Excelsior Mining Corp. (TSX VENTURE:MIN)(FRANKFURT:3XS)(OTCQX:EXMGF)
("Excelsior" or the "Company") announces that Dundee Capital Markets has
initiated equity analyst coverage of Excelsior.


Dundee Capital Markets equity research is posted on their corporate website at
www.dundeecapitalmarkets.com and can be accessed upon registration or by
contacting Mr. Joseph Gallucci, MBA, at Dundee Capital Markets.


All reports on Excelsior prepared by analysts represent the views of such
analysts and are not necessarily those of Excelsior. Excelsior is not
responsible for the content, accuracy or timelines of any analyst's website. 


About Excelsior 

Excelsior is a mineral exploration and development company that is advancing the
Gunnison Copper Project. The Excelsior management team consists of experienced
professionals with proven track records of advancing mining projects into
production. 


Further 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, Prefeasibility Study" dated February 14,
2014. 


For more information on Excelsior, please visit our website at
www.excelsiormining.com.


ON BEHALF OF THE EXCELSIOR BOARD

Stephen Twyerould, President & CEO

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" concerning anticipated
developments and events that may occur in the future. Forward looking
information contained in this news release includes, but is not limited to,
statements with respect to the advancement of the Gunnison Project.


In certain cases, forward-looking information can be identified by the use of
words such as "plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or state
that certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved" suggesting future outcomes, or other
expectations, beliefs, plans, objectives, assumptions, intentions or statements
about future events or performance. Forward-looking information contained in
this news release is based on certain factors and assumptions regarding, among
other things, the estimation of mineral resources and mineral reserves, the
realization of resource and reserve estimates, copper and other metal prices,
the timing and amount of future exploration and development expenditures, the
estimation of initial and sustaining capital requirements, the estimation of
labour and operating costs, the availability of necessary financing and
materials to continue to explore and develop the Gunnison Project in the short
and long-term, the progress of exploration and development activities, the
receipt of necessary regulatory approvals, the completion of the permitting
process, the estimation of insurance coverage, and assumptions with respect to
currency fluctuations, environmental risks, title disputes or claims, and other
similar matters. While the Company considers these assumptions to be reasonable
based on information currently available to it, they may prove to be incorrect.


Forward looking information involves known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking information. Such
factors include risks inherent in the exploration and development of mineral
deposits, including risks relating to changes in project parameters as plans
continue to be redefined including the possibility that mining operations may
not commence at the Gunnison Project, risks relating to variations in mineral
resources and reserves, grade or recovery rates resulting from current
exploration and development activities, risks relating to the ability to access
infrastructure, risks relating to changes in copper and other commodity prices
and the worldwide demand for and supply of copper and related products, risks
related to increased competition in the market for copper and related products
and in the mining industry generally, risks related to current global financial
conditions, uncertainties inherent in the estimation of mineral resources,
access and supply risks, reliance on key personnel, operational risks inherent
in the conduct of mining activities, including the risk of accidents, labour
disputes, increases in capital and operating costs and the risk of delays or
increased costs that might be encountered during the development process,
regulatory risks, including risks relating to the acquisition of the necessary
licenses and permits, financing, capitalization and liquidity risks, including
the risk that the financing necessary to fund the exploration and development
activities at the Gunnison Project may not be available on satisfactory terms,
or at all, risks related to disputes concerning property titles and interest,
environmental risks and the additional risks identified in the "Risk Factors"
section of the Company's reports and filings with applicable Canadian securities
regulators.


Although the Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from those
described in forward-looking information, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or intended.
Accordingly, readers should not place undue reliance on forward-looking
information. The forward-looking information is made as of the date of this news
release. Except as required by applicable securities laws, the Company does not
undertake any obligation to publicly update or revise any forward-looking
information.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release, and no securities
regulatory authority has either approved or disapproved of the contents of this
release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Excelsior Mining Corp.
JJ Jennex
Vice President, Corporate Affairs
604-681-8030 x240
info@excelsiormining.com
www.excelsiormining.com