AMC.TO · CNW · 2026-04-30 10:00:00

Arizona Metals Announces Results of Preliminary Economic Assessment for the Kay Mine Project - Newswire Canada

Economic Studies

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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").

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.

Figure 1: Average Annual Metal Payable and Operating Cost (CNW Group/Arizona Metals Corp.)

Figure 1.1 : After-Tax Total Free Cash Flow Sensitivity (US$ Millions) (CNW Group/Arizona Metals Corp.)

Figure 1.2 : After-Tax NPV (5%) Sensitivity (US$ Millions) (CNW Group/Arizona Metals Corp.)

Figure 1.3 : After-Tax Internal Rate of Return Sensitivity (CNW Group/Arizona Metals Corp.)

Figure 1.4 : After-Tax Payback Period Sensitivity (CNW Group/Arizona Metals Corp.)

Figure 2: Mill Feed and Feed Grade (CNW Group/Arizona Metals Corp.)

Table 6: Global Underground Mining and Mill Feed (CNW Group/Arizona Metals Corp.)

Figure 3: Underground Mine Development Plan (CNW Group/Arizona Metals Corp.)

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