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Bellehelen Potential For High-Grade & Bulk -Tonnage Discoveries
VANCOUVER – Excalibur Metals Corp. reported that Bellehelen Silver-Gold Property, located within the Walker Lane Trend of Nevada, has outlined a significant mineralized trend spanning over 7 kilometers based on historical workings. Bellehelen encompasses a district-scale, 7-kilometre-long mineralized trend that historically produced an estimated 311,000 silver-equivalent ounces in the early 1900s.
Numerous historic workings are distributed along the entire length of this extensive corridor, highlighting a continuity of mineralization across multiple zones on the Property. Historical surface sampling returned high-grade assays of up to 11.25 g/t gold and 3,490 g/t silver, confirming the presence of a fertile precious metal system. In addition, broad soil anomalies and extensive vein networks within the large structural corridor suggest the potential for both high-grade shoots and bulk-tonnage targets, underscoring the exceptional scale and prospectivity of the Bellehelen Property.
“Bellehelen represents a virtually unexplored gold and silver district in Nevada with the potential for both high-grade and bulk-tonnage discoveries,” said John Gilbert, CEO. “The historical mines in the district along with assay results clearly show the scale of mineralization across multiple zones, highlighting the property’s untapped potential. With our exploration work commencing, we’re eager to unlock value from this underexplored district and deliver meaningful results for our shareholders.”
The Company is also pleased to report that its initial Phase 1 Exploration Program has commenced, with field crews now mobilized to site to carry out systematic mapping, sampling, and target definition activities across key areas of interest.
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