Excelsior Mining Files Technical Report for Indicated Resource of 3.2 Billion Pounds Oxide Copper at North Star

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Excelsior Mining Corp. (MIN.V) announced that it has filed a National Instrument ( NI ) 43-101 Technical Report dated August 31, 2011, with respect to Excelsior's resource estimate on the North Star Deposit, announced in a July 19, 2011 press release. The report confirms no changes in the resource estimate from the July 19th release, which stated an indicated oxide copper (Cu) resource of 3.21 billion pounds (511 million tons at 0.31% Cu) and an additional inferred resource of 0.88 billion pounds Cu (159 million tons at 0.28% Cu) for the North Star Deposit, which is part of the Gunnison Copper Property located within the copper porphyry belt in southern Arizona.



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