Arizona Sonoran Copper Company recently published a pre-feasibility study for the Cactus project. The study revealed key highlights, including a 21-year mine life and annual production of 55,000 short tons of copper. There is a need for clarity on the capital required to build the mine. The company plans to de-risk the project and release updated engineering studies in the future. The study did not include certain opportunities for growth, such as the Nuton partnership and the sulfide material at depth. The company believes that the technical report was necessary to provide accurate and up-to-date information to the market.
Mining Stock Daily