Vancouver, British Columbia, October 15, 2025 – TheNewswire - Arizona Gold & Silver Inc. (TSXV: AZS)  (OTCQB:AZASF) is very pleased announce positive column leach test progress from bulk samples at the Philadelphia Project. New data clearly demonstrate the benefit of HPGR crushing on near surface stockwork gold zone and the amenability of this material to heap leach extraction of gold and silver. Separately, the core drill is resuming drilling. The new hole is to test 60 metres to the north of the high-gra ...

Summary of Arizona Sonoran Copper Company Conference Call Company Overview - **Company**: Arizona Sonoran Copper Company - **Industry**: Copper Mining - **Location**: Arizona, USA - **Market Cap**: Approximately USD 350 million Key Points Project Details - The company is focused on producing copper cathode for the U.S. industry from a former producing mine in Arizona, which is classified as a Tier one jurisdiction [5][6] - A Preliminary Economic Assessment (PEA) indicated an after-tax Net Present Value (NPV) of USD 2 billion and an Internal Rate of Return (IRR) of 24% [6] - The company is advancing towards a Pre-Feasibility Study (PFS) and aims to replicate the PEA results [6][7] Resource and Land Acquisition - Current copper resource exceeds GBP 11 billion, with plans to increase indicated resources significantly [10][12] - The company has expanded its land holdings from 4,000 acres to nearly 8,000 acres, ensuring sufficient land for at least 30 years of mining [11][12] - Recent land acquisition involved a payment structure totaling USD 100 million, with an initial cash payment of USD 2 million and shares [13][14] Permitting and Community Engagement - The permitting process is advanced due to the project being on private land, with no federal nexus [7][14] - A community perception survey showed an increase in favorable ratings for the mine's return to production from 83% to 87% [15][16] - The company has a strong social license, rooted in the community's historical connection to mining [16] Financial and Market Position - The company has engaged with 15 potential financiers for project financing, aiming to narrow this down to 5 or 6 by Christmas [18][19] - The project financing is expected to conclude by Q3 2026, with a Final Investment Decision (FID) anticipated in Q4 2026 [19][20] - The stock has increased over 70% in the past 7-8 months, with a strategic investment from Hudbay [22][24] Future Outlook - The company expects to produce over 100,000 tonnes of copper cathode in the first 20 years of operation, positioning it as the fifth largest copper mine in the U.S. [21] - Analysts project a potential doubling of the stock price if the PFS reflects the PEA results, with current valuations at 0.3 times price to NAV [25][26] - The company has a tight share capital structure with 179 million shares issued and approximately USD 50 million in the bank, fully funded through to FID in 2026 [26][27] Infrastructure and Environmental Considerations - The project benefits from significant existing infrastructure, minimizing capital expenditures [28] - The site is located in a desert environment with no endangered species, facilitating easier permitting [30] Additional Insights - The company is exploring additional areas on the property that have shown promising drilling results in the past [29][30] - The simplicity of the open-pit mining method aligns with industry practices in Arizona, where 90% of copper is mined this way [30]