11:37:46 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Excel Gold Mining Inc
Symbol EGM
Shares Issued 113,420,115
Close 2010-11-05 C$ 0.145
Market Cap C$ 16,445,917
Recent Sedar Documents

Excel Gold to start Montauban drilling Nov. 15

2010-11-08 10:34 ET - News Release

Mr. Martin Harvey reports:

MONTAUBAN DRILL PROGRAM BEGINS MONDAY NOVEMBER 15TH

(November 8, 2010)

Excel Gold Mining Inc. (EGM, TSX.V) (the "Company" or "Excel") Management announced today the Montauban drill program will begin next Monday November 15th.

The diamond drill program will include: Six 100m spaced holes for 2,000 m in the Muscocho Ramp area. Five holes for 1,000 m in the Lens C, two holes for 800 m along VLF-EM axis around the possible fault zone, six shallow holes for 150 m as follow-up of the North Gold Zone trend, two 250 m holes for 500 m in the South Gold Zone, and eight holes for 1,000 m on the La Traverse and Lac des Laurentides.

Following a comprehensive analysis of the 3-D GEMCOM model, Excel geologists, management and consultants have prepared the drill targets and work plan for tender process. The company is pleased to announce it has retained the services of Landdrill International Inc. (Publicly trading on the TSX Venture under the symbol (LDI.V) Landdrill International Inc provides contract drilling services for mining and mineral exploration Companies primarily in Canada, Mexico, Mongolia, and the Russia Federation.)

Mr. Martin Harvey reports:

"We are well prepared for this campaign, and our expectations are very high, since they have been motivated by the results of a comprehensive historical data compilation processed through a "state of the art" scientific analysis model. We have completely changed the face of the Company during the past 2 years and considerably increased shareholders value. Excel Gold is now well structured and adequately funded, and with the recent appointment of 2 new board members, whom are highly experienced in the mining field are providing Excel with new tools and exploration expertise that will become highly instrumental in this crucial validation phase. I trust that this exploration program will be the prelude to a massive work program in preparation for a potential resource calculation."

Excel management his holding the Company "Annual Shareholder's Meeting" tomorrow November 9th 2010, at 9:00 am ET, at corporate offices located at 1411 Peel Street, Suite 600, Montreal, Quebec. We invite our shareholders to visit us and attend the meeting. Meanwhile we invite you to visit our Corporate Website at: www.excelgoldmining.com

For further information please contact:

Mr. Martin Harvey

Director, Excel Gold Mining Inc.

(514) 844-8770, #101

Fax: (514) 844-8577

Or contact: info@excelgoldmining.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

© 2024 Canjex Publishing Ltd. All rights reserved.