Excelsior Gold and Metals Corp. Is Moving Towards Gold Production
15 Juillet 2013 - 2:30PM
Marketwired
Excelsior Gold and Metals Corp. (OTCBB: EXLA), after a recent board
meeting, has decided to move forward with production.
The first step is filing the Plan of Operation with the Forestry
Service, which is being considered currently.
Once the plan is accepted, the company will accelerate the start
of production, making the road passable and continuing negotiations
with Mindanao, to purchase all of the production at the mine. This
is a great savings for the company because they have no shipping
costs, a mill is not necessary and there is no tailing pond, thus
saving well over $10 million.
Paul Donaldson, PhD CEO 208-761-5970
EXLA Resources (CE) (USOTC:EXLA)
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