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Gunnison Copper Corp 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
Post by CuJunioron May 12, 2016 11:03pm
150 Views
Post# 24868722

Excelsior Fully Integrates Johnson Camp Production Facility

Excelsior Fully Integrates Johnson Camp Production FacilityPer the news release:
"The current capacity at JCM is 25 million pounds of copper cathode per annum; however, management believes that the ability to expand the plant to 40 million pounds per annum is achievable, and could be accomplished for very limited capital."

This is really great news.  40 millions lbs is a lot!  This eases the pressure to expand to 75 million lbs then 125 million lbs of production.  This gives management the flexibility to hold off future expansion for economic reasons such as capital not being available or low copper prices.  As we all know, flexibility is good.


Bullboard Posts