Excalibur’s drilling results deliver a new high grade gold mineralised zone at Juno, NT November 17, 2009

Excalibur Mining Limited (ASX: EXM) announces spectacular results for the first two diamond drill holes at Juno, at Tennant Creek in the Northern Territory.

Highlights:

• 13m @ 42.84g/t Au from 160m, including 5m @ 102.38g/t Au
• 14m @ 1.24% Cu from 236m
• Further drilling underway

This drilling represents a new discovery of a high grade gold mineralised pod geologically similar to Juno, Nobles Nob, M10 and other deposits in the Tennant Creek region. A follow up RC drilling programme is planned to test the extent of this new discovery.

Click here to see the full announcement.

For further information, please contact:

Tim Lagdon
Managing Director
Ph: +61 8 9322 8000

Media enquiries:
Fortbridge
Ph: +61 2 9331 0655
Luke Dean
M: +61 414 535 433
E: luke.dean@fortbridge.com