Northwire Canada EditionTuesday, November 3, 2026
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
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Arizona Metals Announces Filing of the NI 43-101 Technical Report for the Kay Mine Project Preliminary Economic Assessment

AMC · Price

Executive Summary

  • Arizona Metals Corp. announced the filing of an independent NI 43-101 technical report covering the Preliminary Economic Assessment (PEA) for its 100% owned Kay Mine Project in Arizona.
  • The technical report, prepared by G Mining Services and multiple independent engineering/geological firms, confirms no material differences from the PEA previously disclosed on April 30, 2026.
  • The release details the underlying 2025 Mineral Resource Estimate, project geology, and comprehensive QA/QC protocols, providing the technical foundation for the company's economic evaluation and future development planning.

Key Details

  • Filing & Effective Dates: Technical report dated June 12, 2026, with an effective date of April 30, 2026.
  • Report Title: "Preliminary Economic Assessment - NI 43-101 Technical Report, Kay Mine Project, Arizona, USA"
  • Preparation Team: Authored by G Mining Services Inc., with contributions from SGS Canada Inc. (Geological Services), WestLand Engineering & Environmental Services, and HALEY & ALDRICH, Inc.
  • Materiality Statement: No material differences exist in the Technical Report compared to the PEA disclosed in the April 30, 2026 news release.
  • Qualified Persons & Responsibilities:
  • Allan Armitage & Ben Eggers (SGS Canada): 2025 Mineral Resource Estimate
  • Hind Zniber El Mouhabbis (G Mining): Economic analysis & 2026 PEA
  • Carl Michaud (G Mining): Underground mining & 2026 PEA
  • Sunil Koppalkar (G Mining): Process & 2026 PEA
  • Nicolas Vanier-Larrivée (G Mining): Infrastructure & 2026 PEA
  • Richard DeLong (WestLand): Environment & 2026 PEA
  • Eric J. Mears (HALEY & ALDRICH): Closure & 2026 PEA
  • 2025 Mineral Resource Estimate (Effective June 17, 2025):
  • Indicated: 9.28 million tonnes @ 1.39 g/t Au, 27.6 g/t Ag, 0.97% Cu, 0.33% Pb, 2.39% Zn (3.18% CuEq)
  • Inferred: 0.86 million tonnes @ 1.06 g/t Au, 15.4 g/t Ag, 0.87% Cu, 0.20% Pb, 1.68% Zn (2.44% CuEq)
  • Base-case cut-off grade: 1.00% CuEq
  • Project Geology & Status: Steeply dipping VMS deposit defined from 60m to at least 900m depth; remains open for expansion on strike and at depth.
  • QA/QC Protocol: Blind standard reference materials and blanks inserted at regular intervals. Drill core diamond-sawn on-site and transported to ALS Laboratories (Tucson, AZ) for preparation.
  • Analytical Methods: Gold analyzed via fire assay (30g charge) with ICP finish (ALS method Au-AA23). Silver and 32 other elements analyzed via ICP with four-acid digestion (ALS method ME-ICP61a). Over-limit samples for Au, Ag, Cu, and Zn analyzed via ore-grade methods (Au-GRA21, Ag-OG62, Cu-OG62, Zn-OG62).
  • Data Verification: David Smith, CPG (VP Exploration), devised and monitored the QA/QC program, verified all drill data, sampling, analytical results, and QA/QC procedures. No limitations on the verification process.
  • Additional Asset: 100% owned Sugarloaf Peak Project (La Paz County, AZ) holds a historic 1983 estimate of 100 million short tons @ 0.5 g/t Au (1.5M oz Au). Not verified as a current mineral resource; requires significant data compilation, re-drilling, and verification by a Qualified Person.
Read the original news release →

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