Arizona Sonoran Copper Company Inc. today announces its 2024 work plan and 2023 achievements. The ensuing year's activities relate to the continued advancement of the Cactus Property, through Feasibility studies while concurrently completing Nuton-related work programs. 2023 Achievements c. $74 million CAD Financing C$30M via bought deal financing US$33M via initial option to JV payment Option to JV with Nuton LLC, a Rio [...]
Arizona Sonoran Copper Company Inc. , is pleased to release drill assay results from an exploration program at the MainSpring property, situated within the Cactus copper project in Arizona. A total of 7 of 11 ASCU drilled holes completed last year , and 22 legacy holes from the previous option holder are reported here and indicate mineralization from the Parks/Salyer deposit nears surface as it extends south . Future [...]
Arizona Sonoran Copper Company Inc. , is pleased to report infill drill assay results from the Parks/Salyer infill to measured program on the Cactus Project, Arizona. These 11 drill holes total 24,463 ft of drilling . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240116632220/en/ Additionally, infill and exploration drilling to the south of Parks/Salyer has [...]
Arizona Sonoran Copper Company Inc. reports additional drill assay results from the Cactus West and Cactus East deposits within the Cactus Project, Arizona. A total of 9 drill holes were completed for a total of 18,215 ft supporting the 125 ft infill-to-measured and geotechnical drilling programs. This press release features multimedia. Thick and high-grade total copper and soluble copper intervals within this Cactus East [...]
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 [...]