Excelsior Mining ( (TSE:GCU) ) just unveiled an update.
Gunnison Copper Corp. has secured a $3 million non-dilutive funding from Nuton, a Rio Tinto venture, to support viability testing at the Gunnison Project. This agreement includes potential additional funding through monetizing tax credits, which could significantly benefit Gunnison’s operations by reducing debt and enhancing project development, thereby strengthening its industry position.
More about Excelsior Mining
Gunnison Copper Corp. operates in the mining industry, focusing on copper extraction. The company is engaged in developing the Gunnison Project, which involves innovative heap leach processing technologies for copper sulfide mineralization.
YTD Price Performance: -17.07%
Average Trading Volume: 83,061
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$53.62M
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