Core Viewpoint - Gunnison Copper Corp. announces the retirement of Mr. Michael Haworth from its Board of Directors, marking the end of Greenstone Resources II fund's investment lifecycle in the company [1][2]. Company Updates - Mr. Haworth has been a director since September 5, 2014, contributing to the Audit Committee and Project Steering Committee, providing financial oversight and strategic guidance during a transformative period for the company [2]. - The company expresses gratitude for Mr. Haworth's contributions and acknowledges Greenstone's supportive role in its growth [2]. - The distribution and placement of Greenstone's shares have broadened Gunnison's institutional shareholder base as it advances its Gunnison Copper Project and operations at Johnson Camp Mine in Arizona [2]. Future Plans - Gunnison plans to strengthen its Board of Directors by adding new independent directors to support its growth strategy [3]. Company Profile - Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer, controlling the Cochise Mining District with 12 known deposits within an 8 km economic radius in the Southern Arizona Copper Belt [4]. - The flagship Gunnison Copper Project has a Measured and Indicated Mineral Resource of over 846.1 million tons with a total copper grade of 0.33%, and a preliminary economic assessment (PEA) indicates an NPV8% of $2 billion, an IRR of 23%, and a payback period of 3.9 years [5]. Production Capacity - The Johnson Camp Asset, now in production, is fully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of up to 25 million lbs of finished copper cathode annually [7].
Gunnison Copper Announces Retirement of Director Michael Haworth in Conjunction with Divestment of Greenstone Shareholdings
TMX Newsfile·2026-03-11 10:30