Articles Tagged "CNSX:XBR"

Excalibur Provides an Update of the Sturgeon Lake Exploration Program

Excalibur Resources (CNQ:XBR) reports an update on its exploration activities at the Sturgeon Lake property, Ontario. Assays of grab samples have been received that have yielded values up to 0.5 g/tonne gold, 0.34% zinc and 0.1% copper. In addition, Excalibur geologists have found boulders containing stockwork to massive sulphides in a hydrothermal structural breccia. For complete news [...]

Excalibur Resources Completes $500,000 Flow-Through Private Placement

Excalibur Resources (CNQ:XBR, FRA:X9CN) reports its completion of a non-brokered private placement to MineralFields Group. Each FT Unit will consist of one common share to be issued on a “flow-through” basis under the Income Tax Act (Canada) and one share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire an additional non-flow-through common share of [...]

Excalibur Resources Announces $500,000 Flow-Through Private Placement

Excalibur Resources Ltd. (CNSX:XBR) (Frankfurt WKN:A0MMDH) reports that it has arranged a non-brokered private placement. In connection with the Private Placement, the Company will pay an arm’s length finder a cash finder’s fee equal to 5% of the proceeds from the Private Placement. In addition, the Finder will receive an option (“Finder’s Option”) exercisable for a period [...]

Excalibur Resources Begins Exploration Program at Sturgeon Lake

Excalibur Resources reports the ongoing exploration program at Sturgeon Lake, northwestern Ontario. Excalibur’s Sturgeon Lake property is directly along strike and to the east of 6 VMS deposits that were mined between 1970 and 1991. A total of 19 million tonnes of ore was mined from these 6 VMS deposits with typical grades of 9% zinc, 1.5% copper, [...]