Sonoran Desert Copper Corp. announces that further to its News Release of November 21, 2023, and in response to the continuing weakness in the junior resource sector, the Company will be reducing the price and increasing the amount of its private placement financing. Previously, the Company was offering up to 2,500,000 Units priced at $0.20, for aggregate gross proceeds of up to $500,000. The updated financing will now [...]
Assays up to 16.25 Percent Copper News Release Highlights: The Company has completed a comprehensive sampling program at the Cuatro Hermanos Porphyry Copper Project, highlighted with assays returning up to 16.25% Copper. 82 rock samples were collected across the 4H Project focused on areas that have received minimal historical attention. 20 samples in the south conglomerate zone averaged Cu grades of 1.736% [...]
Sonoran Desert Copper Corp. is pleased to announce that the Cuatro Hermanos Project, NI 43-101 Technical Report produced by Mineoro Explorations LLC has been filed on SEDAR+. Mineoro makes the following conclusions in the Cuatro Hermanos Project, NI 43-101 Technical Report: The Cuatro Hermanos Project is properly characterized as a Porphyry Cu-Mo Deposit. Mineralization is associated to a porphyry intrusive complex [...]
Sonoran Desert Copper Corp. announces that further to the October 31, 2023 news release, the Company will consolidate its issued and outstanding shares on a ratio of one post-consolidation share for 4 pre-consolidation shares . Effective at the open of markets on or about November 14, 2023, the shares of the Company will trade on a post-consolidation basis under the new CUSIP 83569N207 . The Company currently has [...]
Sonoran Desert Copper Corp. is pleased to announce that further, to its February 9, 2023 and September 6, 2023 news releases, the TSX Venture Exchange has approved the Exploration Right Assignment Agreement with Definitive Rights Assignment Option between the Company and Minerales Y Yacimientos Mexicanos Sacaramento, S.A. de C.V. The Company will provide an overview news release on the new NI 43-101 Technical Report for [...]
Sonoran Desert Copper Corp. announces that, subject to regulatory approval, it has retained Red Cloud Securities to provide market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Red Cloud is a Toronto-based financial services company that provides assistance to mineral exploration and mining companies in accessing capital markets [...]
Sonoran Desert Copper Corp. announces the closing of the Company's $0.05 Unit Private Placement Financing. CLOSING $0.05 UNIT PRIVATE PLACEMENT FINANCING Further to its May 17, 2023 news release, the Company has filed documents with the TSX Venture Exchange seeking final approval to close its non-brokered private placement offering for aggregate gross proceeds of $818,500. Subject to Exchange approval, the Company will [...]
Sonoran Desert Copper Corp. is pleased to announce the Company's plans for an exploration program on its Red Lake Projects to follow up on historical LCT pegmatite occurrences. The Camping Lake and Bluffy Lake Projects straddle the boundary between the volcanic-dominated Uchi subprovince to the north and the metasedimentary-dominated English River subprovince to the south. Recent exploration has resulted in success for [...]
Prime Meridian Resources Corp. is pleased to announce that today the Company received the signed and notarized agreement for the option to purchase a 100-per-cent interest in the Cuatro Hermanos Porphyry Copper Project , located in Sonora, Mexico, 185 kilometres southeast of Hermosillo. 4H Project Overview: 10 concessions totalling 8,125 hectares which contains a large porphyry copper-molybdenum system with surface [...]
Prime Meridian Resources Corp. is pleased to announce that the Company has executed two letters of intent dated November 26th for the option to purchase up to a 100-per-cent interest in the 3,792-hectare El Chuin Copper Project , located in Sonora, Mexico, 65 kilometres southeast of the La Caridad Copper Molybdenum Porphyry Deposit and 269 kilometres northeast of Hermosillo. Brian Leeners, CEO of Prime Meridian, stated [...]
News Highlights: Prime Meridian signs LOI on the La Sarita Copper-Silver Project, in Sonora, Mexico La Sarita encompasses historical underground copper / silver workings dating back to the late 1800's, including the Puerta Verde 2 Mine Recent, limited check sampling at La Sarita returned up to 3.8% copper over 1 metre and 774.9 g/t Ag over 1.7 metres in channel samples with other historical samples returning up to 6.83 [...]
Prime Meridian Resources Corp. is pleased to announce a non-brokered private placement financing for aggregate gross proceeds of up to $1,000,000. The financing will consist of up to twenty million units at 5 cents, each unit consisting of one common share of the company and one common share purchase warrant with each warrant being exercisable for an additional common share at an exercise price of 10 cents for 36 months [...]