06:40 AM EDT, 06/30/2025 (MT Newswires) -- Arizona Metals ( AZMCF ) on Monday released an initial mineral resource estimate for the Kay Mine project in Arizona.

The underground MRE includes 9.28 million tonnes grading 1.38 grams per tonne gold, 27.6 g/t silver, 0.97% copper, 0.33% lead and 2.39% zinc in the indicated category. It also includes 0.86 million tonnes grading 1.06 g/t gold, 15.4 g/t silver, 0.87% copper, 0.20% lead and 1.68% zinc in the inferred category. The base-case cut-off grade is 1% copper equivalent.

Copper equivalent MRE grades are 9.28 million tonnes at 3.18% copper equivalent in the indicated category and 0.86 million tonnes at 2.44% copper equivalent in the inferred category.

Following the completion of additional metallurgical test work, a preliminary economic assessment will be released by the end of the year.