Focused Gold Exploration in Western Australia

Excelsior Gold Limited is an advanced gold exploration company focused on the development of a significant gold project north of Kalgoorlie in the Western Australian Goldfields.

The Company’s core focus is the development of the Kalgoorlie North Gold Project which offers near term production targets utilizing  toll treatment options as well as long term resource expansion and major mine production objectives.

The Kalgoorlie North Gold Project located 45km north of Kalgoorlie in Western Australia comprises 98 km2 of granted mining and prospecting leases covering 25km of strike over a well mineralized greenstone sequence known as the Bardoc Tectonic Zone (BTZ). The BTZ is known to host million ounce gold deposits at Norton Goldfield’s Paddington Gold Operations (+2Mozs) immediately to the south and at Aphrodite Gold Limited’s Aphrodite Deposit (+1Mozs) immediately to the north of Excelsior’s tenements.

Gold mineralisation is widespread throughout the Kalgoorlie North tenements and is controlled and localised by major northerly trending shears and mineralised cross cutting structures. The Excelsior Shear Zone is one of five defined NNW trending shears and to date this shear and the neighbouring Zoroastrian deposit have been the main focus of the Company’s drilling and resource definition programs. This central project area, which already has demonstrated a gold endowment of in excess of 700,000 ounces in current resources and past production, has the potential to host very significant resources which could sustain long term open pit and underground mining operations.

Total Measured, Indicated and Inferred resources calculated at various lower cut-off grades ranging from 0.6 to 5.0g/t Au are currently:

15.10 million tonnes @ 1.58g/t Au containing 766,000 ounces

The Company is presently conduction a Pre-Feasibility Study into a multiple open pit mining operation centred on the large Excelsior deposit and a cluster of satellite deposits within a four kilometer radius of Excelsior.

EXG’s shares are listed on the Australian Stock Exchange (ASX: EXG).