CASA GRANDE, Ariz and TORONTO, April 28, 2023 (GLOBE NEWSWIRE) -- Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”), an emerging copper developer on private land in Arizona, today announced that Nick Nikolakakis, VP Finance and CFO, will present live at VirtualInvestorConferences.com on May 4th, 2023.
DATE: May 4, 2023
TIME: 9:30 am ET
LINK: https://bit.ly/44jNv83
Available for Meetings: Friday May 5 and Monday May 8
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com.
Arizona Sonoran Copper Company Highlights
- Clear path to developing its Cactus and Parks/Salyer Projects
- Water rights, surface rights with a streamlined and well-advanced permitting process
- Past producing asset with significant in place infrastructure in tier 1 jurisdiction
- Proposed Copper heap leach and SXEW operation on oxides and enriched material with exploration and primary sulphide upside
- Well-known and experienced executive team:
- George Ogilvie, CEO (Rambler Metals, Kirkland Lake Gold, Battle North Gold)
- Nick Nikolakakis, CFO (Rainy River, Barrick, Battle North Gold)
- David Laing, Chairman (Equinox Gold, Endeavour Mining, True Gold, Chair of Fortuna Silver, Northern Dynasty, Blackrock Silver, Amarillo)
- Well-funded (USD 25M) with a tight share structure (106M shares) and strong supporters
Quality Assurance / Quality Control
Drilling completed on the project between 2020 and 2022 was supervised by on-site ASCU personnel who prepared core samples for assay and implemented a full QA/QC program using blanks, standards, and duplicates to monitor analytical accuracy and precision. The samples were sealed on site and shipped to Skyline Laboratories in Tucson AZ for analysis. Skyline’s quality control system complies with global certifications for Quality ISO9001:2008.
Technical aspects of this news release have been reviewed and verified by Allan Schappert – CPG #11758, who is a qualified person as defined by National Instrument 43-101– Standards of Disclosure for Mineral Projects.
Neither the TSX nor the regulating authority has approved or disproved the information contained in this press release.
About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
About Arizona Sonoran Copper Company (www.arizonasonoran.com | www.cactusmine.com)
ASCU’s objective is to become a mid-tier copper producer with low operating costs and to develop the Cactus and Parks/Salyer Projects that could generate robust returns for investors and provide a long term sustainable and responsible operation for the community and all stakeholders. The Company's principal asset is a 100% interest in the Cactus Project (former ASARCO, Sacaton mine) which is situated on private land in an infrastructure-rich area of Arizona. Contiguous to the Cactus Project is the Company’s 100%-owned Parks/Salyer deposit that could allow for a phased expansion of the Cactus Mine once it becomes a producing asset. The Company is led by an executive management team and Board which have a long-standing track record of successful project delivery in North America complemented by global capital markets expertise.
For more information
Arizona Sonoran Copper Company
Alison Dwoskin, Director, Investor Relations
647-233-4348
adwoskin@arizonasonoran.com
Virtual Investor Conferences, OTC Markets Group
John M. Viglotti, SVP Corporate Services, Investor Access
(212) 220-2221
Johnv@otcmarkets.com
Forward-Looking Statements
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of ASCU to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of drilling; inability to raise the money necessary to incur the expenditures required to retain and advance the properties; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; accidents, labour disputes and other risks of the mining industry; political instability, terrorism, insurrection or war; or delays in obtaining governmental approvals, projected cash operating costs, failure to obtain regulatory or shareholder approvals.
Although ASCU has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and ASCU disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
