30th November 2007
ASX Announcement – Exploration Update
Tennant Creek Project
The company is pleased to announce that 17 reverse circulation (RC) drillholes
for a total of 3,079m have been completed. These holes have consisted of RC
precollars at Nobles Nob, and RC holes at Rising Sun and Nobles Nob West.
The balance of the programme (approximately 7,000m) should be completed
before the end of January 2008.
The company is pleased to also advise that the diamond drill rig has mobilised to
site and should commence drilling early next week. This rig will initially test
electromagnetic anomalies east and west of the 1 million ounce Nobles Nob
deposit that was mined between the 1930s and the mid 1990s.
Drilling results from the initial holes are not e xpected until mid December and will
be released as they become available.
Information in this report pertaining to mineral resources and exploration results was compiled by Mr MP Sullivan who is a
member of Aus.I.M.M. with not less than five years experience in the relevant fields and who consents to the report
appearing in the form and context in which it appears.
About Excalibur
Excalibur Mining Corporation Limited is an exploration company listed on the Australian Stock Exchange. Excalibur’s
primary focus is the total assessment and upgrading of its high grade gold resources at the Junos and Nobles Nob
tenements in Tennant Creek, Northern Territory. The Company expects to release details of a comprehensive drilling
programme in the near future.
For Further Information
Contact:
Alex Bajada
Managing Director
Telephone: 08 9486 1122
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