Gunnison Copper Announces First Copper Sales from Johnson Camp Mine

Core Viewpoint - Gunnison Copper Corp. has successfully completed its first copper sales from the Johnson Camp Mine, marking a significant milestone in revenue generation and operational progress for the company [2][3][4]. Company Overview - Gunnison Copper Corp. operates the Johnson Camp Mine in southeast Arizona, with a production capacity of up to 25 million pounds of copper cathode annually [2][5]. - The company is focused on developing multiple copper assets within the Cochise Mining District, which contains 12 known deposits [7]. First Copper Sales - On September 15, 2025, Gunnison completed its inaugural copper sales, selling 225,371 pounds of finished copper cathode at an average price of US$4.64 per pound, generating gross proceeds of approximately US$1,046,194 [3][4]. - The sales represent the first revenue from the Johnson Camp Mine and highlight the company's rapid progress since achieving first copper production [4][6]. Production and Technology - The Johnson Camp Mine commenced production in the last week of August 2025, ahead of schedule, and has maintained an excellent health and safety record [5][6]. - The copper produced is fully sourced from the United States, contributing to American energy independence and supporting domestic supply chains [5][6]. - The company plans to utilize Nuton® technology for future copper production, which is expected to enhance recovery rates and increase domestic copper production [6][15]. Economic Assessment - The Gunnison Copper Project has a Measured and Indicated Mineral Resource of over 831.6 million tons with a total copper grade of 0.31%, and a preliminary economic assessment (PEA) indicates a net present value (NPV) of US$1.3 billion and an internal rate of return (IRR) of 20.9% [8].