Arizona Sonoran to Host Virtual Town Hall Forum on March 21 at 11 am EDT

Rhea-AI Summary

Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) is hosting a live Town Hall Forum on March 21, 2023, at 11:00 am EDT. The event will feature an update from President and CEO George Ogilvie regarding strategic milestones and work programs, including advancements in metallurgy and initial reserve declarations for the Parks/Salyer and Cactus Mine Projects. A live Q&A session will follow the presentation, allowing shareholders to engage directly with management.

To register, please use the registration link.

CASA GRANDE, Ariz. & TORONTO--(BUSINESS WIRE)-- Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce that it will host a live VID Town Hall Forum on Tuesday March 21 at 11:00 am EDT. To join, please register using the link provided here, or listed below.

Join ASCU President and CEO, George Ogilvie, for an update on the Company’s strategic milestones and work programs as outlined in our January 10, 2023 press release. Advancements of metallurgy, permitting, detailed engineering and drilling activities will feed into the initial reserve declaration and Pre-Feasibility on the Parks/Salyer Project and Cactus Mine Project, expected by Q1 2024.

Management will be available to answer any questions that shareholders may have, following the Town Hall Forum during a live Q&A session.

Links from the Press Release
Registration: https://www.bigmarker.com/vid-conferences/Radisson-Mining-Town-Hall?utm_bmcr_source=nr
January 10, 2023 Work Plan PR: https://arizonasonoran.com/news-releases/arizona-sonoran-announces-2023-work-plan/

Neither the TSX nor the regulating authority has approved or disproved the information contained in this press release.

About Arizona Sonoran Copper Company (www.arizonasonoran.com | www.cactusmine.com)

ASCU’s objective is to become a mid-tier copper producer with low operating costs and to develop the Cactus and Parks/Salyer Projects that could generate robust returns for investors and provide a long term sustainable and responsible operation for the community and all stakeholders. The Company's principal asset is a 100% interest in the Cactus Project (former ASARCO, Sacaton mine) which is situated on private land in an infrastructure-rich area of Arizona. Contiguous to the Cactus Project is the Company’s 100%-owned Parks/Salyer deposit that could allow for a phased expansion of the Cactus Mine once it becomes a producing asset. The Company is led by an executive management team and Board which have a long-standing track record of successful project delivery in North America complemented by global capital markets expertise.

Forward-Looking Statements

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of ASCU to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of drilling; inability to raise the money necessary to incur the expenditures required to retain and advance the properties; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; accidents, labour disputes and other risks of the mining industry; political instability, terrorism, insurrection or war; or delays in obtaining governmental approvals, projected cash operating costs, failure to obtain regulatory or shareholder approvals.

Although ASCU has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and ASCU disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230315005671/en/

Alison Dwoskin, Director, Investor Relations

647-233-4348

adwoskin@arizonasonoran.com



George Ogilvie, President, CEO and Director

416-723-0458

gogilvie@arizonasonoran.com

Source: Arizona Sonoran Copper Company Inc.

FAQ

What is the date and time for the Arizona Sonoran Copper Company Town Hall Forum?

The Town Hall Forum is scheduled for March 21, 2023, at 11:00 am EDT.

Who will be presenting at the ASCU Town Hall Forum?

President and CEO George Ogilvie will provide updates during the Town Hall Forum.

What topics will be covered in the Town Hall Forum hosted by ASCU?

The forum will cover strategic milestones, work programs, metallurgy advancements, and reserve declarations for the Parks/Salyer and Cactus Mine Projects.

How can shareholders participate in the ASCU Town Hall Forum?

Shareholders can register to participate using the registration link provided in the press release.

What are the expected outcomes for ASCU's projects by Q1 2024?

Initial reserve declarations and a Pre-Feasibility Study for the Parks/Salyer and Cactus Mine Projects are expected by Q1 2024.