Profile: Augusta Resource Corp (AZC.A)
14 Mar 2014
Augusta Resource Corporation (Augusta), incorporated on January 14, 1937, is engaged in the acquisition, exploration and development of natural mineral resource properties. As of December 31, 2011, the Company’s only material property is the Rosemont copper property located in Pima County, Arizona (the Rosemont Property). The Rosemont Property consists of approximately 17,500 acres of patented and unpatented claims. The Rosemont Property is primarily a copper mining project with appreciable amounts of molybdenum and silver by-products. Rosemont is being developed by Augusta. The property consists of 132 patented lode claims consisting of about 1969 acres and a contiguous package of 949 unpatented lode mining claims consisting of more than 12,000 acres, which surround the core of patented claims. There are also 10 blocks of fee land associated with the property, consisting of a number of individual parcels that enclose an additional 911 acres (369 hectares).
The area covered by patented claims, unpatented claims and fee land totals approximately 15,000 acres (6,070 hectares), and is situated within the historic Helvetia Mining District on the northwestern flank of the Santa Rita Mountain Range and the Rosemont Mining District on the northeastern flank of the Santa Rita Mountain Range. The Rosemont copper-molybdenum-silver deposit is located in Pima County, Arizona, United States of America on the northeastern flank of the Santa Rita Mountains approximately 30 miles southeast of the city of Tucson Arizona.
Augusta Resource Corp
#555, 999 Canada Place
VANCOUVER BC V6C 3E1
Company Web Links
- BRIEF-HudBay CEO says no reason to sweeten its bid for Augusta -INTERVIEW
- Deals of the day- Mergers and acquisitions
- Augusta rejects Hudbay offer, says it has investor backing
- UPDATE 2-Augusta rejects Hudbay offer, says it has investor backing
- Augusta asks shareholders to reject HudBay's buyout offer