Mining Stock Daily

Morning Briefing: Arizona Sonoran Copper Release Updated Mineral Resource Estimate for Cactus

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Sep 16, 2025
Arizona Sonoran Copper just unveiled a new mineral resource estimate for its Cactus project in Arizona, raising excitement among investors. Highlander Silver proudly reported remarkable assay results from the Bonita vein system, showcasing some of the highest gold grades encountered thus far. Eloro Resources followed suit with promising results from its ongoing diamond drilling program. Additionally, there's buzz about a potential reverse takeover in the mining sector, as gold and silver prices see a notable surge.
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ADVICE

Watch Macro And Chart Momentum

  • Monitor macro drivers as gold approaches new highs and markets price in a likely Fed rate cut.
  • Track gold and silver charts because momentum and overbought signals can inform trading decisions.
INSIGHT

Inferred Copper Falls After Conversion

  • The inferred resource fell to 1.7 billion pounds after conversions, reflecting a 56% decrease due to reclassification to measured and indicated.
  • Drilling expanded resources laterally and to depth, supporting upcoming feasibility work.
INSIGHT

Cactus Resource Grows To 11B Lbs

  • Arizona Sonoran Copper's updated MRE now reports over 11 billion pounds of contained copper in measured and indicated categories.
  • Seventy-five percent of that resource is leachable and a preliminary feasibility study is expected in Q4.
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