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Cover for Arizona Sonoran's Inclusion of MainSpring Property Boosts Copper Production with New PEA

Arizona Sonoran's Inclusion of MainSpring Property Boosts Copper Production with New PEA

August 11, 2024
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Mining Stock Daily
By Mining Stock Daily
Mining Stock Daily

Arizona Sonoran Copper has published a new preliminary economic assessment (PEA) for its Cactus project, which has received positive feedback from the market. The inclusion of the MainSpring property in the mine plan has improved the economics of the project, with an NPV(8) after-tax of over $2 billion and an IRR after-tax of 24%. The project is expected to have a 31-year operating life and produce an average of 86,000 short tons of cathode production per annum. Arizona Sonoran Copper is outperforming its peers in terms of key performance indicators, despite having a lower market cap.

Mining Stock Daily
Mining Stock Daily
Mining Stock Daily is a news-style briefing delivering the day's most important information out of the junior mining and mineral exploration sector. Content is published throughout the world on a dozen different platforms.
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