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Excalibur Resources Ltd. (CNQ:XBR) reports that it has now received a NI 43-101 compliant technical report on its Silver King property.
The press release is quoted as saying:
This report was prepared as a listing requirement for the TSX Venture Exchange and does not include a NI 43-101 compliant resource estimate. The report’s author, Linda Dandy, P.Geo, a qualified person, previously supervised geochemical, geophysical, mapping, trenching and diamond drilling programs on the Silver King Property.
The Silver King Property hosts the historic Silver King Mine, which was in continuous production from 1889 to 1913, then intermittently up to 1958 at an average grade of 684 g/t silver and 3.36% copper. The property also contains the adjacent Cariboo option, where significant gold and silver assay results were returned from limited trench sampling, including 24.86 g/t Au and 53.6 g/t Ag over 1.0 meter.
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