Exhibit
99.1

NEWS
RELEASE
Gunnison
Copper Confirms High-Grade Massive Copper-Zinc-Silver Sulfides at Strong & Harris, including 40 Feet Grading 5.1% Copper and 12.0%
Zinc
Drilling
intersects 311 feet grading 1.39% copper and 2.29% zinc; flotation testing evaluates potential sulfide processing options, including
by-product metal recovery
November
10, 2026
Phoenix,
Arizona — Gunnison Copper Corp. (NYSE-A: GUNN) (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) (“Gunnison” or the “Company”),
an American copper producer headquartered in Phoenix, Arizona, is pleased to announce initial assay results from its ongoing 2026–2027
drilling program at the flagship Gunnison Copper Project and its high-grade Strong & Harris satellite deposit in southern Arizona.
Results include a significant high-grade copper-zinc-silver massive sulfide intersection at Strong & Harris, alongside continued
advancement of the Company’s robust metallurgical testing program. The results of SHM-2 confirm the high-grade mineralization in
the resource model and highlight the potential for additional high-grade mineralization within the broader Gunnison district as the Company
advances technical studies.
Highlights
| ● | High-grade
massive sulfide intersection at Strong & Harris: Drill hole SHM-2 intersected 40
feet grading 5.15% copper, 11.99% zinc and 16.38 g/t silver (approximately 0.53 oz/t) within
a broader mineralized interval of 311 feet grading 1.39% copper and 2.29% zinc, confirming
a high-grade zone represented in the existing resource model. |
| | | |
| ● | Broad
copper mineralization at the Gunnison Project: Drill hole NSM-18 intersected 790.3 feet
grading 0.46% copper, while NSM-22 intersected 738.3 feet grading 0.43% copper. |
| | | |
| ● | Drilling
program advancing: A total of 27,953 feet of drilling across 25 holes has been completed
at Gunnison and Strong & Harris as part of the planned approximately 138,000-foot, 120-hole
program. |
| | | |
| ● | Comprehensive
metallurgical program underway: Testing across seven laboratories is evaluating heap
leaching, sulfide leaching, material sorting, flotation and solvent extraction to support
process optimization and the ongoing technical report. |
Craig
Hallworth, President and CEO of Gunnison Copper, commented:
“These
initial drilling results reinforce the significant potential of our Gunnison district, particularly at Strong & Harris, where we
have confirmed the high-grade copper-zinc-silver mineralization in our resource model, including 40 feet grading over 5.1% copper and
12.0% zinc. Our drilling and metallurgical programs are building the technical understanding needed to evaluate how this mineralization
could contribute to Gunnison’s development.”
“Our
next priority is to understand how best to recover that metal. Flotation testing is evaluating a potential concentrator route for sulfide
material, including opportunities to recover zinc and silver alongside copper, while our heap-leach program continues to advance the
flagship Gunnison Project oxide copper. By advancing these initiatives in parallel, we are positioning Gunnison to become a major source
of American copper production.”
Strong
& Harris – High-Grade Copper-Zinc-Silver Mineralization
Drilling
at Strong & Harris has intersected significant copper-zinc mineralization, including a high-grade massive sulfide interval in hole
SHM-2, confirming a high-grade zone represented in the existing resource model.
Hole
SHM-2 returned 311 feet grading 1.39% copper, 2.29% zinc and 6.41 g/t silver, including 40 feet grading 5.15% copper, 11.99% zinc and
16.38 g/t silver.
Additional
drilling in SHM-1 and SHM-3 intersected copper-zinc mineralization, providing further information for the Company’s ongoing technical
evaluation of the deposit.
Figure
1: Drill Core from SHM2-1 (586 to 588 feet)

Figure
2: Drill Core from SHM2-1 (588 to 590 feet)
Drilling
Results
The
Company’s ongoing drilling program is designed to support resource definition, metallurgical characterization, expansion and exploration
across the Gunnison Project and Strong & Harris deposit.
Table
1: Selected Drill Results
| Hole ID | |
From (Ft) | | |
To (Ft) | | |
Interval (Ft) | | |
Estimated True
Thickness (Ft) | | |
TCu% | | |
Zn% | | |
Ag ppm | |
| NSM-17A | |
| 574.0 | | |
| 963.2 | | |
| 389.2 | | |
| 298.1 | | |
| 0.53 | | |
| | | |
| | |
| | |
| 1045.0 | | |
| 1520.0 | | |
| 475.0 | | |
| 363.9 | | |
| 0.35 | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| NSM-18 | |
| 577.0 | | |
| 1367.3 | | |
| 790.3 | | |
| 605.4 | | |
| 0.46 | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| NSM-22 | |
| 578.7 | | |
| 1317.0 | | |
| 738.3 | | |
| 565.6 | | |
| 0.43 | | |
| | | |
| | |
| | |
| 1402.2 | | |
| 1642.0 | | |
| 239.8 | | |
| 183.7 | | |
| 0.25 | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| SHM-1 | |
| 640.0 | | |
| 767.0 | | |
| 127.0 | | |
| 89.8 | | |
| 0.30 | | |
| 0.29 | | |
| 3.5 | |
| | |
| 826.0 | | |
| 904.0 | | |
| 78.0 | | |
| 55.2 | | |
| 0.49 | | |
| 0.34 | | |
| 6.5 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| SHM-2 | |
| 525.0 | | |
| 836.0 | | |
| 311.0 | | |
| 269.3 | | |
| 1.39 | | |
| 2.29 | | |
| 6.41 | |
| Including | |
| 576.0 | | |
| 616.0 | | |
| 40.0 | | |
| 34.6 | | |
| 5.15 | | |
| 11.99 | | |
| 16.38 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| SHM-3 | |
| 899.0 | | |
| 967.0 | | |
| 68.0 | | |
| 48.1 | | |
| 0.31 | | |
| 0.47 | | |
| 3.85 | |
Estimated
true thicknesses are calculated using drill-hole orientation and interpreted formation dip. Drill intervals are reported as downhole
lengths
Evaluation
of a Potential Concentrator Processing Route
In
parallel with heap-leach optimization, the Company is conducting flotation testing at FLSmidth to evaluate a potential concentrator processing
route for sulfide mineralization at Gunnison and Strong & Harris, including the high-grade copper-zinc-silver mineralization intersected
in SHM-2. This work will assess the potential to recover sulfide copper and zinc into saleable concentrates and silver as a payable byproduct
with processing into finished metal intended to be performed in the United States.
The
flotation program addresses sulfide processing options, while material-sorting and heap-leach testing evaluate the planned leach processing
route. Reported assay grades do not establish metallurgical recoveries, concentrate quality, byproduct payability or suitability for
heap leaching. Further test work and technical and economic evaluation are required to determine whether a concentrator could form part
of a future development plan.
2026–2027
Drilling Program Progress
Gunnison
continues to advance its planned ~138,000-foot drilling program across the Gunnison Project and Strong & Harris deposit, comprising
resource, metallurgical, expansion and exploration drilling.
To
date, the Company has completed ~28,000 feet across 25 drill holes, representing approximately 20% of the total planned footage.
Table
2: Gunnison Drilling Progress
| Gunnison |
| Drill Plan | |
Plan (ft) | | |
Complete (ft) | | |
DH Plan | | |
DH Complete | |
| Resource | |
| 60,100 | | |
| 4,428 | | |
| 44 | | |
| 2 | |
| Metallurgy | |
| 9,140 | | |
| 8,808 | | |
| 9 | | |
| 8 | |
| Exploration | |
| 19,000 | | |
| 1,030 | | |
| 8 | | |
| 1 | |
| Sub Totals | |
| 88,240 | | |
| 14,266 | | |
| 61 | | |
| 11 | |
Table 3: Strong & Harris Drilling Progress
| S&H |
| Drill Plan | |
Plan (ft) | | |
Complete (ft) | | |
DH Plan | | |
DH Complete | |
| Resource | |
| 32,945 | | |
| 7,455 | | |
| 31 | | |
| 7 | |
| Metallurgy | |
| 16,815 | | |
| 6,232 | | |
| 28 | | |
| 7 | |
| Exploration | |
| 0 | | |
| 0 | | |
| 0 | | |
| 0 | |
| Sub Totals | |
| 49,760 | | |
| 13,687 | | |
| 59 | | |
| 14 | |
Table 4: 2026-2027 Drill Plan Progress
| 2026 - 2027 Drill Plan |
| Drill Plan | |
| Plan (ft) | | |
| Complete (ft) | | |
| DH Plan | | |
| DH Complete | |
| Resource | |
| 93,045 | | |
| 11,883 | | |
| 75 | | |
| 9 | |
| Metallurgy | |
| 25,955 | | |
| 15,040 | | |
| 37 | | |
| 15 | |
| Exploration | |
| 19,000 | | |
| 1,030 | | |
| 8 | | |
| 1 | |
| Sub Totals | |
| 138,000 | | |
| 27,953 | | |
| 120 | | |
| 25 | |
Table
5: Drill Hole Locations and Orientations
| Drill Hole_ID | |
Project | |
East (m) | | |
North (m) | | |
Elevation (ft) | | |
Azimuth | | |
Dip | | |
Depth (ft) | |
| NSM-017A | |
Gunnison | |
| 590,158 | | |
| 3,549,910 | | |
| 4,833 | | |
| 0 | | |
| -90 | | |
| 1,520 | |
| NSM-018 | |
Gunnison | |
| 590,348 | | |
| 3,549,760 | | |
| 4,804 | | |
| 0 | | |
| -90 | | |
| 1,530 | |
| NSM-022 | |
Gunnison | |
| 590,540 | | |
| 3,549,670 | | |
| 4,789 | | |
| 0 | | |
| -90 | | |
| 1,600 | |
| SHM-001 | |
S &
H | |
| 588,412 | | |
| 3,554,732 | | |
| 4,884 | | |
| 0 | | |
| -90 | | |
| 975 | |
| SHM-002 | |
S &
H | |
| 588,399 | | |
| 3,554,805 | | |
| 4,894 | | |
| 225 | | |
| -75 | | |
| 975 | |
| SHM-003 | |
S &
H | |
| 588,366 | | |
| 3,555,468 | | |
| 4,834 | | |
| 0 | | |
| -90 | | |
| 965 | |
Sampling,
Analytical Methods and QA/QC
All
samples are prepared from manually split or sawn PQ core sections on site in Arizona. Split drill core samples are then sent to independent
laboratory ALS Global in Reno, Nevada for Total Copper and Sequential Copper analyses. Standards, blanks, and duplicate assays are included
at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control Program. Pulps
and sample rejects are stored by Gunnison for future reference.
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 main pit Measured and Indicated Mineral Resource containing over 846 million tons
with a total copper grade of 0.33% containing 5.19 billion pounds of copper (Measured Mineral Resource of 192 million tons at 0.37% containing
1.42 billion pounds of copper and Indicated Mineral Resource of 655 million tons at 0.31% containing 3.77 billion pounds of copper).
The
Strong & Harris satellite deposit, located approximately 1.9 miles from the Gunnison processing facilities, is also included in the
mine plan and hosts an Inferred Mineral Resource of 76 million tons grading 0.49% total copper (0.32% CuOx) at a 0.07% cutoff, 0.56%
zinc and 0.12 oz/ton silver, containing approximately 740 million pounds of copper, including 483 million pounds of oxide copper, as
well as zinc (856 million pounds) and silver (9.0 million ounces).
A
preliminary economic assessment (“PEA”) was completed in March 2026 for the Gunnison Project yielding robust economics including
an NPV8% of $2 billion, IRR of 22.5%, and payback period of 3.9 years. It is being developed as a conventional operation with open pit
mining, heap leach, and SX/EW refinery to produce finished copper cathode on-site with direct rail link. 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 South Star, and eight other deposits.
For
more information on the Company, please visit our website at www.GunnisonCopper.com.
For
additional information on the Gunnison Project please refer to the technical report titled “Gunnison Project NI 43-101 Technical
Report, Preliminary Economic Assessment, Cochise County, Arizona, USA” with an effective date of March 18, 2026 filed on SEDAR+
at www.sedarplus.ca.
For
additional information on the Johnson Camp Mine please refer to the technical report titled “Johnson Camp Mine NI 43-101 Technical
Report, Cochise County, Arizona, USA” with an effective date of March 18, 2026 filed on SEDAR+ at www.sedarplus.ca.
Dr.
Roland Goodgame, Senior VP of Project Development of the Company is a Qualified Person as defined by NI 43-101. Dr. Goodgame has reviewed
and approved the technical information contained in this news release.
Dr.
Goodgame has reviewed and verified technical data disclosed in this news release and has not detected any significant QA/QC issues during
review of the data and is not aware of any sampling, recovery or other factors that could materially affect the accuracy or reliability
of the drilling data referred to herein. The verification of data underlying the disclosed information includes reviewing compiled assay
data; QA-QC performance of blank samples, duplicates and certified reference materials; and grade calculation formulas.
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) future production and production
capacity from the Company’s mineral projects; (v) the results of the preliminary economic assessment on the Gunnison Project; (vi)
the exploration, development, optimization and permitting of the Company’s mineral projects; (vii) the Company’s ongoing
metallurgical testing program, including flotation testing and evaluation of a potential concentrator processing route for sulfide mineralization;
and (ix) the Company’s customer and supply chain relationships.
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 Company will continue to satisfy the continued listing requirements of the NYSE American,
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 ability to achieve the conclusions of the PEA, the estimation of mineral resources, the realization
of resource estimates, copper and other metal prices, the achievement of satisfactory metallurgical recoveries and concentrate quality,
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, timelines for government review of permit applications, 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,
Nuton failing to continue to fund the stage 2 work program, that the Company fails to maintain the listing of its ADRs on the NYSE American,
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 Johnson Camp Project, mining does
not commence at the Gunnison Copper Project, the assumptions and conclusions set out in the PEA prove incorrect, risks that metallurgical
testing may not yield commercially viable recovery rates or concentrate specifications, risks related to the delay in review and approval
of work plans and permits, 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 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 and the U.S. Securities and Exchange
Commission.
Although
the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does
not undertake to update any forward-looking information, except in accordance with applicable securities laws.