Excalibur Metals Sampling Reveals a New, Broad Precious Metals Trend at Bellehelen Project in Nevada

Executive Summary

• Excalibur Metals announced a newly discovered silver‑gold mineralized trend at the Bellehelen Project, highlighted by a 400 m soil anomaly with up to 7.79 ppm Ag and 87 ppb Au.
• The discovery expands the known zone north of historic mine workings and supports the view that Bellehelen is a Tier‑1 target.
• A drill campaign of up to 2,500 m is planned for spring 2026 to test priority targets generated from this integrated exploration work.

Key Details

• Soil Sampling Program: 111 reconnaissance samples collected along three north‑south contour lines in November 2025; sampling interval ~50 m at ~2150 m elevation.
• Assay Highlights:
• Silver values ranged 0.33–7.79 ppm (mean 0.27 ppm).
• Gold values ranged 0.6–86.7 ppb (mean 6.8 ppb).
• Highest recorded anomaly: 7.79 ppm Ag and 87 ppb Au over a continuous 400 m interval.
• Historical Context: Bellehelen historically produced an estimated 311,000 silver‑equivalent ounces (early 1900s) with historic surface samples up to 11.25 g/t Au and 3,490 g/t Ag.
• Quality Assurance/Control: Samples processed by ALS USA (Reno, NV) following standard protocols; QP Dr. Alan Wainwright reviewed and approved all technical data, noting no QA/QC issues.
• Future Work: Planned spring 2026 drill program up to 2,500 m targeting the newly identified anomaly and other priority targets derived from mapping, rock sampling, geophysics, and soil results.
• Forward‑Looking Statements: Company anticipates that drilling will confirm additional mineralized structures, enhancing the scale of the Bellehelen target.

Notable Quotes

“These consistent, high‑tenor gold and silver‑in‑soils further confirm that a robust system with significant scale developed at Bellehelen,” – John Gilbert, CEO, Excalibur Metals Corp.

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