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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

Comment by Geospoton Jan 11, 2013 12:46am
259 Views
Post# 20824110

RE: PEA

RE: PEA

Booyaaca, where do you get your information that the PEA was scheduled for Q1 has been pushed back to 2nd half of 2013? Even the November update states: Work has now advanced towards the completion of the first Preliminary Economic Assessment (PEA) scheduled for Q1/Q2 2013. And on Wednesday Troy reiterated the same Q1/Q2 timeframe at the conference in New York. You can find his presentation on the homepage and you can see the Q1/Q2 clearly referenced in his slide. What you should really listen to in that recording as siginificant is the discussion of not only the cut-off grades regarding the PEA but also the offsets from the silver and the lack of infill drilling needed to go from PEA to prefease -- he is, in my opinion, saying that the work already done to bring inferred ounces into indicated is essentially money and time in the bank.

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