Excalibur Resources Stakes Additional Claim at Sturgeon Lake, Ontario

Gold Investing

Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT WKN:A0MMDH) reported that it has staked a former mining lease of approximately 2 square kilometers north of the central part of its existing Sturgeon Lake property in northwestern Ontario on June 1, 2010.

Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT WKN:A0MMDH) reported that it has staked a former mining lease of approximately 2 square kilometers north of the central part of its existing Sturgeon Lake property in northwestern Ontario on June 1, 2010.

The press release is quoted as saying:

This claim contains an iron formation that will be explored for its gold and copper potential. Since the new claim adjoins the existing Sturgeon Lake property, the existing logging roads provide access to within 200 meters of the claim, and the claim is only 3 km from the Excalibur exploration camp, the exploration of this claim will be included in the previously announced 2010 exploration program of the Sturgeon Lake property.

Click here to access the entire press release

Click here to access Excalibur Resources Corporate Site

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