Business
Arizona Sonoran Copper Drilling Extends Mineralization West of the Modelled Cactus Open Pit
CASA GRANDE, Ariz. & TORONTO / Nov 17, 2021 / Business Wire / Arizona Sonoran Copper Company Inc. (TSX:ASCU) (“ASCU” or the “Company”), an emerging US-based cop
About this update from Arizona Sonoran Copper Co., Inc.
[{"type":"text","content":"CASA GRANDE, Ariz. & TORONTO / Nov 17, 2021 / Business Wire / Arizona Sonoran Copper Company Inc. (TSX:ASCU) (“ASCU” or the “Company”), an emerging US-based copper developer and near-term producer, announces the first set of drilling results from its 8 initial diamond drill holes for over 2,938 m (9,639 ft) 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 (200 ft). Mineralization from the infill drilling remains open to the west (see FIGURES 1 – 3) and TABLE 1 below. The 2021 mineral resource conversion drill program was designed to upgrade the current mineral resources at the Cactus West Open Pit and Cactus East Underground, from inferred to indicated and from indicated to measured resources in advance of current ongoing technical studies. Additionally, the program informs mineral resource growth zones for the 2022 expansion drilling program set to begin shortly. A full set of drill highlights may be found in TABLE 1, below. Drilling Highlights (please see TABLE 1 for full set of drilling results) Leachable material identified extending 61 m (200 ft) west from the modelled open pit ECW-029 0.774 % Cu TSol over 34 m (113 ft) of enriched mineralization ECW-025 0.272% Cu TSol over 108 m (355 ft) of oxide mineralization ECW-022 0.519% Cu TSol over 40 m (130 ft) of enriched mineralization ECW-023 0.695% Cu TSol over 15.3 m (50.3 ft) of enriched mineralization George Ogilvie, Arizona Sonoran President and CEO stated, “These drilling results are the first of many exciting developments at the Cactus Project. The drill program is designed to target some materials previously viewed as waste by ASARCO, who at that time were processing sulphide-only material through a floatation mill. With ASCU targeting the leachable materials which sit atop the sulphide mineralization for a heap leach operation, the infill to indicated and measured drilling program may positively affect the starter resource base and ultimately the economics of the pit. He continued, “The first priority at Cactus is mineral resource conversion as we gear up for the upcoming Prefeasibility Study in 2022 with maiden reserves. Shortly, however we will look to Park/ Salyer for pure exploration drilling in conjunction with Cactus Drill...