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Arizona Sonoran Copper Exploration Drilling Confirms Mineralization 3,000 ft (915m) NE of Cactus East, at the NE Extension
NE Extension exploration drill hole confirms 990 ft (302 m) of continuous mineralization and a tenor of primary copper grades that, with appropriate enrichment
About this update from Arizona Sonoran Copper Co., Inc.
[{"type":"text","content":" NE Extension exploration drill hole confirms 990 ft (302 m) of continuous mineralization and a tenor of primary copper grades that, with appropriate enrichment processes, could support copper grades suitable for underground mineral resources (consistent with Parks/Salyer and Cactus East) Ionic leach sampling identifies large target in the Gap Zone Cactus East infill to measured drilling shows high grade copper similar to Parks/Salyer CASA GRANDE, Ariz. & TORONTO / Mar 20, 2023 / Business Wire / Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) exploration drilling at the NE Extension target confirms 990.7 ft (302 m) of 0.42% CuT of continuous copper mineralization, collared 3,000 ft (914 m) northeast of the Cactus East (CE) deposit. Both the NE Extension, as well as the Gap Zone, were highlighted as priority targets following a property wide ionic leach program and magnetic imaging program targeting exploration potential along the 4 km Cactus Mine Trend. During 2023, a total of $0.9 million is budgeted for additional exploration in the Gap Zone and the NE Extension. Additionally, two infill to measured drill holes from Cactus East were returned from the laboratory, confirming continuous grade and thickness within the current mine plan (see FIGURES 1-11). Highlights: ECE-076 (CE): 491.0 ft (149.7 m) @ 1.51% CuT, 1.34% Cu TSol, 0.023% Mo Incl 211.7 ft (64.5 m) @ 1.75% CuT, 1.65% Cu TSol, 0.012% Mo (oxide) And 279.3 ft (85.1 m) @ 1.38% CuT, 1.11% Cu TSol, 0.031% Mo (enriched) Incl 79.3 ft (24.2 m) @ 2.87% CuT, 2.61% Cu TSol, 0.028% Mo ECE-078 (CE): 377 ft (114.9 m) @ 1.25% CuT, 1.15% Cu TSol, 0.035% Mo (enriched) Incl. 20 ft (6.1 m) @ 2.10% CuT, 1.98% Cu TSol, 0.035% Mo ECN-128: continuous mineralization of 990.7 ft (302.0 m) @ 0.42% CuT 118.1 ft (36.0 m) @ 0.97% CuT, 0.94% Cu TSol, 0.004% Mo (oxide) 653.4 ft (199.2 m) @ 0.40% CuT, 0.008% Mo (primary) NOTE: True widths are not known George Ogilvie, Arizona Sonoran President and CEO commented, “Exploration by ASARCO in the ’60s and ’70s was super-focused on discovering and developing open pit copper resources. As a result, ASARCO walked away from both the Cactus NE Extension and the Parks/Salyer project, both underground targets. Our team has had great success with Parks/Salyer last year, adding 2.9B lbs of Contained Copper in an inferred Ma...