Toronto-based Arizona Metals has released its maiden mineral resource estimate (MRE) for the Kay project, flagging growth and development potential for the volcanogenic massive sulphide asset. The underground MRE outlines 9.28-million tonnes in the indicated category at a copper equivalent (CuEq) grade of 3.18%, containing more than 650-million pounds of copper equivalent. A further 0.86-million tonnes at 2.44% CuEq has been classified as inferred. “The release of our initial mineral resource estimate marks a major milestone for Arizona Metals and validates not only the scale, but more importantly, the quality of the ... (full story)