Arizona Sonoran Copper’s Cactus mission. Picture from Arizona Sonoran Copper Firm.
Privately held U.S. explorer-developer Arizona Sonoran Copper Firm (previously Elim Mining) is finishing a preliminary financial evaluation (PEA) on its Cactus porphyry copper mission in Arizona earlier than year-end, lately put in president and CEO George Ogilvie tells The Northern Miner.
The corporate is working to reactivate the brownfields copper deposit within the shortest doable timeframe. In distinction, the copper worth runs red-hot close to the file worth ranges achieved earlier this 12 months, amid stable fundamentals backed by the vitality transition and international financial restoration following the pandemic’s impacts.