Arizona Sonoran (TSX:ASCU) - More Copper in New Resource Update, PFS Coming Soon
Audio is streamed directly from the publisher (media.transistor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Interview with George Ogilvie, President and CEO of Arizona Sonoran Copper Company Inc.
Our previous interview: https://www.cruxinvestor.com/posts/arizona-sonoran-copper-ascu-low-risk-heap-leach-sxew-plus-growth-upside-2673
Recording date: 18th October 2023
Arizona Sonoran Copper Company (ASCUF) is developing the past-producing Cactus copper project in Arizona. The project includes multiple deposits with 7.4 billion pounds of copper resources. Approximately 5.2 billion pounds are amenable to heap leaching and solvent extraction electrowinning to produce copper cathode.
Pre-feasibility study targeted for early 2024 is examining a 25+ year mine life producing 45,000-50,000 tons of copper cathode annually. There is potential to expand resources and production through exploration drilling between the known deposits. The company is working with new technology, Newton Column test, for enhanced leaching of primary sulfides which could further boost recoveries and mine life.
With copper prices expected to remain strong long-term, Arizona Sonoran offers leverage to higher copper as the project advances towards a construction decision, targeting first production before the end of 2026.
View Arizona Sonoran Copper's company profile: https://www.cruxinvestor.com/companies/arizona-sonoran
Sign up for Crux Investor: https://cruxinvestor.com