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Re: None

Wednesday, 01/18/2017 1:55:20 AM

Wednesday, January 18, 2017 1:55:20 AM

Post# of 3591
One of many highlights from the full NI 43-101 Technical Report Feasibility Study.

1.25 RECOMMENDATIONS
Based on the results of this Feasibility Study, it is recommended that Excelsior proceed with development of the
Project through basic and detailed engineering, once permitting has been obtained and financing is secured. The
engineering for the project is relatively complete. The drilling, mineral resource estimation, wellfield mine planning,
wellfield drilling and infrastructure development and the staged SX-EW plant have all been adequately defined.

^^^