The Conversation (0)
Excalibur Resources Ltd. (CNQ:XBR) announced it has completed the Fall exploration field work on its Cariboo Property, located adjacent and east of the Company’s Silver King Mine property, 7 kilometres south of the town of Nelson in southeastern British Columbia.
As quoted in the press release:
Gold and silver values that have been returned from limited historic trench sampling at the Cariboo showing include a 1 metre interval that tested 24.86 g/t gold and 53.6 g/t silver (BC Ministry of Mines Assessment Report #27240). During the 2011 field exploration program, eight (8) trenches were excavated and chip and channel samples representing true thickness were collected over 1 metre intervals within the trenches.
Further grab sampling was also conducted within mineralized intervals and zones of interest both in the trenches and also in other locations on the property. In total, 188 samples have been sent to ACME Laboratory Ltd., in Vancouver, BC, for geochemical and fire assay analysis. QA/QC samples have been inserted as part of the due diligence procedures. Assay results will be released when available. This exploration program consisted of approximately 123 metres of trenching, mapping, and chip sampling along the 980 metre strike length between the Cariboo workings and the eastern-most adit of the Silver King Mine: the Grizzly Adit.
Click here to read the Excalibur Resources Ltd. (CNQ:XBR) press release
Click here to see the Excalibur Resources Ltd. (CNQ:XBR) profile.