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The latest announcement is out from Excelsior Mining ( (TSE:GCU) ).
Gunnison Copper Corp. has commenced mineral processing at its Johnson Camp Mine in Arizona, with the first copper sales anticipated in September. This marks a significant milestone for the company, aligning with high copper prices and the demand for domestic copper production. The construction activities at the site are progressing as planned, with the completion of leach pads and infrastructure necessary for copper production. The company expects to produce finished copper cathode using conventional and Nuton technology by the end of the year, enhancing its market positioning and operational capabilities.
More about Excelsior Mining
Gunnison Copper Corp. is a multi-asset copper developer and producer operating in the Southern Arizona Copper Belt. The company controls the Cochise Mining District, which includes 12 known deposits within an 8 km economic radius. Its flagship asset, the Gunnison Copper Project, is being developed with open pit mining, heap leach, and SX/EW refinery to produce finished copper cathode on-site. The project has a robust economic assessment with a significant mineral resource. Gunnison’s Johnson Camp Asset is under construction with expected copper production in Q3 2025, funded by Nuton LLC, a Rio Tinto Venture.
Average Trading Volume: 389,828
Technical Sentiment Signal: Hold
Current Market Cap: C$88.14M
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