Welcome to our dedicated page for Gunnison Copper news (Ticker: GCUMF), a resource for investors and traders seeking the latest updates and insights on Gunnison Copper stock.
Gunnison Copper Corp. reports developments tied to its Arizona copper asset base, including the 100%-owned Gunnison Copper Project in the Cochise Mining District and activity at the Johnson Camp Mine. Company updates commonly cover NI 43-101 technical reports, preliminary economic assessments, open-pit and heap leach SXEW development plans, copper cathode production, and the use of Nuton bioleaching technology at Johnson Camp.
Recurring news also includes balance-sheet actions, shareholder and board changes, leadership appointments, permitting and technical work, and participation in U.S. critical-minerals supply-chain initiatives. Gunnison describes itself as a multi-asset pure-play copper developer and producer controlling deposits in the Southern Arizona Copper Belt.
Gunnison Copper (OTCQB: GCUMF) announced a fully contracted, district-wide drilling program at the Gunnison Copper Project and Strong & Harris deposit in Arizona.
The plan includes up to 120 drill holes totaling ~138,000 feet, supporting PFS work, resource expansion, metallurgical optimization, and resource conversion, with an estimated direct cost of US$15 million and full results expected in 12–15 months.
Gunnison Copper (OTCQB: GCUMF) received approval under the Arizona Commerce Authority's Qualified Facility Tax Credit (QFTC) Program for its Arizona operations. This creates a non-dilutive, refundable tax credit funding source tied to capital investment and new full-time jobs.
The approval supports Gunnison Copper's strategy to manufacture copper cathode in Cochise County, align with U.S. critical mineral priorities, and strengthen domestic copper supply chains while pursuing long-term value for shareholders and regional communities.
Gunnison Copper (OTCQB: GCUMF) reported Q1 2026 revenue of US$20,104 thousand, net profit of US$1,666 thousand and EPS of US$0.004, on production of 2,106,583 lbs of copper cathode.
The company eliminated US$15 million in secured debt, announced a Rio Tinto–AWS collaboration, released a PEA for the Gunnison Project with an after-tax NPV8 of about US$2.0 billion and 23% IRR, and obtained a C$200 million base shelf prospectus for potential future securities offerings.
Gunnison Copper (OTCQB: GCUMF) promoted Craig Hallworth to President and CEO, effective May 15, 2026, as part of a planned leadership transition from long-time CEO Stephen Twyerould, who remains on the board.
The company strengthened its leadership in permitting, legal, investor relations, finance, metallurgy, and geology to advance the Gunnison Copper Project toward a targeted Pre-Feasibility Study completion in Q2 2028 and related permit amendments.
Gunnison Copper (OTCQB: GCUMF) reported that Lunasonde completed an airborne aGRT survey over portions of the Cochise Mining District to produce high-resolution subsurface images for drill-target generation. Data processing is underway and results will be integrated with existing datasets to prioritize targets for 2026 exploration.
The company also signed a buyback option with Triple Flag and Altius to reduce royalties and terminate an expansion option, exercisable as a package in connection with a qualifying change-of-control by March 31, 2028, for US$65 million.
Gunnison Copper (OTCQB: GCUMF) joined the U.S. Department of War Defense Industrial Base Consortium (DIBC) on April 16, 2026, to expand access to non-dilutive funding, strategic partnerships, and programs supporting domestic critical-minerals supply chains.
Gunnison highlights a 2025 Johnson Camp restart in under 18 months, a $13.9M Section 48C award, and its flagship project expected to produce up to 174 million pounds of copper annually.
Gunnison Copper (OTCQB: GCUMF) filed a 2026 PEA with an effective date of March 18, 2026 showing robust economics: after-tax NPV8 ≈ US$1.96B, IRR 22.5%, and 3.9-year payback at a base copper price of $4.60/lb.
The open-pit heap-leach SX/EW project projects average annual production of 174M lbs Cu (first 15 years), LOM recovered copper of 3.187 billion lbs, initial capital of $1,556M, 21-year life, and AISC of $2.05/lb.
Gunnison Copper (OTCQB: GCUMF) announced the retirement of director Michael Haworth effective March 11, 2026, following the distribution and secondary private placement of Greenstone-held shares as that fund winds down.
The move follows Greenstone Resources II's exit and has broadened Gunnison's institutional shareholder base; the company intends to add new independent directors to strengthen the board.
Gunnison Copper (OTCQB: GCUMF) released an updated NI 43-101 PEA for the 100%‑owned Gunnison Copper Project (Arizona) reporting an after‑tax NPV8 of $1,952M (~US$2.0B), a 22.7% IRR and a 3.9‑year payback at $4.60/lb copper. The plan targets 3.2 billion lbs recovered over a 21‑year mine life and average annual production of 174 million lbs in years 1–15.
Key economics: initial capex $1,544M, cash cost $1.69/lb, AISC $2.06/lb, cement coproduct adds $130M NPV, and the report includes inferred resources (preliminary assessment).
Gunnison Copper (OTCQB: GCUMF) announced that Greenstone Resources II LP and affiliated funds (the "Greenstone Group") has engaged Paradigm Capital to sell up to 143,208,937 common shares (33.88% ownership) via a best-efforts institutional offering.
Completion is subject to share purchase agreements and is expected on or by 17 February 2026. After the Offering, the Greenstone Group will hold no common shares.