InvestorsHub Logo
Followers 7
Posts 454
Boards Moderated 0
Alias Born 07/15/2017

Re: None

Wednesday, 08/15/2018 5:24:50 PM

Wednesday, August 15, 2018 5:24:50 PM

Post# of 3591
Looks like Excelsior Mining picked up about $4.8 million additional cost liability for the eventual asset retirement obligations for the Johnson Mining Camp. That'll affect the overall "all in cost" somewhat (not sure how much per pound of copper). Total asset retirement obligation (for reclamation/remediation of the Johnson Mining Camp) is about $9.3 million, up about $4.8 million from prior amount.

See page 8 of the recently released interim financial statement for the 6-month period ended on June 30, 2018:

https://www.sedar.com/CheckCode.do;jsessionid=0000T5lh1k3k7hwxjbI78Z96dS6:188setvlh