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Excalibur Metals Corp. ( (TSE:EXCL) ) has issued an announcement.
Excalibur Metals Corp. has identified a new silver and gold mineralized trend at its Bellehelen Project in Nevada, where reconnaissance soil sampling revealed a 400-metre-long anomaly with notably high silver and gold values located 700 metres north of historic mine workings. The results, derived from 111 soil samples on newly staked ground and representing some of the strongest silver-in-soil anomalies in a broader multi-year dataset, support the presence of a robust, large-scale mineral system and have prompted the company to proceed toward a Phase 1 drill program of up to 2,500 metres this spring to test priority targets generated from its integrated exploration work.
More about Excalibur Metals Corp.
Excalibur Metals Corp. is a Vancouver-based mineral exploration company focused on precious metals, primarily gold and silver, with projects in Nevada’s Walker Lane Trend. The company is advancing its Bellehelen Project, targeting large-scale, Tier-1 style deposits through systematic mapping, sampling, geophysics and planned drilling on both historic workings and newly staked ground.
Average Trading Volume: 37,924
Technical Sentiment Signal: Strong Buy
For detailed information about EXCL stock, go to TipRanks’ Stock Analysis page.