Arizona Sonoran Copper has completed its NI 43-101 Prefeasibility Study (PFS) for its Cactus project in Arizona. The study outlines a lower risk, top 10 potential copper operation within the United States, producing LME Grade A copper cathodes onsite via heap leach and a solvent extraction/electrotwinning plant. Average annual production is estimated to be 55,000 tons of copper, with a…
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American Rare Earths raises capital for Halleck Creek
American Rare Earths has received firm commitments via an institutional placement to raise gross proceeds of A$13.5 million at an issue price of $0.30 per share for the development of its Halleck Creek rare earths project in Wyoming. The company said the placement, together with existing cash, will be used for mineral resource and extensional drilling, a prefeasibility study, metallurgical…
Read MoreArizona Sonoran plans for the new year
Arizona Sonoran Copper Company has announced its 2023 work plan for the Cactus Property, inclusive of the Cactus and Parks/Salyer projects near Casa Grande, Ariz. All work streams this year will feed into the planned Prefeasibility Study (PFS) due in the fourth quarter 2023/first quarter 2024, and includes drilling, metallurgy, detailed engineering, permitting and technical studies, along with continued efforts…
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