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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 gold_diggers1on Jul 22, 2016 4:49pm
136 Views
Post# 25077264

RE:Meeting with Steve Twyerould

RE:Meeting with Steve TwyerouldThanks in advance, ArizonaBilly.
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Now that the Johnson Camp is owned by MIN, what is the most likely timeline to be in production, assuming no major hiccups?  Still 2018?
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GLTA
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ArizonaBilly wrote: I am meeting with Steve Twyerould on Wednesday afternoon, July 27 at Excelsior's office in Phoenix.

I intend to ask him about the status of the Gunnison permitting process including potential problems, what they are doing to mitigate any problems that may exist or that they can anticipate, as well as what they may be learning from Taseko's permitting issues with its Florence, Arizona in-situ copper project.

I also want to get his currrent view on how they are going to finance development once permits are in hand.  When I spoke with JJ Jannex earlier he said there will probably be some combination of equity, debt, and perhaps streaming financing.  Jannex is not involved in that decision making process but Twyerould obviosuly is so I'll be getting it from the horse's mouth.

I'm reaching out to this Bullboard to see if anyone has any other questions that may need to be asked.  If so, please respond to this post.

I intend to report back on Thursday.


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