Arizona Sonoran Copper Company Inc. (ASCUF) is a copper exploration and development company focused on the assessment, consolidation, exploration, development, and production of base metal properties in southern Arizona's Santa Cruz Copper Mining District. The company holds 100% ownership of the Cactus Project, comprising Cactus East, Cactus West, and the adjacent Parks/Salyer Property on private land and state land lease in Pinal County; it targets re-development of the past-producing Cactus Mine through conventional open-pit mining, heap leach processing, and solvent extraction electrowinning (SXEW) operations to produce LME Grade A copper cathodes at an initial rate of 113,000 tons per annum over the first 10 years of a projected 22- to 31-year mine life, underpinned by a 5.3 billion-pound mineral reserve at 0.52% copper grade and multi-billion-pound resources including an updated 11 billion pounds of contained copper (75% leachable) across measured, indicated, and inferred categories. Incorporated in 2019 and headquartered in Toronto, Ontario, with a U.S. phone presence in Arizona, the company operates solely in the United States within the metals and mining sector, benefiting from Tier 1 jurisdiction advantages such as state- and county-led permitting, proximity to infrastructure including highways, rail, power grid, and water sources, and convergence of three major porphyry copper belts. Recent developments include the October 2025 Pre-Feasibility Study (PFS) for the Cactus Project, filed in November 2025, delivering after-tax NPV8 of US$2.3 billion, IRR of 22.8%, and 5.3-year payback at US$4.25/lb copper alongside life-of-mine free cash flow exceeding US$7 billion at US$3.90/lb; closure of a C$86.3 million bought-deal private placement in December 2025; a prior C$21.6 million strategic investment from Hudbay Minerals and Nuton in January 2025; and a September 2025 updated Cactus Mineral Resource Estimate confirming 11 billion pounds of contained copper.