Technical Report For Strong And Harris Copper-Zinc-Silver Deposit

PHOENIX - Excelsior Mining Corp. has filed a National Instrument ("NI") 43-101 Technical Report entitled "Estimated Mineral Resources and Preliminary Economic Analysis, Strong and Harris Copper-Zinc-Silver Project, Cochise County, Arizona.” The Report is with respect to Excelsior's Preliminary Economic Assessment ("PEA") on the Strong and Harris copper-zinc-silver deposit in southern Arizona.

Roland Goodgame, SVP Business Development, said, "Excelsior's focus clearly remains the ramp up of the Gunnison ISR Project. To support this the Company is moving ahead with its strategy to restart and operate the Johnson Camp Mine to produce cashflow while Gunnison ramps up and the raffinate neutralization plant is designed and constructed. With its attractive economics and upside potential, the Strong and Harris deposit is a complementary asset that has the potential to allow Excelsior to become a larger and longer-term producer than previously envisioned."

The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

The Company's next steps with Strong and Harris are a drill program targeting adjacent geophysical anomalies with the goal of expanding the mineral resource, metallurgical test work and completion of a feasibility study.