Gunnison Copper Corp 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 > Feedback appreciated on this calculation.

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Post by ArizonaBillyon Jan 07, 2021 10:58am

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Post# 32241825

Feedback appreciated on this calculation.

Are my calculations reasonable?

25,000,000 pounds per year.

80 pounds per cathode sheet. (I believe that's what each sheet weighs.)

Works out to 312,500 sheets per year or 26,000 per month.

868 sheets per day (30 days) and 36 sheets produced per hour (24 hour operations).

868 times 80 pounds per sheet is 69,400 pounds per day. At $3.50 per pound (currently) that’s about $242,000 in daily gross revenue.

Sound about right? The big questions are how many pounds are being produced per day now and how quickly will MIN be able to get to the 25 million?

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