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Arizona Sonoran Copper Drills 547 ft (167 m) of 1.14% CuT at Parks/Salyer
CASA GRANDE, Ariz. & TORONTO / Mar 27, 2023 / Business Wire / Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) infill dril
About this update from Arizona Sonoran Copper Co., Inc.
[{"type":"text","content":"CASA GRANDE, Ariz. & TORONTO / Mar 27, 2023 / Business Wire / Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) infill drilling at the Parks/Salyer (“P/S”) Project continues to demonstrate grades and thicknesses supportive of an underground operation within the planned Prefeasibility Study, expected by Q1 2024. The Company is announcing an additional 9 drill hole assays from the Parks/Salyer infill to indicated program, spaced at 250 ft (76 m). A total of 45 infill drill holes are now complete, from within the 46-hole, 105,000 ft (32,000 m) planned program. Parks/Salyer (“P/S”) is located on private land, contiguous to the Cactus Mine Project, in Pinal County, Arizona (see FIGURES 1-10). Highlights: ECP-122: 546.5 ft (166.6 m) @ 1.14% CuT, 1.00% Cu TSol, 0.007% Mo (enriched) Incl 176.5 ft (53.8 m) @ 2.03% CuT, 1.88% Cu TSol, 0.005% Mo ECP-125: 545.2 ft (166.2 m) @ 1.09% CuT, 0.99% Cu TSol, 0.020% Mo (enriched) Incl. 217.0 ft (66.1 m) @ 1.75% CuT, 1.66% Cu TSol, 0.009% Mo 635.5 ft (193.7 m) @ 0.46% CuT, 0.018% Mo (primary) ECP-114: 463.5 ft (141.3 m) @ 1.14% CuT, 0.98% Cu TSol, 0.028% Mo (enriched) ECP-116: 570.0 ft (173.7 m) @ 0.86% CuT, 0.64% Cu TSol, 0.015% Mo (enriched) ECP-124: 361.8 ft (110.3 m) @ 1.14% CuT, 1.06% Cu TSol, 0.007% Mo (enriched) Incl. 179.8 ft (54.8 m) @ 1.87% CuT, 1.79% Cu TSol, 0.010% Mo ECP-119: 89.9 ft (27.4 m) @ 2.31% CuT, 2.21% Cu TSol, 0.011% Mo (enriched) 66.2 ft (20.2 m) @ 2.07% CuT, 2.02% Cu TSol, 0.012% Mo (oxide) Incl. 14.1 ft (4.3 m) @ 4.07% CuT, 4.05% Cu TSol, 0.017% Mo NOTE: True widths are not known George Ogilvie, Arizona Sonoran President and CEO commented, “In early 2022, we announced our first drill holes dedicated to defining the Parks/Salyer Project. We have advanced this greenfield parcel within the brownfield Cactus Property from discovery, through resource declaration of 2.9B lbs (@1.015% CuT), to PFS-level within only two years. The infill to indicated program will be complete this week and by end of May, we expect to have all assays in hand for use in declaring initial reserves in the PFS by 1Q24. He continued, “Once the infill to indicated drilling is complete the drills will continue drilling at Parks/Salyer as we move to infill to measured drilling, a requirement for our BFS in 2024.” Infill Drilling Program Recap High grade intervals from...