Excelsior Mining

Arizona has a positive track record for ISR mining.

Another public comment period extension for Gunnison

Excelsior Mining (MIN.TO) has confirmed the Environmental Protection Agency (‘EPA’) has extended the public comment period on the permitting process of the Gunnison copper project in Arizona by an additional two months. This extension will facilitate a (final?) public meeting, scheduled for February 27th in the town of Dragoon, Arizona. […]

Excelsior Mining on track to close US$30M equity raise

Excelsior Mining on track to close US$30M equity raise

Excelsior Mining (MIN.TO) has already closed the first tranche of its financing after issuing 22.2 million new shares at a price of C$1.00 per share. This allowed the company to raise approximately US$17M in cash proceeds. Not only will this go a long way to fund the initial construction of […]

Johnson Camp Mine

Report: Excelsior Mining – Closing the valuation gap

Not entirely unexpected, Excelsior Mining’s (MIN.TO) share price has performed very well since our initial report in April, going as high as C$1.48 which is 85% higher than the C$0.80 when we published our first report. This increase was caused by a smooth permitting process as well as a substantial […]

No appeals against Excelsior’s state operating permit!

No appeals against Excelsior’s state operating permit!

Excelsior Mining (MIN.TO) reported the ADEQ notified the company it did not receive any appeals during the 30 day appeal window after granting the Aquifer Protection Permit, which was one of the two permits which remained outstanding. Now only the federal Underground Injection Control permit remains outstanding, which has to […]

Excelsior Mining: One permit down, only one more to go!

Excelsior Mining: One permit down, only one more to go!

Excelsior Mining (MIN.TO) has received the Aquifer Protection Permit from ADEQ, the Arizona Department of Environmental Quality. The importance of this milestone should not be underestimated as it was one of the two remaining permits. This means Excelsior Mining now just needs a final federal permit, the only permit still […]

Excelsior Mining – Valuation Call

Excelsior Mining – Valuation Call

We were surprised to see the market’s reaction on the results of Excelsior Mining’s (MIN.V) Pre-Feasibility Study in January and recommended to sell the shares at a price of C$0.53. As the share price has dropped by 31% to the current price of C$0.365, it might be a good idea […]