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 [...]
Arizona Sonoran Copper Company Inc. , an emerging copper developer and near-term producer, continues to build the development and production team onsite at the Cactus Mine Project. The Company has appointed Harold Loyer as Senior VP Projects, replacing Ian McMullan as Chief Operating Officer and Christopher White as Chief Geologist to support Doug Bowden, VP Exploration. Ian McMullan will be staying with the Company for [...]
Arizona Sonoran Copper Company Inc. an emerging US-based copper developer and near-term producer, today reports positive preliminary column leach metallurgical extraction rates using the NutonTM technologies as part of the Phase 1 testing program with Nuton LLC, a Rio Tinto venture. Primary sulphide extraction ranges from 61% to 82% based on 5 columns, including 2 early cycle columns returning 83% and 61%, 2 mid-cycle [...]
Arizona Sonoran Copper Company Inc. an emerging US-based copper developer and near-term producer, is pleased to announce that Pinal County Air Quality Department has approved and issued the Company its Industrial Air Permit for the Cactus Mine Project . The issuance of this permit is a key milestone in the re-development of the Project, as it is the final major permit needed, ahead of developing and mining the Project [...]
Arizona Sonoran Copper Company Inc. an emerging US-based copper developer and near-term producer, provides an update on metallurgy and improvements to the TruStone Facility . ASCU continues to improve metallurgical recoveries through ongoing Pre-Feasibility and Feasibility Study -level columns located onsite and in TruStone. The 90-day Stockpile oxide cycle is now complete with 90% recoveries of each column's head grade [...]
Arizona Sonoran Copper Company Inc. , an emerging copper developer and near-term producer, today announces 6 infill holes from the Parks/Salyer Pre-Feasibility Study level drilling program. The infill to Indicated drilling program was completed on time and within the budget, with the remaining assays from 10 drill holes expected by the middle of May. This program will be used to generate an updated resource model and mine [...]
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 Feb 16, 2023, it has closed a non-brokered private placement financing in respect of the exercise by Nuton LLC of its pre-emptive rights under its Investor Rights Agreement . Pursuant to the terms of the investor rights agreement dated May 13, 2022 and as assigned [...]
Arizona Sonoran Copper Company Inc. today announces the receipt of the Mined Land Reclamation Permit from the Arizona State Mine Inspector's Office for the Cactus Mine Project following the Company's application in December of 2022. The MLRP is the primary financial assurance document requiring the operator to bond for the full reclamation of the property after mining operations have concluded. Travis Snider, ASCU VP [...]
Arizona Sonoran Copper Company Inc. infill drilling at the Parks/Salyer Project continues to demonstrate grades and thicknesses supportive of an underground operation within the planned Prefeasibility Study, expected by Q1 2024. The Company is announcing an additional 9 drill hole assays from the Parks/Salyer infill to indicated program, spaced at 250 ft . A total of 45 infill drill holes are now complete, from within the [...]
