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Gunnison Copper Corp V.GCU


Primary Symbol: T.GCU Alternate Symbol(s):  GCUMF

Gunnison Copper Corp., formerly Excelsior Mining Corp., is a copper development company. The Company operates in Cochise County, Arizona, and is focused on delivering pure copper cathode into the United States domestic supply chain. The Company’s projects include Gunnison Copper Project, the Johnson Camp Mine, and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits, in Cochise County, Arizona. The Strong and Harris copper-zinc-silver deposit is located just 1.3 miles (2.4 kilometers) north of Gunnison Copper’s Johnson Camp SX-EW facility. The Gunnison Project which incorporates a large open pit of predominantly copper oxide mineralization approximately two kilometers south of Johnson Camp Mine (JCM). The Project is a copper cathode and is designed to produce around 167 million pounds of copper cathode annually.


TSX:GCU - Post by User

Bullboard Posts
Comment by scoutaz2003on Jan 24, 2011 2:31pm
280 Views
Post# 18018432

RE: Shallow Mining

RE: Shallow MiningThe results in the 2010 drilling program are stated at where the gold is found in the drill core, not how deep it is.

They have been slant drilling to get at the deposit under the lake.  So it takes a distance to get to the deposit. They also did not drill at a shallow angle to test the top of the resource.

The current drill program is in part to drill through the ice straight down to see where the deposit starts...once they hit the lake bed...  The hope is the deposit starts right at the bottom of the lake....so there would be no overburden.

That would be important for the pre-feasibility and feasibility studies.  It would make the project more profitable.
Bullboard Posts