
businessMar 3, 20264:37pending
Gunnison Copper NPV jumps 55% to $2B
About this episode
Gunnison Copper CFO Craig Hallworth joined Angela Harmantas at the Prospectors & Developers Association of Canada or PDAC conference in Toronto to share news about the company’s updated technical report for its flagship Gunnison Copper Project and the operational momentum at the Johnson Camp Mine.
Hallworth highlighted the release of a new NI 43-101 technical report that materially increases the project’s after-tax net present value from approximately US$1.3 billion to US$2 billion — a 55% uplift. He explained that “we’ve materially increased the value of this project,” noting that roughly 80% of the improvements came from factors under management’s control rather than copper price assumptions.
A key contributor to the enhanced economics is the inclusion of the Strong and Harris satellite deposit, grading 0.85% total copper. This has lifted the overall pit grade to 0.43%. The updated plan outlines total production of more than 3.2 billion pounds of copper, an increase of 500 million pounds from the previous study.
Hallworth also detailed the next steps, including a pre-feasibility study, advancing the ore body to reserve status, and permit amendments. He stated that within 24 months the company expects to see reserves declared and further project de-risking.
In addition, he discussed the Johnson Camp Mine, described as the newest copper producer in the United States, which is supplying finished copper into domestic supply chains, including Amazon Web Services.
#proactiveinvestors #gunnisoncopper #tsx #gcu #otcqb #gcumf #pdac2026 #GunnisonCopper #CraigHallworth #CopperMining #CopperStocks #CriticalMinerals #USMining #JohnsonCamp #AWS #MiningNews #ResourceInvesting #OTCMarkets #CopperMarket
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