October 1, 2009

Vancouver, British Columbia, Excelsior Mining Corp. (TSX-V:MIN.P) (“Excelsior”) is pleased to announce that the TSX Venture Exchange has accepted. Excelsior’s application to extend the deadline to complete a qualifying transaction from February 19, 2010 to March 31, 2010.

Neither 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 news release.

Contact:
Mark J. Morabito
President & CEO
604-681-8030