Excalibur Resources Ltd.
CNQ : EXBR

Excalibur Resources Ltd.

March 26, 2007 10:36 ET

Excalibur Resources Ltd. Appoints Director

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 26, 2007) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Excalibur Resources Ltd. (the "Corporation") (CNQ:EXBR) is pleased to announce that Mr. William Robert Morgan, P.Eng, P.Log. has been appointed to the Corporation's board of directors.

William (Bob) Morgan graduated in geological engineering from the University of Toronto and is currently Senior Director, Equipment Procurement at Sobeys Inc., a national retailer, where he is responsible for an annual budget of about $150,000,000. Prior to joining Sobeys in 2000, Mr. Morgan worked with several engineering companies, including Warnock Hersey and Soil Eng Ltd. He also served as an officer with the 2nd Field Engineer Regiment (Militia) for 12 years. Mr. Morgan obtained his designation as a P.Log from the Logistics Institute in 2002. His exploration experience includes working with Glimmer Resources Inc. where he worked on grass roots exploration at that company's Matheson property, which subsequently became the Glimmer Mine, approximately 80 kilometres east of Timmins, Ontario.

Mr. Morgan's appointment will add seasoned business acumen in several fields, as well as geological experience, to the current Board of Excalibur Resources Ltd.

The Corporation has granted an aggregate of 400,000 incentive stock options at $0.065 per share for a five year term to a director and to a consultant of the Corporation.

Excalibur Resources Ltd. is a junior exploration mining company focused on the discovery, development and mining of economically viable precious and base metal mineral resources. The Corporation has recently acquired a silver/gold exploration target called the Needles Property in a former mining district located in Nye county, Nevada, USA and is aggressively investigating the potential acquisition of other precious metal targets within Nevada, Canada and northern Europe. The Corporation intends to acquire a portfolio of properties through project acquisitions, joint ventures and alliances.

On behalf of the Board of Directors:

Anthony Garson, President & CEO

The CNQ has not in any way passed upon the merits of the transaction and has neither approved nor disapproved of the contents of this press release.

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