Excelsior Mining

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 […]

Excelsior Mining – Time to take some money off the table

Excelsior Mining – Time to take some money off the table

Excelsior Mining (MIN.V) has released an excellent pre-feasibility study last Friday which sent the share price soaring to an almost 2 year high. Even though the PFS shows excellent economics, we are surprised by the market reaction, as there has been no material change since the PEA. The higher NPV […]

Report: Excelsior Mining

Report: Excelsior Mining

Excelsior continues to de-risk the ISR copper project, and the upcoming PEA should put the company on the radar. We expect several additional hydrological test holes to be completed over the next year, and each one should add more confidence to the project.