Gunnison Copper Signs Letter of Intent with Defense and Mineral Exploration Tech Start-Up Lunasonde to Assess Its Revolutionary Technology to Explore for Copper, Other Critical Minerals, and Rare Earth Elements in Arizona's Cochise Mining District
Gunnison Copper (OTCQB: GCUMF) has signed a non-binding Letter of Intent with Lunasonde Inc., a defense technology start-up, to test innovative airborne subsurface imaging technology for mineral exploration. The partnership will focus on exploring Gunnison's district-scale land package in southeastern Arizona's Cochise Mining District for copper, critical minerals, and rare earth elements.
The collaboration aims to leverage Lunasonde's experimental Airborne Georadiotomography (aGRT) technology to identify new mineral targets beneath thick alluvial cover. The parties plan to seek funding through the U.S. Department of Energy's ROCKS Program. The district is known to potentially host at least 12 critical minerals important to the US supply chain.
Gunnison Copper (OTCQB: GCUMF) ha firmato una lettera d'intenti non vincolante con Lunasonde Inc., una startup di tecnologia difensiva, per testare una innovativa tecnologia di imaging sottomarino aereo per l'esplorazione mineraria. La partnership si concentrerà sull'esplorazione della vasta zona di proprietà di Gunnison nel distretto minerario di Cochise, nel sud-est dell'Arizona, per rame, minerali critici ed elementi delle terre rare.
La collaborazione mira a sfruttare la tecnologia sperimentale Airborne Georadiotomography (aGRT) di Lunasonde per identificare nuovi bersagli mineralogici sotto una spessa copertura alluvionale. Le parti intendevano cercare finanziamenti tramite il ROCKS Program del Dipartimento dell'Energia degli Stati Uniti. Il distretto è noto per ospitare potenzialmente almeno 12 minerali critici importanti per la catena di approvvigionamento degli USA.
Gunnison Copper (OTCQB: GCUMF) ha firmado una Carta de Intención no vinculante con Lunasonde Inc., una startup de tecnología de defensa, para probar una innovadora tecnología de imágenes subterráneas aéreas para la exploración minera. La colaboración se centrará en explorar el conjunto de tierras de Gunnison a escala distrital en el distrito minero de Cochise, al sureste de Arizona, para cobre, minerales críticos y elementos de tierras raras.
La colaboración tiene como objetivo aprovechar la tecnología experimental Airborne Georadiotomography (aGRT) de Lunasonde para identificar nuevos objetivos minerales bajo una extensa cubierta aluvial. Las partes planean buscar financiamiento a través del Programa ROCKS del Departamento de Energía de EE. UU.. El distrito es conocido por potencialmente albergar al menos 12 minerales críticos importantes para la cadena de suministro de EE. UU.
Gunnison Copper (OTCQB: GCUMF)가 Lunasonde Inc.와 구속력 없는 의향서(NOT Binding Letter of Intent)를 체결하여, 광물 탐사를 위한 혁신적인 공중 지하 이미징 기술을 시험합니다. 이 협력은 애리조나 주 남동부 코치스 광업 지구의 Gunnison의 구역 규모 토지 패키지를 구리, 핵심 광물 및 희토류 원소의 탐사에 초점을 맞출 것입니다.
협력은 Lunasonde의 실험적 Airborne Georadiotomography (aGRT) 기술을 활용해 두꺼운 충적층 아래의 새로운 광물 목표물을 식별하는 것을 목표로 합니다. 양측은 미국 에너지부의 ROCKS 프로그램을 통한 자금 조달을 모색할 계획입니다. 이 지구는 미국 공급망에 중요한 적어도 12개의 핵심 광물을 잠재적으로 보유한 것으로 알려져 있습니다.
Gunnison Copper (OTCQB: GCUMF) a signé une lettre d’intention non contraignante avec Lunasonde Inc., une startup de technologie de défense, pour tester une technologie innovante d’imagerie aérienne souterraine destinée à l’exploration minière. Le partenariat se concentrera sur l’exploration du paquet de terrains à l’échelle du district de Gunnison, dans le district minier de Cochise, au sud-est de l’Arizona, à la recherche de cuivre, de minéraux critiques et d’éléments des terres rares.
La collaboration vise à exploiter la technologie expérimentale Airborne Georadiotomography (aGRT) de Lunasonde afin d’identifier de nouvelles cibles minières sous une couverture alluviale épaisse. Les parties prévoient de solliciter des financements via le programme ROCKS du Département américain de l’Énergie. Le district est connu pour potentiellement abriter au moins 12 minéraux critiques importants pour la chaîne d’approvisionnement des États‑Unis.
Gunnison Copper (OTCQB: GCUMF) hat eine unverbindliche Absichtserklärung mit Lunasonde Inc. unterzeichnet, ein Startup für Verteidigungstechnologie, um eine innovative Luftbild-Subsurface-Imaging-Technologie für die Bergbau-Exploration zu testen. Die Partnerschaft konzentriert sich darauf, das flächenhafte Liegenschaftspaket von Gunnison im Cochise Mining District im Südosten von Arizona auf Kupfer, kritische Mineralien und Seltene Erden zu untersuchen.
Die Zusammenarbeit zielt darauf ab, Lunasondes experimentelle Airborne Georadiotomography (aGRT)-Technologie zu nutzen, um neue Mineralziele unter dicker alluvialer Abdeckung zu identifizieren. Die Parteien planen eine Finanzierung über das ROCKS-Programm des US-Energieministeriums zu suchen. Das Distrikt ist bekannt dafür, potenziell mindestens 12 kritische Mineralien zu beherbergen, die wichtig für die US-Lieferkette sind.
Gunnison Copper (OTCQB: GCUMF) قد وقعت ورقة نوايا غير ملزمة مع Lunasonde Inc.، وهي شركة ناشئة في تكنولوجيا الدفاع، لاختبار تقنية تصوير جوّي تحت السطح الابتكارية للاستكشاف المعدني. ستركز الشراكة على استكشاف حزمة أراضٍ بمقياس منطقة Gunnison في منطقة Cochise التعدينية بجنوب شرق أريزونا للبحث عن النحاس والمعادن الحيوية وعن عناصر الأرض النادرة.
تهدف التعاون إلى الاستفادة من تكنولوجيا Airborne Georadiotomography (aGRT) التجريبية من Lunasonde لتحديد أهداف معدنية جديدة تحت طبقة رسوبية سميكة. وستسعى الأطراف للحصول على تمويل من خلال برنامج ROCKS لوزارة الطاقة الأمريكية. يُعرف أن المنطقة قد تستضيف ما لا يقل عن 12 معدنًا حيويًا مهمًا لسلسلة الإمداد الأمريكية.
Gunnison Copper (OTCQB: GCUMF) 已与Lunasonde Inc.签署了一份非约束性意向书，这是一家防务技术初创公司，旨在测试用于矿产勘探的创新化的航空地下成像技术。双方的合作将专注于在亚利桑那州东南部科奇斯矿区的Gunnison区域范围内，寻找铜、关键矿物和稀土元素。
此次合作旨在利用 Lunasonde 的试验性 Airborne Georadiotomography (aGRT) 技术，识别厚厚冲积覆盖层下的新的矿物靶区。双方计划通过美国能源部的 ROCKS 计划 寻求资金支持。该区被认为潜在容纳至少 12 种对美国供应链重要的关键矿物。
- None.
- LOI is non-binding and subject to definitive agreements
- Technology is still experimental and unproven
- Project depends on successful DOE funding application approval
Evaluating Airborne Georadiotomography (aGRT) for Potential Copper and Rare Earth Targeting
Phoenix, Arizona--(Newsfile Corp. - September 23, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") is pleased to announce that it has entered into a non-binding Letter of Intent ("LOI") with Lunasonde Inc. ("Lunasonde"), a U.S.-based defense technology start-up specializing in airborne based subsurface imaging.
Under the LOI, Gunnison will provide access to its district-scale land package in southeastern Arizona, allowing Lunasonde to test and refine its advanced experimental remote sensing technology. The goal is to accelerate the identification of new copper, other critical minerals, and rare earth element targets within the Company's Cochise Mining District assets.
"Geology like that of the Cochise Mining District has been known to host at least 12 of the Critical Minerals so important to the US supply chain, yet most of this geology lies, un-explored, beneath thick alluvial cover. We are delighted to explore this partnership with Lunasonde who's technology has the potential to see through this cover and make new discoveries," stated Stephen Twyerould, President & Chief Executive Officer.
"Our partnership presents an unparalleled opportunity to demonstrate how Lunasonde can accelerate critical mineral exploration," says Jeremiah Pate, Lunasonde's Founder and Chief Technology Officer.
The parties intend to apply for funding of this venture under the United States Department of Energy ("DOE") ROCKS (Reliable Ore Characterization with Keystone Sensing) Program. The transaction remains subject to the negotiation and execution of definitive agreements, successful submission and approval of the DOE funding application, and customary closing conditions.
ABOUT GUNNISON COPPER
Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer that controls the Cochise Mining District (the district), containing 12 known deposits within an 8 km economic radius, in the Southern Arizona Copper Belt.
Its flagship asset, the Gunnison Copper Project, has a Measured and Indicated Mineral Resource containing over 831.6 million tons with a total copper grade of
The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
In addition, Gunnison's Johnson Camp Asset, which is now in production, is fully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of up to 25 million lbs of finished copper cathode annually.
Other significant deposits controlled by Gunnison in the district, with potential to be economic satellite feeder deposits for Gunnison Project infrastructure, include Strong and Harris, South Star, and eight other deposits.
For additional information on the Gunnison Project, including the PEA and mineral resource estimate, please refer to the Company's technical report entitled "Gunnison Project NI 43-101 Technical Report Preliminary Economic Assessment" dated effective November 1, 2024, and available on SEDAR+ at www.sedarplus.ca.
Dr. Stephen Twyerould, Fellow of AUSIMM, President and CEO of the Company is a Qualified Person as defined by NI 43-101. Dr. Twyerould has reviewed and is responsible for the technical information contained in this news release.
For more information on Gunnison, please visit our website at www.GunnisonCopper.com
ABOUT LUNASONDE
Lunasonde Inc. is a defense and mineral exploration technology startup dedicated to revolutionizing subsurface sensing using its novel radar system capable of discerning underground features from aerial and space platforms. Their mission is to address the scarcity of critical minerals and life-sustaining natural resources by delivering rapid, high-resolution subsurface data via aerial radar combined with advanced processing pipelines. The company's solutions support commercial, defense, and humanitarian applications-enabling resource mapping, recurring monitoring, and exploration in environmentally sensitive or politically challenging areas on Earth, and, ultimately, celestial bodies.
For more information, please visit www.lunasonde.com.
For further information regarding this press release, please contact:
Gunnison Copper Corp.
Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018
Melissa Mackie
T: 647.533.4536
E: info@GunnisonCopper.com
www.GunnisonCopper.com
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to: (i) the intention to deploy the Nuton® technology at the Johnson Camp mine and future production therefrom; (ii) the continued funding of the stage 2 work program by Nuton; (iii) the details and expected results of the stage two work program; (iv) timelines for future production and production capacity from the Company's mineral projects; (v) details of the transaction with Lunasdone; (vi) the potential for identification of new copper and rare earth element targets; (vii) the results of the preliminary economic assessment on the Gunnison Project; and (viii) the exploration and development of the Company's mineral projects.
In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the parties will execute a definitive agreement and receive DOE funding, Nuton will continue to fund the stage 2 work program, the availability of financing to continue as a going concern and implement the Company's operational plans, the estimation of mineral resources, the realization of resource and reserve estimates, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, failure to execute a definitive agreement with Lunasonde, failure to receive DOE funding, Nuton failing to continue to fund the stage 2 work program, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267729
FAQ
What is the purpose of Gunnison Copper's partnership with Lunasonde?
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How many critical minerals could be present in GCUMF's Cochise Mining District?
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