Arizona Sonoran secures additional land for Cactus copper project plan
Toronto-listed Arizona Sonoran Copper has acquired 859.3 ha of private land adjacent to its Cactus project in Arizona, providing the additional space required to support its planned development and operations.
The acquisition includes 827 ha from a consortium of private landowners, completed on August 29, and a 32.4-ha parcel purchased in June. With the new land package, Arizona Sonoran’s consolidated holdings at the Cactus project now total 3 174 ha.
The parcels will be used to host key infrastructure such as solvent extraction and electrowinning (SX/EW) plant facilities, leach pads and waste rock stockpiles. The company said the purchase also allowed flexibility for the potential development of future mineralisation and sulphide deposits.
“During the ongoing advancement of the pending prefeasibility study, it became evident that while the necessary water and mineral rights were in place, once the estimated mine life extended past year 15, additional acreage for eventual surface operations would be needed,” president and CEO George Ogilvie said.
“With the addition of the purchased lands, contiguous to the Cactus project and of corresponding scale, we believe that all land requirements are now in place to support the anticipated project plan, including a significant heap-leach and SX/EW copper cathode operation,” he said, adding the deal represented “a major de-risking event” for the project.
Ogilvie noted that the structure of the land purchase provided “a financially manageable path forward for the company and the Cactus project through the remaining studies to project financing and an eventual final investment decision as early as Q4/2026”.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
We are responsible manufacturers of essential components. Manufacturing 80 million parts a week, we have over 1 billion parts in stock.
VISIT SHOWROOM
REELIN is Currently the largest supplier of Bearings to Transnet. We have contracts to supply bearings, draft gears slackadjusters and other...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
