Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Excalibur Metals Corp. ( (TSE:EXCL) ) just unveiled an announcement.
Excalibur Metals Corp. reported that recent rock sampling at its Bellehelen Silver-Gold Property in Nevada has expanded the known mineralized footprint by roughly one kilometre to the northeast, largely within newly staked claims. Assay results from 22 grab and composite grab samples returned encouraging grades, including one float sample grading 17.35 g/t gold and 1,385 g/t silver and an outcrop sample located approximately 700 metres off trend that confirmed mineralization beyond previously recognized limits, indicating the system remains open in all directions and suggesting a larger exploration target than initially defined. Additional results from 47 chip samples are pending, which could further refine the understanding of the project’s scale and continuity, potentially enhancing the strategic value of the Bellehelen property for the company and its stakeholders.
More about Excalibur Metals Corp.
Excalibur Metals Corp. is a Vancouver-based exploration company focused on silver and gold, with its Bellehelen Silver-Gold Property representing a key asset in its portfolio. The company is advancing this project through systematic ground work, sampling and structural modelling to define the scale and potential of its mineralized systems, with a view to expanding targets for future exploration and potential resource delineation.
Average Trading Volume: 37,806
Technical Sentiment Signal: Strong Buy
Learn more about EXCL stock on TipRanks’ Stock Analysis page.