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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

Post by Teatimenowon Feb 27, 2012 12:21pm
404 Views
Post# 19591681

haha

haha

okay: now i know why the numbers came in a little dissapointing. one should read all news very careful. 

sorry i was mistaken before. the reason is that: 

"modelling includes mineralized material generally ranging from 240-360 meters below surface."

i used depth of up to 490 meters in my calcs. because the mineralsation shown in may drill results are well below 400m.

ALL GOOD, they used a far to conservative model and there are 5million ounces. a pitty they did not publish two models, one conservative and one with a depth to 500meters and a higher gold price/lower cutoff

5-6million ounces are there...we will see them...some month down the road

 

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