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Excelsior Mining Corp T.MIN

Alternate Symbol(s):  EXMGF

Excelsior Mining Corp. is a Canada-based mineral exploration and production company. The Company owns and operates the Gunnison Copper Project in Cochise County, Arizona. The Gunnison Copper Project is an in-situ recovery copper extraction project that is permitted to produce approximately 125 million pounds per year of copper cathode production. The Company also owns the past producing Johnson Camp Mine and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits. Its 100% owned Johnson Camp Mine is located over one mile from the wellfield. The Strong and Harris copper-zinc-silver deposit is located about 1.3 miles north of its Johnson Camp SX-EW facility. The Company is also evaluating the oxide and sulfide potential of all of its mining assets.


TSX:MIN - Post by User

Bullboard Posts
Comment by LCP7777on Jun 30, 2015 1:06pm
198 Views
Post# 23881532

RE:RE:Timing

RE:RE:TimingWell that is a question I can't answer. As the timeline is now pretty tight to production visibility I would hope the current 1/24th of NPV could perhaps go to 1/5th during this time. But who knows. Does a mid tier miner take a run at them in this time frame? I think that is more than likely. Thankfully so much of the company is held by key shareholders it won't be done too cheaply. July news should be key in un-locking value. The company spent somewhere in the $10MM range since last fall aggressively gathering feasibility level data to support the pre-fease assumptions. I suggest you go spend a few hours reading the pre-fease. We already have had a good portion of the metallurgical data reported and it exceeded pre-fease assumptions. They also did extensive hydrological work in 2012 as reported in the pre-fease. More was needed for feasibility level data collection. The point is they know what they need and are looking for and the tech guys seem comfortable when I talk to them (and all the data collection is in now) so I'm not expecting surprises.
Bullboard Posts