DGAP-News: Excelsior Mining Corp.: Mackie Research Capital Initiates Coverage
(firmenpresse) - DGAP-News: Excelsior Mining Corp. / Key word(s): Study
Excelsior Mining Corp.: Mackie Research Capital Initiates Coverage
08.09.2011 / 15:06
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Excelsior Mining Corp. (TSX-V: MIN) (Frankfurt: 3XS) (OTCQX: EXMGF)
('Excelsior') announces that Mackie Research Capital Corporation ('Mackie')
has initiated equity research coverage of Excelsior.
Following a site visit, Barry Allan, Vice Chair of Mackie Research's Mining
Group, provides an overview of Excelsior and its exploration and
development work at its Gunnison Copper Project located in south-eastern
Arizona.
Mackie's equity research is posted on their corporate website at
www.mackieresearch.com and can be accessed by users upon registration or by
contacting Mr. Allan at Mackie Research, via email at
ballan(at)mackieresearch.com or telephone at 416.860.7612.
All reports on Excelsior prepared by analysts represent the views of such
analysts and are not necessarily those of the Company. Excelsior is not
responsible for the content, accuracy or timelines of any analyst's
website.
About Excelsior
Excelsior is an exploration and development company with a copper project
located within the copper porphyry belt of Arizona. The Gunnison Copper
Project is located close to the required infrastructure and with its
in-situ recovery potential, is intended for near-term production. The
Excelsior team consists of experienced professionals with proven track
records of advancing projects towards production.
Further details about Excelsior can be found at:
http://www.excelsiormining.com. Further information about the Gunnison
Copper Project can be found in the technical report filed on SEDAR at
www.sedar.com entitled: Gunnison Copper Project, Cochise County, Arizona,
USA, Mineral Resource of the North Star dated August 31, 2011.
ON BEHALF OF THE EXCELSIOR BOARD
'Mark Morabito'
Chairman of the Board
T: +1 604-681-8030
F: +1 604-681-8039
www.excelsiormining.com
Cautionary Note Regarding Forward-Looking Information
Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and
financial performance, and often contain words such as 'anticipate',
'believe', 'plan', 'estimate', 'expect', and 'intend', statements that an
action or event 'may', 'might', 'could', 'should', or 'will' be taken or
occur, or other similar expressions. All statements, other than statements
of historical fact, included herein including, without limitation;
statements about future exploration on and the development of the Gunnison
Project and the ability to mine Gunnison using in-situ recovery mining
techniques are forward-looking statements. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or other
future events, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Such factors include, among others, the following risks: the
need for additional financing; operational risks associated with mineral
exploration; fluctuations in commodity prices; title matters; environmental
liability claims and insurance; reliance on key personnel; the potential
for conflicts of interest among certain officers, directors or promoters
with certain other projects; the absence of dividends; competition;
dilution; the volatility of our common share price and volume and the
additional risks identified the management discussion and analysis section
of our interim and most recent annual financial statement or other reports
and filings with the TSX Venture Exchange and applicable Canadian
securities regulations. Forward-looking statements are made based on
management's beliefs, estimates and opinions on the date that statements
are made and the company undertakes no obligation to update forward-looking
statements if these beliefs, estimates and opinions or other circumstances
should change, except as required by applicable securities laws. Investors
are cautioned against attributing undue certainty to forward-looking
statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release, and no
securities regulatory authority has either approved or disapproved of the
contents of this release.
End of Corporate News
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138686 08.09.2011
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Datum: 08.09.2011 - 15:06 Uhr
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News-ID 62782
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