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Gunnison Copper Corp

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Gunnison exists to develop and operate copper mines in Southern Arizona to produce fully Made in America finished copper cathode to directly supply American energy, defense, and manufacturing supply chains.

Investor website: https://www.gunnisoncopper.com/

About

Gunnison exists to develop and operate copper mines in Southern Arizona to produce fully Made in America finished copper cathode to directly supply American energy, defense, and manufacturing supply chains. Gunnison proudly hires locally, purchases locally, and sells its products locally. Gunnison invests in its employees, their families, and the communities around it. Gunnison operates safely and responsibly with a focus on technology and positive societal impact, while also emphasizing long-term value creation for stakeholders.

Verified company data

Cash position
$33.7M
Shares outstanding
505.5M
Fully diluted shares
601.1M
Mineral resource
The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Projects
["### GUNNISON PROJECT\n\nThe Gunnison Project is located about 65 miles east of Tucson, Arizona on the southeastern flank of the Little Dragoon Mountains in the Cochise Mining District. The property is within the copper porphyry belt of Arizona.\n\nThe Gunnison Project hosts the Gunnison deposit and contains copper oxide and sulfide mineralization in potentially economic concentrations.\n\nThe PEA outlines an open pit heap leach and SX/EW operation extending over 21 years and producing LME Grade A copper cathodes directly onsite.\n\n[Gunnison Project NI-43101 Technical Report](https://www.gunnisoncopper.com/images/pdf/Presentation/2026/M3-PN210313.007-Gunnison_OP_HV_PEA_2025_Rev_0.pdf)\n\n### PROJECT HIGHLIGHTS\n\n- Private and State land package and 100% ownership in Tier 1 jurisdiction\n- Onsite power, rail and water in place\n- Simple open pit heap-leach and SXEW operation\n- Permitting framework is simple and streamlined with the State\n\n### NEXT STEPS\n\n- Metallurgy and infill drilling\n- Pre-Feasibility Study\n- Definitive Feasibility Study\n- Construction Decision\n\n### Highlights of the PEA (United States dollars)\n\n- **The Gunnison Project, a fully vertically integrated operation producing finished copper cathode on-site in Arizona for domestic U.S. supply chains, has an after-tax net present value (8%) of ~$2 billion and an internal rate of return (IRR) of 22.5% at a long-term copper price of $4.60/lb**\n- One of the most substantial open pit copper projects in the United States. The straightforward mine plan consists primarily of oxide copper mineralized material with a life of mine total processed of **541 million tons at 0.43% total copper grade, including 25 million tons at 0.85% total copper grade from the Strong & Harris satellite deposit**\n- Simplified and lower risk path to permitting; the Gunnison Project has current operating permits and there is a more streamlined amendment process to State and Local permits to proceed with open pit mining\n- Significant economic impact to Cochise County, State of Arizona, and the United States nationally through creation of over 112,744 job years, $558 million in state and local county taxes, $1.43 billion in federal taxes, and $21.9 billion in total economic output\n- Average annual copper cathode production of 174 million pounds (“lbs”) (87 thousand tons) for the first 15 years; enough to potentially supply over 11% of the current United States domestic refined copper metal production from mineralized material1. Total copper produced 3.2 billion lbs over a 21 year mine life\n- **Cash costs of $1.70, Sustaining Cash Costs of $2.00, and All-In Sustaining Cash Costs of $2.05** per pound of copper produced are in the lower half of the cost curve for copper mines globally\n\nEnvironmental advantages include lower water usage per pound of copper produced versus copper concentrate producers, up to 10% reduced energy consumption due to on-site clean energy production, and zero risk of environmental impacts from tailings dam failures as there are no tailings produced.\n\n![20160425_1105571.jpg](https://www.gunnisoncopper.com/images/20160425_1105571.jpg)\n\n## Johnson Camp Mine (JCM)\n\n**Gunnison, with Nuton LLC, a Rio Tinto venture** is now producing copper cathode from run-of-mine (ROM) ore, with first copper production using Nuton technologies expected later this year.\n\n**The Stage 2 work program** is anticipated to take up to five years and mining is expected to commence in year one with first copper produced from Nuton technology in 2025.\n\nThe completion of all milestones would result in full scale commercial production of Nuton copper over several years at Johnson Camp. Revenue from operations will first be used to pay back Stage 2 costs to Nuton and will then be credited to Gunnison's account after fulfillment of Gunnison's applicable royalty and stream obligations.\n\n**After the completion of Stage 2,** Nuton will have the right to form a joint venture on Johnson Camp per mutually agreeable terms whereby Nuton will hold an initial 49% and Gunnison an initial 51% interest."]
Leadership
Fred DuVal (Chairman of the Board, Currently a consultant to many American businesses and a member of Dentons Law. Formerly the Democratic nominee for Governor of Arizona and Chief of Protocol of the United States.), Stephen Twyerould, Ph.D. (Director, Over 35 years of experience in the mining industry with a focus on copper, gold, and nickel. Holds a doctorate in Geology and Geochemistry from the University of Oregon.), Jason Howe (Director, Seasoned mining executive with over 20 years of experience in corporate development and finance. Co-founder of Capstone Mining Corp.), Joseph Gallucci, MBA, ICD.D (Director, Capital markets executive with over 20 years of experience in investment banking and equity research. Currently Managing Director at Ventum Financial.), Brian Penney (Director, Experienced mining executive and current CEO of Tacora Resources, with expertise in project development and operations.), Craig Hallworth, CPA, CFA (Director, Over 20 years of experience in leadership roles, previously SVP & CFO of Gunnison Copper and former CFO at Hudbay.)

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