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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 metalhead666on May 16, 2021 3:21pm
189 Views
Post# 33211643

RE:Can it get any worse?

RE:Can it get any worse?The entire project was "modeled" in a lab...and that is the problem. They never bothered to build a pilot plant to test it in the field. They obviously never planned for CO2 fizzing or the pumps getting clogged or the wellfield spacing not allowing breakthrough etc etc etc....The only "matter of time" that matters is geologic time and that's measured in millions and billions of years. The geology is never going to change here.  For the life of me I can't fathom why any of you would cling to this failure....check that...multiple failures when there are so many other far better defined opportunities...like Taseko, Nevada Copper, European Metals, Vulcan Energy Resources to name my favorites in lithium and copper.  Human beings are strange creatures...so full of self delusion, wish thinking, confirmation bias, superstition etc...unreal.  The problems here aren't typical mining start up issues they are fundamental mis-calculations and desperate hope of a means to salvage things. 
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