Excalibur Update on Catanava JV Project in Mexico

- February 23rd, 2011

Excalibur Resources Ltd. (CNQ:XBR) reports excellent progress on the Catanava JV project in Mexico.

Excalibur Resources Ltd. (CNQ:XBR) reports excellent progress on the Catanava JV project in Mexico.

The press release is quoted as saying:

The Catanava Joint Venture (“JV”) is 51% held by Minera Apolo S.A. de C.V. which is providing the property, mining asset and the management of the project, and 49% held by Excalibur which is providing the financing. The purpose of the JV is to build a gold mine and start production with a 250 tpd plant on the 133 hectare Catanava property, that is located in the Municipality of Pinos, in the State of Zacetecas, Mexico.

Click here to access the entire news release.

Click here to access Excalibur’s company profile.

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