🕐07.10.09 - 08:28 Uhr

Exco Resources Ltd [EXS] - White Dam Reserve Upgrade and Finance Update



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Exco Resources Ltd [EXS] - White Dam Reserve Upgrade and Finance Update

Exco is pleased to announce that the White Dam Probable Reserve has been upgraded and now contains a total of 4.94Mt @ 1.07 g/t Au for 170,400 Oz contained (@ 0.4 g/t cut-off).

The Reserve upgrade represents an increase of 21,400 ounces (up 14%) and 86% conversion of the Indicated Resource to Probable Reserve.

Importantly the upgrade has been successful in satisfying the final conditions of the A$16M debt facility provided by Barclays Capital.

The second tranche of A$3M is now available.

To view this announcement in full, please click on the following link:

http://www.excoresources.com.au/investors-media.html




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