Parks/Salyer Exploration Drilling Expands The Program

CASA GRANDE, AZ - Arizona Sonoran Copper Company Inc. reported on drill holes from the 14-hole expanded exploration program at Parks/Salyer (P/S), located ~1.3 mi (2 km) southwest of the Company’s Cactus Mine Project. Drilling extended mineralization east by up to 1,000 ft (300 m) onto the Bronco Creek (BCE) land, a part of the P/S Project which was acquired earlier this year (see PR dated Feb 10, 2022). Assays are pending on 4 holes. The Company is also extending its current ionic leach sampling survey northeast of P/S, as well as eastward onto the BCE land.

George Ogilvie, President and CEO, said, “The results continue to demonstrate the potential of Parks/Salyer to underpin and augment the multi-billion-pound Cactus copper project located only 1.3 miles (2 km) to the northeast. These drill holes extend mineralization from the eastern Parks/Salyer border onto the new Bronco Creek land by upwards of 1,000 ft (300 m). With drill spacing now at 500 ft (150 m) centers, we have defined the general eastern horst block extent, with assays pending on the west side for 4 holes. The team has now moved on to a 250 ft (75 m) infill drilling program to increase the confidence of the mineralization to an indicated resource category. Our goal is to issue a maiden inferred mineral resource estimate on Park/Salyer within Q4 2022.”

Assay results are pending on 4 holes from the 14-hole expanded exploration drill program, whose goal is to extend mineralization to the west and east of the original Exploration Target. Mineralization is open locally to the north and west, with the eastern extents generally known. To focus resources, the Company is now well-underway with the infill to 250 ft (75 m) centre drilling program. Since starting the program on July 17, 2022, 5 holes are now completed for a total of 11,345 ft (3,458 m), with assays pending. A third rig is scheduled to start drilling a 3-hole metallurgical program at Parks/Salyer later this month.