Arizona Sonoran Copper Aims To Restart Cactus Mine May 2026

The company is currently executing its , focusing on operational readiness with a budget of approximately US$75 million.

Features an after-tax Net Present Value (NPV) of US$2.3 billion and an Internal Rate of Return (IRR) of 22.8% based on a copper price of $4.25/lb. Arizona Sonoran Copper aims to restart Cactus mine

Underpinned by approximately 5.3 billion pounds of copper mineral reserves. Restart Timeline and Milestones The company is currently executing its , focusing

Targeted output of 113,000 short tons of copper cathode annually for the first 10 years. Mine Life: Expected to operate for 22 years . Restart Timeline and Milestones Targeted output of 113,000

Target for the first sustainable cathode production . Strategic Advantages

Anticipated completion of the Definitive Feasibility Study (DFS) and receipt of major permit amendments (including Aquifer Protection and Industrial Air permits). Q4 2026: Target for a Final Investment Decision (FID) . 2027: Expected initiation of mine construction.