Drill Holes Identify Continued Grade And Mineralised Width At Parks/Salyer

CASA GRANDE, AZ - Arizona Sonoran Copper Company Inc. drills initial 13 infill holes from the high grade core of the Parks/Salyer deposit demonstrating continuity of grade and mineralized widths at 125 ft (38 m) drill spacing. A total of 29,036 ft (8,850.2 m) has now been drilled within the overall 105,000 ft (32,000 m) infill to measured drilling program over the Cactus Project deposits. This program is being undertaken to upgrade parts of the current mineral resources to the measured category for a definitive feasibility study (DFS) in late 2024.

George Ogilvie, President and CEO commented, “The team continues to execute and deliver solid results as we advance our Cactus and Parks/Salyer projects. The proven continuity of the Parks/Salyer mineralization within the deposit continues to support our vision of a top tier asset within a tier 1 jurisdiction. Additionally, with the recent option of MainSpring, the Parks/Salyer southern extension, we see a tremendous opportunity to continue building the Parks/Salyer mineral resource beyond the current 2.9 billion pounds at 1.015% total copper inferred resource.”

A total of 26 infill-to-measured core holes (of a planned 47-hole program) have been drilled at 125 ft (38m) drill centers in the eastern half of the Parks/Salyer mineral resource area since April 2023. We continue to focus on defining the high-grade core of the mineral resource, with encouraging and consistent intervals of mineralization as the geological team continues to work toward completing the drilling that will be needed for a measured resource for the Definitive Feasibility Study in 2024. Holes ECP-145 and ECP-162 demonstrate the overall continuity of width and grade predicted by the earlier 250 ft (76m) infill-to-indicated drill program, especially in the center of the previously defined thicker areas of higher grade copper, where both thickness and average grades continue to be defined by the latest infill drilling. Completed drilling that is pending results will help to further define the characteristics and boundaries of these two high grade centers of mineralization.