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Arizona Sonoran Copper Drills 1.43% Cu TSol Over 80.9 m in the Cactus East deposit
CASA GRANDE, Ariz. & TORONTO / Dec 07, 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 / Dec 07, 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 assays from two drill holes (1,133.5 m | 3,718.9 ft) in the Cactus East deposit as part of a 9,144 m (30,000 ft) Pre-Feasibility Study (“PFS”) infill to indicated drilling program. The drilling targeted the oxide material along the periphery of the Cactus East Preliminary Economic Assessment (“PEA”) underground mine plan, defining mineralization towards the East Fault and gathering an understanding of the geometry of the fault (see FIGURES 1-3, TABLE 1 below). Hole ECE-021, extended mineralization 61 m (200 ft) east of the current mineral resource shell and is one the best oxide intercepts ever drilled at the Cactus Project. The drill intercept of leachable material is considerably thicker and higher grade than predicted in the area at 99.1 m (325 ft) @ 1.28% Cu TSol (total soluble) vs 48.8 m (160 ft) @ 0.54% Cu TSol. Mineralization is open 122 m (400 ft) north, towards the NW trending East Fault. Follow up drilling will be conducted to confirm the continuity of the high-grade zone to the north and east adjacent to the East fault. Highlights: The drilling demonstrates continuous leachable mineralization including extensions outwards from the mineral resource pit shell by at least 61 m (200 ft) ECE-021: 1.43% Cu TSol over 80.9 m (266 ft) of oxide mineralization; incl: 2.21% Cu TSol over 27.2 m (89 ft) ECE-020: 0.50% Cu TSol over 100.9 m (331 ft) of oxide mineralization George Ogilvie, ASCU President and CEO commented, “The infill drilling to indicated mineral resource classification is a key program as we move towards the Pre-Feasibility Study, expected in mid-2022, and will underpin all future engineering work at Cactus. The initial high grade oxide results are providing improved data points for the upcoming PFS, while also confirming that grades improve towards the East fault.” TABLE 1: Drilling Highlights Hole Zone Metres Feet TCu Tsol From To Length From To Length % % ECE-020 oxide 280.4 381.3 100.9 920 1251 331 0.50 0.45 incl 346.3 363.0 16.8 1136 1191 55 1.04 1.00 enriched 387.1 391.4 4.3 1270 1284 14 1.83 1.81 enriched 397.5 464.9 67.5 1304 1525 221 0.46 0.28 incl 397.5 408...