Copper Producer Gunnison Copper Corp Begins Operations, Caledonia Mining Sets New Records, Chill Brands Resumes Trading

Gunnison Copper Corp has begun operations at its Arizona mine, with first copper sales expected by September. Spanish Mountain Gold's fundraising has increased to $6 million due to strong investor demand. Caledonia Mining reported exceptional Q2 results, setting new records for production, profitability, and cash generation at its Zimbabwean mine. Chill Brands Group resumed trading on the London Stock Exchange after a suspension, and Valereum invested $600,000 in Metrikus Software. Vaultz Capital appointed Adam Vaziri to its Bitcoin advisory board, and genedrive PLC expects total income to double to £1 million for FY22. Mosman Oil and Gas secured approval for a 3D seismic acquisition at its Sagebrush Project in Colorado.

Gunnison Copper Corp. (TSX: GCU, OTCQB: GCUMF, FSE: 3XS0) has made significant progress in its mining operations, with the solvent extraction (SX) plant and electrowinning (EW) circuit now operational at the Johnson Camp Mine (JCM) in southeast Arizona. The company announced that the first copper sales are expected in September, marking a major milestone in its production plans [1].

The start-up of the SX-EW plant is ahead of schedule, as stated by Robert Winton, SVP Operations, who noted that the dedicated team at JCM has executed this startup without incident and in record time. The leaching of mineralized run-of-mine material has already begun, with copper-rich solutions being pumped to the SX-EW plant. The SX plant and EW circuit are being readied for copper plating, with the new LNG system at the EW plant fully commissioned and operating as expected [1].

Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer that controls the Cochise Mining District in the Southern Arizona Copper Belt. The company's flagship asset, the Gunnison Copper Project, has a Measured and Indicated Mineral Resource containing over 831.6 million tons with a total copper grade of 0.31%. The project is being developed as a conventional operation with open pit mining, heap leach, and SX/EW refinery to produce finished copper cathode on-site with a direct rail link [1].

The Johnson Camp Asset, which is under construction, is fully funded by Nuton LLC, a Rio Tinto venture. The construction activities are progressing as planned, with the final phase of the leach pad construction on schedule. The on-pad crushing circuit and agglomerator have been installed and are being commissioned, while the new LNG system at the EW plant is fully operational [1].

Gunnison Copper Corp. is committed to producing Made-in-America copper, with the first harvest expected in Q3 2025. The company's progress and the successful start-up of the SX-EW plant at JCM are significant steps towards achieving its targeted copper cathode sales in September this year.

References:
[1] https://finance.yahoo.com/news/gunnison-copper-announces-johnson-camp-103000527.html