Meeting Overview The meeting focused on updates regarding Arizona Sonoran Copper Company's projects, including progress on drilling, land acquisitions, and team expansions. Key highlights included the completion of infill drilling, successful rezoning of land, and the strategic importance of newly acquired properties. Key Discussion Points - Update on infill drilling for the pre-feasibility study and anticipated assay results. - Progress on drilling at the Park Salyer exploration property and recent assay results. - Successful rezoning of LKY lands from residential to industrial by the City Council of Casa Grande. - Acquisition of additional land known as Bronco Creek and its strategic significance. - Strengthening of the team with new appointments in finance and legal advisory roles. - Receipt of a lifecycle report from Menviro for the PEA over an 18-year life of mine plan. - Ongoing drilling for the bankable feasibility study targeting indicated resources. Decisions Made - No expl...
President, CEO & Director at Arizona Sonoran Copper Company
George Ogilvie, has over 32 years of management, operating and technical experience in the mining industry. Mr. Ogilvie was until most recently the President & CEO of Battle North, a position he was appointed to, in 2016 whilst the company was under financial insolvency & restructuring proceedings. During his 5 year tenure at Battle North, Mr. Ogilvie and his team successfully completed a turnaround of the company resulting in an increase in the resource base from 400 k ounces Au to approximately 1.3 million oz Au, completion of a positive bulk mining reconciliation program resulting in de-risking of the project, delivery of a preliminary economic assessment and follow on feasibility study in relation to the project with a post-tax IRR of 50% and completion debt and equity financing of over C$100m associated with project construction. Battle North was acquired by Evolution Mining Limited in May 2021 at a 45% premium to the prevailing spot price. Prior to this, Mr. Ogilvie was the CEO of Kirkland Lake Gold Inc. where he and his team implemented a turnaround strategy which included, amongst other items, improving operations at the Macassa Mine and the acquisition of St. Andrew Goldfields, resulting in significant returns for shareholders. Previously, Mr. Ogilvie was the CEO of Rambler Metals and Mining PLC, where he and his team guided the evolution of the company from grassroots exploration to a profitable junior producer. Mr. Ogilvie began his mining career in 1989 with AngloGold in South Africa and he subsequently held other roles at the Ruttan Mine in Northern Manitoba for HudBay Minerals Inc., the McCreedy West Mine and also as Area Manager for Dynatec Corporation. Currently, Mr. Ogilvie also serves on the board of Rupert Resources Ltd.
Mr. Ogilvie received his B.Sc. (Hons.) in Mining and Petroleum Engineering from Strathclyde University in Glasgow, Scotland. He is a Professional Engineer and also holds his Mine Managers Certificate (South Africa).
Resource Geologist at Arizona Sonoran Copper Company
Anthony is a Consulting Resource Geologist with over 22 years of experience in the mining industry
and expertise across numerous countries and a range of commodities: from low tonnage high
grade precious metals to bulk tonnage base metals. He provides resource modeling and technical
services consulting skills for underground and open pit projects, from exploration and development
through to production.
Anthony was previously the Corporate Mineral Resource Manager for Klondex Mines Limited and
has worked for various mining companies including BHP Billiton and Newmont.
Anthony is the Principal Resource Geologist for InterGEO Resource Consulting based in Brisbane
Australia, He has a bachelor’s degree in Geology with Honours in Structural Geology from the
University of Adelaide and is a member of the Australian Institute of Mining and Metallurgy
(AusIMM).
Replay transcript excerpt
Speaker 1: All right. Well, hello, everyone, and welcome to Arizona Sonoran Copper Company's live summit today hosted by 6. I'm pleased to introduce our speakers today. We have President, CEO and Director George Ogilvie, Speaker 1: Chief Operating Officer Ian McMillan and Anthony Bottrell, Resource Geologist. Speaker 1: The team is going to walk us through a company presentation and then we will be accepting questions live. So as a reminder, you can submit your questions at any time on the right hand side of the screen there, and we'll try to get to them after the presentation. Speaker 1: And as always, the summit is being recorded and will be available to watch afterwards on SIX.com. But without any further ado, I'll hand it over to you, George. Speaker 2: Thank you, Dasha, and thank you, everyone, for joining us here today. Obviously, it's Arizona Sonora Copper Company, Speaker 2: and this is an update to a presentation that we gave Speaker 2: several weeks ago on the 6th Speaker 2: in January of this year. Speaker 2: We do make some forward-looking statements, so I'll draw your attention to the cautionary language. Speaker 2: If we touch on some of the key events that we've actually delivered on over the last couple of months, I think you're going to see that we've made some significant progress here since the early part of this year. So, Speaker 2: 1st of all, all of the infill drilling as part of the pre-feasibility Speaker 2: study Speaker 2: that's looking to move Speaker 2: inferred resource Speaker 2: into the indicated category Speaker 2: was completed in late January, Speaker 2: And we're now waiting on the final suite of assays to come back that we can then announce to the market. Speaker 2: We did announce late last year as well that we've started drilli...
