Latest News Release
September 14, 2023
Excelsior Mining Corp is a mining company primarily focused on exploring, developing, and extractingExcelsior Mining Corp, a prominent mining company, is recognized by its ticker symbol MIN and holds its position as a publicly traded entity on the TSX stock exchange. With its focus firmly rooted in the mining sector, Excelsior Mining Corp has established itself as a key player in the industry, contributing to the economic landscape through its strategic operations and ventures. The company's presence on the TSX stock exchange highlights its commitment to transparency, investor confidence, and the potential for growth within the mining market. As an influential force in the field, Excelsior Mining Corp continues to navigate the dynamic terrain of mining, leveraging its expertise and resources to maximize opportunities and deliver sustainable value to its shareholders and stakeholders.
Founded in 2005, Excelsior Mining Corp is headquartered in Vancouver, British Columbia, Canada. The company primarily explores copper deposits but may also extract other minerals. Excelsior Mining Corp trades on the TSX (Toronto Stock Exchange) under the symbol "MIN" and on the OTCQX under the symbol "EXMGF."
Excelsior Mining Corp's most prominent project is the Gunnison Copper Project in Cochise County, southeastern Arizona, United States. The project is centered on developing a low-cost, environmentally friendly in-situ recovery (ISR) copper extraction process. This method involves dissolving the copper in the ground using a weak acid solution, then pumping the copper-bearing solution to the surface where the copper is extracted.
Some notable events in the history of Excelsior Mining Corp include:
Acquisition of the Gunnison Copper Project in 2010.
Completion of a positive preliminary economic assessment (PEA) for the Gunnison Copper Project 2012.
Completion of a positive feasibility study for the Gunnison Copper Project in 2016.
Receipt the necessary permits and approvals for the Gunnison Copper Project, including the Environmental Protection Agency (EPA) and the Arizona Department of Environmental Quality (ADEQ) approvals.
Excelsior Mining Corp secured CAD 30 million through a private placement in 2017. This substantial funding was earmarked to facilitate the construction of the esteemed Gunnison Copper Project. Subsequently, construction operations commenced in 2019, with the ambitious objective of initiating copper production by the end of 2020 or the beginning of 2021.