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Sonoran Desert Copper Slashes Costs on Cuatro Hermanos Project

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Sonoran Desert Copper Slashes Costs on Cuatro Hermanos Project

Prime Meridian Resources (TSE:SDCU) has released an update.

Sonoran Desert Copper Corporation has amended the terms of its option to purchase the Cuatro Hermanos Porphyry Copper Project in Sonora, Mexico, resulting in reduced payments and expenditures through 2027. The updated agreement significantly lowers the company’s financial obligations, including a decrease in required capital expenditures for the next few years, which may appeal to investors looking for cost-conscious mining ventures.

For further insights into TSE:SDCU stock, check out TipRanks’ Stock Analysis page.

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