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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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Message: "News" from today´s Q&A with Tim Gallagher

The interview confirmed some facts we already knew, such as $1M cash on hand after financing, $100k burn rate per month, $1.8M already invested in the mill, no further financing needed.

But we also got to know about some "news", such as:

- TSX Venture lisiting planned in the next 90 days

- test production started, with 50 tons of ¼ inch material in the fine ore hopper that are being processed (now)

- next step after achieving commercial production is to increase the size of the plant

- at current capacity, there is 50 to 100 years of material to process, i.e. 100 km of veins

- and most surprisingly: new aquisitions !!! ( we are on the lookout for other small gold production projects that we can either buy or develop so that we can diversify and grow our cash flow) .

This company is going at a rapid pace recently and keeps us investors well informed about the progress and it´s plans going forward.

And that certainly is not standard in the explorer business.

Thanks and well done, Tim !

FANTOMAS

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