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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 ArizonaBillyon Jul 19, 2016 5:08pm
184 Views
Post# 25066680

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Article for you guys

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Article for you guysI spoke this morning with JJ Jannex.  Since my office is only 15 minues away from Excelsior's office here in Phoenix, he is arranging for me to meet with Twyerould sometime next week.  I want to discuss how they expect to finance development once permits are received.

Jannex said that everything is on the table including debt, equity, streaming, and a combination of all three.  Not his call to make but he seemed to be pretty current on Excelsior's strategies.

Once I meet with Twyerould I will post notes of my conversation.

Regarding permitting, Jannex said that they continue to work with ADEQ and the EPA and everything is on schedule.  There is some isolated local opposition from a handful of people in Dragoon but they lack funds and will not be able to dispute the technicals of the project.  He compared Gunnison to Taseko's Florence in-situ project.  That project is zoned residential and requires rezoning which the locals are reluctant to do.  Gunnison is zoned for mining and has the backing of the local Cochise County government, according to Jannex.
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