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EXCALIBUR MINING CORPORATION LIMITED

ASX: EXM

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Excalibur is an Australian resources company focusing on gold exploration and mining. Its major assets are in the Northern Territory of Australia.

Excalibur is currently reassessing its high grade gold resources at Tennant Creek. Excalibur has recently completed an extensive drilling program at Juno which has been focused on:

* Delineating a resource in the newly discovered up-dip section of Juno;
* Validating stope positions; and,
* Testing inferred blocks around the periphery of the Juno indicated resource.

Concurrent with the drilling program, Excalibur has completed a comprehensive review of the original hard copy drill logs of the original Peko drilling on Juno which were recently acquired.

Through the drilling and data analysis, the Company is completing a new resource estimate for Juno, MlO and the shallow open pittable resources surrounding Nobles Nob.

The Company will also be drilling the highly prospective Browns Range projec in the Tanami region of the Northern Territory during the June quarter. Browns Range is considered prospective for gold, platinum, palladium and potentially uranium hosted in an unconformity style deposit, similar to Coronation Hill and Jabiluka.

Mine For

gold, copper, platinum, palladium, uranium

Location of operation(s)

Northern Territory

Address

Ground floor, 14 Outram St,
WEST PERTH, WA, AUSTRALIA

Phone

(61 8) 9322 8000

Email

Website


Last Updated

12/04/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.