New drilling at Excalibur’s Juno March 12, 2010

Excalibur Mining Corporation Limited (ASX: EXM) advises that the company has received results for recent drill holes that were part of the stope validation work currently being undertaken at Excalibur’s Juno Project at Tennant Creek, NT.

Highlighted intersections include:

• EJRD053B 11m @ 14.66 g/t from 284m down the hole
• EJD065 7m @ 17.75 g/t from 275m down the hole and 6m @ 14.34 g/t from 295m down the hole

Excalibur’s current Juno drilling program at Tennant Creek has 3 objectives:
• to define the extent and magnitude of the recent Up-Dip discovery at Juno;
• to identify and test inferred areas and extensions around Juno not yet included in the project’s current resource assessment; and,
• to validate current stope positions.

Click here to view the full announcement.

For further information, please contact:

Tim Lagdon
Managing Director
Ph: +61 8 9322 8000

Media enquiries:
Fortbridge: +61 2 9331 0655
Bill Kemmery 0400 122 449
bill.kemmery@fortbridge.com
Luke Dean 0414 535 433
luke.dean@fortbridge.com