XBR update

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Excalibur Resources: 250tpd plant with commercial production in 2014

2014 Gold Producer (dividend planned) in Pinos Bonanza Gold District, Zacatecas, Mexico

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FANTOMAS

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XBR update

posted on Apr 11, 2012 04:07AM

I heard that Tim Gallagher is in Mexico, visiting Catanava with Bob Moriarty of 321gold.com.

Bob is a newsletter writer who I have much respect for, so I´m really looking forward to his report.

Test production is about to start, although the building for the wave tables and furnace is not ready yet. They are starting with small 1 tonne batches and do incremental increases until the whole production process runs smoothly, ironing out the issues along that way.

Full production is expected within the next two months. Fingers crossed for that.

Let´s see if we see another big volume day again today. Would be really encouraging.

Regarding TSX-V listing, the draft 43-101 report is in and will be filed with the TSX shortly.