Excalibur Mining’s Quarterly Report December 2009 January 29, 2010

Excalibur Mining Limited (ASX: EXM) provides the following report of its activities for the quarter ending 31 December 2009.

Highlights:

• High grade intersections in Up-Dip Juno at Tennant Creek in the Northern Territory
• Cube Consulting recommended drilling program – resource review
• Juno resource validation drilling
• Nobles Nob tailings update
• Pre Mining activities commenced
• Restructure of Tanami interest on EL 25207 enables Excalibur to move to 90% JV interest across all minerals

Click here to view the full announcement.

For further information, please contact:

Tim Lagdon
Managing Director
Ph: +61 8 9322 8000

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