Instrument 43-101 \("NI 43-101"\)

**QP/CP Signed**

Polarity: positive

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

Why it applies: The Mineral Resource Estimate was prepared by Garth Kirkham, Eugene Puritch, and Fred Brown, who are Independent Qualified Persons.

Evidence · text

> The current Mineral Resource Estimate was prepared by Garth Kirkham, P.Geo., of Kirkham Geosystems Ltd and Eugene Puritch, P. Eng., FEC, CET and Fred Brown, P, Geo. of P&amp;E Mining Consultants Inc. \("P&amp;E"\), Independent Qualified Persons \("QP"\), as defined by National instrument 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 MRE utilizes a Net Smelter Return \("NSR"\) cut-off at C$122/t.

Evidence · text

> The MRE utilizes a Net Smelter Return \("NSR"\) cut-off at C$122/t

**Inferred Resource**

Polarity: negative

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

Why it applies: Approximately 59% of the Mineral Resources are classified as Inferred Resources on a tonnage basis.

Evidence · text

> Approximately 59% of the Mineral Resources are classified as Inferred Resources on a tonnage basis.

**Resource Update**

Polarity: neutral

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

Why it applies: The document presents an updated Mineral Resource Estimate that supersedes a prior 2022 estimate.

Evidence · text

> completed an updated Independent Mineral Resource Estimate \("MRE"\)

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Established QA/QC protocols were implemented including 'blind' insertions of standards, blanks, and field duplicates, with results monitored and verified.

Evidence · text

> Established QA/QC quality protocols were implemented by Equity Metals throughout the drill program including "blind" insertions of various standard pulps, blanks, and field duplicates. Certified standards and prepared blanks were used, as well as local quarry rock. Overall ~10% of the total assays were QA/QC-related; the results of which were carefully monitored and verified.

## 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-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-0)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0a5200133601e7770e91
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 2977000
- Grade: 152
- Grade Unit: g/t
- Contained Metal: 14532
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated silver resource in the No. 3 - NG3 zone contributes significantly to the overall Indicated resource, with a strong grade.

Evidence · table

> 152

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-1)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0a5200133601e7770e91
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 2977000
- Grade: 2.15
- Grade Unit: g/t
- Contained Metal: 206
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated gold resource in the No. 3 - NG3 zone contributes significantly to the overall Indicated resource, with a strong grade for an epithermal deposit.

Evidence · table

> 2.15

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-2)

Silver Queen Ag-Au Project · copper

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0a5200133601e7770e91
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 2977000
- Grade: 0.29
- Grade Unit: %
- Contained Metal: 19
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated copper resource in the No. 3 - NG3 zone contributes to the polymetallic nature of the deposit.

Evidence · table

> 0.29

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-3)

Silver Queen Ag-Au Project · lead

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: lead
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0a5200133601e7770e91
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 2977000
- Grade: 0.8
- Grade Unit: %
- Contained Metal: 51
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated lead resource in the No. 3 - NG3 zone contributes to the polymetallic nature of the deposit.

Evidence · table

> 0.8

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-4)

Silver Queen Ag-Au Project · zinc

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: zinc
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0a5200133601e7770e91
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 2977000
- Grade: 4.3
- Grade Unit: %
- Contained Metal: 284.6
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated zinc resource in the No. 3 - NG3 zone contributes significantly to the overall Indicated resource, with a strong grade.

Evidence · table

> 4.3

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-5)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0a5200133601e7770e91
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 2977000
- Contained Metal: 41091
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 429
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated silver equivalent grade for the No. 3 - NG3 zone is strong, reflecting the polymetallic nature and overall value.

Evidence · table

> 429

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-6)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0a5200133601e7770e91
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 2977000
- Contained Metal: 622
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 6.5
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated gold equivalent grade for the No. 3 - NG3 zone is strong, reflecting the polymetallic nature and overall value.

Evidence · table

> 6.5

Context: 2,977

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-7)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:ca245430d90db90406f5
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 588000
- Grade: 344
- Grade Unit: g/t
- Contained Metal: 6505
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated silver resource in the Camp - Sveinson zone shows a very high grade, contributing significantly to the precious metal content.

Evidence · table

> 344

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-8)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:ca245430d90db90406f5
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 588000
- Grade: 0.24
- Grade Unit: g/t
- Contained Metal: 5
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated gold resource in the Camp - Sveinson zone is present but at a lower grade compared to silver, indicating a silver-dominant zone.

Evidence · table

> 0.24

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-9)

Silver Queen Ag-Au Project · copper

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:ca245430d90db90406f5
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 588000
- Grade: 0.12
- Grade Unit: %
- Contained Metal: 1.6
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated copper resource in the Camp - Sveinson zone is present but at a lower grade, contributing to the polymetallic nature.

Evidence · table

> 0.12

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-10)

Silver Queen Ag-Au Project · lead

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: lead
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:ca245430d90db90406f5
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 588000
- Grade: 0.3
- Grade Unit: %
- Contained Metal: 3.9
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated lead resource in the Camp - Sveinson zone is present but at a lower grade, contributing to the polymetallic nature.

Evidence · table

> 0.3

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-11)

Silver Queen Ag-Au Project · zinc

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: zinc
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:ca245430d90db90406f5
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 588000
- Grade: 1.1
- Grade Unit: %
- Contained Metal: 14.7
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated zinc resource in the Camp - Sveinson zone is present but at a lower grade, contributing to the polymetallic nature.

Evidence · table

> 1.1

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-12)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:ca245430d90db90406f5
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 588000
- Contained Metal: 7580
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 401
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated silver equivalent grade for the Camp - Sveinson zone is strong, reflecting the high silver grades and overall value.

Evidence · table

> 401

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-13)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:ca245430d90db90406f5
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 588000
- Contained Metal: 115
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 6.1
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Indicated gold equivalent grade for the Camp - Sveinson zone is strong, reflecting the high silver grades and overall value.

Evidence · table

> 6.1

Context: 588

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-14)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0675d3c9bd72180f5c8b
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 3565000
- Grade: 184
- Grade Unit: g/t
- Contained Metal: 21037
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 3466000

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Indicated silver resource shows a 3% tonnage increase from the prior estimate, contributing to overall resource growth.

- Positive factor: Tonnage Growth

Evidence · table

> 184

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-15)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0675d3c9bd72180f5c8b
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 3565000
- Grade: 1.8
- Grade Unit: g/t
- Contained Metal: 210
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 3466000

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Indicated gold resource shows a 3% tonnage increase from the prior estimate, contributing to overall resource growth.

- Positive factor: Tonnage Growth

Evidence · table

> 1.8

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-16)

Silver Queen Ag-Au Project · copper

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0675d3c9bd72180f5c8b
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 3565000
- Grade: 0.3
- Grade Unit: %
- Contained Metal: 21
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 3466000

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Indicated copper resource shows a 3% tonnage increase from the prior estimate, contributing to overall resource growth.

- Positive factor: Tonnage Growth

Evidence · table

> 0.3

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-17)

Silver Queen Ag-Au Project · lead

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: lead
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0675d3c9bd72180f5c8b
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 3565000
- Grade: 0.7
- Grade Unit: %
- Contained Metal: 55
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 3466000

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Indicated lead resource shows a 3% tonnage increase from the prior estimate, contributing to overall resource growth.

- Positive factor: Tonnage Growth

Evidence · table

> 0.7

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-18)

Silver Queen Ag-Au Project · zinc

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: zinc
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0675d3c9bd72180f5c8b
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 3565000
- Grade: 3.8
- Grade Unit: %
- Contained Metal: 299
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 3466000

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Indicated zinc resource shows a 3% tonnage increase from the prior estimate, contributing to overall resource growth.

- Positive factor: Tonnage Growth

Evidence · table

> 3.8

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-19)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0675d3c9bd72180f5c8b
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 3565000
- Contained Metal: 48671
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 3466000

#### Metal Equivalent

- Metal Eq. Grade: 425
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Indicated silver equivalent resource shows a 3% tonnage increase from the prior estimate, contributing to overall resource growth.

- Positive factor: Tonnage Growth

Evidence · table

> 425

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-20)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:0675d3c9bd72180f5c8b
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 3565000
- Contained Metal: 737
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 3466000

#### Metal Equivalent

- Metal Eq. Grade: 6.4
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Indicated gold equivalent resource shows a 3% tonnage increase from the prior estimate, contributing to overall resource growth.

- Positive factor: Tonnage Growth

Evidence · table

> 6.4

Context: 3,565

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-21)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:1dc06d573bb0fbbaa84e
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 2693000
- Grade: 61
- Grade Unit: g/t
- Contained Metal: 5293
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred silver resource in the No. 3 - NG3 zone contributes significantly to the overall Inferred resource expansion.

Evidence · table

> 61

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-22)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:1dc06d573bb0fbbaa84e
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 2693000
- Grade: 0.79
- Grade Unit: g/t
- Contained Metal: 69
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred gold resource in the No. 3 - NG3 zone contributes significantly to the overall Inferred resource expansion.

Evidence · table

> 0.79

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-23)

Silver Queen Ag-Au Project · copper

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:1dc06d573bb0fbbaa84e
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 2693000
- Grade: 0.17
- Grade Unit: %
- Contained Metal: 9.9
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred copper resource in the No. 3 - NG3 zone contributes to the polymetallic nature of the expanded Inferred resource.

Evidence · table

> 0.17

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-24)

Silver Queen Ag-Au Project · lead

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: lead
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:1dc06d573bb0fbbaa84e
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 2693000
- Grade: 0.4
- Grade Unit: %
- Contained Metal: 22.8
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred lead resource in the No. 3 - NG3 zone contributes to the polymetallic nature of the expanded Inferred resource.

Evidence · table

> 0.4

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-25)

Silver Queen Ag-Au Project · zinc

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: zinc
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:1dc06d573bb0fbbaa84e
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 2693000
- Grade: 1.9
- Grade Unit: %
- Contained Metal: 112.9
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred zinc resource in the No. 3 - NG3 zone contributes significantly to the overall Inferred resource expansion.

Evidence · table

> 1.9

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-26)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:1dc06d573bb0fbbaa84e
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 2693000
- Contained Metal: 15341
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 177
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred silver equivalent grade for the No. 3 - NG3 zone is strong, reflecting the polymetallic nature and overall value of the expanded Inferred resource.

Evidence · table

> 177

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-27)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:1dc06d573bb0fbbaa84e
- Deposit or zone: No. 3 - NG3
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 2693000
- Contained Metal: 232
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 2.7
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred gold equivalent grade for the No. 3 - NG3 zone is strong, reflecting the polymetallic nature and overall value of the expanded Inferred resource.

Evidence · table

> 2.7

Context: 2,693

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-28)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:9739b8bdbad0ffbda84d
- Deposit or zone: George Lk.
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 592000
- Grade: 66
- Grade Unit: g/t
- Contained Metal: 1262
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Newly added Inferred silver resource from the George Lake Zone contributes to the overall Inferred resource expansion.

Evidence · table

> 66

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-29)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:9739b8bdbad0ffbda84d
- Deposit or zone: George Lk.
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 592000
- Grade: 0.9
- Grade Unit: g/t
- Contained Metal: 17
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Newly added Inferred gold resource from the George Lake Zone contributes to the overall Inferred resource expansion.

Evidence · table

> 0.90

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-30)

Silver Queen Ag-Au Project · copper

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:9739b8bdbad0ffbda84d
- Deposit or zone: George Lk.
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 592000
- Grade: 0.21
- Grade Unit: %
- Contained Metal: 2.8
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Newly added Inferred copper resource from the George Lake Zone contributes to the polymetallic nature of the expanded Inferred resource.

Evidence · table

> 0.21

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-31)

Silver Queen Ag-Au Project · lead

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: lead
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:9739b8bdbad0ffbda84d
- Deposit or zone: George Lk.
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 592000
- Grade: 0.6
- Grade Unit: %
- Contained Metal: 7.8
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Newly added Inferred lead resource from the George Lake Zone contributes to the polymetallic nature of the expanded Inferred resource.

Evidence · table

> 0.6

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-32)

Silver Queen Ag-Au Project · zinc

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: zinc
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:9739b8bdbad0ffbda84d
- Deposit or zone: George Lk.
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 592000
- Grade: 1.5
- Grade Unit: %
- Contained Metal: 19.5
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Newly added Inferred zinc resource from the George Lake Zone contributes to the overall Inferred resource expansion.

Evidence · table

> 1.5

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-33)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:9739b8bdbad0ffbda84d
- Deposit or zone: George Lk.
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 592000
- Contained Metal: 3567
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 187
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Newly added Inferred silver equivalent grade for the George Lake Zone contributes to the overall Inferred resource expansion.

Evidence · table

> 187

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-34)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:9739b8bdbad0ffbda84d
- Deposit or zone: George Lk.
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 592000
- Contained Metal: 54
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 2.8
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Newly added Inferred gold equivalent grade for the George Lake Zone contributes to the overall Inferred resource expansion.

Evidence · table

> 2.8

Context: 592

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-35)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:2f74f349ba8c431c3ad0
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 1872000
- Grade: 179
- Grade Unit: g/t
- Contained Metal: 10759
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred silver resource in the Camp - Sveinson zone contributes significantly to the overall Inferred resource expansion.

Evidence · table

> 179

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-36)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:2f74f349ba8c431c3ad0
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 1872000
- Grade: 0.52
- Grade Unit: g/t
- Contained Metal: 31
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred gold resource in the Camp - Sveinson zone contributes significantly to the overall Inferred resource expansion.

Evidence · table

> 0.52

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-37)

Silver Queen Ag-Au Project · copper

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:2f74f349ba8c431c3ad0
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 1872000
- Grade: 0.19
- Grade Unit: %
- Contained Metal: 8
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred copper resource in the Camp - Sveinson zone contributes to the polymetallic nature of the expanded Inferred resource.

Evidence · table

> 0.19

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-38)

Silver Queen Ag-Au Project · lead

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: lead
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:2f74f349ba8c431c3ad0
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 1872000
- Grade: 0.4
- Grade Unit: %
- Contained Metal: 15.6
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred lead resource in the Camp - Sveinson zone contributes to the polymetallic nature of the expanded Inferred resource.

Evidence · table

> 0.4

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-39)

Silver Queen Ag-Au Project · zinc

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: zinc
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:2f74f349ba8c431c3ad0
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 1872000
- Grade: 1.4
- Grade Unit: %
- Contained Metal: 55.9
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred zinc resource in the Camp - Sveinson zone contributes significantly to the overall Inferred resource expansion.

Evidence · table

> 1.4

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-40)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:2f74f349ba8c431c3ad0
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 1872000
- Contained Metal: 16042
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 267
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred silver equivalent grade for the Camp - Sveinson zone is strong, reflecting the polymetallic nature and overall value of the expanded Inferred resource.

Evidence · table

> 267

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-41)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:2f74f349ba8c431c3ad0
- Deposit or zone: Camp - Sveinson
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 1872000
- Contained Metal: 243
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11

#### Metal Equivalent

- Metal Eq. Grade: 4
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred gold equivalent grade for the Camp - Sveinson zone is strong, reflecting the polymetallic nature and overall value of the expanded Inferred resource.

Evidence · table

> 4.0

Context: 1,872

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-42)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:606848126d84dd95d704
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 5157000
- Grade: 104
- Grade Unit: g/t
- Contained Metal: 17314
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 1918000
- Prior Contained Metal: 10294.047

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Inferred silver resource shows a 169% tonnage increase and 68% contained metal increase from the prior estimate, significantly expanding the resource base, though it remains in the Inferred category.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Negative factor: Inferred Resource

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: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 5157000 against 1918000 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 10294.047 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-43)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:606848126d84dd95d704
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 5157000
- Grade: 0.7
- Grade Unit: g/t
- Contained Metal: 117
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 1918000
- 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: Total Inferred gold resource shows a 169% tonnage increase and 132% contained metal increase from the prior estimate, significantly expanding the resource base, though it remains in the Inferred category.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Negative factor: Inferred Resource

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: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 5157000 against 1918000 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-44)

Silver Queen Ag-Au Project · copper

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:606848126d84dd95d704
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 5157000
- Grade: 0.2
- Grade Unit: %
- Contained Metal: 21
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 1918000

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Inferred copper resource shows a 169% tonnage increase from the prior estimate, contributing to overall resource growth, though it remains in the Inferred category.

- Positive factor: Tonnage Growth

- Negative factor: Inferred Resource

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: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 5157000 against 1918000 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-45)

Silver Queen Ag-Au Project · lead

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: lead
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:606848126d84dd95d704
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 5157000
- Grade: 0.4
- Grade Unit: %
- Contained Metal: 46
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 1918000

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Total Inferred lead resource shows a 169% tonnage increase from the prior estimate, contributing to overall resource growth, though it remains in the Inferred category.

- Positive factor: Tonnage Growth

- Negative factor: Inferred Resource

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: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 5157000 against 1918000 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-46)

Silver Queen Ag-Au Project · zinc

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: zinc
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:606848126d84dd95d704
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 5157000
- Grade: 1.7
- Grade Unit: %
- Contained Metal: 188
- Contained Unit: mlbs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 1918000
- 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: Total Inferred zinc resource shows a 169% tonnage increase and 124% contained metal increase from the prior estimate, significantly expanding the resource base, though it remains in the Inferred category.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Negative factor: Inferred Resource

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: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 5157000 against 1918000 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-47)

Silver Queen Ag-Au Project · silver

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:606848126d84dd95d704
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 5157000
- Contained Metal: 34950
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 1918000

#### 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: Total Inferred silver equivalent resource shows a 169% tonnage increase from the prior estimate, significantly expanding the resource base, though it remains in the Inferred category.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Negative factor: Inferred Resource

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: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 5157000 against 1918000 previously

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--550be959-56d3-4119-b265-6562d6773a8f#fact-resource-facts-48)

Silver Queen Ag-Au Project · gold

#### Identity

- Project: Silver Queen Ag-Au Project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: EQTY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-11T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Garth Kirkham, Eugene Puritch, Fred Brown
- Resource group id: resource:606848126d84dd95d704
- Deposit or zone: Total
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 5157000
- Contained Metal: 529
- Contained Unit: kozs
- Cutoff Grade: 122
- Cutoff Unit: C$/t NSR

#### Prior Estimate

- Resource Date: 2026-09-11
- Prior Tonnes: 1918000

#### 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: Total Inferred gold equivalent resource shows a 169% tonnage increase from the prior estimate, significantly expanding the resource base, though it remains in the Inferred category.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Negative factor: Inferred Resource

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: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 5157000 against 1918000 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

## 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.
