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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
Comment by CopperWaveon Mar 26, 2020 10:47am
197 Views
Post# 30849099

RE:RE:RE:News

RE:RE:RE:NewsYes I thought it was ridiculous to close down operations if they were the only mining company to do so, since Arizona did not go into lock down. However as of yesterday I pointed out OVER 100 other major mining operations have been suspended. Therefore this is a move of the INDUSTRY and not the MIN itself. They do not have a choice, so it's best to preserve cash flow than to risk starting up the mine only to have a costly cancellation mid-way. The good news is that the enhancements were done on time allowing them to suspend at the same time as other mining operations.
Bullboard Posts