Status: Made-In-America Copper Sponsored by Gunnison Copper Corp Legal disclaimer ↗
Gunnison Copper
[ NYSE American: GUNN // TSX: GCU ]

Copper is the
wiring of war.

Mission: Deliver a U.S. supply stream of finished copper cathode engineered for defense primes, hyperscale data centers, grid hardening, and industrial electrification.

Platform: A district scale copper producer in Cochise County, Arizona. The company reported commercial production at Johnson Camp in September 2026 and continues to advance the flagship Gunnison Project (open-pit + heap leach + SX-EW) designed to keep cathode output under U.S. jurisdiction. 22 Sep 2026 production update ↓

Procurement signal: predictable throughput depends on controlling the processing chain (leach + SX-EW) and the reagent and power cost stack.

Now trading: Gunnison’s Level II ADRs began trading on NYSE American under GUNN on October 26, 2026. Each ADR represents 30 common shares; the existing TSX: GCU and OTCQB: GCUMF listings continue. 26 Oct 2026 trading announcement ↓

02 / Production

Production Stack

Commercial production / September 2026

Johnson Camp Mine (JCM)

Producing cathode through heap leach + SX-EW. The company reported 1,304,448 pounds in August and 894,767 pounds from September 1–17, 2026. Read the production announcement ↓

The procurement advantage is simple: it converts material to finished cathode on U.S. soil.

Up to 25M lbs/yrJohnson Camp SX-EW nameplate capacity / Ramp-up ongoing
  • Deliverable: Finished copper cathode (on-site refining)
  • System: Leach solution -> solvent extraction -> electrowinning
  • Supply-chain: Reduced reliance on offshore refining chokepoints
Watch briefing on YouTube →
Gunnison Project (PEA)

Gunnison Project (PEA)

Scaled open pit feeding heap leach pads and on-site SX-EW. Built to support volume delivery into electrification demand and critical infrastructure buildouts. Enough projected capacity to supply up to 11% of U.S. refined copper production from mineralized materials.

3.2 billion lbsCopper cathode / Modeled total over the 21-year mine life

Note: The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized.

Files 2026 PEA technical report for flagship Gunnison project ↗

September permitting update: the company submitted its Mined Land Reclamation Plan amendment and is targeting the remaining principal permit approvals by mid-2028. These are planned milestones, subject to review and approval. 17 Sep 2026 permitting update ↓

Tier 1 Location

Arizona, located on state and private land. A proven track record: permitted and brought two mines into production in the last five years. Compelling economics with leverage to copper price - approximately $2 billion NPV8 (after tax) and 22.5% IRR at $4.60/lb copper price.

Where Finished
Cathode Goes

Click A Sector To Expand

01

Power Grid

Transmission Backbone
Cable, transformers, switchgear

02

Data Centers

AI Power Delivery
Busbars, grounding, PDUs

03

EV + Charging

Electrified Transport
Motors, inverters, chargers

04

Buildings

Wire + HVAC Tube
Power, plumbing, cooling

05

Industry

Motors + Generators
Windings, control cabinets

03 / Defense relevance

National Defense Runs On Copper.

A SilverWars materials briefing
Copper, silver and the systems behind military power.

Modern military power depends on electricity: generating it, moving it, controlling it and keeping equipment running. Copper and silver connect that electrical requirement to the mines, refineries and factories that supply it.

U.S. Army / Battlefield energy ↗
Copper / Power & heat

Carry the current.

Copper combines high electrical and thermal conductivity with the ability to be drawn into wire. It serves in power cables, motor and generator windings, telecommunications and electronic equipment. Its role extends from moving electricity to helping move heat away from working components.

USGS / Copper properties & uses ↗
Silver / Contacts & control

Make the connection.

Pure silver has the highest electrical conductivity of any metal. Silver and its alloys are used in electrical contacts, switching devices and electronic components. A system can use copper for its wiring and silver-containing contacts where a circuit connects, disconnects or switches power.

USGS / Silver in electrical systems ↗
01Why electricity matters in warCommunications, sensors and endurance all require power.

Radios, sensors, drones and command posts need a dependable electrical supply. Generators and batteries provide energy; conductors, connectors and power electronics distribute and manage it. An Army battlefield-energy briefing identifies uninterrupted power as essential to keeping drones, sensors and communications running.

That dependence reaches beyond deployed equipment. The industrial base also needs electrical machinery, communications and power distribution to make, repair and replace hardware. Copper and silver are part of this wider material requirement, linking operational endurance to manufacturing capacity.

02Why copper belongs in the silver storyThe connection begins underground and continues through refining.

USGS reports that most mined silver is obtained as a byproduct of lead-zinc, copper and gold mines. Silver supply therefore depends partly on decisions made around other metals: which deposits are mined, how much material is processed and which metals can be recovered economically.

One connection occurs during copper electrorefining. Silver can collect in residues called anode slimes, which are processed further to recover precious metals. Leaching followed by solvent extraction and electrowinning (SX-EW) is a different copper-production route. Recovering copper cathode does not, by itself, establish that silver is also recovered; the deposit and processing circuit determine what becomes a saleable product.

03What makes a supply chain resilientA deposit is the beginning of an industrial capability.

Both copper and silver appear on the final 2025 U.S. Critical Minerals List. The designation reflects their economic or national-security importance and exposure to supply disruption. For a reader assessing industrial readiness, the useful question is whether the entire chain can keep delivering usable components.

  1. Mine & recoverMake metal available from the deposit.
  2. RefineProduce the purity a manufacturer needs.
  3. FabricateTurn metal into wire, contacts and components.
  4. Maintain & recycleKeep equipment working and recover usable material.

Power, transport, processing capacity and skilled manufacturing all matter along that route. Domestic production can shorten some dependencies, while recycling adds another source of supply. Neither replaces the need for the other stages to function.

04 / News feed

Latest Intelligence

2026 Company Updates / Source review: 27 Oct 2026

GUNN begins trading on NYSE American

Johnson Camp hosts Burgum and Ciscomani; company shares ceremonial blast

Gunnison sets October 26 for GUNN trading debut

Gunnison Copper Advances Toward NYSE American Listing as Copper Reaches Record Highs

Gunnison Copper Appoints Former Hudbay Minerals COO Andre Lauzon to Board of Directors

Gunnison Copper Appoints U.S. Defense Sector Executive as Chief Financial Officer

Gunnison Copper Recognized by Arizona Governor Katie Hobbs for Job Creation at Johnson Camp

Gunnison Copper Achieves Commercial Production at Johnson Camp Mine

Gunnison Copper Submits Mined Land Reclamation Plan Permit Amendment and Outlines Path to Fully Permitted Gunnison Project by Mid-2028

Gunnison Copper and Nuton Optimize Stage 2 Mine Plan with Approximately 3 Million Additional Tons of Mineralized Material

Gunnison Copper Accelerates District-Wide Drill Program, Preparing for Six-Rig Expansion and Upcoming Preliminary Metallurgical Results

Gunnison Copper Reports Second Quarter 2026 Financial and Operational Results

Gunnison Copper Attends the American Mining Industry and Critical Minerals Roundtable in Washington D.C. Focused on Strengthening Domestic Supply Chains

Gunnison Copper Achieves Key Milestone Under U.S. Department of Energy 48C Program

48C update: the July announcement is historical. On 16 September, Gunnison said it had elected not to claim the conditionally awarded Department of Energy 48C tax credits. Read the superseding company update ↑

Gunnison Copper Eliminates Convertible Debt Through Cash Settlement, Preventing the Issuance of 28.9 Million Common Shares

Featured company video

The red, white and blue ceremonial blast at Johnson Camp is featured at the top of this dossier.

Watch the Johnson Camp blast ↑

Company footage / Event: 20 Oct 2026 / Company report: 22 Oct 2026

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