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Gunnison Copper Reports Positive Results from Limestone Evaluation to Add New By-Product Revenue at the Gunnison Project in Southeast Arizona
Newsfile· 2025-10-23 20:30
Core Insights - Gunnison Copper Corp. reports positive results from limestone evaluation, indicating that 96% of analyzed limestone meets industrial specifications for various saleable products, which could enhance project economics and diversify revenue streams [1][2][3] Limestone Evaluation Highlights - Approximately 96% of the analyzed limestone meets thresholds for cement and agricultural lime applications, with an average of over 96% calcite and over 55% CaO [3] - About 21% of the limestone is suitable for premium paper filler and high-brightness paint applications, averaging over 97% calcite and approximately 56% CaO [3] - The current mine plan includes around 224 million tons of limestone categorized as waste over a 16-year mine life, with potential for increased commercially suitable material following further analysis [3] Next Steps - The company plans to expand sampling coverage beyond the initial 883 feet to improve statistical confidence across the planned open pit area [12] - Specification-based testing will be conducted to align with standards for cement, agricultural lime, and premium filler/paint products [12] - The company will evaluate logistics, permitting, and commercialization options, including potential marketing partnerships and offtake discussions for incorporation into the updated Preliminary Economic Assessment (PEA) expected in Q1 2026 [12]