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 [...]
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 [...]
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 [...]
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 [...]
Arizona Sonoran Copper Company Inc. exploration drilling at the NE Extension target confirms 990.7 ft of 0.42% CuT of continuous copper mineralization, collared 3,000 ft northeast of the Cactus East deposit. Both the NE Extension, as well as the Gap Zone, were highlighted as priority targets following a property wide ionic leach program and [...]
Arizona Sonoran Copper Company Inc. today announces the engagement of Ausenco Pty Ltd out of Tucson, as lead engineer to deliver an integrated Pre-feasibility Study at the Cactus and Parks/Salyer Project by early 2024. The Project, on private land, is a brownfields site with in-place infrastructure and is accessible via highway, 45 miles south of [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, is pleased to announce that it has entered into a purchase and sale agreement in respect of the MainSpring property, 523 acres of private land immediately south of the Parks/Salyer project and east of the mine access road . The total increased land [...]
Arizona Sonoran Copper Company Inc. announces assays from 7 drill holes from the Parks/Salyer infill program. Drill spacing from the Parks/Salyer deposit is being reduced to 250 ft , with the aim to upgrade the current inferred mineral resource to an indicated category. The total program consists of 105,000 ft or 46 holes, of which 35 infill core [...]
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 [...]
