Excelsior Mining Announces Name Change to Gunnison Copper
NEWS RELEASE
Excelsior Mining Announces Name Change to Gunnison Copper
November 12, 2024
Excelsior Mining Corp. (TSX: MIN) (OTCQB: EXMGF) (FSE: 3XS) is pleased to announce it is
completing a corporate name change to “ Gunnison Copper Corp.” ("Gunnison" or the “Company”)
with a new stock symbol “GCU” on the TSX.
Effective market open on November 14th, 2024, the Company will begin trading under the new name
and stock symbol. The Company’s ISIN and CUSIP numbers will change to CA4028801088 and
402880108, respectively.
No action will be required by existing shareholders with respect to the name change. Certificates
representing common shares of the Company will not be affected by the name change and will not need
to be exchanged.
ABOUT GUNNISON COPPER
Gunnison is a mineral exploration and development company that owns the Gunnison Copper Project,
the Johnson Camp Mine, and a portfolio of exploration projects, including the Peabody Sill and the Strong
and Harris deposits, in Cochise County, Arizona. The past producing Johnson Camp Mine is in Stage 2
of a process with Nuton LLC, a Rio Tinto Venture to restart the mine using Nuton technologies, with first
copper expected to be produced in 2025.
For more information on Gunnison, please visit our website at www.gunnisoncopper.com.
For further information regarding this press release, please contact:
Gunnison Copper Corp.
Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018.
Shawn Westcott
T: 604.365.6681
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 details and expected results of the stage two work program; and (iii) future production
and production capacity from 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",
2
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
amended permit will not be appealed, work plans will be approved in a timely manner, the availability of financing
to continue as a going concern and implement the Company’s operational plans, the estimation of mineral resources
and mineral reserves, the realization of resource and reserve estimates, expectations and anticipated impact of the
COVID-19 outbreak, 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, 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 and the impact of any resurgence of COVID-
19 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.