Excelsior Mining Corp (EXMGF)

[Arizonabilly]

From the Dow Jones Newswire: Excelsior Mining could unlock value at its historic Johnson Camp copper mine in Arizona with an agreement to use Rio Tinto's Nuton copper heap-leaching technologies, a positive for its share price, Scotia Capital says. Test work is expected to begin this quarter, and if successful the companies will work toward negotiating commercial terms for full-scale deployment of the technologies at the mine restart. The tech has the potential to produce additional copper more cost effectively, and could reduce waste from new and continuing operations, Scotia notes. It has a C$0.30 target on Excelsior shares, which are now up 13% at C$0.23. ([e-mail])