Gunnison Copper Updates PEA, Boosts Project Value by 50%, Extends Mine Life to 21 Years

Published: Feb 28, 2026 23:45

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Gunnison Copper (TSX: GCU) updated a preliminary economic assessment (PEA) for its namesake project in Arizona, increasing the value by half and advancing towards prefeasibility, permitting and financing.The update issued Wednesday raises the Gunnison project’s net present value (at an 8% discount) to $1.95 billion, assuming a copper price of $4.60 per lb., compared with the initial PEA from 2024. Mine life rises by three years to 21.

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