Arizona Sonoran Copper Company Inc. today releases assays from 9 drill holes from the 14-hole expanded exploration program at Parks/Salyer , located ~1.3 mi southwest of the Company's Cactus Mine Project. Drilling extended mineralization east by up to 1,000 ft onto the Bronco Creek land, a part of the P/S Project which was acquired earlier this year . Assays are pending on 4 holes . The Company is also extending its [...]
Arizona Sonoran Copper Company Inc. releases an additional 7 drill holes from the Cactus East, Cactus Mine Project infill drilling program. The current drill program is designed at 125 ft centres to generate measured mineral resources . These results support the previously defined thick and high-grade intercepts outlined within the underground Cactus East resource. Cactus East is located, at depth, immediately to the [...]
Arizona Sonoran Copper Company Inc. announces assays from the final 6 drill holes at the Parks/Salyer Project to complete its initial 12-hole exploration program . These results extend mineralization to the north and the west of the P/S Exploration Target and demonstrate the continuity of grade and tonnage within the porphyry copper target located 1.3 mi from the Cactus Mine. The Company continued its 500 ft centre [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, is pleased to enter into a one year exclusivity period with Nuton™, a Rio Tinto Venture, . The exclusivity was triggered by successfully modelling the Cactus and Parks/Salyer ore samples and achieving the previously contemplated indicative metallurgical recoveries of at least 72% , under the Investor Rights Agreement [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, announces an additional 3 drill holes from its initial 12-hole exploration program at the Parks/Salyer Project, while a new 80,000 ft program is well-underway at the P/S Project . The new drilling program tests the extents of the previously defined Exploration Target , from the southern border of P/S and in a north-eastern [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, has released the voting results from its Annual General Meeting, held earlier today. A total of 49,068,613 common shares were voted at the meeting representing 69% of the issued and outstanding shares. Shareholders voted in favour of the business before the meeting, being the appointment of PricewaterhouseCoopers LLP as [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, is pleased to announce that further to its press releases dated April 28, 2022, it has closed a non-brokered private placement of 17,500,000 Common Shares at a subscription price per share of C$2.00, for gross proceeds of C$35 million . George Ogilvie, President and Chief Executive Officer of ASCU commented, "We are [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer today announces it has increased the bench strength of its Operations Team in Arizona and the Toronto-based finance team. Both Dan Johnson, Project Manager and John Peterson, Senior Environmental Professional, are well-known and well-respected individuals with long careers in the Arizona mining industry, while Kevin Canario [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, is pleased to announce that the Company has received Depository Trust Company eligibility which facilitates settlement transfers and electronic clearing of ASCU common shares within the USA. DTC eligibility enables a simplified process of trading and the transferring of shares, increasing liquidity within the USA due to the [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, announces results from 25 drill holes , from its now complete Cactus Prefeasibility Study infill drilling program . The PFS drilling program tightened the drill spacing within the entire integrated Preliminary Economic Assessment mine plan, including Cactus East and West and the Stockpile, with the intent of upgrading the [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, is pleased to announce that due to strong investor demand for its non-brokered private placement, previously announced on April 28, 2022, the Company has increased the size of the private placement by 2,268,084 Common Shares, for aggregate gross proceeds of up to C$35 million . Under the Offering, up to 17,500,000 Common [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, is pleased to announce it has entered into a strategic partnership with Rio Tinto focused on Rio Tinto's Nuton™ venture and a non-brokered private placement for total gross proceeds of up to C$30.5 million. Nuton™ offers a portfolio of proprietary copper leach related technologies and capability developed by Rio Tinto to [...]