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Last C$0.24 CAD
Change Today -0.01 / -4.08%
Volume 36.8K
As of 1:09 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

excelsior mining corp (MIN) Snapshot

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excelsior mining corp (MIN) Details

Excelsior Mining Corp. engages in the acquisition, exploration, and development of mineral properties. Its principal project is the Gunnison Copper Project covering an area of 6,405 acres located in Cochise County, Arizona. The company was incorporated in 2005 and is headquartered in Phoenix, Arizona.

Founded in 2005

excelsior mining corp (MIN) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

excelsior mining corp (MIN) Key Developments

Excelsior Mining Corp. Announces Metallurgical Fracture Simulation Tests Validate Prefeasibility Results

Excelsior Mining Corp. announced final metallurgical results for the Gunnison Copper Project in Arizona. These comprehensive results will be incorporated into a full Feasibility Study scheduled for completion in 2016. The final results from ten fracture simulation box tests can be found in Table 1 below. Results indicate that copper leaches rapidly and relatively uniformly across all rock types. Forward modelling of the recovery time curves and acid consumption curves indicate average acid consumption at 100% acid soluble copper recovery (approximately 70% total copper recovery), would be in the range of 8 to 10 pounds of acid consumed for every pound of copper cathode produced. This is consistent with the previously reported Prefeasibility Study that used approximately 8.1 pounds of acid consumed for every pound of copper cathode produced. The fracture simulation leach tests were designed to simulate the leaching of copper from a fracture surface as would occur during in-situ recovery operations at the Gunnison Copper Project. Natural, mineralized, fracture surfaces were taken from drill core representing the major rock and mineralization types found in the deposit. Samples were then embedded in acid resistant epoxy such that all un-natural surfaces of the core were covered by epoxy and the natural, mineralized, fracture surfaces were left exposed to the leach solution. The samples were placed in an approximately 9 foot long by 10 inch wide clear Perspex box with the un-coated mineralized fracture surfaces facing upwards, and the rest of the sample surrounded by epoxy, thereby restricting the leaching process to the fracture surfaces. A clear Perspex lid was placed on top of each box with minimal void space between the lid and the fracture surface. Mature raffinate, at 15 grams per litre acid concentration, was delivered at one end of the box, fully saturating the core, and moving across the fracture surface in a controlled manner, thereby producing copper-rich leach solution that was collected and sampled at the other end of the box.

Excelsior Mining Corp., Annual General Meeting, Aug 19, 2015

Excelsior Mining Corp., Annual General Meeting, Aug 19, 2015., at 09:00 Pacific Standard Time. Location: Borden Ladner Gervais LLP. Agenda: To consider the audited consolidated financial statements of the company for the year ended December 31, 2014 and the report of the auditors thereon; to elect directors of the company on the basis set forth in the accompanying management information circular; to appoint PricewaterhouseCoopers LLP, Independent Registered Chartered Accountants, as auditors of the company for the ensuing year and to authorize the directors to fix the auditors' remuneration; and to transact such other business as may properly come before the meeting or any adjournments thereof.

Excelsior Mining Corp. Completes Hydrology Pump Tests for Feasibility Study

Excelsior Mining Corp. announced that feasibility level hydrological test work has been completed at the Gunnison Copper Project in Arizona. A total of 26 hydrological test wells, totaling 25,870 feet of drilling, were used in the current hydrological test program. The holes were drilled in various locations around the North Star deposit, representing a variety of fractured zones, rock types and mineralized areas. Of the 26 holes drilled, 18 were pump test holes and 8 were observation holes. The pump test holes were pumped for approximately five days and were surrounded by the new observation wells and by numerous pre- existing observation wells. In all, approximately 65 observation wells were monitored during the pump testing, generating a comprehensive high quality data set. The data collected from this program will be used to characterize the various groundwater properties that determine the movement of fluids through the mineralized bedrock. This information will be used to produce 3D hydro-geological models for requisite permit applications and the bankable feasibility study. The 3D hydro-geological models will simulate the planned in-situ recovery process and demonstrate hydraulic control during mining operations. Excelsior management expects the results of all testing, and 3D models will be completed by early third quarter.


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