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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 Sep 11, 2021 10:29am
478 Views
Post# 33844858

RE:RE:CEO Webinar

RE:RE:CEO WebinarI agree. At $4/lb copper there is a lot of value across all the assets for not much incremental investment. However management need to demonstrate a back stop.The news release makes reference to fresh water cycling stopping on the first 5- spot pattern and sustainable flow rates (presumably on acid raffinate). Fresh water cycling has then moved to a second 5-spot. There are 16 x 5 spot wells. What is missing is 1) seeing the PLS grade increasing to design at a sustainable flowrate for the first 5 - spot 2) understanding how quickly the second 5 spot can be 'calcite mined' 3) presumably there is drilling and met testing required for the Johnson pit extensions.
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