
In 2010, Curis acquired a 100% interest in the Florence Copper project - an advanced-stage ISCR project in central Arizona. Located midway between Phoenix and Tucson near the community of Florence AZ, the company's land holdings total 1,342-acres including 1,182 acres of patented claims and 160 acres of state mineral leases.
Extensive geological, engineering and pilot ISCR testwork undertaken by previous owners indicate that the Florence project has the potential to be a near-term, low-cost copper producer. Road, rail, power and water infrastructure is all located either on or in close proximity to the property, which also features on-site administration offices and certain facilities for ISCR production.
Curis believes there are a number of opportunities to enhance operational performance and production efficiencies at Florence Copper. Robust economics for Florence Copper have been confirmed by a Prefeasibility Study (PFS) completed in February 2013.