Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, is pleased to announce assay results from the first 2 drill holes in a 12-hole program at the P/S Project. Drill hole ECP-045 extends and improves known mineralization to the northeast by 600 ft and to within 150 ft of the recently leased land [...]
Arizona Sonoran Copper Company Inc. , an emerging U.S.-based copper developer and near-term producer, announces its Work Plan for 2022. The Work Plan walks through drilling , technical studies, permitting activities in respect of the Cactus Project, wider exploration program for our properties and ESG initiatives. Ultimately, the 2022 Work Plan [...]
Arizona Sonoran Copper Company Inc. , an emerging U.S.-based copper developer and near-term producer, announces the appointment of Toronto-based Nicholas Nikolakakis as VP Finance and Chief Financial Officer effective today and reporting directly to the CEO. Mr. Nikolakakis' capital markets and financing expertise will prove invaluable as ASCU [...]
Arizona Sonoran Copper Company Inc. , an emerging US-based copper developer and near-term producer, announces the completion of the General Plan Amendment with the City Council of Casa Grande . The amendment is related to a 2,159 acre parcel of land, including the LKY, ARCUS and Merrill Properties, newly demarcated for manufacturing/industrial use [...]
Arizona Sonoran Copper Company Inc. , an emerging U.S.-based copper developer and near-term producer, announces the appointment of Sarah Strunk to its Board of Directors, effective January 1, 2022. Ms. Strunk, based in Arizona, has over 37 years of commercial, legal and transactional experience and will be instrumental in ASCU's progression through [...]
Arizona Sonoran Copper Company announces assays from two drill holes in the Cactus East deposit as part of a 9,144 m PFS infill to indicated drilling program. The drilling targeted the oxide material along the periphery of the Cactus East PEA underground mine plan, defining mineralization towards the East Fault and gathering an understanding of the [...]
Arizona Sonoran Copper Company has engaged London-based Minviro Ltd. to review its carbon emissions framework and determine the best path towards establishing a net-zero CO2 operation at the Cactus Project. The Minviro-led Life Cycle Assessment will enable ASCU to clearly and robustly quantify the life cycle impact of mining, processing and [...]
Arizona Sonoran Copper Company has begun its initial 6 hole drilling campaign at the Parks/Salyer property in Arizona. Located 1.3 miles down trend to the southwest from the Cactus Project on private land, the Company’s 100%-owned Parks/Salyer Project demonstrates the same geological characteristics as the Cactus Project. Parks/Salyer is part of [...]
Arizona Sonoran Copper Company announces the first set of drilling results from its 8 initial diamond drill holes for over 2,938 m along the western periphery of the Cactus West pit. The drilling demonstrates continuous leachable mineralization including extensions outwards from the modelled pit shell by at least 61 m. Mineralization from the [...]
Arizona Sonoran Copper Company today announced the successful closing of its initial public offering and secondary offering. An aggregate of 19,066,518 common shares of ASCU at a price of C$2.45 per common share were issued for total gross proceeds C$46,712,969.10, with ASCU and RCF Opportunities Fund receiving gross proceeds of C$45,000,000.15 and [...]
Arizona Sonoran Copper announced today it has obtained a receipt for its final prospectus filed with the securities regulatory authorities in each of the provinces and territories of Canada, expect Quebec. The pricing of its initial public offering of 19,066,518 common shares of the Company is at a price of C$2.45 per share. The initial public [...]