Arizona Sonoran Copper Company Inc. is pleased to announce today that it has entered into an option to joint venture agreement with Nuton LLC , a wholly-owned subsidiary of Rio Tinto, to establish a strategic alliance for deployment of the Nuton technologies at its Cactus Mine and the Parks/Salyer Project , in Arizona, USA. All dollar figures herein are in United States dollars unless otherwise indicated. Management will [...]
Arizona Sonoran Copper Company Inc. an emerging US-based copper developer and near-term producer, today announces metallurgical results from the Nuton Phase 1 column leach program from ASCU's Cactus copper porphyry project in Arizona, USA . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231213084303/en/ Figure 1: Updated Nuton Primary Sulphides Columns Cu [...]
Arizona Sonoran Copper Company Inc. , reports that exploration drilling at the MainSpring property intersected near surface copper mineralization from 4 drill holes. The southern-most MainSpring drill hole, ECM-186, was collared 2,500 ft south of the Parks/Salyer deposit and intersected shallow oxide mineralization at a depth of 138 ft from surface. In comparison, Parks/Salyer mineralization begins at approximately 550 ft [...]
Arizona Sonoran Copper Company Inc. announces it will be attending three conferences in November. Discussions will encompass the recent Mineral Resource Update, ongoing development, permitting and engineering, and the expected Prefeasibility Study in Q1 2024. CEO presentations will be conducted at all three and where available, ASCU will post the replay to its website under Media Appearances. Red Cloud Fall Mining [...]
Arizona Sonoran Copper Company Inc. announces drill assays from 5 holes at Cactus East and 4 from Parks/Salyer . Drilling at 125 ft drill spacings demonstrating the continuity and thicknesses of mineralization within the proposed Cactus East and Parks/Salyer high grade underground oxide and enriched mineralized zones. Additionally, the Company has begun exploratory drilling at the MainSpring property , with five holes now [...]
Arizona Sonoran Copper Company Inc. , releases its Mineral Resource Update for the combined Cactus, Stockpile and Parks/Salyer deposits, together the "Cactus Project", located 45 miles south of Phoenix, Arizona . The upgraded MRE is expected to form the basis for the ASCU Pre-Feasibility Study , targeting a 45-50 ktpa copper cathode heap leach and SXEW operation, and is on track for release in Q1 2024. The brownfields [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, announces that the City of Casa Grande has approved the rezoning for the northern parcel of the MainSpring Property to Industrial use. Rezoning the northern parcel allows ASCU to begin drilling and an exploration plan is being prepared. The southern parcel of Parks/Salyer South is still in process with the City of Casa [...]
Arizona Sonoran Copper Company Inc. , an emerging copper developer and near-term producer, drills initial 13 infill holes from the high grade core of the Parks/Salyer deposit demonstrating continuity of grade and mineralized widths at 125 ft drill spacing . A total of 29,036 ft has now been drilled within the overall 105,000 ft infill to measured drilling program over the Cactus Project deposits. This program is being [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, today updates on exploration and development activities at the Cactus Mine Project, inclusive of the Parks/Salyer deposit. All activities are focused on de-risking its high-quality asset in a tier one location, in preparation for the pending step-up Pre-Feasibility Study expected in Q1 2024. Furthermore, the owner-operator [...]
Arizona Sonoran Copper Company Inc. is pleased to announce that it will host a live VID Town Hall Forum on Wednesday September 6 at 11:00 am EDT . To join, please register using the link provided here, or listed below. Join ASCU President and CEO, George Ogilvie and CFO and VP Finance, Nick Nikolakakis begin the fall financial session with a corporate update describing key completed initiatives and near-term catalysts [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, today announces the voting results from its annual general meeting , held yesterday, virtually. A total of 68,844,957 common shares were voted at the meeting representing 64.607% of the issued and outstanding shares. Shareholders voted in favour of the business before the Meeting, being the reappointment of [...]
Arizona Sonoran Copper Company Inc. , an emerging copper developer and near-term producer, today releases 8 infill holes from the Parks/Salyer Pre-Feasibility Study level drilling program and assays from the first infill to measured drill hole for the Feasibility Study . The Company has now begun to generate an internal updated mineral resource and block model to support the declaration of first reserves in the pending [...]