Dundee Capital Markets Initiates Coverage of Excelsior Mining Corp.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 30, 2014) -
Excelsior Mining Corp.
(TSX-VENTURE:MIN)(FRANKFURT:3XS)(OTCQX:EXMGF) ("Excelsior" or the
"Company") announces that Dundee Capital Markets has initiated
equity analyst coverage of Excelsior.
Dundee Capital Markets equity research is posted on their
corporate website at www.dundeecapitalmarkets.com and can be
accessed upon registration or by contacting Mr. Joseph Gallucci,
MBA, at Dundee Capital Markets.
All reports on Excelsior prepared by analysts represent the
views of such analysts and are not necessarily those of Excelsior.
Excelsior is not responsible for the content, accuracy or timelines
of any analyst's website.
About Excelsior
Excelsior is a mineral exploration and development company that
is advancing the Gunnison Copper Project. The Excelsior management
team consists of experienced professionals with proven track
records of advancing mining projects into production.
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, NI 43-101 Technical Report,
Prefeasibility Study" dated February 14, 2014.
For more information on Excelsior, please visit our website at
www.excelsiormining.com.
ON BEHALF OF THE
EXCELSIOR BOARD
Stephen Twyerould,
President & CEO
Cautionary Note Regarding Forward-Looking
Information
This news release contains "forward-looking information"
concerning anticipated developments and events that may occur in
the future. Forward looking information contained in this news
release includes, but is not limited to, statements with respect to
the advancement of the Gunnison Project.
In certain cases, forward-looking information can be
identified by the use of words such as "plans", "expects" or "does
not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved" suggesting future
outcomes, or other expectations, beliefs, plans, objectives,
assumptions, intentions or statements about future events or
performance. Forward-looking information contained in this news
release is based on certain factors and assumptions regarding,
among other things, the estimation of mineral resources and mineral
reserves, the realization of resource and reserve estimates, copper
and other metal prices, the timing and amount of future exploration
and development expenditures, the estimation of initial and
sustaining capital requirements, the estimation of labour and
operating costs, the availability of necessary financing and
materials to continue to explore and develop the Gunnison Project
in the short and long-term, the progress of exploration and
development activities, the receipt of necessary regulatory
approvals, the completion of the permitting process, the estimation
of insurance coverage, and assumptions with respect to currency
fluctuations, environmental risks, title disputes or claims, and
other similar matters. While the Company considers these
assumptions to be reasonable based on information currently
available to it, they may prove to be incorrect.
Forward looking information involves known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
information. Such factors include risks inherent in the exploration
and development of mineral deposits, including risks relating to
changes in project parameters as plans continue to be redefined
including the possibility that mining operations may not commence
at the Gunnison Project, risks relating to variations in mineral
resources and reserves, grade or recovery rates resulting from
current exploration and development activities, risks relating to
the ability to access infrastructure, risks relating to changes in
copper and other commodity prices and the worldwide demand for and
supply of copper and related products, risks related to increased
competition in the market for copper and related products and in
the mining industry generally, risks related to current global
financial conditions, uncertainties inherent in the estimation of
mineral resources, access and supply risks, reliance on key
personnel, operational risks inherent in the conduct of mining
activities, including the risk of accidents, labour disputes,
increases in capital and operating costs and the risk of delays or
increased costs that might be encountered during the development
process, regulatory risks, including risks relating to the
acquisition of the necessary licenses and permits, financing,
capitalization and liquidity risks, including the risk that the
financing necessary to fund the exploration and development
activities at the Gunnison Project may not be available on
satisfactory terms, or at all, risks related to disputes concerning
property titles and interest, environmental risks and the
additional risks identified in the "Risk Factors" section of the
Company's reports and filings with applicable Canadian securities
regulators.
Although the Company has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward-looking
information, there may be other factors that cause actions, events
or results not to be as anticipated, estimated or intended.
Accordingly, readers should not place undue reliance on
forward-looking information. The forward-looking information is
made as of the date of this news release. Except as required by
applicable securities laws, the Company does not undertake any
obligation to publicly update or revise any forward-looking
information.
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.
Excelsior Mining Corp.JJ JennexVice President, Corporate
Affairs604-681-8030
x240info@excelsiormining.comwww.excelsiormining.com
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