Arizona Sonoran Copper Company Inc. is pleased to announce that it has closed its previously announced bought deal financing of 15,000,000 common shares in the capital of the Company at a price of C$2.00 per Common Share , for gross proceeds to the Company of C$30,000,000 . The Offering was underwritten on a "bought deal" basis by a syndicate of [...]
Arizona Sonoran Copper Company Inc. is pleased to announce that it has filed and been receipted for a preliminary short form prospectus in connection with its bought deal offering of 15,000,000 common shares in the capital of the Company at a price of C$2.00 per Common Share for gross proceeds to the Company of C$30,000,000 , as further described [...]
Arizona Sonoran Copper Company Inc. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. to act as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 15,000,000 common shares in [...]
Arizona Sonoran Copper Company Inc. today announces 60% completion of its 105,000 ft infill to indicated drilling program at Parks/Salyer , located ~1.3 mi southwest of the Company's Cactus Mine Project . A total of 27 holes have now been drilled out of an anticipated 46 holes, with assays received to date for 15 holes, including the five reported [...]
Arizona Sonoran Copper Company Inc. today announces its 2023 work plan for the Cactus Property, inclusive of the Cactus and Parks/Salyer Projects. All work streams this year will feed into the planned Prefeasibility Study due in 4Q23/1Q24, and includes drilling, metallurgy, detailed engineering, permitting and technical studies, along with [...]
Arizona Sonoran Copper Company Inc. provides an update on metallurgical programs and project management appointments. Highlights: Metallurgy Installation of onsite metallurgical and sample preparation lab Parks/Salyer and Cactus Metallurgical Testing Program Eight of the initial 12 constructed 20-foot columns are underway testing the leachability [...]
Arizona Sonoran Copper Company Inc. and the Arizona Department of Environmental Quality were together presented with the 2022 Award for Environmental Excellence by the American Exploration & Mining Association , a national trade organization representing the hardrock mining industry, at the association's annual meeting in Reno, NV. The award [...]
Arizona Sonoran Copper Company Inc. today releases assays from 5 drill holes from its 105,000 ft infill to indicated drilling program at Parks/Salyer , located ~1.3 mi southwest of the Company's Cactus Mine Project . ECP-106 intersected 645 ft of 1.58% CuT and 1.22% Cu TSol, situated 250 ft south of ECP-079 in the southern region of the deposit and [...]
Arizona Sonoran Copper Company Inc. announces further to its press release dated September 28, 2022, it has filed the technical report in connection with the Parks/Salyer Mineral Resource Estimate on SEDAR. The technical report is titled Mineral Resource Estimate and Technical Report and covers both the Parks/Salyer and Cactus project, each [...]
Arizona Sonoran Copper Company Inc. today releases assays from 3 drill holes from its 105,000 ft infill to indicated drilling program at Parks/Salyer , located ~1.3 mi southwest of the Company's Cactus Mine Project. Infill drilling continues to intersect thick high-grade mineralization which supports the currently modelled inferred Mineral Resource [...]
Arizona Sonoran Copper Company Inc. is pleased to announce a maiden Mineral Resource Estimate for the Parks/Salyer porphyry copper deposit, located immediately southwest of the Cactus Project on contiguous private land in Arizona, USA. The P/S Project is located 1.3 mi SW from the Cactus open pit along the mine trend, and demonstrates the same [...]
Arizona Sonoran Copper Company Inc. releases 7 drill holes from the Cactus East, Cactus Mine Project infill drilling program. This new set of assays continue to support the previously defined geological interpretations with thick and high-grade intercepts outlined within the underground Cactus East orebody, immediately to the northeast of the [...]