Excalibur is an Australian resources company focusing on gold exploration and mining. Its major assets are in the Northern Territory of Australia.

Excalibur is currently reassessing its high grade gold resources at Tennant Creek. Excalibur has recently completed an extensive drilling program at Juno which has been focused on:

• Delineating a resource in the newly discovered up-dip section of Juno;
• Validating stope positions; and,
• Testing inferred blocks around the periphery of the Juno indicated resource.

Concurrent with the drilling program, Excalibur has completed a comprehensive review of the original hard copy drill logs of the original Peko drilling on Juno which were recently acquired,

Through the drilling and data analysis, the Company is completing a new resource estimate for Juno, MlO and the shallow open pittable resources surrounding Nobles Nob.

The Company will also be drilling the highly prospective Browns Range project in the Tanami region of the Northern Territory during the June quarter. Browns Range is considered prospective for gold, platinum, palladium and potentially uranium hosted in an unconformity style deposit, similar to Coronation Hill and Jabiluka. 
 

Excalibur currently has three projects:

1. Tennant Creek Project, Gold, Northern Territory.
    
2. Tanami Project, Gold, Northern Territory.
    
3. Yilgarn Project, Uranium, Western Australia.