Excel Gold Mining Inc.
TSX VENTURE : EGM

Excel Gold Mining Inc.

August 26, 2009 14:22 ET

Excel Gold Mining Inc. Announces Prepares for a Surface Diamond Drilling Program at Montauban

MONTREAL, QUEBEC--(Marketwire - Aug. 26, 2009) - EXCEL GOLD MINING INC. (TSX VENTURE:EGM)

Excel Gold Mining Inc. (herein referred to as "Excel" or the "Company") Announced Today that it has signed a contract agreement with MRB & Associates, a Val-d'Or based geological consulting group, working at arm's length with Excel, to initiate the planning phase of a 2000 meters surface diamond drilling program, at the Montauban Property.

MRB & Associates have a very good knowledge of the Montauban Camp since they were involved in previous exploration programs in the past. The initial phase of work consists of preparing a complete set of updated geological cross sections, of the northern portion of the Montauban property and to implement a strategic 2000 meter drilling program aimed at evaluating the surface pillar of the former base and precious metal mine. As part of the contract agreement, MRB will also supervise and provide full technical support related to the drilling campaign.

Phase 2 will consist of a full 3D geological compilation of the north, central and southern portions of the Montauban property. This compilation work will involve integrating all historical data (diamond drill holes and underground openings) into GEMS, the latest version of the Gemcom 3D software package. This 3D product will allow MRB to better evaluate the surface pillar portion of the former mine.

Excel's ceo Mr. Patrick Lessard declared the following: "This is very exciting for us, and it represents an historical turnover for the Company, that is providing us immediate hands on the job position. We have very strong beliefs of our program, and the implication of MRB & Associates was clearly a trigger for our mining operation program."

The Batiscan property claims consist in the mining rights relating to a property called "Montauban" which is composed of 140 mining titles covering 5,559.27 hectares. The Excel "Batiscan" territories are located in the Montauban mining camp, in the Chavigny and Seigneurie de Grondines-Ouest at 120 km west of the City of Quebec and 50 km north east of the City of Trois-Rivieres, Quebec.

About MRB

MRB & associates is a Val-d'Or based multi-disciplinary geological consulting firm covering every aspect of the mineral exploration industry. MRB & Associates provides a comprehensive array of geotechnical and mineral exploration services. Project management, exploration strategy, data analysis, resource evaluations and NI 43-101 compliant technical reports are amongst the services that are offered.

We invite our shareholders to visit our corporate Web Site at www.excelgoldmining.com

Forward looking Statement:

This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectation implied by these forward looking statements.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Contact Information

  • Excel Gold Mining Inc.
    Patrick Lessard
    Interim President
    514-951-7776