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PHOENIX, Ariz.–(Newsfile Corp. – December 05, 2022) – Excelsior Mining Corp. (TSX: MIN) (FSE: 3KSS) (OTCKB: EKSMGF) (“Excelsior” or the “Company”) announces with sadness that board member Mr. Jim Kolbe. Mr. Kolbe has been a director of the Company for over 10 years and has provided valuable guidance and insight during his tenure. Before joining the company, Mr. Kolbe was an 11-term congressman from Arizona.
“Jim Kolbe was an outstanding congressman, public servant and citizen. Ethical, courageous and effective. He brought those same attributes to our board – as a director, audit chair and friend. He will be missed,” said Chairman Fred DuVal.
“Jim will be greatly missed by all who knew him,” said CEO Stephen Twyerold.
ABOUT EXCELSIOR MINING
excelsior”Copper Solution Company” is a mineral exploration and production company that owns and operates the Gunnison Copper Project in Cochise County, Arizona. The project is a low-cost, environmentally friendly in-situ copper extraction project permitted for up to 125 million pounds per year of cathode copper. Excelsior also owns the former Johnson Camp mine. and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris fields.
For more information about Excelsior, please visit our website at www.ekcelsiormining.com.
For additional information regarding this press release, please contact:
Excelsior Mining Corp.
Concord Place, Suite 300, 2999 North 44thth Street, Phoenix, AZ, 85018.
Shawn Westcott
T: 604.365.6681
And: [email protected]
www.ekcelsiormining.com
Caution regarding forward-looking information
This release contains “forward-looking information” regarding expected developments and events that may occur in the future. Forward-looking information contained in this release includes, but is not limited to, statements regarding the details of future operating plans.
In certain cases, forward-looking information may be identified by the use of words such as “plans”, “expects” or “does not expect”, “budget”, “planned”, “estimates”, “forecasts”, “intends” , “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “could”, “occur” or “be achieved” suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this statement is based on certain factors and assumptions regarding, among among other things, the availability of financing for the implementation of the Company’s operational plans, the assessment of mineral resources and mineral reserves, the realization of the assessment of resources and reserves, expectations and the expected impact of the outbreak of COVID-19, the price of copper and other metals, the timetable and the amount of future development costs, the assessment of initial and sustainable capital requirements, assessment of labor and operating costs (including acid price), availability of labor, materials and acid supply, receipt and compliance with necessary regulatory approvals and permits, assessment of insurance coverage and assumptions regarding currency fluctuations, environmental risks, disputes about ownership or claims and other similar matters. Although the Company believes these assumptions are reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that could cause the Company’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. . Such factors include risks inherent in the construction and operation of mineral deposits, including risks related to changes in design parameters as plans continue to be redefined, including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to variations in minerals. resources and reserves, degree or rates of recovery, risks related to the ability to access infrastructure, risks related to changes in the prices of copper and other commodities and world demand and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions and the impact of COVID-19 on the Company’s operations, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply under on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labor disputes, increases in capital and operating costs and the risk of delays or cost increases that may arise during the construction or mining process, regulatory risks including the risk that permits are not obtained on time or at all, financing, capitalization and liquidity risks, risks related to disputes over property rights and interests, environmental risks and additional risks identified in the “Risk Factors” section of the Company’s reports and filings with the relevant Canadian securities regulators.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking information, there may be other factors that cause actions, events or results to differ materially from those described in the forward-looking information. be in accordance with expectations, estimates or intended. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this release. Except as required by applicable securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking information.
To view the original version of this press release, visit https://www.nevsfilecorp.com/release/146806
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