Business
Excelsior Mining Provides Operations Update
Phoenix, Arizona--(Newsfile Corp. - November 10, 2020) - Excelsior Mining Corp. (TSX: MIN) (F...
About this update from Gunnison Copper Corp.
[{"type":"text","content":"Excelsior Mining Provides Operations UpdatePhoenix, Arizona--(Newsfile Corp. - November 10, 2020) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) (\"Excelsior\" or the \"Company\") is pleased to provide the following update for the Gunnison Copper Project in Arizona.Limited operations in response to the COVID-19 pandemic have been implemented in order to optimize many aspects of the production wellfield. Highlights from the wellfield optimization program include:The issue of copper precipitates and other precipitates blocking wells has been solved; the upgrades to the wellfield implemented earlier in the year have proven effective;Copper grades in the wells that have been consistently operated are in-line with expectations; These activities have generated sufficient copper in solution to commence operation of the Solvent Extraction-Electrowinning (SX-EW) production facility, which has been turned on; Copper cathode production is expected to commence within 30 days;Staffing levels remain reduced and restricted due to the COVID-19 Pandemic. Operations have been conducted in a safe manner with only one COVID-19 case at Gunnison reported. In response, successful contact tracing and isolation measures were implemented without any requirement to shut-down operations; Expansion of activities to surrounding wells is occurring, with a view to ramping-up to full, nameplate, capacity through 2021; andIt is expected that additional time will be required during this ramp-up to optimize the wells and resolve any challenges as they occur.Stephen Twyerould, President and CEO, said, \"We are encouraged by the results of our wellfield optimization program and the team's ability to identify and resolve issues as they arise. The upgrades to the wellfield have proven successful; we can easily and efficiently switch back and forth between injection and recovery for backflushing and flow reversals, and this system has shown substantial improvement in well efficiency. After only three-months of acid injection, we have collected enough copper to start initial production; this will allow us to commission and evaluate SX-EW capabilities. Optimization programs are being rolled out to additional wells and we are confident that production will be expanded over the coming months.\"Excelsior previously announced the commencement of acid injection...