MIN

Excelsior Mining Corp. (TSX VENTURE:MIN)(OTCQX:EXMGF)(FRANKFURT:3XS)
("Excelsior") is pleased to announce the final assay results from the 10,502
foot (3,150 metre) diamond drill program on its Gunnison Copper Property located
within the copper porphyry belt in southern Arizona. Highlights are shown in the
following table.




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                               Drill Results                               
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Drill Hole    From (feet)     To (feet)   Interval (feet)   Total Copper (%)
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NSD-23               557          1500               943               0.24
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NSD-24               751          1350               599               0.79
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                    1540          1890               350               0.33
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NSD-25               637          1500               863               0.49
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NSD-26               500          1168               668               0.38
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NSD-27               420        1004.5             584.5               0.27
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"Drill hole 24 represents one of the best intersections that we have seen to
date at Gunnison; this is very encouraging," stated Dr. Stephen Twyerould,
President and Chief Executive Officer of Excelsior. "These results confirm what
we were expecting and provide more evidence that Gunnison is a robust copper
deposit."


The Gunnison project has an NI 43-101 compliant copper resource of 3.21 billion
pounds Indicated oxide copper (511 million tons at 0.31% copper) and an
additional 0.88 billion pounds Inferred oxide copper (159 million tons at
0.28%).


All samples are prepared from manually split half-core sections on site in
Arizona. Split drill core samples are then sent to Skyline Assayers &
Laboratories in Tucson, Arizona for Total Copper and Sequential Copper analyses.
Standards, blanks, and duplicate assays are included at regular intervals in
each sample batch submitted from the field as part of an ongoing Quality
Assurance/Quality Control Program.


About Excelsior

Excelsior is an exploration and development company with a copper project
located within the Copper Porphyry Belt of Arizona. The Gunnison Copper Project
is located close to the required infrastructure and its oxide resource has the
potential to be mined using in-situ recovery methods. The Excelsior team
consists of experienced professionals with proven track records of advancing
projects towards production.


Qualified Person

Excelsior's exploration work on the Gunnison Property is supervised by Stephen
Twyerould, Ph.D., fellow of AUSIMM, President and CEO of Excelsior and a
Qualified Person as defined by NI 43-101. Dr. Twyerould has reviewed and is
responsible for the technical information contained in this presentation.


Further details about Excelsior can be found at: http://www.excelsiormining.com.

ON BEHALF OF THE EXCELSIOR BOARD

Stephen Twyerould, President & CEO

Cautionary Note Regarding Forward-Looking Information

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, included
herein including, without limitation, the development of the Gunnison Project
and the ability to mine Gunnison using in-situ recovery mining techniques are
forward-looking statements. By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause our
actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include,
among others, the following risks: the need for additional financing;
operational risks associated with mineral exploration; fluctuations in commodity
prices; title matters; environmental liability claims and insurance; reliance on
key personnel; issues in obtaining required permits; the potential for conflicts
of interest among certain officers, directors or promoters with certain other
projects; the absence of dividends; competition; dilution; the volatility of our
common share price and volume and the additional risks identified in the
management discussion and analysis section of our interim and most recent annual
financial statements or other reports and filings with applicable Canadian
securities regulators. Forward-looking statements are made based on management's
beliefs, estimates and opinions on the date that statements are made and the
company undertakes no obligation to update forward-looking statements if these
beliefs, estimates and opinions or other circumstances should change, except as
required by applicable securities laws. Investors are cautioned against
attributing undue certainty to forward-looking statements.

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