🕐22.11.10 - 04:54 Uhr

Excalibur Mining [ASX: EXM] - Appointment of MCM and SRK Consultants



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Excalibur Mining [ASX: EXM] - Appointment of MCM and SRK Consultants

Excalibur Mining Corporation Limited (ASX: EXM) provides an update on its activities regarding the Company�s 100% owned, high grade Tennant Creek gold exploration assets in the Northern Territory of Australia.

Excalibur has previously announced that it is in the process of developing a revised strategy for the assets following the release of the new resource statement in August, 2010.

The Company has now appointed Management Consultants Mining (�MCM�) and SRK Consulting (�SRK�) to assist with a technical review of the Juno and Nobles Nob projects to underpin the development of the new strategy.

Excalibur�s Managing Director, Tim Lagdon said: �Our focus is to develop a new approach to exploiting Excalibur�s Tennant Creek assets.

We are very pleased to be working with SRK and MCM.

Their skills and experience are highly relevant to our assets.�

�Excalibur is rich with information from both Excalibur�s own drilling and the historical work undertaken by Geopeko, Australian Developments, Normandy and others.

The work by SRK and MCM will build on the resource analysis work completed over the last year.� Mr Lagdon said.

For more details, please see the attached announcement.

For further information, please contact:

Tim Lagdon
Managing Director
Ph: +61 8 9322 8000

Media enquiries:
Fortbridge: +61 2 9331 0655
Bill Kemmery 0400 122 449

Luke Dean 0414 535 433


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