Arizona Sonoran Copper Company Inc. today announces that ASCU and Nuton LLC , a Rio Tinto Venture, have mutually agreed to the early termination of the Option to Joint Venture on the Cactus Project, as well as the termination of Nuton's investor rights agreement with the Company, effective immediately. George Ogilvie, President and CEO of Arizona Sonoran Copper Company commented, "We appreciate Rio Tinto's endorsement of [...]
Arizona Sonoran Copper Company Inc. today announces the advancement of an updated Mineral Resource model on the Parks/Salyer deposit, reflecting partial results from the completed first phase of the planned Feasibility Study infill drilling program . The target of the updated model is to define Proven Mineral Reserves within the Pre-feasibility Study starter pit representing the first 2-2.5 years of planned copper cathode [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer, today announces that Bill Washington has joined its Board of Directors as a non-executive director. Additionally, Alison Dwoskin has been promoted to Vice President, Investor Relations. David Laing, Arizona Sonoran Chairman commented, "It is with pleasure that we welcome Bill Washington to our Board of Directors and recognize Alison's [...]
Arizona Sonoran Copper Company Inc. , an emerging U.S. copper developer, today outlines the initial steps to demonstrate operational readiness at the Cactus Project through its fully-funded 2026 work plan and highlights the corporate and developmental progress throughout 2025. The Company is committed to advancing its brownfield Cactus Project to first cathode production in 2H 2029. In 2026, ASCU anticipates the [...]
Arizona Sonoran Copper Company Inc. an emerging US-based copper developer, is pleased to announce it has been granted the Dust Permit from the Pinal County Air Quality Division and based on the Pre-Feasibility Study issued in November 2025. Travis Snider, VP Sustainability and External Relations at ASCU commented, "The Dust Permit is the first permit to be received post-PFS, which outlined annual production of 113,000 [...]
Arizona Sonoran Copper Company Inc. today announces that, following preliminary consultation, the Company and Nuton LLC , a Rio Tinto Venture, have mutually agreed to commence discussions in January with respect to an amicable early termination of the option to joint venture agreement on the Cactus Project. The Company will continue to advance its Cactus Project on a standalone basis. Following from the recently completed [...]
Arizona Sonoran Copper Company Inc. an emerging US-based copper developer and near-term producer, is pleased to announce that further to its press release dated December 2, 2025, it has closed a C$10.4 million non-brokered private placement equity financing with Hudbay Minerals Inc. which exercised its pre-emptive rights under its Investor Rights Agreement . ASCU President and CEO, George Ogilvie commented, "The recent [...]
Arizona Sonoran Copper Company Inc. , announces that the Company has closed its previously announced private placement of common shares of the Company , pursuant to which the Company issued, on a "bought deal" basis, 25,746,300 Common Shares, including 3,358,200 Common Shares issued pursuant to the exercise in full of the option granted to the Underwriters , at a price of $3.35 per Common Share, for aggregate gross [...]
Arizona Sonoran Copper Company Inc. has filed the Cactus Project NI 43-101 Pre-feasibility Study technical report on SEDAR+ under the Company's issuer profile and is also available on the company website . Per the Company's press release dated OCT 20, 2025, the PFS outlines a long-life, economically viable conventional copper operation utilizing open-pit mining and heap leach SXEW processing to produce LME Grade A copper [...]
Arizona Sonoran Copper Company Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought-deal private placement basis, 22,388,100 common shares of the Company at a price of C$3.35 per Common Share for gross proceeds of C$75,000,135 . The Company has also granted the [...]
Arizona Sonoran Copper Company Inc. : This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251020093272/en/ FIGURE 1: Estimated Annual Recovered Copper and Cumulative PFS Unlevered Free Cash Flows illustrates benefits of focusing on the optimized mine plan Simple open-pit / SXEW operation producing approximately 103,000 tonnes of estimated average annual copper [...]
Arizona Sonoran Copper releases its updated Mineral Resource Estimate for the Cactus brownfield copper project. The updated and expanded MRE is inclusive of a conversion drilling program that targeted the near surface material from the MainSpring property, part of the Parks/Salyer deposit, and step out and conversion drilling from the Cactus West and Cactus East deposits. The Cactus Project is wholly-owned and located on [...]
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