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Arizona Sonoran Copper Company Inc T.ASCU

Alternate Symbol(s): ASCUF

Metals & Mining Copper

Arizona Sonoran Copper Company Inc. is a copper exploration and development company, which is focused on the assessment, consolidation, exploration, development and eventual mining in the Santa Cruz Copper Mining District in southern Arizona. The Company holds 100% ownership comprised of private land and a state land lease which is referred to as Cactus East and Cactus West (the Cactus Project) and the Parks/Salyer Property (collectively with Cactus Project and Stockpile Project, the Project) in Pinal County, Arizona. The 100%-owned Project is a porphyry copper project located on private land, near the city of Casa Grande, Arizona, United States. The Cactus Project is comprised of three deposits and one waste dump. The Project covers approximately 5,720 acres (with the remainder of the land package covering additional exploration properties). Its properties also include LKY/Copper Mountain Investments Limited Partnership LLP (LKY) Property and Mainspring Property.

TSX:ASCU - Post by User

Arizona Sonoran Copper Company Inc

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Post by Betteryear2on Apr 20, 2023 10:53am

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Post# 35405202

Arizona Sonoran Drills 1,209.7 ft (368.7 m) at 0.70 % CuT

April 20, 2023 06:30 AM Eastern Daylight Time

CASA GRANDE, Ariz. & TORONTO--(BUSINESS WIRE)--Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”), an emerging copper developer and near-term producer, today announces 6 infill holes from the Parks/Salyer Pre-Feasibility Study (“PFS”) 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 plan to support the declaration of first reserves in the pending PFS by Q1 2024. As announced March 6, 2023, the PFS is exploring an integrated operation for Parks/Salyer and Cactus targeting 50 ktpa production (see FIGURES 1-11).

Arizona Sonoran Drills 1,209.7 ft (368.7 m) at 0.70 % CuT of Continuous Mineralization, Including 477 ft (145.4 m) of 1.25% CuT in Enriched | Business Wire