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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.
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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 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 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 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 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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Arizona Sonoran Copper Company Inc. (ASCU) announces metallurgical results from the Nuton Phase 1 column leach program for the Cactus copper porphyry project. The company is targeting an average life of asset copper extraction rate of 80% to 95% from the Cactus area material. The press release also mentions the completion of small column tests, plans for Phase 2, and the potential integration of Nuton's flow sheet into the planned Cactus heap leach and SXEW flow sheet.
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Arizona Sonoran Copper Company Inc. (ASCU) reports near-surface copper mineralization at the MainSpring property in Arizona, with drilling results showing shallow oxide mineralization and enriched copper content. The company plans a comprehensive 2024 exploration program to further discover the extents of shallow mineralization and connect it to the high-grade zones at Parks/Salyer in the north.
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Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) announces its participation in three conferences in November. Discussions will cover the recent Mineral Resource Update, ongoing development, permitting and engineering, and the expected Prefeasibility Study in Q1 2024. CEO presentations will be conducted at all three conferences.
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Arizona Sonoran Copper Company Inc. announces drill assays from 5 holes at Cactus East and 4 from Parks/Salyer. The drilling demonstrates the continuity and thicknesses of mineralization within the proposed Cactus East and Parks/Salyer high-grade underground oxide and enriched mineralized zones. The company has also begun exploratory drilling at the MainSpring property, targeting shallow mineralization south of the Parks/Salyer deposit.
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Arizona Sonoran Copper Company Inc. (ASCU) drills 13 infill holes at the Parks/Salyer deposit, demonstrating continuity of grade and mineralized widths. The drilling program aims to upgrade mineral resources to the measured category for a definitive feasibility study in late 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 $0.96555 as of December 20, 2024.
What is the market cap of ARIZONA SONORAN COPPER CO (ASCUF)?
The market cap of ARIZONA SONORAN COPPER CO (ASCUF) is approximately 140.9M.
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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