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 duenorth1on Mar 10, 2017 12:13pm

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Post# 25963961

RE:At 2.75 copper, MIN will have a PE of 1 at the current price

This is a great project and will make money several years from now. A reminder that the initial capex has not been financed and currently there is a 3% royalty on Gross Revenue - about $10 mil when min is at full capacity (not untl 2027 at least). If more shares are issues for capex or a streaming deal is made it will have an negative impact on future SP. Hopefully with the proven model they can debt finance the $50m they need to get it up and running

DN

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