Northwire Canada EditionSunday, September 13, 2026
Northwire
GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2% GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2%
Drill Results

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

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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