Excalibur Resources (CNQ:XBR) reports results of the most recent Soil Gas Hydrocarbon survey from its Sturgeon Lake property, Northwestern Ontario. The results have been given the highest possible rating (6.0 out of 6.0) for each of three closely spaced targets by ActLabs of Ancaster, Ontario for their indication of the presence of Volcanogenic Massive Sulphide (VMS) type [...]
Excalibur Resources Ltd. (CNQ:XBR) reports a revised update on the exploration activities at the Sturgeon Lake property, Ontario. Assays of grab samples from boulders and outcrop have been received that yielded anomalous metal values up to 0.5 g/tonne gold, 0.34% zinc and 0.1% copper. In addition, Excalibur geologists have found boulders containing stockwork to massive sulphides [...]
Excalibur Resources (CNQ:XBR) reports an agreement is signed with Minera Apolo S.A. de C.V. under which the companies will form a 49%/51% joint venture company called Minera Catanava S.A. de C.V. The joint venture’s purpose will be to develop and commence gold production on the 133 hectare Catanava property within the Municipality of Pinos, State of Zacatecas, Mexico. [...]
Excalibur Resources (CNQ:XBR) reports that it has staked adjacent claim East of existing Sturgeon Lake property in northwestern Ontario on August 30, 2010. These claims were staked on the recommendations of Dr. Ian Johnson, Ph.D., P.Eng. of JVX Ltd. and David Molloy, P.Geo. of Geofine Exploration Consultants Ltd. For complete news release, click here. For Excalibur’s [...]
Excalibur Resources (CNQ:XBR) reports that it has signed a contract for a drill program of a minimum of 4,000 meters at the Sturgeon Lake property. The drill program is expected to commence on August 16, 2010. For complete news release, click here. For Excalibur’s company profile, click here.
Excalibur Resources Ltd.(CNSX:XBR, FWB:X9CN ) is a junior mining company focused on the development of a 250 tpd gold-silver mine in an historic Mexican Gold District which is almost permitted and currently being installed.
Excalibur Resources (CNQ:XBR, FRA:X9CN) reports its completion of a non-brokered private placement to MineralFields Group. Each FT Unit will consist of one common share to be issued on a “flow-through” basis under the Income Tax Act (Canada) and one share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire an additional non-flow-through common share of [...]
Excalibur Resources Ltd. (CNSX:XBR) (Frankfurt WKN:A0MMDH) reports that it has arranged a non-brokered private placement. In connection with the Private Placement, the Company will pay an arm’s length finder a cash finder’s fee equal to 5% of the proceeds from the Private Placement. In addition, the Finder will receive an option (“Finder’s Option”) exercisable for a period [...]
Excalibur Resources reports the ongoing exploration program at Sturgeon Lake, northwestern Ontario. Excalibur’s Sturgeon Lake property is directly along strike and to the east of 6 VMS deposits that were mined between 1970 and 1991. A total of 19 million tonnes of ore was mined from these 6 VMS deposits with typical grades of 9% zinc, 1.5% copper, [...]
Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT WKN:A0MMDH) announced the assay results on the remaining 15 holes from its 25 hole, 2,137 meter, fall drill program at its Silver King property near Nelson, British Columbia. The press release is quoted as saying: The Silver King property hosts the historic Silver King mine and the Company is earning an [...]
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