Proactive Investors
04 Jun 2026, 12:47 UTC · 1h ago
Gunnison Copper targets resource expansion with new district-wide drill program at flagship Arizona project
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Proactive Investors
04 Jun 2026, 12:47 UTC · 1h ago
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Story key points
4 claims · impact-rated
Gunnison Copper Corp is launching a district-wide drilling program consisting of up to 120 holes totaling approximately 138,000 feet. — Significant exploration activity increases the probability of resource expansion and positive assay results, which typically drives stock price appreciation for junior miners.
+0.50The program is designed to support a pre-feasibility study (PFS), metallurgical optimization, and resource conversion. — Movement toward a PFS is a key de-risking milestone in the mining lifecycle that moves a project closer to production.
+0.30The company has budgeted approximately US$15 million for the drilling program and related laboratory testing. — Provides a clear capital expenditure outlook and confirms the scale of the operational commitment.
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Preliminary results from the drilling campaign are expected within six months, with full results in 12 to 15 months. — Establishes a timeline for future volatility and catalysts, though the timeframe is relatively long.
+0.10Ticker attribution
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The company announced a comprehensive district-wide drilling program to expand resources and support its pre-feasibility study.
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