Gunnison Copper Corp. is pleased to announce that the high-value-add work programs have commenced at the Gunnison Copper Project in southeast Arizona, including mobilization of the drill rig later this week. All dollar amounts in this press release are in United States dollars. "The fully funded HVA programs are differentiating factors for the Project over our peers in Arizona," states Roland Goodgame, Gunnison SVP of [...]
Gunnison Copper Corp. announces that is has closed its previously announced non-brokered private placement for aggregate gross proceeds of C$5.15 million through the issuance of 17,170,916 units , with each Unit consisting of one common share and one-half of one common share purchase warrant at a price of C$0.30 per Unit. Each full Warrant shall entitle the holder thereof to acquire one additional common share at a price [...]
Gunnison Copper Corp. announces a non-brokered private placement consisting of a minimum of 6,666,700 and up to a maximum of 22,940,000 units , with each Unit consisting of one common share and one-half of one common share purchase warrant at a price of C$0.30 per Unit for aggregate gross proceeds of a minimum of C$2,000,010 and up to a maximum of C$6,882,000. Each full Warrant shall entitle the holder thereof to acquire [...]
Gunnison Copper Corp. is pleased to provide a construction update for the fully permitted Johnson Camp Mine , in southeast Arizona. Further to the last update where it was announced the mining fleet had been mobilized, and mining activities such as pre-stripping had begun , the Company is pleased to report JCM construction activities are progressing well and on track to produce cathode in Q3 2025. Mining of mineralized [...]
Gunnison Copper is pleased to announce it has agreed to a non-dilutive funding transaction with Nuton, a Rio Tinto Venture, for $3 million in proceeds to Gunnison to be used toward its costs related to a Nuton testing program at the Gunnison Project, as well as the execution of the Tax Partnership Agreement with an agreed-upon allocation of the potential future proceeds from Gunnison and Nuton's award of 48C tax credits [...]
Gunnison Copper Corp. and Rio Tinto venture Nuton LLC have been selected to receive US$13.9 million in tax credits under the Qualifying Advanced Energy Project Credit Program to expand production of Made in America copper, which is designated a Critical Material for Energy, from its Johnson Camp Mine in Southern Arizona. The competitive process for funding was managed by the U.S. Department of Energy as advisor to the [...]
Gunnison Copper Corp. is pleased to announce that it has filed a National Instrument 43-101 Technical Report dated effective November 1, 2024 on SEDAR at www.sedarplus.ca. The Report is with respect to the results of the Preliminary Economic Assessment on its 100%-owned Gunnison Project in the Cochise Mining District, Arizona. The Gunnison Project is presented as a conventional open pit and heap leach operation which will [...]
Gunnison Copper is pleased to provide a construction update for the fully permitted Johnson Camp Mine, with first copper production anticipated mid 2025. Further to the construction update from the press release dated August 8th, 2024, where it was announced construction of the new leach pad, including crushing of the over-liner material, had commenced the Company is pleased to report that the mining fleet has been [...]
Webinar Scheduled for November 15th at 12pm ET Gunnison Copper is pleased to announce the results of a Preliminary Economic Assessment on its 100%-owned Gunnison Project. The Gunnison Project is presented as a conventional open pit and heap leach operation which will produce finished copper cathode for domestic U.S. consumption. The Company will present at a webinar hosted by Adelaide Capital on Nov 15th at 12pm ET [...]
Excelsior Mining is pleased to announce it is completing a corporate name change to "Gunnison Copper Corp." with a new stock symbol "GCU" on the TSX. Effective market open on November 14th, 2024, the Company will begin trading under the new name and stock symbol. The Company's ISIN and CUSIP numbers will change to CA4028801088 and 402880108, respectively. No action will be required by existing shareholders with respect to [...]
Excelsior Mining Corp. is pleased to announce the proceedings brought by MM Fund in British Columbia and Ontario have been dismissed with prejudice. Excelsior and the plaintiff agreed to dismiss the proceedings on a no cost basis. ABOUT EXCELSIOR MINING Excelsior is a mineral exploration and development company that owns the Gunnison Copper Deposit, the Johnson Camp Mine, and a portfolio of exploration projects, including [...]
Excelsior Mining Corp. is pleased to announce that it has received all permits to commence operations at the Johnson Camp Mine in southeast Arizona, which will produce Made in America copper expected to be used domestically to strengthen American supply chains. First copper production is anticipated in H1 of 2025. Excelsior received the amended Mined Land Reclamation Plan approval from the State of Arizona. The MLRP [...]
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