Arizona Sonoran Copper said it has acquired the land title for the 523-acre MainSpring property as well as received a special land use permit on the southeast corner of the Cactus project in Arizona.
Additionally, the miner said rezoning of MainSpring PAD III, the southern parcel of the MainSpring property, to Industrial Use, Mining is now complete. There is no further zoning amendments required.
Arizona Sonoran is currently infill drilling the near surface mineralization at MainSpring, extending immediately south of the 2.9 billion pound @ 1.0% Cut M&I Parks/Salyer deposit.
The Section 2 special land use permit allows the miner to use the surface of the 339-acre Cactus property to accommodate future mine infrastructure. The permit is rented by the Arizona State Lands Department, although Arizona Sonoran has submitted a purchase application to own the surface rights 100%.
“Each step we make continues to demonstrate our intent and support to develop the Cactus mine. By rezoning and consolidating this land around Cactus, we are able to improve operational flexibility of our project and gain access to mineralization excluded from our recent Pre-Feasibility Study,” said VP External Relations and Sustainability Travis Snider.
“MainSpring’s mineralized zone may now be used within future technical reports once drilled to the appropriate resource classification, with the potential for operation and economic optimization. Most importantly however, we are thankful for the continued support from our surrounding communities and the regulating bodies as we continue along our path to a production decision.”
Arizona Sonoran’s principal asset is a 100% interest in the Cactus project (formerly ASARCO’s Sacaton mine), which is contiguous to the company’s 100%-owned Parks/Salyer deposit.