Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) today announced that it received a Mining Land Reclamation Permit (“MLRP”) for Cactus from the Arizona Mine Inspectorate’s Office. announced the receipt. Mining project following company filing in December 2022. The MLRP is the primary financial guarantee document that requires the operator to guarantee the full rehabilitation of the asset after mining operations are completed.

Travis Snider, ASCU’s Vice President of Sustainability and External Relations, commented: He is thrilled to have received his MLRP within three and a half months. This reflects the accountability and professionalism of the Arizona Department of Mines Inspection. Along with other state and county agencies, these timely approvals continue to give confidence in our efforts to redevelop the Sakaton Mine into the Cactus Project. All of these agencies have contributed to our success. ”

The MLRP is a state-level permitting process that controls mining sites and ensures that actions are taken to achieve stability and safety consistent with post-mining land use goals specified in landfill plans. Changes to the site operations plan, such as those defined in the operations pre-feasibility study, may require modifications to the MLRP.

The current main permissions I have on hand are:

• Aquifer Conservation Permit and Stormwater Pollution Control Permit issued by the Arizona Department of Environmental Quality.

• Water rights administered by the Arizona Department of Water Resources.

• Dust Control Permit issued by Pinal County Air Quality Authority.and

• Approval of the General Plan and Zoning Amendments by the City of Casa Grande.

The Industrial Air Permit is currently being reviewed by the Pinal County Air Quality Authority and is the only major permit remaining before the additional construction and development permits required to carry out the Cactus Project.

Neither TSX nor any regulatory agency has endorsed or disproved the information contained in this press release.

About Arizona Sonoran Copper Company (www.arizonasonoran.com | | www.cactusmine.com)

ASCU’s objective is to become a medium-sized copper producer with low operating costs and a Cactus and To develop the Parks/Salyer project. Our primary asset is his 100% interest in the Cactus Project (formerly ASARCO, Sakaton Mine) on private land in an infrastructure rich area of ​​Arizona. Adjacent to the Cactus Project is the Parkes/Sarria deposit, which is 100% owned by the company, with the potential for gradual expansion once the Cactus mine becomes a production asset. The company is led by an executive management team and board with a long track record of successful projects in North America, complemented by global capital markets expertise.

Forward-Looking Statements

Forward-looking statements involve known and unknown risks, uncertainties and other factors and ASCU’s actual results, performance or achievements may not be expressed or implied by the forward-looking statements. Future results, performance or achievements may differ materially. Factors that can affect the results include, among others: Future prices and supply of metals. Consequences of excavation; failure to raise the necessary funds to cover the expenses necessary to hold and advance the property; environmental responsibility (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; mining accidents, industrial disputes and other risks; Political instability, terrorism, rebellion or war. or delays in obtaining governmental approvals, projected cash operating costs, failure to obtain regulatory or shareholder approvals.

Although ASCU has attempted to identify important factors that could cause its actual actions, events or results to differ materially from those set forth in the forward-looking statements, ASCU does not anticipate actions, events or results. , estimated, or there may be other factors that cause it to differ from that intended. The forward-looking statements contained herein are made as of the date of this news release and ASCU may not make forward-looking statements as a result of new information, future events, results or otherwise. shall not be obliged to update the law.

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