Excel Gold Mining Inc.

Excel Gold Mining Inc.

October 13, 2009 11:52 ET

Excel Gold Mining Publishes its Weekly Update Releases, of the Montauban Mining Camp Exploration Campaign Progress.


Excel Gold Mining published today its weekly update releases, of the Montauban mining camp exploration campaign progress.

Diamond Drilling program progress:

The diamond drill rig is probing the northern portion of the gold bearing zone since October 1st. The main goal of this first phase of Excel's named "Batiscan" program is to determine both the thickness and continuity of the gold and silver mineralization left in the pillar in view of an open pit extraction operation. As of this morning, 15 holes were drilled totaling over 400 meters on the Montauban Gold property. A detailed description and sampling of the completed holes is in process and First Assay results are expected to be delivered by the end of October.

The current "Batiscan" named exploration program is budgeted for 60-65 short holes totaling 2,000 meters. The compilation of this new data will be merged with the exhaustive series of historical data acquired by Excel to create reliable sets of sections that will be utilized for a resources calculation of this segment of the vast and impressive number of mining properties Excel has acquired in the Montauban Camp.

Compilation Work

Excel has assigned a newly created work team, to compile and assemble the substantial number paper copies of Muscocho's underground operations and detailed plans of the mine. The team has been working all weekend to organize the shipping of all historical data, being sent today to the office of MRB & Associates, consultants geologists, in Val-d'Or. Other relevant information (diamond drill logs, geophysical and geochemical surveys) already made available on Sigeom's website will also be integrated in the compilation.

This digital data will help generate sections, plan views and transverse projections of the whole property and to prepare future surface and underground(i) exploration programs. The compilation and 3 dimensional mapping work is expected to begin right after the completion of the ongoing diamond drilling program.

The historical production of the mine goes to almost 3.2Mt (2.7 Mt from 1911 to 1957 and 0.9 Mt from 1982 to 1990). Furthermore, historical data (non-compliant 43-101) indicate that there is approximately 450,000 tons of Zinc and Lead (4.27% Zn, 1.48% Pb, 23 g/t Ag). These historical reserves are associated with deeper grounds of lent C. Excel management mandated MRB & Associates to proceed with the preparation of a 43-101 report which will include a mineral resource estimate, compliant with NI 43-101.

Management is committed to provide development progress information to its shareholders in a weekly news letter format, and will continue to produce and publish more documentation as it becomes available.

Martin Bourgoin, P. Geo, President of MRB & Associates, is the qualified person for the company under Regulation 43-101. He has reviewed this press release.

Excel Gold is proud to be part of the Montauban mining camp revival and invite you to visit its Corporate Website 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."

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