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Drill Results

Excalibur Metals Outlines 7km+ Silver-Gold Trend and Mobilizes Field Crew to the Bellehelen Property in Walker Lane Trend of Nevada

By The Northwire Desk — AI Analysis Nov 06, 2025 · 07:01 EXCL · 0.2 Excalibur Metals Corp.
EXCL · Price

Executive Summary

  • Excalibur Metals announced the commencement of Phase 1 exploration at its Bellehelen Silver‑Gold Property in Nevada, mobilizing field crews for mapping, sampling and target definition.
  • The property hosts a district‑scale, ~7 km mineralized trend that historically produced an estimated 311,000 silver‑equivalent ounces, with historic surface assays up to 11.25 g/t Au and 3,490 g/t Ag.
  • Management highlighted the untapped potential for both high‑grade shoots and bulk‑tonnage targets, positioning Bellehelen as a significant prospective gold‑silver district.

Key Details

  • Property Overview: Bellehelen lies within the Walker Lane Trend, Nevada; historic workings extend over 7 km with an estimated 311,000 silver‑equivalent ounces produced in the early 1900s.
  • Historic Assays: Surface samples returned up to 11.25 g/t Au and 3,490 g/t Ag, indicating high‑grade mineralization.
  • Exploration Potential: Broad soil anomalies, extensive vein networks, and continuity of historic workings suggest both high‑grade and bulk‑tonnage targets.
  • Phase 1 Program: Initiated as outlined in the September 24 2025 release; activities include systematic geological mapping, systematic sampling, and definition of drill‑ready targets across key zones.
  • Qualified Person: Dr. Alan Wainwright (QP) reviewed and approved technical information; historical data not yet verified pending field work.
  • Technical Report Reference: “Bellehelen Property NI 43‑101 Technical Report,” effective 15 Aug 2024, filed on SEDAR+.

Notable Quotes

“Bellehelen represents a virtually unexplored gold and silver district in Nevada with the potential for both high‑grade and bulk‑tonnage discoveries,” – John Gilbert, CEO, Excalibur Metals Corp.

Materiality Assessment: Material – Positive (the release provides substantive new information on a significant exploration project that could materially affect the company’s valuation).

Read the original news release →

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Excalibur Metals Corp.

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