Gunnison Copper Announces First Copper Sales from Johnson Camp Mine
America's Newest Copper Producer Delivers First Revenue Milestone
Phoenix, Arizona--(Newsfile Corp. - September 25, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") is pleased to announce the first sales of pure copper cathode from its fully operational Johnson Camp Mine ("JCM") in southeast Arizona, with production capacity of up to 25 million lbs. of copper cathode annually.
On September 15, 2025, Gunnison completed its inaugural copper sales, marking the start of revenue generation following successful commissioning. Gunnison sold a total of 225,371 pounds of finished copper cathode at an average realized copper price of US$4.64 per pound, generating gross proceeds of approximately US$1,046,194.
"This milestone represents the first revenue from Johnson Camp and demonstrates the rapid progress Gunnison has made in delivering value to shareholders since achieving first copper production just weeks ago," stated Craig Hallworth, Senior Vice President and Chief Financial Officer. "Strong copper prices and increasing production levels position us well as we move towards a potential equity valuation re-rating as a copper producer. We are especially proud that every pound sold is 100% Made-in-America copper, directly supporting our nation as we work together to strengthen our supply chains."
Key Highlights of First Copper Sales:
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Revenue milestone achieved: First sales total 225,371 lbs. of finished copper cathode, generating over US$1.0 million in gross proceeds.
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Strengthened U.S. supply chain: Sales represent the first Made-in-America copper from JCM delivered into domestic markets.
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Nuton® Technology: First copper production using Nuton's bio-leaching technology is expected later this year. Nuton , a venture of Rio Tinto, will be deploying this innovative technoogy at scale for the first time at Johnson Camp.
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Continued growth trajectory: JCM has a nameplate capacity of 25 million pounds of finished copper cathode annually.
Johnson Camp Mine commenced production in the last week of August 2025, ahead of schedule, and with an excellent health and safety record. Copper cathode from JCM is fully produced in the United States, contributing directly to American energy independence, advanced manufacturing, technology, and national defense supply chains.
Video here: https://www.youtube.com/watch?v=ndGnF4Jl4xY
