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

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. 

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