Excelsior Mining Corp T.MIN

Alternate Symbol(s): EXMGF

Metals & Mining Industrial Metals & Minerals

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.

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Excelsior Mining Corp

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Comment by ArizonaBillyon Nov 17, 2016 11:21am

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Post# 25475053

RE:RE:NEWS RELEASE

The $14 million should be sufficient capital to bring the Gunnison project through the permitting process. which is anticipated to be accomplished by the end of Q2 2017. Additional capital will be needed for construction. Hopefully, the company will utilize debt and streaming financing for construction and avoid shareholder dilution. Meanwhile, we're all waiting for the final Feasibility Study which should be complete by the end of 2016.

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