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ARIZONA SONORAN COPPER CO - ASCUF STOCK NEWS

Welcome to our dedicated page for ARIZONA SONORAN COPPER CO news (Ticker: ASCUF), a resource for investors and traders seeking the latest updates and insights on ARIZONA SONORAN COPPER CO stock.

Arizona Sonoran Copper Co (ASCUF) is a leading copper mining company with a focus on sustainable practices and community engagement. They specialize in exploration, extraction, and processing of high-grade copper ores in the Sonoran Desert region. With state-of-the-art technology and a skilled workforce, ASCUF has achieved significant milestones, including expansions in production capacity and new partnerships with local communities for responsible mining practices. Their commitment to environmental stewardship and social responsibility sets them apart in the industry, making them a trusted name in the copper market.

News

Arizona Sonoran Continues to Define Near Surface Mineralization at MainSpring

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Arizona Sonoran Copper Company (TSX: ASCU, OTCQX: ASCUF) has announced results from its infill drilling program at MainSpring, part of its Cactus Project in Arizona. The program aims to upgrade the mineral resource classification and support an open-pit design. Initial drilling results include 827 ft at 0.30% CuT, with detailed assays provided for multiple drill holes. The company plans to include these findings in a Preliminary Economic Assessment (PEA) due in Q3 2024. The study will incorporate Nuton Technologies' leaching methods to explore economic potential. The program is funded by ASCU and Nuton Technologies under a joint venture agreement. George Ogilvie, CEO, emphasized the potential to benefit from current copper market cycles and aims for a construction decision in the near term.

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Arizona Sonoran Drills 1,206 ft (368 m) of 0.56% CuT at MainSpring and Completes Initial MainSpring Inferred Drill Program

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Arizona Sonoran Copper Company Inc. (ASCU) has reported the successful completion of its inferred drilling program on MainSpring, confirming the continuation of thick enrichment and the presence of enriched mineralization. The completion of the program extended mineralization over 2,500 ft x 3,000 ft within an interpreted horst block. An exploration of a new open pit within the property bounds around MainSpring within the PEA expected in Q3 2024 is planned.

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Arizona Sonoran Drilling at MainSpring Confirms Near Surface Mineralization

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Arizona Sonoran Copper Company Inc. (ASCUF) reports positive drilling results at MainSpring on its Cactus Project, Arizona, confirming near surface mineralization and extending the High Grade Mine Trend. The company plans a Preliminary Economic Assessment and further drilling to optimize operations and financials.
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Arizona Sonoran Announces Acquisition of Land and Completes Rezoning MainSpring

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Arizona Sonoran Copper Company Inc. (ASCU) provides an update on positive land developments, including MainSpring and a new special land use permit. MainSpring's rezoning and consolidation around Cactus mine improve operational flexibility and access to mineralization. The company acquired the 523-acre MainSpring Property and completed rezoning to Industrial Use, Mining. ASCU also obtained a Section 2 special land use permit for future mine infrastructure. The press release highlights the company's progress and community support.
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Arizona Sonoran Announces a Positive Pre-Feasibility Study for the Cactus Mine Project with a US$509M Post-Tax NPV and 55 kstpa Copper Cathode over 21 Years

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Arizona Sonoran Copper Company Inc. (ASCUF) completes NI 43-101 Prefeasibility Study for Cactus Project, outlining a top 10 potential copper operation in the USA with robust economics and long-term sustainability.
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Arizona Sonoran Announces 2024 Work Plan

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Arizona Sonoran Copper Company Inc. (ASCUF) announces its 2024 work plan and 2023 achievements, including financing, mineral resource increases, team appointments, drilling, land acquisition, metallurgy, and permitting. The 2024 work plan focuses on technical studies, drilling programs, metallurgy, and permitting. Nuton's 2024 work plan includes drilling, technical studies, and metallurgy. The CEO highlights the partnership with Nuton and Rio Tinto, emphasizing the potential value for ASCU shareholders.
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Arizona Sonoran MainSpring Drilling Intersects Near Surface Mineralization; Intersects 1,053 ft (321 m) of 0.20% Total Copper from 147 ft (45 m) depth

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Arizona Sonoran Copper Company Inc. (ASCUF) releases drill assay results from the MainSpring property, showing continuous mineralization near the surface with open pit potential. The company plans to update the Cactus Mineral Resource Estimate post-Prefeasibility Study and is working on re-zoning the property for mining use. The drilling highlights include significant copper mineralization with low discovery costs, indicating a lower risk copper project.
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Arizona Sonoran Drills 521 ft (159 m) @ 1.78%CuT at Parks/Salyer

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Arizona Sonoran Copper Company Inc. reported infill drill assay results from the Parks/Salyer infill to measured program on the Cactus Project, Arizona. The press release also mentioned that infill and exploration drilling to the south of Parks/Salyer has resumed at MainSpring with three drills. The drilling highlights included significant continuous mineralization and enriched material. The company is looking forward to integrating the thick and high-grade Parks/Salyer porphyry copper deposit into their Prefeasibility Study. In 2024, the exploration teams will expand the definition of the primary sulphides, oxides, and enriched material at their MainSpring and Cactus West projects.
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Arizona Sonoran Extends Mineralization 674 ft (205 m) Below Cactus West Mineral Resource Shell; Drills 731 ft (223 m) of 0.92% CuT of Continuous Mineralization at Cactus East

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Arizona Sonoran Copper Company Inc. (ASCU) reports additional drill assay results from the Cactus West and Cactus East deposits within the Cactus Project, Arizona. The company is finalizing the 2024 work plan, which will include follow-up drilling at Cactus West and MainSpring, and metallurgical test work for the Nuton Case Integrated Pre-feasibility Study. The encouraging results support the need for an expanded Cactus West infill and exploration drill program. The measured infill drilling bodes well for future updates to the Mineral Resource Estimate (MRE) and Definitive Feasibility Studies, planned following the release of the Stand Alone PFS in 1Q24.
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Arizona Sonoran and Nuton LLC Announce Option to Joint Venture on Cactus Project in Arizona

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Arizona Sonoran Copper Company Inc. (ASCU) announces a strategic joint venture with Nuton LLC, a subsidiary of Rio Tinto, to deploy Nuton technologies at its Cactus Mine and Parks/Salyer Project. The joint venture agreement includes up to US$33 million in non-dilutive financing, reducing execution risks and preserving long-term optionality for ASCU. The transaction aims to significantly increase copper production and enhance project economics, with an Integrated Nuton Case Pre-Feasibility Study (PFS) targeted for completion by December 31, 2024.
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FAQ

What is the current stock price of ARIZONA SONORAN COPPER CO (ASCUF)?

The current stock price of ARIZONA SONORAN COPPER CO (ASCUF) is $1.35 as of February 5, 2025.

What is the market cap of ARIZONA SONORAN COPPER CO (ASCUF)?

The market cap of ARIZONA SONORAN COPPER CO (ASCUF) is approximately 155.9M.

What is Arizona Sonoran Copper Co known for?

Arizona Sonoran Copper Co (ASCUF) is recognized for its expertise in copper mining, sustainable practices, and community engagement.

Where does Arizona Sonoran Copper Co operate?

Arizona Sonoran Copper Co operates in the Sonoran Desert region, known for its high-grade copper deposits.

What are some recent achievements of Arizona Sonoran Copper Co?

Arizona Sonoran Copper Co has achieved milestones in expanding production capacity, forming partnerships with local communities, and adopting responsible mining practices.

How does Arizona Sonoran Copper Co contribute to environmental stewardship?

Arizona Sonoran Copper Co is committed to environmental stewardship by implementing sustainable mining practices and technologies.

What sets Arizona Sonoran Copper Co apart in the industry?

Arizona Sonoran Copper Co stands out in the industry for its focus on sustainability, social responsibility, and community engagement.

What technologies does Arizona Sonoran Copper Co use in copper extraction?

Arizona Sonoran Copper Co utilizes state-of-the-art technologies in exploration, extraction, and processing of high-grade copper ores.

How does Arizona Sonoran Copper Co engage with local communities?

Arizona Sonoran Copper Co collaborates with local communities to ensure responsible mining practices and mutual benefit.

What is the core business of Arizona Sonoran Copper Co?

The core business of Arizona Sonoran Copper Co is the exploration, extraction, and processing of high-grade copper ores in the Sonoran Desert region.

What is the mission of Arizona Sonoran Copper Co?

The mission of Arizona Sonoran Copper Co is to be a leader in sustainable copper mining, contributing to the local economy and environment.

How does Arizona Sonoran Copper Co ensure the safety of its workforce?

Arizona Sonoran Copper Co prioritizes the safety of its workforce through training, technology, and compliance with industry regulations.

Does Arizona Sonoran Copper Co have any upcoming projects?

Arizona Sonoran Copper Co is currently exploring new projects to expand its operations and enhance its presence in the copper market.
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ARIZONA SONORAN COPPER CO

OTC:ASCUF

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ASCUF Stock Data

155.85M
1.3%
32.42%
Copper
Basic Materials
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United States of America
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