Excelsior Mining Corp. is pleased to provide the following update for the Gunnison Copper Project in Arizona. Limited operations in response to the COVID-19 pandemic have been implemented in order to optimize many aspects of the production wellfield. Highlights from the wellfield optimization program include: The issue of copper precipitates and other precipitates blocking wells has been solved; the upgrades to the [...]
Excelsior Mining Corp. is pleased to announce the hiring of Robert Winton as the new General Manager and Senior Vice President of the Gunnison Copper Project. In this role, Mr. Winton will be responsible for all facets of the mining operations at the Company's in-situ copper project in southern Arizona. "We are very pleased that Robert Winton has joined our team; Excelsior will benefit from his proven track record of [...]
Excelsior Mining Corp. is providing an update on its temporary suspension of operations . As the duration of the suspension remains unknown at this time, Excelsior is taking steps to conserve cash and maintain a robust balance sheet. Excelsior is reducing its workforce, while retaining the personnel necessary to maintain the facilities and sustain environmental monitoring and compliance requirements. The Gunnison Copper [...]
Excelsior Mining Corp. announces that the previously announced retrofit and wellfield upgrades have been successfully completed . However, in response to the unfolding global COVID-19 pandemic, the Board of Directors has determined that the most responsible decision in terms of prioritizing employee health and safety is to place the Gunnison Copper Project on temporary suspension. With the completion of the retrofit and [...]
Excelsior Mining Corp. is pleased to announce that the Company has entered into a purchase and sale agreement with Trafigura Trading LLC for 100% of copper cathode production during 2020 from the Gunnison Copper Project in Southern Arizona. The Offtake Agreement has been concluded on commercially competitive terms. The Company is forecasting first copper production in Q2 of this year. Trafigura Group Pte. Ltd. is a market [...]
Excelsior Mining Corp. is pleased to confirm that wellfield optimization at the Gunnison Copper Project in Southern Arizona is progressing as planned. Excelsior previously announced some changes to the production wellfield in order to improve efficiency for long-term production performance. These changes are expected to be completed in March, 2020, and the Company is forecasting first copper production in Q2 of this year [...]
Excelsior Mining Corp. is pleased to provide an update following the first month of mining operations at the Gunnison Copper Project in Southern Arizona. Excelsior has collected a significant amount of data over the first month of operations and based on the data has identified optimization programs that are currently being implemented. Excelsior is initiating the following optimizations to the production wellfield [...]
Excelsior Mining Corp. is pleased to provide an update on operations at the Gunnison Copper Project in southern Arizona. Initial copper recovery grades are exceeding feasibility study expectations. Pregnant leach solution grade is currently measuring 0.15 grams per liter copper in the primary recovery pond; this milestone is ahead of schedule and keeps Excelsior on pace for copper production this quarter. "We have the [...]
Excelsior Mining Corp. confirms the successful commencement of mining operations at the Gunnison Copper Project in southern Arizona. Following a comprehensive commissioning program that has been ongoing for several weeks, regulatory approval to commence mining operations through the injection of acid was recently received from the Environmental Protection Agency . Delivery of mining fluids to the copper orebody has [...]
Excelsior Mining Corp. confirms that approval to commence mining operations through the injection of acid has been received from the Environmental Protection Agency. Delivery of mining fluids to the copper orebody is scheduled to begin before year-end at the Gunnison Copper Project in southern Arizona. First copper cathode sales are expected in Q1, 2020. Throughout the mine build out, Excelsior has maintained a focussed [...]
Excelsior Mining Corp. announces that it and its wholly-owned subsidiary Excelsior Mining Arizona, Inc. have entered into an agreement with Nebari Natural Resources Credit Fund I LP for a US$15 million credit facility . The Credit Facility provides for an initial draw of US$5 million , and two additional draws of US$5 million each at the sole option of Excelsior Arizona. There are no common shares, warrants or other [...]
Excelsior Mining Corp. provides a construction update ahead of the commencement of mining operations at the Gunnison Copper Project in southern Arizona. Excelsior remains on-schedule for first copper cathode production in Q4 2019. All significant construction related to wellfield operations is now complete. Wet commissioning is currently being conducted; whereby down-hole pumps are being turned on and water is being [...]
+60,66 %
-33,33 %
