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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

Comment by Richiechileon Feb 19, 2021 7:06pm
173 Views
Post# 32616575

RE:RE:Onwards and Upwards

RE:RE:Onwards and UpwardsThe main copper mineral at both Florence and Gunnison is chysocolla. There is no difference in the copper mineralogy. Copper is found on surface fractures in both deposits. Both deposits are highly fractured. Gunnison is classified as a skarn (higher acid) and Florence a porphyry. The hydrology at Gunnison is a single aquifer (simple) but Florence has different aquifers. The geometallurgy of both deposits and hydraulic conductivity are very similar. The length of time for announcements at Florence is a very relevant proxy I.e. don't expect this to be quick which is OK when you finance Excelsior with a stream and not debt. Once producing the wells will leach for 4 to 6 years and print money. Give it more time
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