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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 mudguyon Oct 08, 2015 8:59pm
98 Views
Post# 24177598

RE:Wow! Great news!

RE:Wow! Great news!The PFS indicates the following costs for the orginal full production capacity:

Table 22-1: Initial Capital Requirement (millions)
Cost Well field $75.3
SX-EW Plant $134.9
Utility, Infrastructure, and Ancillaries $51.4
Owner’s Cost $23.2
[Total] Initial Capital Cost $284.8

This plant is just under four times larger than the plant at Johnson Camp, and the latter is quite capable of handling the production of a smaller scale start.   This is a fantastic savings that should knock about $10M from the $50M small scale capex.   

A tremendous and strategic move by management and Greenstone.  
Bullboard Posts