Excalibur Resources is pleased to announce that it has initiated a regional exploration work program on the claims owned by its 49% owned subsidiary Minera Catanava which is 51% owned by Minera Apolo In parallel with the results of 'bulk samples' processed through the recently completed gravimetric plant, the focus of the work program is to systematically map, sample and drill the current areas of mining, namely the [...]
Excalibur Resources is pleased to announce that the explosives have been delivered to the site and startup production has commenced at surface on the Camino vein at its 49% owned subsidiary Minera Catanava. According to our JV partner, Don McLeroy, President of Minera Apolo, "On the basis of two blasts and one shift per day, initial production is estimated at 40-60 tons per day. An adit on the Camino Vein has been started [...]
Excalibur Resources is pleased to report that since its May 31, 2012 fiscal year end, 6,355,000 share purchase warrants have been exercised at $0.15 per share, generating $953,250 in cash proceeds. Excalibur now has 70,521,500 shares issued and 24,860,264 share purchase warrants outstanding, exercisable at prices ranging from $0.15 to $0.30, expiring over the next 17 months.
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