Mr. Craig Hallworth reports

GUNNISON COPPER APPOINTS BJORN MEYER AS CHIEF OPERATING OFFICER

Gunnison Copper Corp. has appointed Bjorn Meyer as chief operating officer (COO), further strengthening the company's leadership team as it advances production at Johnson Camp mine and accelerates Gunnison copper project development. Mr. Meyer succeeds Robert Winton, who played an important role in advancing the Johnson Camp mine through construction, commissioning and into production over a more than five-year tenure with the company.

Mr. Meyer brings more than 20 years of Arizona mining experience with a strong record of operational leadership, mine development, engineering, project execution and continuous improvement across large-scale copper operations in Arizona.

Most recently, Mr. Meyer served as president of Cripple Creek & Victor Mining Company, an SSR Mining operation, where he led the integration of the newly acquired asset, developed a long-term growth strategy and established a high-performance operating culture. Prior to that, he served as vice-president of operations and executive director of innovation and growth at Panasonic Energy Corp. North America, overseeing the launch of a $5.5-billion (U.S.) battery manufacturing facility. Previously, during a 20-year career with Asarco, including more than a decade as general mine manager of the mission complex, Mr. Meyer held senior leadership roles overseeing large-scale copper mining and processing operations, engineering, innovation, and operational excellence.

In his role as chief operating officer, Mr. Meyer will oversee the company's operating activities, including Johnson Camp mine, and contribute his expertise to accelerating the Gunnison copper project.

Craig Hallworth, president and chief executive officer of Gunnison Copper, commented: "We are delighted to welcome Bjorn at a transformative time for the company. Bjorn is a highly respected mining executive with extensive operational experience in Arizona's copper industry and a proven ability to lead large teams, drive operational excellence and safely deliver results. His background in mine operations, engineering, project execution and continuous improvement makes him an ideal addition to our leadership team as we continue to grow production at Johnson Camp and accelerate the Gunnison copper project.

"On behalf of the board of directors and the entire Gunnison team, I would also like to sincerely thank Robert Winton for his contributions as chief operating officer. Robert played an important role in advancing Johnson Camp mine through construction, commissioning and into production. We appreciate his leadership and dedication and wish him every success in his future endeavours."

The company also announces the promotion of Scott Harrell to vice-president, people. Mr. Harrell is an accomplished human resources executive with extensive experience in Arizona mining. Mr. Harrell leads Gunnison's human resources function, supporting the company's continued growth while advancing its commitment to safety, work force development, leadership development, employee engagement and its people-first culture.

"We put our people first. The health, safety, well-being and development of our work force are our highest priorities. We foster a culture of respect, accountability, opportunity and care so that every employee can thrive at work and at home," added Mr. Hallworth. "Scott brings a wealth of leadership experience in building strong teams and high-performance cultures. As we continue to grow our operations and development activities, he will be instrumental in attracting, developing and retaining the talented work force needed to achieve our long-term objectives."

These appointments further strengthen Gunnison's leadership team as the company continues to execute on its strategy of becoming a leading domestic copper producer through production growth, project development and district-scale resource expansion in southern Arizona.

About Gunnison Copper Corp.

Gunnison Copper is a multiasset pure play copper developer and producer that controls the Cochise mining district, containing 12 known deposits within an eight-kilometre 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 per cent (measured mineral resource of 192 million tons at 0.37 per cent and indicated mineral resource of 655 million tons at 0.31 per cent).

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 per cent total copper (0.32 per cent CuOx (oxide copper)) at a 0.07-per-cent cut-off, 0.56 per cent zinc and 0.12 per cent 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 a net present value (discounted at 8 per cent) of $2-billion, an internal rate of return of 23 per cent and a payback period of 3.9 years. It is being developed as a conventional operation with open-pit mining, heap-leach and SX/EW (solvent extraction/electrowinning) 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 financed by Nuton LLC, a Rio Tinto venture, with a production capacity of up to 25 million pounds 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.

Dr. Roland Goodgame, senior vice-president of project development of the company, is a qualified person as defined by National Instrument 43-101. Dr. Goodgame has reviewed and is responsible for the technical information contained in this news release.

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