“With this permit now in hand, we have received all major permits as it relates to the Cactus project,” said Travis Snider, vice president, sustainability and external relations for ASCU. “We have listened to the community, demonstrated our plans to recycle and reuse water from an industrial aquifer, and have established a mine plan which would respect the surrounding community. We are dedicated to the responsible redevelopment of our past-producing copper project situated on private land.”

While the Company advances work programs to complete the Cactus and Parks/Salyer Pre-Feasibility Study (PFS), including site characterization, engineering and other activities required to reach a construction decision, from a permitting perspective, portions of the project are now considered shovel ready. Based on the PFS characterizations, required amendments to include Parks/Salyer will be made, as well as minor construction related permits, not yet applied for.