Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF) senior vice president and CFO Craig Hallworth talked with Proactive's Stephen Gunnion about the company’s latest developments at the Resourcing Tomorrow event in London.
Hallworth highlighted the company's status as the newest copper producer in the United States, operating at the Johnson Camp mine, and shared excitement about the reception from European investors. "We're telling everyone about 'Made in America' copper...and the reception we're getting is incredibly warm," he said.
A key part of the company’s operations is its partnership with Rio Tinto’s Nuton division, using a sulfide leach technology to recover copper. Hallworth said the first copper output from that circuit is expected imminently.
The company is also diversifying its revenue sources through a significant limestone discovery. Lab tests revealed the deposit is 97% pure calcite, opening opportunities in high-margin products. “I think it could add over $1 billion in additional revenue over the life of the mine,” Hallworth noted.
In addition, Gunnison Copper has retired $7.3 million in non-convertible debt, with plans to eliminate all remaining debt by the end of Q1 2026. Investors can also look forward to an updated PEA and NI 43-101 report for the Gunnison Copper project, with headlines expected in January and the full report by February.
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