Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF) CEO Stephen Twyerould talked with Proactive about the company's recently announced plans to raise up to $15 million.
Twyerould explained that the timing of the raise aligns with two key factors: strong market interest and positive technical results from the company's recent HVA and mineral sorting programs.
The funds will allow Gunnison Copper to begin critical pre-feasibility work at its Gunnison Project in Arizona.
While not all funds will go directly into the pre-feasibility study, Twyerould clarified that the money will support major early-stage components, such as drilling and metallurgical sampling.
He noted, "What it's going to do is start the big ticket items like start the drill rig on the ground."
The CEO emphasized the company’s bullish stance on copper, particularly in the US, and expressed hopes for a potential re-rating in 2026 as a junior producer.
He stressed that the primary value driver will be progressing the Gunnison Project, saying, "Honestly, that's where the big value is."
Twyerould also said the company is receiving strong inbound interest from potential investors, with many asking about progress on the pre-feasibility study and timelines for drilling.
He said Gunnison aims to move quickly and could close the current raise in the coming weeks.