Excalibur Mining’s new drilling results March 22, 2010

Excalibur Mining Corporation Limited (ASX: EXM) will be presenting the following results to delegates of the Northern Territory Investment and Strategy Seminar, part of this year’s Annual Geoscience Exploration Seminar (AGES) in Alice Springs. The Company is continuing to build on its foundation of high grade assets at Tennant Creek in the Northern Territory.

Following updates earlier in the month, Excalibur has received new drill results that were part of the stope validation work being undertaken at Excalibur’s Juno Project at Tennant Creek.

The list of the new drill results with assays from Juno and Juno Up-Dip is included in the announcement. Highlighted intersections include:

• EJRC066: 5.5m @ 5.87 g/t from 271m down the hole including 0.5m @ 26.9 g/t
• EJRC034: 11m @ 3.50 g/t from 167m down the hole including 2m @ 12.17 g/t

The current results follow last week’s announcement of mineralised intersections of more than 10 g/t from the majority of reported holes, which included 11m @ 14.6 g/t from 284m down the hole, 7m @ 17.75 g/t from 275m and 6m @ 14.34 g/t from 295m. A long section of Excalibur’s recent drilling and some of the results are also in the announcement.

Click here to view 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 0414 535 433
luke.dean@fortbridge.com