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Arizona Sonoran Copper Drills 1,209.7 ft (368.7 m) at 0.70 % CuT of Continuous Mineralization, Including 477 ft (145.4 m) of 1.25% CuT in Enriched
CASA GRANDE, Ariz. & TORONTO / Apr 20, 2023 / Business Wire / Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”), an emergin
About this update from Arizona Sonoran Copper Co., Inc.
[{"type":"text","content":"CASA GRANDE, Ariz. & TORONTO / Apr 20, 2023 / Business Wire / Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”), an emerging copper developer and near-term producer, today announces 6 infill holes from the Parks/Salyer Pre-Feasibility Study (“PFS”) level drilling program. The infill to Indicated drilling program was completed on time and within the budget, with the remaining assays from 10 drill holes expected by the middle of May. This program will be used to generate an updated resource model and mine plan to support the declaration of first reserves in the pending PFS by Q1 2024. As announced March 6, 2023, the PFS is exploring an integrated operation for Parks/Salyer and Cactus targeting 50 ktpa production (see FIGURES 1-11). PFS-level drilling at Parks/Salyer included geotechnical (HQ), hydrological (HQ) and metallurgical (PQ) holes, in addition to the infill drilling (HQ). Having completed the programs, the three drill rigs are now focused on the following drilling programs: Feasibility Study (expected in late 2024)-level drilling to include: Measured-level infill drilling, at 38 m (125 ft) drilling centres at Parks/Salyer and Cactus West for 90,000 ft (27,430 m) Additional geotechnical, metallurgical and hydrological holes as identified by Ausenco and consultants at Cactus East and Cactus West Exploration drilling to begin after completion of the Cactus West geotechnical drilling. Currently budgeted for 3,000 m (10,000 ft) Drilling Highlights: ECP-131: 1,209.7 ft (368.7 m) @ 0.70% CuT of continuous mineralization Incl. 477 ft (145.4 m) @ 1.25% CuT, 1.15% Cu TSol, 0.018% Mo (enriched) And 732.7 ft (223.3 m) @ 0.34% CuT, 0.009% Mo (primary) ECP-127: 1,074.2 ft (327.4 m) @ 0.56% CuT of continuous mineralization Including 555.8 ft (169.5m) @ 0.80% CuT, 0.76% Cu TSol, 0.008% Mo (enriched) ECP-126: 1,454 ft (443.2 m) @ 0.68% CuT of continuous mineralization Incl. 239.4 ft (73.0 m) @ 1.38% CuT, 1.03% Cu TSol, 0.031% Mo (enriched) Incl. 80.0 ft (24.4 m) @ 2.60% CuT, 2.39% Cu TSol, 0.017% Mo 719.0 ft (219.2 m) @ 0.52% CuT, 0.017% Mo (primary) ECP-133: 1,243 ft (378.9 m) @ 0.43% CuT of continuous mineralization Incl. 710.5 ft (216.6 m) @ 0.55% CuT, 0.47% Cu TSol, 0.006% Mo (enriched) Incl. 159.5 ft (48.6 m) @ 1.19% CuT, 1.01% Cu TSol, 0.007% Mo NOTE: True widths are not known Doug Bowden, Ar...