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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Gunnison Copper Corp T.GCU

Alternate Symbol(s):  EXMGF

Metals & Mining Industrial Metals & Minerals
Gunnison Copper Corp., formerly Excelsior Mining Corp., is a Canada-based mineral exploration and development company. 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 Gunnison Copper Project covers approximately 9,560 acres of land, and it is located in Arizona, United States. The Johnson Camp Mine operation includes two open pits, a fully functioning SX-EW plant capable of producing approximately 25 million pounds of cathode copper per year. The Strong and Harris copper-zinc-silver deposit is located around 1.3 miles (2.4 kilometers) north of Excelsior’s Johnson Camp SX-EW facility.


TSX:GCU - Post by User

Gunnison Copper Corp > Excelsior Mining Announces Option Agreement
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Post by Betteryear2on Jul 31, 2023 9:22am
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Post# 35564484

Excelsior Mining Announces Option Agreement

Excelsior Mining Announces Option AgreementPhoenix, Arizona--(Newsfile Corp. - July 31, 2023) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQB: EXMGF) ("Excelsior" or the "Company") is pleased to announce that it has entered into an Option Agreement (the "Agreement") with Nuton LLC, a Rio Tinto venture, to further evaluate the use of its Nuton™ copper heap leaching technologies at Excelsior's Johnson Camp mine in Cochise County, Arizona. Under the Agreement, Excelsior remains the operator and Nuton funds Excelsior's costs associated with a two-stage work program at Johnson Camp. Nuton will provide a US$3 million pre-payment to Excelsior for Stage 1 costs and a payment of US$2 million for an exclusive option to form a joint venture with Excelsior over the Johnson Camp Mine after the completion of Stage 2.

Excelsior Mining Announces Option Agreement with Nuton, a Rio Tinto Venture (newsfilecorp.com)
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