Mining Stock Daily George Ogilvie Highlights Approaching Catalysts for Arizona Sonoran Copper
Sep 17, 2025
George Ogilvie, CEO of Arizona Sonoran Copper, discusses pivotal developments for the Cactus Project in Arizona. He highlights an updated mineral resource estimate and an upcoming Preliminary Feasibility Study that aim to optimize financing. Ogilvie also delves into the strategic acquisition of over 2,000 acres for crucial infrastructure and the potential impact of copper's critical mineral status on federal funding. This insightful conversation sheds light on the company's innovative approaches and future prospects in the copper industry.
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MRE Conversion Drives Next Study
- Arizona Sonoran expects an updated MRE that converts a large portion of inferred into measured and indicated resources.
- That conversion will support a PFS and strengthen the company's NAV argument.
Prioritize Measured Resources For Financing
- Build measured resources in early years to convert to proven reserves for bankable studies.
- Higher confidence reduces financing cost and improves lender appetite.
Land Purchase Solves Mid-Life Capacity
- Arizona Sonoran bought 2,000+ acres because mid-mine life leach pads and waste rock needed space beyond current holdings.
- The staged purchase aligns payments with expected project financing to avoid upfront cash strain.