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    Excelsior Mining Announces Grade of Measured Resource at North Star Deposit: 0.41% Cu

    Investing News Network
    Mar. 04, 2013 01:05PM PST
    Base Metals Investing

    Excelsior Mining Corp. (TSXV:MIN,OTCQX:EXMG) provided updates to the resource estimate for the North Star deposit, part of Excelsior’s Gunnison Copper Project, in Arizona.

    Excelsior Mining Corp. (TSXV:MIN,OTCQX:EXMG) provided updates to the resource estimate for the North Star deposit, part of Excelsior’s Gunnison Copper Project, in Arizona.

    As quoted in the press release:

    Highlights of Gunnison Oxide Resource Upgrade:

    • 34% of metal in previous Indicated resource upgraded to Measured category
    • Grade of Measured resource: 0.41% Cu
    • Results based on 2012 drill program consisting of 10,502 ft (3,150 m) of diamond drilling
    • New resource estimate uses cut-off grade of 0.1% total copper

    Excelsior’s President and CEO, Stephen Twyerould, said:

    By successfully moving a significant percentage of our Indicated resource to the measured category we have increased the geological certainty of the North Star deposit.

    To view the whole press release, click here. 

    excelsior miningtsxv:min
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