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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 LittleChampionon Aug 13, 2019 9:29am
155 Views
Post# 30021349

Excellent News Today - Almost ready for copper production

Excellent News Today - Almost ready for copper production

Phoenix, Arizona--(Newsfile Corp. - August 13, 2019) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) ("Excelsior" or the "Company") confirms the first delivery of acid to the Gunnison Copper Project in southern Arizona. Excelsior remains on-schedule for first copper production in Q4 2019.

In July, Excelsior completed the construction of three new acid storage tanks and a new acid unloading facility. The new acid storage tanks have capacity for 7500 tons of sulphuric acid, providing for excess operational and purchasing flexibility. Acid deliveries commenced on August 12th and will continue on a regular basis until the tanks are full and throughout operations.

Roland Goodgame, COO, commented by saying, "The new acid deliveries are on schedule and continue to demonstrate our progress towards operations later this year. The pure sulfuric acid in these tanks is diluted down to a weak sulfuric acid mining solution via the new acid handling and delivery system. This weaker acid solution is used in the wellfield operations to leach the copper from the naturally fractured rocks below ground."


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