Join Adelaide Capital for a webinar featuring Excelsior Mining (TSX: MIN; OTCQB: EXMGF), an Arizona-focused copper developer with two major development-stage assets in the state.
Excelsior’s largest copper asset, the Gunnison copper project in Arizona, hosts a Measured and Indicated resource of 912 Mtons (0.29% Cu) and an inferred resource of 241 Mtons (0.22% Cu). Results of Excelsior's review may indicate favorable economics for open pit mining of the Gunnison deposit and possible integration of key satellite deposits, within a 5km economic radius of the future processing plant, that host an inferred resource of 76 Mtons (0.52% Cu).
The Johnson Camp mine, a fully permitted past-producing operation is expected to produce its first finished copper cathode product in H1 2025 for domestic sale to American supply chains, such as the clean energy and defense sectors. The mine restart process - started in May 2024 - is a partnership with Nuton LLC, a Rio Tinto Venture with proprietary copper leaching technologies. Excelsior is the project owner and operator, with Nuton LLC funding the construction and start-up costs. Revenue from operations will be used to pay back Nuton's invested capital. Copper production is expected at around 20 to 25 million lbs. of copper cathode annually.
Strategic investors include Nuton LLC, private equity fund Greenstone Resources, royalty and streaming co Triple Flag, Nebari, and Altius. Management holds 3% currently.
➡️ Please refer to https://www.excelsiormining.com/disclaimer for important additional information