Gunnison Copper Corp V.GCU

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

Metals & Mining Industrial Metals & Minerals

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.

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Gunnison Copper Corp > question for board

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Comment by Max_Valueon Mar 25, 2013 11:13am

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Post# 21163172

RE: question for board

Its always a trade off between strip ratio and ounces. Due to the fact that mining costs are pretty high (7,1$/tonne) the probably have chosen a pretty low strip ratio and have taken a loss in ounces.

Anyway, the numbers are not bad except that the mining costs are pretty high and recovery is not good as well.

Max

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