{"success":true,"data":{"pressRelease":{"id":"45962","rtpr_id":"nNFC3QfvGm","ticker":"GCU","exchange":"TSX","all_tickers":["GCU"],"title":"Gunnison Copper Announces Partnership with Arizona State Government and Arizona Commerce Authority","author":"Newsfile Corp","published_at":"2026-05-27T10:00:14.355Z","article_body":"Partnership to Create Jobs and Manufacture American Copper in Cochise County,\nArizona\n\nPhoenix, Arizona--(Newsfile Corp. - May 27, 2026) - Gunnison Copper Corp.\n(TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) (\"Gunnison\" or the \"Company\") is pleased\nto announce that the Company has received approval under the Arizona Commerce\nAuthority's (\"ACA\") Qualified Facility Tax Credit (\"QFTC\") Program for its\nArizona operations which will result in a non-dilutive refundable tax credit\nfunding source for the Company.\n\nThe QFTC Program is designed to support significant capital investment and\nhigh-quality job creation in Arizona through refundable state income tax\ncredits tied to qualifying investments and net new full-time employment. The\napproval further reinforces Gunnison Copper's growing alignment with U.S.\ndomestic critical mineral priorities through the manufacturing of copper\ncathode and adds to the Company's expanding track record of government and\ninstitutional support as it advances copper production and development\nactivities in Arizona.\n\n\"This approval reflects the strong support we have in Arizona for our\noperations and direct financial support from the Arizona Commerce Authority\nproviding this non-dilutive funding to support our manufacturing of pure\nAmerican copper in this great state,\" said Craig Hallworth, President & CEO of\nGunnison Copper. \"As we continue advancing our Made-in-America copper\nplatform, we remain focused on creating high-quality jobs, working\ncollaboratively with local communities and stakeholders, and supporting secure\ndomestic supply chains for critical industries including infrastructure,\nmanufacturing, energy, data centers, and defense.\"\n\nThe QFTC approval follows several recent milestones supporting Gunnison's\nstrategic positioning as an emerging U.S. copper producer, including\npreviously announced government-related support and inclusion in critical\nmineral development programs. The Company continues to advance its strategy\nfocused on strengthening domestic copper supply chains while generating\nlong-term value for shareholders and regional communities.\n\nABOUT GUNNISON COPPER\n\nGunnison Copper Corp. is a multi-asset pure-play copper developer and producer\nthat controls the Cochise Mining District (the district), containing 12 known\ndeposits within an 8 km economic radius, in the Southern Arizona Copper Belt.\n\nIts flagship asset, the Gunnison Copper Project, has a main pit Measured and\nIndicated Mineral Resource containing over 846 million tons with a total\ncopper grade of 0.33% (Measured Mineral Resource of 192 million tons at 0.37%\nand Indicated Mineral Resource of 655 million tons at 0.31%).\n\nThe Strong & Harris satellite deposit, located approximately 1.9 miles from\nthe Gunnison processing facilities, is also included in the mine plan and\nhosts an Inferred Mineral Resource of 76 million tons grading 0.49% total\ncopper (0.32% CuOx) at a 0.07% cutoff, 0.56% zinc and 0.12% silver, containing\napproximately 740 million pounds of copper, including 483 million pounds of\noxide copper, as well as zinc (856 million pounds) and silver (9.0 million\nounces).\n\nA preliminary economic assessment (\"PEA\") was completed in March 2026 for the\nGunnison Project yielding robust economics including an NPV8% of $2 billion,\nIRR of 23%, and payback period of 3.9 years. It is being developed as a\nconventional operation with open pit mining, heap leach, and SX/EW refinery to\nproduce finished copper cathode on-site with direct rail link. The PEA is\npreliminary in nature and includes Inferred Mineral Resources that are\nconsidered too speculative geologically to have the economic considerations\napplied to them that would enable them to be categorized as mineral reserves.\nThere is no certainty that the conclusions reached in the PEA will be\nrealized. Mineral Resources that are not Mineral Reserves do not have\ndemonstrated economic viability.\n\nIn addition, Gunnison's Johnson Camp Asset, which is now in production, is\nfully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of\nup to 25 million lbs of finished copper cathode annually.\n\nOther significant deposits controlled by Gunnison in the district, with\npotential to be economic satellite feeder deposits for Gunnison Project\ninfrastructure, include South Star, and eight other deposits.\n\nFor more information on the Company, please visit our website at\nwww.GunnisonCopper.com.\n\nFor additional information on the Gunnison Project please refer to the\ntechnical report titled \"Gunnison Project NI 43-101 Technical Report,\nPreliminary Economic Assessment, Cochise County, Arizona, USA\" with an\neffective date of March 18, 2026 filed on SEDAR+ at www.sedarplus.ca.\n\nFor additional information on the Johnson Camp Mine please refer to the\ntechnical report titled \"Johnson Camp Mine NI 43-101 Technical Report, Cochise\nCounty, Arizona, USA\" with an effective date of March 18, 2026 filed on SEDAR+\nat www.sedarplus.ca.\n\nDr. Roland Goodgame, Senior VP of Project Development of the Company is a\nQualified Person as defined by NI 43-101. Dr. Goodgame has reviewed and is\nresponsible for the technical information contained in this news release.\n\nFor further information regarding this press release, please contact:\n\nGunnison Copper Corp.\nConcord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018\n\nMelissa Mackie\nT: 647.533.4536\nE: info@GunnisonCopper.com\nwww.GunnisonCopper.com\n\nCautionary Note Regarding Forward-Looking Information\n\nThis news release contains \"forward-looking information\" concerning\nanticipated developments and events that may occur in the future.\nForward-looking information contained in this news release includes, but is\nnot limited to, statements with respect to: (i) the intention to deploy the\nNuton® technology at the Johnson Camp mine and future production therefrom;\n(ii) the continued funding of the stage 2 work program by Nuton; (iii) the\ndetails and expected results of the stage two work program; (iv) future\nproduction and production capacity from the Company's mineral projects; (v)\nthe results of the preliminary economic assessment on the Gunnison Project;\n(vi) the exploration and development of the Company's mineral projects; (vii)\nthe benefits of the QFTC Program and any award of tax credit funding; (viii)\nthe Company's focus on creating high-quality jobs, working collaboratively\nwith local communities and stakeholders, and supporting secure domestic supply\nchains for critical industries; and (ix) the Company's strategy focused on\nstrengthening domestic copper supply chains while generating long-term value\nfor shareholders and regional communities.\n\nIn certain cases, forward-looking information can be identified by the use of\nwords such as \"plans\", \"expects\" or \"does not expect\", \"budget\", \"scheduled\",\n\"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not anticipate\",\nor \"believes\", or variations of such words and phrases or state that certain\nactions, events or results \"may\", \"could\", \"would\", \"might\", \"occur\" or \"be\nachieved\" suggesting future outcomes, or other expectations, beliefs, plans,\nobjectives, assumptions, intentions or statements about future events or\nperformance. Forward-looking information contained in this news release is\nbased on certain factors and assumptions regarding, among other things, Nuton\nwill continue to fund the stage 2 work program, the availability of financing\nto continue as a going concern and implement the Company's operational plans,\nthe allocation of the 48C tax credits between the Company and Nuton, the\nsatisfaction of the requirements set forth in Section 48C of the Internal\nRevenue Code, the estimation of mineral resources, the realization of resource\nand reserve estimates, copper and other metal prices, the timing and amount of\nfuture development expenditures, the estimation of initial and sustaining\ncapital requirements, the estimation of labour and operating costs (including\nthe price of acid), the availability of labour, material and acid supply,\nreceipt of and compliance with necessary regulatory approvals and permits, the\nestimation of insurance coverage, and assumptions with respect to currency\nfluctuations, environmental risks, title disputes or claims, and other similar\nmatters. While the Company considers these assumptions to be reasonable based\non information currently available to it, they may prove to be incorrect.\n\nForward-looking information involves known and unknown risks, uncertainties\nand other factors which may cause the actual results, performance or\nachievements of the Company to be materially different from any future\nresults, performance or achievements expressed or implied by the\nforward-looking information. Such factors include risks related to the Company\nnot obtaining adequate financing to continue operations, Nuton failing to\ncontinue to fund the stage 2 work program, the failure to satisfy the\nrequirements set forth in Section 48C of the Internal Revenue Code, the breach\nof debt covenants, risks inherent in the construction and operation of mineral\ndeposits, including risks relating to changes in project parameters as plans\ncontinue to be redefined including the possibility that mining operations may\nnot be sustained at the Gunnison Copper Project, risks related to the delay in\napproval of work plans, variations in mineral resources and reserves, grade or\nrecovery rates, risks relating to the ability to access infrastructure, risks\nrelating to changes in copper and other commodity prices and the worldwide\ndemand for and supply of copper and related products, risks related to\nincreased competition in the market for copper and related products, risks\nrelated to current global financial conditions, risks related to current\nglobal financial conditions on the Company's business, uncertainties inherent\nin the estimation of mineral resources, access and supply risks, risks related\nto the ability to access acid supply on commercially reasonable terms,\nreliance on key personnel, operational risks inherent in the conduct of mining\nactivities, including the risk of accidents, labour disputes, increases in\ncapital and operating costs and the risk of delays or increased costs that\nmight be encountered during the construction or mining process, regulatory\nrisks including the risk that permits may not be obtained in a timely fashion\nor at all, financing, capitalization and liquidity risks, risks related to\ndisputes concerning property titles and interests, environmental risks and the\nadditional risks identified in the \"Risk Factors\" section of the Company's\nreports and filings with applicable Canadian securities regulators.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299003","article_body_html":"","raw_payload":{"data":{"id":"nNFC3QfvGm","title":"Gunnison Copper Announces Partnership with Arizona State Government and Arizona Commerce Authority","author":"Newsfile Corp","ticker":"GCU","created":"2026-05-27T10:00:14.355Z","tickers":["GCU"],"exchange":"TSX","article_body":"Partnership to Create Jobs and Manufacture American Copper in Cochise County,\nArizona\n\nPhoenix, Arizona--(Newsfile Corp. - May 27, 2026) - Gunnison Copper Corp.\n(TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) (\"Gunnison\" or the \"Company\") is pleased\nto announce that the Company has received approval under the Arizona Commerce\nAuthority's (\"ACA\") Qualified Facility Tax Credit (\"QFTC\") Program for its\nArizona operations which will result in a non-dilutive refundable tax credit\nfunding source for the Company.\n\nThe QFTC Program is designed to support significant capital investment and\nhigh-quality job creation in Arizona through refundable state income tax\ncredits tied to qualifying investments and net new full-time employment. The\napproval further reinforces Gunnison Copper's growing alignment with U.S.\ndomestic critical mineral priorities through the manufacturing of copper\ncathode and adds to the Company's expanding track record of government and\ninstitutional support as it advances copper production and development\nactivities in Arizona.\n\n\"This approval reflects the strong support we have in Arizona for our\noperations and direct financial support from the Arizona Commerce Authority\nproviding this non-dilutive funding to support our manufacturing of pure\nAmerican copper in this great state,\" said Craig Hallworth, President & CEO of\nGunnison Copper. \"As we continue advancing our Made-in-America copper\nplatform, we remain focused on creating high-quality jobs, working\ncollaboratively with local communities and stakeholders, and supporting secure\ndomestic supply chains for critical industries including infrastructure,\nmanufacturing, energy, data centers, and defense.\"\n\nThe QFTC approval follows several recent milestones supporting Gunnison's\nstrategic positioning as an emerging U.S. copper producer, including\npreviously announced government-related support and inclusion in critical\nmineral development programs. The Company continues to advance its strategy\nfocused on strengthening domestic copper supply chains while generating\nlong-term value for shareholders and regional communities.\n\nABOUT GUNNISON COPPER\n\nGunnison Copper Corp. is a multi-asset pure-play copper developer and producer\nthat controls the Cochise Mining District (the district), containing 12 known\ndeposits within an 8 km economic radius, in the Southern Arizona Copper Belt.\n\nIts flagship asset, the Gunnison Copper Project, has a main pit Measured and\nIndicated Mineral Resource containing over 846 million tons with a total\ncopper grade of 0.33% (Measured Mineral Resource of 192 million tons at 0.37%\nand Indicated Mineral Resource of 655 million tons at 0.31%).\n\nThe Strong & Harris satellite deposit, located approximately 1.9 miles from\nthe Gunnison processing facilities, is also included in the mine plan and\nhosts an Inferred Mineral Resource of 76 million tons grading 0.49% total\ncopper (0.32% CuOx) at a 0.07% cutoff, 0.56% zinc and 0.12% silver, containing\napproximately 740 million pounds of copper, including 483 million pounds of\noxide copper, as well as zinc (856 million pounds) and silver (9.0 million\nounces).\n\nA preliminary economic assessment (\"PEA\") was completed in March 2026 for the\nGunnison Project yielding robust economics including an NPV8% of $2 billion,\nIRR of 23%, and payback period of 3.9 years. It is being developed as a\nconventional operation with open pit mining, heap leach, and SX/EW refinery to\nproduce finished copper cathode on-site with direct rail link. The PEA is\npreliminary in nature and includes Inferred Mineral Resources that are\nconsidered too speculative geologically to have the economic considerations\napplied to them that would enable them to be categorized as mineral reserves.\nThere is no certainty that the conclusions reached in the PEA will be\nrealized. Mineral Resources that are not Mineral Reserves do not have\ndemonstrated economic viability.\n\nIn addition, Gunnison's Johnson Camp Asset, which is now in production, is\nfully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of\nup to 25 million lbs of finished copper cathode annually.\n\nOther significant deposits controlled by Gunnison in the district, with\npotential to be economic satellite feeder deposits for Gunnison Project\ninfrastructure, include South Star, and eight other deposits.\n\nFor more information on the Company, please visit our website at\nwww.GunnisonCopper.com.\n\nFor additional information on the Gunnison Project please refer to the\ntechnical report titled \"Gunnison Project NI 43-101 Technical Report,\nPreliminary Economic Assessment, Cochise County, Arizona, USA\" with an\neffective date of March 18, 2026 filed on SEDAR+ at www.sedarplus.ca.\n\nFor additional information on the Johnson Camp Mine please refer to the\ntechnical report titled \"Johnson Camp Mine NI 43-101 Technical Report, Cochise\nCounty, Arizona, USA\" with an effective date of March 18, 2026 filed on SEDAR+\nat www.sedarplus.ca.\n\nDr. Roland Goodgame, Senior VP of Project Development of the Company is a\nQualified Person as defined by NI 43-101. Dr. Goodgame has reviewed and is\nresponsible for the technical information contained in this news release.\n\nFor further information regarding this press release, please contact:\n\nGunnison Copper Corp.\nConcord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018\n\nMelissa Mackie\nT: 647.533.4536\nE: info@GunnisonCopper.com\nwww.GunnisonCopper.com\n\nCautionary Note Regarding Forward-Looking Information\n\nThis news release contains \"forward-looking information\" concerning\nanticipated developments and events that may occur in the future.\nForward-looking information contained in this news release includes, but is\nnot limited to, statements with respect to: (i) the intention to deploy the\nNuton® technology at the Johnson Camp mine and future production therefrom;\n(ii) the continued funding of the stage 2 work program by Nuton; (iii) the\ndetails and expected results of the stage two work program; (iv) future\nproduction and production capacity from the Company's mineral projects; (v)\nthe results of the preliminary economic assessment on the Gunnison Project;\n(vi) the exploration and development of the Company's mineral projects; (vii)\nthe benefits of the QFTC Program and any award of tax credit funding; (viii)\nthe Company's focus on creating high-quality jobs, working collaboratively\nwith local communities and stakeholders, and supporting secure domestic supply\nchains for critical industries; and (ix) the Company's strategy focused on\nstrengthening domestic copper supply chains while generating long-term value\nfor shareholders and regional communities.\n\nIn certain cases, forward-looking information can be identified by the use of\nwords such as \"plans\", \"expects\" or \"does not expect\", \"budget\", \"scheduled\",\n\"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not anticipate\",\nor \"believes\", or variations of such words and phrases or state that certain\nactions, events or results \"may\", \"could\", \"would\", \"might\", \"occur\" or \"be\nachieved\" suggesting future outcomes, or other expectations, beliefs, plans,\nobjectives, assumptions, intentions or statements about future events or\nperformance. Forward-looking information contained in this news release is\nbased on certain factors and assumptions regarding, among other things, Nuton\nwill continue to fund the stage 2 work program, the availability of financing\nto continue as a going concern and implement the Company's operational plans,\nthe allocation of the 48C tax credits between the Company and Nuton, the\nsatisfaction of the requirements set forth in Section 48C of the Internal\nRevenue Code, the estimation of mineral resources, the realization of resource\nand reserve estimates, copper and other metal prices, the timing and amount of\nfuture development expenditures, the estimation of initial and sustaining\ncapital requirements, the estimation of labour and operating costs (including\nthe price of acid), the availability of labour, material and acid supply,\nreceipt of and compliance with necessary regulatory approvals and permits, the\nestimation of insurance coverage, and assumptions with respect to currency\nfluctuations, environmental risks, title disputes or claims, and other similar\nmatters. While the Company considers these assumptions to be reasonable based\non information currently available to it, they may prove to be incorrect.\n\nForward-looking information involves known and unknown risks, uncertainties\nand other factors which may cause the actual results, performance or\nachievements of the Company to be materially different from any future\nresults, performance or achievements expressed or implied by the\nforward-looking information. Such factors include risks related to the Company\nnot obtaining adequate financing to continue operations, Nuton failing to\ncontinue to fund the stage 2 work program, the failure to satisfy the\nrequirements set forth in Section 48C of the Internal Revenue Code, the breach\nof debt covenants, risks inherent in the construction and operation of mineral\ndeposits, including risks relating to changes in project parameters as plans\ncontinue to be redefined including the possibility that mining operations may\nnot be sustained at the Gunnison Copper Project, risks related to the delay in\napproval of work plans, variations in mineral resources and reserves, grade or\nrecovery rates, risks relating to the ability to access infrastructure, risks\nrelating to changes in copper and other commodity prices and the worldwide\ndemand for and supply of copper and related products, risks related to\nincreased competition in the market for copper and related products, risks\nrelated to current global financial conditions, risks related to current\nglobal financial conditions on the Company's business, uncertainties inherent\nin the estimation of mineral resources, access and supply risks, risks related\nto the ability to access acid supply on commercially reasonable terms,\nreliance on key personnel, operational risks inherent in the conduct of mining\nactivities, including the risk of accidents, labour disputes, increases in\ncapital and operating costs and the risk of delays or increased costs that\nmight be encountered during the construction or mining process, regulatory\nrisks including the risk that permits may not be obtained in a timely fashion\nor at all, financing, capitalization and liquidity risks, risks related to\ndisputes concerning property titles and interests, environmental risks and the\nadditional risks identified in the \"Risk Factors\" section of the Company's\nreports and filings with applicable Canadian securities regulators.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299003"},"type":"article","timestamp":"2026-05-27T10:00:14.408949804Z","server_sent_at_ms":1779876014408},"received_at":"2026-05-27T10:00:14.463Z","source_url":"https://www.newsfilecorp.com/release/299003"},"analysis":{"id":"35395","press_release_id":"45962","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"partnership","narrative":"Gunnison Copper received approval for the Arizona Commerce Authority's Qualified Facility Tax Credit program, securing a non-dilutive funding source for its Arizona operations.\n\nThe approval supports the company's strategy to manufacture domestic copper and create jobs, reinforcing its alignment with U.S. critical mineral priorities.\n\nThe company highlighted its flagship Gunnison Project's robust PEA economics, including a $2 billion NPV8% and 23% IRR, alongside its fully funded Johnson Camp asset.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Non-dilutive government funding approval de-risks Gunnison's Arizona copper project."},"keyFigures":{"customDimensions":{"irr":"23%","npv8":"$2 billion","payback_period":"3.9 years","inferred_resource_tons":"76 million","measured_resource_tons":"192 million","indicated_resource_tons":"655 million","johnson_camp_production_capacity":"25 million lbs","measured_indicated_resource_tons":"846 million"}},"quotedText":"This approval reflects the strong support we have in Arizona for our operations and direct financial support from the Arizona Commerce Authority providing this non-dilutive funding to support our manufacturing of pure American copper in this great state","namedEntities":{"people":[{"name":"Craig Hallworth","role":"President & CEO"},{"name":"Dr. Roland Goodgame","role":"Senior VP of Project Development"},{"name":"Melissa Mackie","role":"IR Contact"}],"products":["copper cathode","zinc","silver"],"companies":[{"name":"Gunnison Copper Corp.","ticker":"GCU","relationship":"filer"},{"name":"Arizona Commerce Authority","relationship":"partner"},{"name":"Nuton LLC","relationship":"funder/partner"},{"name":"Rio Tinto","relationship":"parent of funder"}],"dollarAmounts":[{"amount":"$2 billion","context":"NPV8% of Gunnison Project PEA"}]},"materialImpact":{"score":3,"reasoning":"Approval for non-dilutive tax credit funding reduces future capital requirements and de-risks the project economics. While not a cash injection today, it validates the project's alignment with government priorities and improves the path to production."},"tickerRelevance":{"others":[{"ticker":"RIO","relevance":"parent of partner Nuton LLC"}],"primary":"GCU"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"moderate","sectorWeight":"high","householdBrandBoost":"low","marketCapAdjustment":"neutral","retailFavoriteBoost":"low"}},"event_type":"partnership","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":3,"narrative":"Gunnison Copper received approval for the Arizona Commerce Authority's Qualified Facility Tax Credit program, securing a non-dilutive funding source for its Arizona operations.\n\nThe approval supports the company's strategy to manufacture domestic copper and create jobs, reinforcing its alignment with U.S. critical mineral priorities.\n\nThe company highlighted its flagship Gunnison Project's robust PEA economics, including a $2 billion NPV8% and 23% IRR, alongside its fully funded Johnson Camp asset.","key_figures":{"customDimensions":{"irr":"23%","npv8":"$2 billion","payback_period":"3.9 years","inferred_resource_tons":"76 million","measured_resource_tons":"192 million","indicated_resource_tons":"655 million","johnson_camp_production_capacity":"25 million lbs","measured_indicated_resource_tons":"846 million"}},"named_entities":{"people":[{"name":"Craig Hallworth","role":"President & CEO"},{"name":"Dr. Roland Goodgame","role":"Senior VP of Project Development"},{"name":"Melissa Mackie","role":"IR Contact"}],"products":["copper cathode","zinc","silver"],"companies":[{"name":"Gunnison Copper Corp.","ticker":"GCU","relationship":"filer"},{"name":"Arizona Commerce Authority","relationship":"partner"},{"name":"Nuton LLC","relationship":"funder/partner"},{"name":"Rio Tinto","relationship":"parent of funder"}],"dollarAmounts":[{"amount":"$2 billion","context":"NPV8% of Gunnison Project PEA"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-27T10:01:48.652Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"small-cap","eventGravity":"moderate","sectorWeight":"high","householdBrandBoost":"low","marketCapAdjustment":"neutral","retailFavoriteBoost":"low"}},"durationMs":null,"modelName":"george-droid-qwen-72b"}}