Arizona Sonoran Copper Company Inc. has shared significant progress made at the Cactus Project in 2024 and outlined its strategic goals for 2025. The company, committed to advancing its copper project in Arizona, plans to focus on technical studies and optimize operations to enhance value. Key achievements in 2024 include no lost time incidents and successful financial support. The 2024 PEA highlighted a 31-year open-pit operation with an IRR of 24%. The company’s exploration program completed a large drilling campaign, increasing the mineral resource estimates for the project.
In 2025, the company plans to continue drilling programs, advance technical studies, and work on permitting and land issues. The goal is to identify potential financial partners for project financing and initiate a Definitive Feasibility Study. The company’s CEO, George Ogilvie, emphasized delivering a transformational year in 2024 and highlighted the community’s support for the project in advancing towards production. Overall, Arizona Sonoran Copper Company is looking to build on its past successes and optimize its operations for long-term sustainability.
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