South Pacific Metals

Excelsior Mining Granted State Operating Permit for Gunnison Copper Project

VANCOUVER, BC--(Marketwired - September 05, 2017) - Excelsior Mining Corp. (TSX: MIN) (OTCQX: EXMGF) (FRANKFURT: 3XS) ("Excelsior" orthe "Company") is pleased to announce that the Arizona Department of Environmental Quality ("ADEQ") has provided the Company with a Grant Letter for its Gunnison Copper Project's Aquifer Protection Permit ("APP"), located in Cochise County, southeastern Arizona.

"Completing this permitting milestone, within our scheduled timeline, is a major achievement for the Company," said, President & CEO, Stephen Twyerould. "With the receipt, earlier this year, of an amended Aquifer Protection Permit for our Johnson Camp Mine, we can now focus exclusively on the timely completion of the federal permit, which is the final operating permit required for production." (See Excelsior news release dated June 27, 2017 - Excelsior Mining's Johnson Camp Mine Receives Amended State Permit).

The ADEQ has issued Excelsior a Grant Letter, which remains appealable under specific circumstances for 30 days. After the close of the appeal period, the APP will be fully executed and the permit will then be active. In parallel, Excelsior continues to work with the Environmental Protection Agency towards the issuance of an Underground Injection Control Permit.

Twyerould added, "We look forward to continuing our excellent collaborative relationship with stakeholders and local communities as we work to build and operate one of the most economically compelling and environmentally friendly mining operations in the United States."

About Excelsior Mining

Excelsior Mining "The Copper Solution Company" is a mineral exploration and development company that is advancing the Gunnison Copper Project in Cochise County, Arizona. The project is an advanced staged, low cost, environmentally friendly in-situ recovery copper extraction project that is scheduled for commercial production in 2018.

Excelsior's technical work on the Gunnison Copper Project is supervised by Stephen Twyerould, Fellow of AUSIMM, President & CEO of Excelsior and a Qualified Person as defined by National Instrument 43-101. Mr. Twyerould has reviewed and approved the technical information contained in this news release.

Additional information about the Gunnison Copper Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Gunnison Copper Project, NI 43-101 Technical Report, Feasibility Study" dated effective December 17, 2016.

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