Base Metals
Arizona Sonoran Copper (TSX:ASCU) Advances Drilling at Parks/Salyer Deposit, Paving the Way for 2024 Feasibility Study
Arizona Sonoran Copper (TSX:ASCU) has successfully completed drilling of 13 infill holes at the Parks/Salyer deposit’s high-grade core, which displays…
Arizona Sonoran Copper (TSX:ASCU) has successfully completed drilling of 13 infill holes at the Parks/Salyer deposit’s high-grade core, which displays consistency in both grade and mineralized widths at a 125 ft (38 m) drill spacing. Out of the total planned drilling for the Cactus Project deposits, 29,036 ft (8,850.2 m) has been covered, aiming to complete an overall 105,000 ft (32,000 m) by the end of the program. This extensive drill program seeks to improve the precision of the current mineral resources, setting the stage for a detailed feasibility study in 2024.
Since the beginning of April 2023, 26 out of a proposed 47-hole program have been drilled at 125 ft (38m) drill centres in the eastern section of the Parks/Salyer mineral resource area. The primary aim remains to pinpoint the high-grade core of the mineral resource, with the geological team noting steady intervals of mineralization. This effort is gearing up for a comprehensive feasibility study next year. Notably, holes ECP-145 and ECP-162 indicate a continuity of width and grade that aligns with expectations set by an earlier 250 ft (76m) drill program. This consistency is particularly evident in areas previously identified to have a thicker and higher-grade copper presence. As drilling progresses, forthcoming results are anticipated to provide more insights into the specific traits and boundaries of the two prominent high-grade mineralization centres.
George Ogilvie, Arizona Sonoran President and CEO commented in a press release: “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.”
Highlights from the results are as follows:
– Drilling replicating high-grade thicknesses from prior drill programs, including 5 new intervals in the top 10 grade thickness intervals at Parks/Salyer
– In July and August, 2 drill rigs focused in the eastern section, interpreted to be the high grade core of the deposit
– ECP-145: 937 ft (285.8 m) @ 1.41% CuT of continuous mineralization
- 639 ft (194.8 m) @ 1.78% CuT, 1.37% Cu TSol, 0.016% Mo (enriched)
- Incl 78 ft (23.8 m) @ 4.10% CuT, 2.96% Cu TSol, 0.013% Mo
– ECP-147: 1,023 ft (312 m) @ 1.05% CuT of continuous mineralization
- 935 ft (285.2 m) @ 1.02% CuT, 0.63% Cu TSol, 0.014% Mo (enriched)
- Incl 202 ft (61.6 m) @ 2.03% CuT, 1.28% Cu TSol, 0.016% Mo
– ECP-162: 1,132 ft (344.9 m) @ 1.23% CuT of continuous mineralization
- 597 ft (181.8 m) @ 1.49% CuT, 1.44% Cu TSol, 0.019% Mo (enriched)
- And 170 ft (51.8 m) @ 1.92% CuT, 1.88% Cu TSol, 0.023% Mo
– ECP-169: 880.2 ft (268.3 m) @ 1.13% CuT of continuous mineralization
- 519 ft (158.2 m) @ 1.49% CuT, 1.09% Cu TSol, 0.011% Mo (enriched)
- Incl 158ft (48.2m) @ 2.16% CuT, 2.10% Cu TSol, 0.004% Mo
– ECP-152: 1,011 ft (308.2 m) @ 0.78% CuT of continuous mineralization
- 674 ft (205.6 m) @ 1.0% CuT, 0.94% Cu TSol, 0.020% Mo (enriched)
- Incl 125 ft (38.3 m) @ 2.18% CuT, 2.13% Cu TSol, 0.017% Mo
TABLE 1
|
Hole Id |
Zone |
Feet |
Metres |
Grade |
||||||
|
From |
To |
Length |
From |
To |
Length |
CuT |
TSol |
Mo |
||
|
ECP-132 |
oxide |
1,535.5 |
1,586.9 |
51.4 |
468.0 |
483.7 |
15.7 |
0.95 |
0.94 |
0.011 |
|
enriched |
1,586.9 |
1,816.0 |
229.1 |
483.7 |
553.5 |
69.8 |
1.02 |
0.95 |
0.007 |
|
|
including |
1,586.9 |
1,634.7 |
47.8 |
483.7 |
498.3 |
14.6 |
1.52 |
1.45 |
0.012 |
|
|
and |
1,678.0 |
1,708.0 |
30.0 |
511.5 |
520.6 |
9.1 |
1.24 |
1.20 |
0.005 |
|
|
and |
1,752.6 |
1,804.0 |
51.4 |
534.2 |
549.9 |
15.7 |
1.17 |
1.03 |
0.005 |
|
|
primary |
1,816.0 |
2,246.0 |
430.0 |
553.5 |
684.6 |
131.1 |
0.21 |
0.02 |
0.004 |
|
|
including |
1,843.0 |
1,896.0 |
53.0 |
561.7 |
577.9 |
16.2 |
0.36 |
0.05 |
0.002 |
|
|
ECP-138 |
enriched |
1,041.4 |
1,159.0 |
117.6 |
317.4 |
353.3 |
35.8 |
1.58 |
1.54 |
0.010 |
|
including |
1,068.0 |
1,108.0 |
40.0 |
325.5 |
337.7 |
12.2 |
2.52 |
2.51 |
0.007 |
|
|
enriched |
1,268.0 |
1,313.3 |
45.3 |
386.5 |
400.3 |
13.8 |
0.96 |
0.93 |
0.028 |
|
|
enriched |
1,376.2 |
1,497.7 |
121.5 |
419.5 |
456.5 |
37.0 |
1.00 |
0.78 |
0.016 |
|
|
including |
1,386.0 |
1,451.0 |
65.0 |
422.5 |
442.3 |
19.8 |
1.39 |
1.30 |
0.016 |
|
|
primary |
1,497.7 |
2,115.8 |
618.1 |
456.5 |
644.9 |
188.4 |
0.49 |
0.05 |
0.013 |
|
|
including |
1,597.0 |
1,657.3 |
60.3 |
486.8 |
505.1 |
18.4 |
0.65 |
0.07 |
0.016 |
|
|
and |
1,798.5 |
2,008.3 |
209.8 |
548.2 |
612.1 |
63.9 |
0.69 |
0.05 |
0.020 |
|
|
ECP-145 |
enriched |
1,064.0 |
1,703.0 |
639.0 |
324.3 |
519.1 |
194.8 |
1.78 |
1.37 |
0.016 |
|
including |
1,074.0 |
1,152.0 |
78.0 |
327.4 |
351.1 |
23.8 |
4.10 |
2.96 |
0.013 |
|
|
primary |
1,703.0 |
2,001.5 |
298.5 |
519.1 |
610.1 |
91.0 |
0.62 |
0.05 |
0.033 |
|
|
including |
1,703.0 |
1,733.0 |
30.0 |
519.1 |
528.2 |
9.1 |
0.96 |
0.09 |
0.010 |
|
|
and |
1,852.0 |
1,882.0 |
30.0 |
564.5 |
573.6 |
9.1 |
0.86 |
0.07 |
0.020 |
|
|
ECP-147 |
enriched |
1,000.3 |
1,936.0 |
935.7 |
304.9 |
590.1 |
285.2 |
1.02 |
0.63 |
0.014 |
|
including |
1,145.0 |
1,347.0 |
202.0 |
349.0 |
410.6 |
61.6 |
2.03 |
1.28 |
0.016 |
|
|
and |
1,397.0 |
1,427.0 |
30.0 |
425.8 |
434.9 |
9.1 |
1.75 |
1.29 |
0.021 |
|
|
primary |
1,936.0 |
2,024.0 |
88.0 |
590.1 |
616.9 |
26.8 |
0.62 |
0.05 |
0.013 |
|
|
ECP-152 |
oxide |
1,042.0 |
1,062.3 |
20.3 |
317.6 |
323.8 |
6.2 |
1.00 |
0.97 |
0.018 |
|
enriched |
1,272.0 |
1,946.7 |
674.7 |
387.7 |
593.4 |
205.6 |
1.00 |
0.94 |
0.020 |
|
|
including |
1,293.4 |
1,419.0 |
125.6 |
394.2 |
432.5 |
38.3 |
2.18 |
2.13 |
0.017 |
|
|
and |
1,674.0 |
1,724.0 |
50.0 |
510.2 |
525.5 |
15.2 |
1.33 |
1.31 |
0.028 |
|
|
and |
1,892.0 |
1,916.0 |
24.0 |
576.7 |
584.0 |
7.3 |
1.68 |
1.65 |
0.032 |
|
|
primary |
1,946.7 |
2,283.0 |
336.3 |
593.4 |
695.9 |
102.5 |
0.35 |
0.04 |
0.016 |
|
|
including |
1,946.7 |
2,075.0 |
128.3 |
593.4 |
632.5 |
39.1 |
0.54 |
0.05 |
0.017 |
|
|
ECP-155 |
oxide |
1,072.0 |
1,140.0 |
68.0 |
326.7 |
347.5 |
20.7 |
0.72 |
0.70 |
0.018 |
|
oxide |
1,223.5 |
1,315.0 |
91.5 |
372.9 |
400.8 |
27.9 |
0.87 |
0.85 |
0.018 |
|
|
enriched |
1,315.0 |
1,887.6 |
572.6 |
400.8 |
575.3 |
174.5 |
1.04 |
0.92 |
0.023 |
|
|
including |
1,322.0 |
1,347.0 |
25.0 |
402.9 |
410.6 |
7.6 |
2.20 |
2.17 |
0.031 |
|
|
and |
1,510.0 |
1,620.0 |
110.0 |
460.2 |
493.8 |
33.5 |
1.29 |
1.06 |
0.028 |
|
|
and |
1,690.0 |
1,730.0 |
40.0 |
515.1 |
527.3 |
12.2 |
1.41 |
1.31 |
0.021 |
|
|
primary |
1,887.6 |
2,290.0 |
402.4 |
575.3 |
698.0 |
122.7 |
0.23 |
0.02 |
0.011 |
|
|
including |
1,988.0 |
2,017.0 |
29.0 |
605.9 |
614.8 |
8.8 |
0.87 |
0.06 |
0.017 |
|
|
ECP-156 |
enriched |
1,118.9 |
1,756.0 |
637.1 |
341.0 |
535.2 |
194.2 |
0.81 |
0.57 |
0.010 |
|
including |
1,366.0 |
1,566.0 |
200.0 |
416.4 |
477.3 |
61.0 |
1.33 |
1.21 |
0.009 |
|
|
primary |
1,756.0 |
2,081.6 |
325.6 |
535.2 |
634.5 |
99.2 |
0.52 |
0.05 |
0.014 |
|
|
including |
1,806.0 |
1,876.0 |
70.0 |
550.5 |
571.8 |
21.3 |
0.66 |
0.06 |
0.011 |
|
|
ECP-158 |
oxide |
1,256.0 |
1,336.7 |
80.7 |
382.8 |
407.4 |
24.6 |
1.70 |
1.69 |
0.020 |
|
enriched |
1,367.0 |
1,876.9 |
509.9 |
416.7 |
572.1 |
155.4 |
1.20 |
1.09 |
0.020 |
|
|
including |
1,382.0 |
1,432.0 |
50.0 |
421.2 |
436.5 |
15.2 |
2.79 |
2.13 |
0.032 |
|
|
and |
1,634.0 |
1,734.0 |
100.0 |
498.0 |
528.5 |
30.5 |
1.45 |
1.40 |
0.016 |
|
|
primary |
1,876.9 |
2,311.0 |
434.1 |
572.1 |
704.4 |
132.3 |
0.27 |
0.03 |
0.011 |
|
|
including |
1,897.0 |
1,969.4 |
72.4 |
578.2 |
600.3 |
22.1 |
0.42 |
0.04 |
0.009 |
|
|
and |
2,240.0 |
2,300.0 |
60.0 |
682.8 |
701.0 |
18.3 |
0.41 |
0.03 |
0.011 |
|
|
ECP-159 |
enriched |
1,493.0 |
1,823.2 |
330.2 |
455.1 |
555.7 |
100.6 |
1.27 |
0.77 |
0.015 |
|
including |
1,503.0 |
1,587.0 |
84.0 |
458.1 |
483.7 |
25.6 |
1.84 |
1.35 |
0.012 |
|
|
primary |
1,823.2 |
2,056.3 |
233.1 |
555.7 |
626.8 |
71.0 |
0.58 |
0.14 |
0.017 |
|
|
including |
1,833.0 |
1,903.5 |
70.5 |
558.7 |
580.2 |
21.5 |
0.70 |
0.09 |
0.017 |
|
|
ECP-162 |
oxide |
1,163.0 |
1,310.8 |
147.8 |
354.5 |
399.5 |
45.0 |
1.39 |
1.36 |
0.015 |
|
including |
1,212.7 |
1,280.7 |
68.0 |
369.6 |
390.4 |
20.7 |
2.09 |
2.05 |
0.017 |
|
|
enriched |
1,321.0 |
1,917.5 |
596.5 |
402.6 |
584.5 |
181.8 |
1.49 |
1.44 |
0.019 |
|
|
including |
1,367.9 |
1,418.0 |
50.1 |
416.9 |
432.2 |
15.3 |
2.57 |
2.54 |
0.016 |
|
|
and |
1,668.0 |
1,838.0 |
170.0 |
508.4 |
560.2 |
51.8 |
1.92 |
1.88 |
0.023 |
|
|
primary |
1,917.5 |
2,304.9 |
387.4 |
584.5 |
702.5 |
118.1 |
0.30 |
0.03 |
0.010 |
|
|
including |
1,917.5 |
1,978.4 |
60.9 |
584.5 |
603.0 |
18.6 |
0.41 |
0.05 |
0.006 |
|
|
and |
2,059.0 |
2,079.0 |
20.0 |
627.6 |
633.7 |
6.1 |
0.56 |
0.06 |
0.008 |
|
|
ECP-165 |
oxide |
1,357.0 |
1,386.0 |
29.0 |
413.6 |
422.5 |
8.8 |
1.72 |
1.71 |
0.033 |
|
enriched |
1,429.5 |
1,598.0 |
168.5 |
435.7 |
487.1 |
51.4 |
1.49 |
1.46 |
0.012 |
|
|
including |
1,437.0 |
1,487.0 |
50.0 |
438.0 |
453.2 |
15.2 |
2.29 |
2.20 |
0.013 |
|
|
enriched |
1,748.0 |
1,884.0 |
136.0 |
532.8 |
574.2 |
41.5 |
1.08 |
1.05 |
0.009 |
|
|
including |
1,758.2 |
1,788.0 |
29.8 |
535.9 |
545.0 |
9.1 |
1.60 |
1.58 |
0.010 |
|
|
primary |
1,884.0 |
2,327.0 |
443.0 |
574.2 |
709.3 |
135.0 |
0.28 |
0.03 |
0.011 |
|
|
including |
1,908.5 |
1,945.0 |
36.5 |
581.7 |
592.8 |
11.1 |
0.46 |
0.04 |
0.007 |
|
|
ECP-168 |
oxide |
1,282.0 |
1,385.5 |
103.5 |
390.8 |
422.3 |
31.5 |
0.97 |
0.97 |
0.027 |
|
including |
1,365.4 |
1,385.5 |
20.1 |
416.2 |
422.3 |
6.1 |
2.36 |
2.36 |
0.036 |
|
|
enriched |
1,405.0 |
1,570.5 |
165.5 |
428.2 |
478.7 |
50.4 |
1.28 |
1.22 |
0.016 |
|
|
including |
1,405.0 |
1,439.0 |
34.0 |
428.2 |
438.6 |
10.4 |
2.09 |
2.08 |
0.038 |
|
|
and |
1,518.0 |
1,548.0 |
30.0 |
462.7 |
471.8 |
9.1 |
1.63 |
1.62 |
0.010 |
|
|
enriched |
1,696.3 |
1,862.5 |
166.2 |
517.0 |
567.7 |
50.7 |
1.49 |
1.46 |
0.008 |
|
|
including |
1,730.0 |
1,800.0 |
70.0 |
527.3 |
548.6 |
21.3 |
1.93 |
0.35 |
0.006 |
|
|
primary |
1,862.5 |
2,300.4 |
437.9 |
567.7 |
701.2 |
133.5 |
0.25 |
0.03 |
0.010 |
|
|
including |
1,862.5 |
1,960.0 |
97.5 |
567.7 |
597.4 |
29.7 |
0.44 |
0.06 |
0.012 |
|
|
ECP-169 |
enriched |
693.3 |
730.0 |
36.7 |
211.3 |
222.5 |
11.2 |
0.79 |
0.79 |
0.007 |
|
enriched |
1,028.1 |
1,547.0 |
518.9 |
313.4 |
471.5 |
158.2 |
1.49 |
1.09 |
0.011 |
|
|
including |
1,036.0 |
1,194.0 |
158.0 |
315.8 |
363.9 |
48.2 |
2.16 |
2.10 |
0.004 |
|
|
primary |
1,547.0 |
1,908.3 |
361.3 |
471.5 |
581.6 |
110.1 |
0.61 |
0.05 |
0.017 |
|
|
including |
1,601.5 |
1,692.0 |
90.5 |
488.1 |
515.7 |
27.6 |
0.75 |
0.08 |
0.020 |
|
|
1. |
Intervals are presented in core length and are drilled with vertical, or steep dip angles. |
|
|
2. |
Drill assays assume a mineralized cut-off grade of 0.5% CuT reflecting the potential for heap leaching of underground material in the case of Oxide and Enriched or in the case of Primary material, 0.1% CuT, to provide typical average grades. Holes were terminated below the basement fault. |
|
|
3. |
Assay results are not capped. Intercepts are aggregated within geological confines of major mineral zones. |
|
|
4. |
True widths are not known. |
Table 2: Drilling details
|
Hole |
Easting (m) |
Northing (m) |
Elevation (ft) |
TD (ft) |
Azimuth |
Dip |
|
ECP-132 |
421884.8 |
3645378.0 |
1386.7 |
2430.0 |
235.0 |
-80.0 |
|
ECP-138 |
421775.2 |
3645055.4 |
1376.0 |
2248.0 |
115.0 |
-80.0 |
|
ECP-145 |
421948.2 |
3644932.1 |
1377.2 |
2011.6 |
0.0 |
-90.0 |
|
ECP-147 |
421897.2 |
3644937.9 |
1374.2 |
2219.9 |
0.0 |
-90.0 |
|
ECP-152 |
421876.6 |
3645214.3 |
1381.0 |
2315.0 |
0.0 |
-90.0 |
|
ECP-155 |
421843.8 |
3645229.5 |
1381.0 |
2315.4 |
0.0 |
-90.0 |
|
ECP-156 |
421919.7 |
3645022.2 |
1376.8 |
2103.0 |
0.0 |
-90.0 |
|
ECP-158 |
421876.6 |
3645251.8 |
1381.9 |
2347.2 |
0.0 |
-90.0 |
|
ECP-159 |
421960.0 |
3645022.5 |
1377.4 |
2077.0 |
0.0 |
-90.0 |
|
ECP-162 |
421945.2 |
3645277.4 |
1383.3 |
2323.0 |
0.0 |
-90.0 |
|
ECP-165 |
421921.3 |
3645307.7 |
1384.6 |
2373.0 |
0.0 |
-90.0 |
|
ECP-168 |
421884.6 |
3645283.8 |
1382.8 |
2360.1 |
0.0 |
-90.0 |
|
ECP-169 |
422007.8 |
3644902.1 |
1374.8 |
1912.8 |
0.0 |
-90.0 |
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
The post Arizona Sonoran Copper (TSX:ASCU) Advances Drilling at Parks/Salyer Deposit, Paving the Way for 2024 Feasibility Study appeared first on MiningFeeds.
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Companies22 hours agoIsland Pond Gold Project – Noble Mineral Exploration (TSXV: NOB – OTCQB: NLPXF)
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Financing News22 hours agoCORRECTION FROM SOURCE: American Creek JV Partner Intersects 55 Meters of 3.35 g/t AuEq Within 255 Meters of 1.18 g/t AuEq at the Goldstorm Deposit, Treaty Creek
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Precious Metals24 hours agoGold: It’s Who’s Buying It That Counts
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Drilling News17 hours agoSandstorm Gold Royalties Renews Credit Facility, Amends Mercedes Stream, Provides Corporate and Development Asset Updates
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Energy & Critical Metals14 hours agoIRR of 132pc? Payback in just 7 months? Latin Resources’ Colina project could host one of the biggest, lowest cost spodumene mines in the world
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Energy & Critical Metals14 hours agoMicros with Majors: Which battery maker is sniffing around these two ASX juniors for lithium supply?
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Uncategorized22 hours agoFathom Nickel (CSE:FNI) Completes Fall 2023 Drilling Program at Gochager Lake Deposit, BHEM and Surface Geophysics Results Expected in Coming Weeks
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Drilling News7 hours agoCornish Metals Releases Unaudited Financial Statements and Management’s Discussion and Analysis for the Six Months Ended 31 July 2023
