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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

Post by marketsenseon Feb 04, 2021 1:03pm
184 Views
Post# 32471472

Ridiculous

RidiculousHow people choose to interpret a report.   They are not struggling to figure out how to get
copper out of the ground.   They are simply working towards optimization of the leaching
process.   Optimization means peak efficiency of the process.    Tweaking the acid  solution
for the carbonate rock to flush out the highest recovery as well as the length of time to
let the acid solution percolate requires testing,  time and retesting.    These tests should
have already been performed before they started into production,  but Covid interferred
with their plans so that testing and optimization are being done now.   The've only got 30%
of the field in production so its still early days to get this perfected.   I'm willing to accept
that and give them a break before I start being critical of the project and mgmt.
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