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Gunnison Copper Reports Preliminary Results of University of Arizona Economic Impact Study Highlighting Multi-Billion Dollar Benefits
Newsfileยท 2025-10-08 10:30
Core Insights - The University of Arizona's Economic Impact Study highlights the Gunnison Copper Project's potential to generate a total present value output of $14.6 billion, supporting over 53,000 job-years of employment and generating $2.07 billion in labor income across the U.S. economy over the project's lifespan [1][13]. Economic Impact Summary - The study utilized nationally accepted economic modeling tools to assess the cumulative potential impact of the Gunnison Project's operations at national, state, and county levels [2]. - The projected average annual effects include: - Revenue: $625 million - Employment: 524 jobs - Labor Income: $50 million [4]. - Cumulative life-of-mine impacts are projected as follows: - National level: $1.43 billion in output, 2,676 jobs, $209 million in labor income - Arizona: $978 million in output, 1,739 jobs, $129 million in labor income - District 6 (including Cochise County): $880 million in output, 765 jobs, $64 million in labor income [4]. Company Overview - Gunnison Copper Corp. is positioned as 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 [9]. - The flagship 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) indicating an NPV of $1.3 billion, an IRR of 20.9%, and a payback period of 4.1 years [10].