Arizona Sonoran Updates on PFS Workstreams at the Cactus Project

About this update from Arizona Sonoran Copper Co., Inc.

[{"type":"text","content":"Arizona Sonoran Updates on PFS Workstreams at the Cactus Project\n\n\n .bwlistcircle { list-style-type: circle }\n.bwmarginl1 { margin-left: 30px }\n.bwmarginl2 { margin-left: 60px }\n.bwuline { text-decoration: underline }\n \n\n\n\n\n Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF)\n \n (“ASCU” or the “Company”), an emerging U.S. copper developer in Arizona, today provides an update on key workstreams associated with advancing the 2024 Preliminary Economic Assessment (“2024 PEA” see the Aug 7, 2024\n \n\n Press Release\n \n\n |\n \n\n Technical Report\n \n\n ) to Pre-feasibility Study (“PFS”). The 2024 PEA envisages a low capital intensity open pit operation producing over 116,000 short tons or 232 million pounds of copper cathodes annually for the first 20 years of the mine life, via heap leach and solvent extraction electrowinning (“SX/EW”) processing of the oxides and enriched material. Activities in 2025 are set to derisk the Cactus Project as we move through the technical studies and to an eventual construction decision post-definitive feasibility study next year.\n \n\n\n Key workstreams:\n \n\n\n -\n \n The PFS work and workstreams are on track for issuing in 2H2025\n \n\n\n -\n \n Engineering\n \n\n\n\n Hydrology – Vibrating wireline piezometers have been installed in eight drillholes; ground water data is being collected to facilitate the ongoing hydrologic model\n \n\n Geotechnical drilling is complete and test work and final analysis is pending\n \n\n Base case mine planning well underway with varying opportunities to improve Project economics\n \n\n Earthworks and trial excavation of the Cactus West pit using a surface continuous miner\n \n\n\n -\n \n Metallurgy\n \n – completed columns to date indicate Parks/Salyer (including MainSpring) metallurgy positively correlates with 2024 PEA results. Additional primary sulphide column testing using conventional heap leaching is ongoing\n \n\n -\n \n Cactus West Pit Sampling\n \n – samples from the pit lake to be taken in June. Results to analyze the usage of pit lake solution within the PFS flow sheet\n \n\n -\n \n Drilling\n \n – 65% complete, with final results expected in July\n \n\n -\n \n Land use management\n \n – Pinal County has selected Cactus&#x2...

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