Excelsior Mining Successfully Concludes Permitting Process
Real Estate Daily News
Phoenix, Arizona – Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) announced that the Class III Underground Injection Control Area Permit for the Gunnison Copper Project is now active and good for production of up to 125 million pounds of pure copper cathode per annum. All required state and federal operating permits have now been successfully obtained.
Stephen Twyerould, President & CEO, said, “I’m extremely proud of our team that have worked so diligently with regulatory agencies, community and stakeholders to deliver this significant milestone. It represents a tremendous value-creation step as we continue moving towards production in what will be one of the most environmentally friendly and cost-effective copper projects in North America.”
The Chairman of Excelsior Mining, Mark Morabito, added, “With the appeal process officially exhausted, we now have a fully permitted project that is genuinely on the cusp of achieving low cost copper production through the most environmentally friendly process available within the industry today. I congratulate the entire Excelsior team on achieving this positive outcome, and I look forward to seeing Excelsior unlock the true value of this tremendous asset.”
