Gunnison Copper Announces Closing of Private Placement of Units
Phoenix, Arizona--(Newsfile Corp. - April 7, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") announces that is has closed its previously announced non-brokered private placement (the "Offering") for aggregate gross proceeds of C$5.15 million through the issuance of 17,170,916 units (the "Units"), with each Unit consisting of one common share and one-half of one common share purchase warrant (each full common share purchase warrant, a...
2025-04-07 4:00 PM EDT
Gunnison Copper Announces Listed Issuer Financing Exemption (LIFE) Private Placement of Units
Phoenix, Arizona--(Newsfile Corp. - March 26, 2025) - Gunnison Copper Corp. (TSX: GCU) (FSE: 3XS) ("Gunnison" or the "Company") announces a non-brokered private placement (the "Offering") consisting of a minimum of 6,666,700 and up to a maximum of 22,940,000 units (the "Units"), with each Unit consisting of one common share and one-half of one common share purchase warrant (each full common share purchase warrant, a "Warrant") at a price of C$0.30 per Unit for aggregate gross proceeds of a...
2025-03-26 8:00 AM EDT
Gunnison Copper Provides a Construction Update for the Johnson Camp Mine in Southeast Arizona
Phoenix, Arizona--(Newsfile Corp. - March 21, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS) ("Gunnison" or the "Company") is pleased to provide a construction update for the fully permitted Johnson Camp Mine ("JCM"), in southeast Arizona. Further to the last update where it was announced the mining fleet had been mobilized, and mining activities such as pre-stripping had begun (see Gunnison news release dated December 16th), the Company is pleased to report JCM...
2025-03-21 7:00 AM EDT
Gunnison Copper Announces Comprehensive Financial Transaction, Including $3 million in Non-Dilutive Funding from Nuton, a Rio Tinto Venture for Nuton Stage 1 Viability Testing at the Gunnison Project
Phoenix, Arizona--(Newsfile Corp. - March 3, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison") is pleased to announce it has agreed to a non-dilutive funding transaction (the "Nuton Transaction") with Nuton, LLC ("Nuton"), a Rio Tinto Venture, for $3 million in proceeds to Gunnison to be used toward its costs related to a Nuton testing program at the Gunnison Project, as well as the execution of the Tax Partnership Agreement with an agreed-upon allocation of the...
2025-03-03 7:00 AM EST
Gunnison Copper and Nuton, a Rio Tinto Venture, to Receive US$13.9 Million in Tax Credits to Expand Made in America Copper Production at Johnson Camp
Phoenix, Arizona--(Newsfile Corp. - January 16, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS) ("Gunnison") and Rio Tinto venture Nuton LLC have been selected to receive US$13.9 million in tax credits (the "48C tax credit") under the Qualifying Advanced Energy Project Credit Program (the "48C program") to expand production of Made in America copper, which is designated a Critical Material for Energy, from its Johnson Camp Mine in Southern Arizona. The competitive process...
2025-01-16 7:00 AM EST
Gunnison Copper Files Technical Report for Preliminary Economic Assessment of Open Pit Mining at its Flagship Gunnison Project in Arizona's Copper Belt
Phoenix, Arizona--(Newsfile Corp. - December 19, 2024) - Gunnison Copper Corp. (TSX: GCU) (FSE: 3XS) (OTCQB: GCUMF) ("GCC" or the "Company") is pleased to announce that it has filed a National Instrument ("NI") 43-101 Technical Report dated effective November 1, 2024 (the "Report") on SEDAR at www.sedarplus.ca. The Report is with respect to the results of the Preliminary Economic Assessment ("PEA") on its 100%-owned Gunnison Project in the Cochise Mining District, Arizona. The Gunnison...
2024-12-19 3:11 PM EST
Gunnison Copper Mobilizes Mining Fleet at the Johnson Camp Mine in SE Arizona
Phoenix, Arizona--(Newsfile Corp. - December 16, 2024) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS) ("Gunnison" or the "Company") is pleased to provide a construction update for the fully permitted Johnson Camp Mine ("JCM"), in southeast Arizona, with first copper production anticipated mid 2025. Further to the construction update from the press release dated August 8th, 2024, where it was announced construction of the new leach pad, including crushing of the over-liner...
2024-12-16 7:00 AM EST
Gunnison Copper Announces Preliminary Economic Assessment of Open Pit Mining at its Flagship Gunnison Project in Arizona's Copper Belt
Phoenix, Arizona--(Newsfile Corp. - November 14, 2024) - Gunnison Copper Corp. (TSX: GCU) (FSE: 3XS) (OTCQB: EXMGF) ("GCC" or the "Company") is pleased to announce the results of a Preliminary Economic Assessment ("PEA") on its 100%-owned Gunnison Project in the Cochise Mining District, Arizona. The Gunnison Project is presented as a conventional open pit and heap leach operation which will produce finished copper cathode for domestic U.S. consumption. All dollar amounts are in US dollars and...
2024-11-14 7:00 AM EST
Excelsior Mining Announces Name Change to Gunnison Copper
Phoenix, Arizona--(Newsfile Corp. - November 12, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) is pleased to announce it is completing a corporate name change to "Gunnison Copper Corp." ("Gunnison" or the "Company") with a new stock symbol "GCU" on the TSX. Effective market open on November 14th, 2024, the Company will begin trading under the new name and stock symbol. The Company's ISIN and CUSIP numbers will change to CA4028801088 and 402880108, respectively. No action...
2024-11-12 7:00 AM EST
Excelsior Mining Announces Dismissal of Purported Class Action Lawsuit
Phoenix, Arizona--(Newsfile Corp. - October 29, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) ("Excelsior" or the "Company") is pleased to announce the proceedings brought by MM Fund (as plaintiff) in British Columbia and Ontario have been dismissed with prejudice. Excelsior and the plaintiff agreed to dismiss the proceedings on a no cost basis. ABOUT EXCELSIOR MINING Excelsior is a mineral exploration and development company that owns the Gunnison Copper Deposit, the...
2024-10-29 7:00 AM EDT
Excelsior Mining Receives Final Permit Required to Restart the Johnson Camp Mine
Phoenix, Arizona--(Newsfile Corp. - October 21, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) ("Excelsior" or the "Company") is pleased to announce that it has received all permits to commence operations at the Johnson Camp Mine ("JCM") in southeast Arizona, which will produce Made in America copper expected to be used domestically to strengthen American supply chains. First copper production is anticipated in H1 of 2025. Excelsior received the amended Mined Land...
2024-10-21 7:00 AM EDT
Excelsior Mining Signs Letter of Intent with Cochise College for Local Workforce Development Partnership
Phoenix, Arizona--(Newsfile Corp. - October 10, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) ("Excelsior" or the "Company") is pleased to announce that it has entered into a letter of intent (LOI) for a Workforce Development Agreement with Cochise College for a local workforce development partnership for its under-construction Johnson Camp Mine (JCM) and future development Gunnison Copper project in Cochise County, Arizona. "We believe this collaboration holds great...
2024-10-10 7:00 AM EDT
Excelsior Mining Provides Update on Johnson Camp Mine Construction in SE Arizona
Phoenix, Arizona--(Newsfile Corp. - August 8, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) ("Excelsior" or the "Company") is pleased to announce that construction has commenced at the Johnson Camp Mine ("JCM"), in southeast Arizona, with first copper production anticipated in H1 of 2025. Following the decision by Nuton LLC ("Nuton"), a Rio Tinto venture to proceed to Stage 2 of a process to restart the JCM mine using Nuton™ copper heap leaching technologies (see...
2024-08-08 7:00 AM EDT
Excelsior Mining Announces Hudbay Executive Craig Hallworth to Become Chief Financial Officer
Phoenix, Arizona--(Newsfile Corp. - August 1, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) ("Excelsior" or the "Company") is pleased to announce the appointment of Mr. Craig Hallworth as Chief Financial Officer ("CFO") effective September 3, 2024. Mr. Hallworth is currently the Chief Financial Officer, Arizona Business Unit at Hudbay Minerals where he has held various finance leadership roles over the past 13 years. Recently, he led the development and optimization of...
2024-08-01 7:00 AM EDT
Excelsior Mining Announces AGM Results
Phoenix, Arizona--(Newsfile Corp. - June 21, 2024) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) ("Excelsior" or the "Company") reports that the nominees listed in the management information circular for the 2024 Annual General and Special Meeting of shareholders were elected as directors of Excelsior. Detailed results of the vote for the election of directors held at the Annual General and Special Meeting on June 20, 2024 in Vancouver, B.C., are set out below:
2024-06-21 7:30 AM EDT
Excelsior Mining Announces Receipt of US$5 Million Payment Under Terms of Option Agreement with Nuton, a Rio Tinto Venture
Phoenix, Arizona--(Newsfile Corp. - May 23, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) ("Excelsior" or the "Company") is pleased to announce that it has received the US$5 million infrastructure access payment from Nuton LLC ("Nuton"), a Rio Tinto venture. This payment was provided as a result of Nuton electing to proceed to Stage 2 of the existing Option Agreement (the "Agreement") (see Excelsior press release dated May 15, 2024). The purpose of the Agreement is for...
2024-05-23 7:30 AM EDT
Excelsior Mining Announces Option Agreement with Nuton, a Rio Tinto Venture Proceeds to Stage 2
Phoenix, Arizona--(Newsfile Corp. - May 15, 2024) - Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) ("Excelsior" or the "Company") is pleased to announce that Nuton LLC ("Nuton"), a Rio Tinto venture has elected to proceed to Stage 2 of the existing Option Agreement (the "Agreement") (see Excelsior press release dated July 31, 2023). The purpose of the Agreement is for Nuton to evaluate the use of its Nuton™ copper heap leaching technologies at Excelsior's Johnson Camp mine in...
2024-05-15 7:00 AM EDT
Excelsior Mining Announces Closing of US$5,500,000 Financing
Phoenix, Arizona--(Newsfile Corp. - December 14, 2023) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQB: EXMGF) ("Excelsior" or the "Company") is pleased to announce that it and its wholly-owned subsidiary Excelsior Mining Arizona, Inc. ("Excelsior Arizona") have closed a $5.5 million financing (the "Financing") with Greenstone Excelsior Holdings LP ("Greenstone") and Triple Flag USA Royalties Ltd. ("Triple Flag"). The closing of the Financing was a condition subsequent to the previously...
2023-12-14 4:00 PM EST
Excelsior Mining Announces Extension of Nebari Loan and US$5,500,000 Financing
Phoenix, Arizona--(Newsfile Corp. - November 30, 2023) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQB: EXMGF) ("Excelsior" or the "Company") is pleased to announce that it and its wholly-owned subsidiary Excelsior Mining Arizona, Inc. ("Excelsior Arizona") has agreed with Nebari Natural Resources Credit Fund I LP ("Nebari") to extend the maturity date of its existing $15 million credit facility to June 30, 2026. In addition, the Company has entered into agreements for a $5.5 million fin
2023-11-30 4:19 PM EST
Excelsior Mining Provides Update on Mining Activities at Gunnison and JCM Copper Projects
Phoenix, Arizona--(Newsfile Corp. - October 23, 2023) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQB: EXMGF) ("Excelsior" or the "Company") is pleased to provide an update on the mining camp encompassed by the Gunnison Copper Project (Gunnison), the Johnson Camp Copper Mine (JCM) and Strong and Harris, located in Cochise County, southeastern Arizona. Nuton — JCM Update In addition to the favorable drilling results which were previously announced on September 14, 2023 and October 16,...
2023-10-23 7:45 AM EDT