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Arizona Metals Announces Results of Preliminary Economic Assessment for the Kay Mine Project
Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) (the "Company" or "Arizona Metals") is pleased to announce the results of a Preliminary Economic Assessment ("PEA"), supporting the initial mineral resource estimate for its Kay Mine Project ("the Project") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
About this update from Arizona Metals Corp
[{"type":"text","content":"/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./","length":182,"tagName":"p","attribs":{}},{"type":"text","content":"TORONTO, April 30, 2026 /CNW/ - Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) (the "Company" or "Arizona Metals") is pleased to announce the results of a Preliminary Economic Assessment ("PEA"), supporting the initial mineral resource estimate for its Kay Mine Project ("the Project") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").","length":452,"tagName":"p"},{"type":"text","content":"The full technical report, which is being prepared in accordance with NI 43-101, will be available on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile within 45 days.","length":182,"tagName":"p"},{"type":"text","content":"This independent study was prepared by G Mining Services Inc. ("GMS") and included the contributions of other recognized project expertise such as SGS Geological Services ("SGS"), WestLand Engineering & Environmental Services, and Haley & Aldrich.","length":275,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Base Case* After-Tax NPV5% of US$-6 million and IRR of 4.9% at US$4.70/lb copper, US$1.27/lb zinc, US$3,100/oz gold and US$38/oz silver.","length":136,"tagName":"p"}]},{"val":[{"type":"text","content":"Spot Case** After-Tax NPV5% of US$445 million and IRR of 14.9% at US$6.05/lb copper, US$1.57/lb zinc, US$4,745/oz gold and US$77.48/oz silver.","length":142,"tagName":"p"}]},{"val":[{"type":"text","content":"127 Mlbs copper, 293 Mlbs zinc, 258 koz gold, and 4,712 koz silver of payable production over the 10 years of conceptual mine life ("CML").","length":149,"tagName":"p"}]},{"val":[{"type":"text","content":"2025 MRE (as defined herein): 9.28 Mt grading 3.18% CuEq in the Indicated category and 0.86 Mt grading 2.44% CuEq in the Inferred category.","length":139,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":566,"olType":false},{"type":"text","content":"The 2026 PEA is preliminary in nature and includes Inferre...