Arizona Sonoran Copper (TSX:ASCU) Advances Drilling at Parks/Salyer Deposit, Paving the Way for 2024 Feasibility Study

George Ogilvie, Arizona Sonoran President and CEO commented in a…


George Ogilvie, Arizona Sonoran President and CEO commented in a press release: “The team continues to execute and deliver solid results as we advance our Cactus and Parks/Salyer projects. The proven continuity of the Parks/Salyer mineralization within the deposit continues to support our vision of a top tier asset within a tier 1 jurisdiction. Additionally, with the recent option of MainSpring, the Parks/Salyer southern extension, we see a tremendous opportunity to continue building the Parks/Salyer mineral resource beyond the current 2.9 billion pounds at 1.015% total copper inferred resource.”

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Source: Arizona Sonoran Copper Company Inc.

Highlights from the results are as follows:

– Drilling replicating high-grade thicknesses from prior drill programs, including 5 new intervals in the top 10 grade thickness intervals at Parks/Salyer

– In July and August, 2 drill rigs focused in the eastern section, interpreted to be the high grade core of the deposit

– ECP-145: 937 ft (285.8 m) @ 1.41% CuT of continuous mineralization

  • 639 ft (194.8 m) @ 1.78% CuT, 1.37% Cu TSol, 0.016% Mo (enriched)
  • Incl 78 ft (23.8 m) @ 4.10% CuT, 2.96% Cu TSol, 0.013% Mo

– ECP-147: 1,023 ft (312 m) @ 1.05% CuT of continuous mineralization

  • 935 ft (285.2 m) @ 1.02% CuT, 0.63% Cu TSol, 0.014% Mo (enriched)
  • Incl 202 ft (61.6 m) @ 2.03% CuT, 1.28% Cu TSol, 0.016% Mo

– ECP-162: 1,132 ft (344.9 m) @ 1.23% CuT of continuous mineralization

  • 597 ft (181.8 m) @ 1.49% CuT, 1.44% Cu TSol, 0.019% Mo (enriched)
  • And 170 ft (51.8 m) @ 1.92% CuT, 1.88% Cu TSol, 0.023% Mo

– ECP-169: 880.2 ft (268.3 m) @ 1.13% CuT of continuous mineralization

  • 519 ft (158.2 m) @ 1.49% CuT, 1.09% Cu TSol, 0.011% Mo (enriched)
  • Incl 158ft (48.2m) @ 2.16% CuT, 2.10% Cu TSol, 0.004% Mo

– ECP-152: 1,011 ft (308.2 m) @ 0.78% CuT of continuous mineralization

  • 674 ft (205.6 m) @ 1.0% CuT, 0.94% Cu TSol, 0.020% Mo (enriched)
  • Incl 125 ft (38.3 m) @ 2.18% CuT, 2.13% Cu TSol, 0.017% Mo
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Source: Arizona Sonoran Copper Company Inc.

TABLE 1

Table 2: Drilling details



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