xcalibur Receives Acceptance of Additional Sturgeon Lake Staking

Excalibur Resources Ltd. (CNQ:XBR) reports that it has received acceptance of addtional Sturgeon staked mining claims.

The press release is quoted as saying:

Since the beginning of the 2010 exploration season, Excalibur staked 13 new mining claims with a combined area of approximately 2064 hectares, or 20.64 km², to the north and to the east of the existing property.

Excalibur’s Chairman, Mr. Gallagher says:

“Although there is much work to be done on such a large property, 2010 was a productive year at the Sturgeon Lake property where we advanced:

1. our understanding of the property through the extensive systematic geological work performed,
2. the potential of the property by selectively acquiring additional adjacent claims,
3. the administrative status of the property with the receipt of permits from the Ministry.”

Click here to access the entire news release.

Click here to access Excalibur’s company profile.