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Tim Gallagher, CEO
Excalibur Resources Ltd. is a junior exploration mining company focused on the discovery, development and mining of precious and base metal mineral resources. It has interests in the Needles silver and gold property located in the Arrowhead Mining District, Nye County, Nevada. On April 22, 2009 the Company and District Gold Inc. completed a letter of intent, which gave District Gold the right to acquire a 51% interest in the Needles Property. On July 5, 2007, it entered into an option to earn a 100% interest in the Silver King property, which consists of 24 Crown grants and six claims in the Kootenay District of British Columbia. On December 12, 2007, the Company entered into an option to acquire a 100% interest in the Cariboo Group claims, and the Princess and Cleopatra claims, located in the Kootenay District of British Columbia. It completed an 8,956 hectare (38 claims) staking program located in Northwestern Ontario, and has 71 claims registered as of June 30, 2009.