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Definitive Agreement On The Bellehelen Project
VANCOUVER – Excalibur Metals Corp. reported on the Bellehelen Silver-Gold Project located in the Walker Lane Trend of Nevada. Excalibur has signed a Definitive Agreement with Silver Range Resources granting Excalibur an option to purchase 100% of the Bellehelen Project.
“With a large, mineralized trend spanning over 7 kilometers, much of which remains untested, we believe Bellehelen represents a priority exploration target for Excalibur,” said John Gilbert, CEO. “Bellehelen is situated in a prolific district that hosts major producing precious metals mines and continues to see major new discoveries. Combined with highly promising geology on site, we believe Bellehelen offers excellent potential for a tier-1 discovery.”
Bellehelen consists of a low-sulphidation epithermal silver-gold prospect located approximately 70 kilometres (km) east of Tonopah and consists of 90 Federal Lode Claims. The Project is located within the Walker Lane Trend of Nevada, an area known for its high-grade silver and gold discoveries.
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