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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

Comment by Richiechileon Aug 27, 2021 7:09am
442 Views
Post# 33774775

RE:Comprehensive Update…

RE:Comprehensive Update…An update post labor day would be timely...  The CEO presents very well so a webinar talking through progess on the wellfield would be much appreciated.  For me catalysts for the share price are i) Acid breakthrough i.e. ability to operate well pairs on raffinate only without impaired flow rates ii) Progress opening up new wellfield pairs with the water/acid cycling to clear our the calcite iii) Progress on key wellfield metrics such as PLS flow rates, PLS grades net acid injection, number of wellfield pairs operating on rafinate only, number of wellfield pairs operating on water/acid cycling  etc iv) Estimate of breakeven production.   Given the current copper price and the last quarterly financial report my guess is this would be around 250-350,000lbs month, or around 15% of nameplate production v) Bottlenecks such as water for flushing or evaporation to maintain wellfield balance.    
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