Construction Equipment Guide
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Fort Washington, PA 19034
800-523-2200
Tue February 26, 2019 - West Edition #5
Excelsior Mining Corp. announces that construction has started at the Gunnison Copper Project, in southeast Arizona; first copper production is anticipated in Q4 of 2019.
"Our ability to move quickly from the close of project financing to the initiation of construction at our Gunnison Copper Project is a demonstration of the operational capacity and experience of the Excelsior team," said Stephen Twyerould, president & CEO. "We look forward to updating all stakeholders as we move through the construction process. Our approach during this stage of development will remain, as always, focused on delivering technical excellence and long-term value for our shareholders."
Hydro Resources has commenced drilling the production wellfield and the accompanying compliance wells. Hydro Resources are experienced in-situ recovery ("ISR") wellfield drillers; this experience includes drilling for in-situ copper recovery projects. There are currently three drilling rigs on site with two additional drilling rigs arriving early 2019. A total of 63 wells, including 41 production wells and 22 compliance wells totaling approximately 82,000 ft. will be completed. The significant number of compliance wells will ensure groundwater protection as per state and federal regulatory requirements. Drilling of the production wellfield is expected to be finished in Q2 of 2019. The initial wellfield area will be 400 ft. by 400 ft. with a spacing of approximately 70 ft. between delivery and production wells.
Schmueser and Associates has been chosen as the general contractor. Construction activities will include:
"Schmueser & Associates LLC is pleased to have been selected as the General Contractor for the Stage I Gunnison Copper Project/Johnson Camp Mine," said Larry Schmueser II, president of Schmueser & Associates. "We look forward to working with Excelsior Mining Corp. on this low cost, environmentally friendly, copper production process. The goal of our project team puts a priority on safety with the understanding that achieving the budget and schedule are critical to the success of the project."