Joe here is some great info on this mine and I feel this one is better then the WOLV mine I found years ago. This is a brand new stock this last fall and also has a huge claim with a small float. I am now trying to get more information by email or news release from the CEO. I will let you all know how that goes.
Here is some huge info on how much gold they have and they can mine it all the way down to 750 an ounce and make money.
at 2000 an ounce it is huge profit and the survey was done here by huge mining companies.
BTW we moved the wolv stock from .015 to .42 in one mining season alone.
http://www.excelsiorgoldcorp.com/index.php
[b]
Excelsior Gold Corp (EXLA) to Access High-Grade Gold-Silver Zone at Excelsior Mine[/b]
Wed, 22 May 2013 5:18 PST
[b]
WENATCHEE, WA--(Marketwired - May 22, 2013) - Excelsior Gold Corp, a wholly owned subsidiary of Helmer Directional Drilling (OTCBB: EXLA) filed a Notice of Intent with the USFS to open the caved portal,[/b] currently blocking access to a 10 ft (3m) wide, high grade gold - silver zone which runs between 0.54 opt Au and 1.22 opt Au and 47 opt Ag and 115 opt Ag, based on previous sampling by ASARCO (1967) and US Borax (1976).
The Excelsior Mine was mined for silver and gold prior to 1917, closing during WWI due to a shortage of steel and mine labor. Approximately 50,000 tons of moderate to high-grade ore were minded during this time period.
Current Excelsior management has located and is examining extensive records dating from 1934 to 2004 which indicate that the mine be operated at gold prices as low as $750/oz.
[b]
Helmer Directional Drilling Corp. Signs Binding Letter of Intent to Acquire CUP Claim Group[/b]
Fri, 05 Apr 2013 10:09:04 GMT
