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Tuesday, 01/11/2022 9:06:14 AM

Tuesday, January 11, 2022 9:06:14 AM

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Excelsior Mining Mobilizes for Drilling of the Johnson Camp Mine and the Strong & Harris and Peabody Sill Deposits, Arizona

January 11, 2022

Excelsior Mining Corp. (TSX: MIN) (OTCQX: EXMGF) (FSE: 3XS) ("Excelsior" or the “Company”) announces that 2 diamond drills have been mobilized to the Johnson Camp Mine (“JCM”), for infill drilling of the Burro and Copper Chief open pits, as well as drilling of the geophysical anomalies at the Strong & Harris and Peabody Sill deposits (“S&H”).

Godbe Drilling LLC. (“Godbe”) from Colorado has been retained to drill 11,000 feet (3,250 meters) infill and metallurgical drilling targeting the Burro and Copper Chief deposits at JCM. The purpose of this drilling is to support the planned restart of copper mining at JCM.

“We are moving quickly on key items related to the JCM restart, which, once operational, will provide cash flow while the raffinate neutralization plant is being designed and built for our flagship asset, the Gunnison Copper Mine.” Comments Stephen Twyerould, President and CEO of Excelsior Mining.

Read more at:
https://excelsiormining.com/news/news-2022/excelsior-mining-mobilizes-for-drilling-of-the-johnson-camp-mine-and-the-strong-harris-and-peabody-sill-deposits-arizona