Excalibur Resources Ltd.

Excalibur Resources Ltd.

June 10, 2010 15:09 ET

Excalibur Resources Stakes Additional Claim at Sturgeon Lake, Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 10, 2010) - Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT WKN:A0MMDH) (the "Company" or "Excalibur") staked a former mining lease of approximately 2 square kilometers north of the central part of its existing Sturgeon Lake property in northwestern Ontario on June 1, 2010. This claim contains an iron formation that will be explored for its gold and copper potential. Since the new claim adjoins the existing Sturgeon Lake property, the existing logging roads provide access to within 200 meters of the claim, and the claim is only 3 km from the Excalibur exploration camp, the exploration of this claim will be included in the previously announced 2010 exploration program of the Sturgeon Lake property. With the addition of the new claim, the total size of the Sturgeon Lake property is now 90 square kilometers.

Exploration activities on the Sturgeon Lake property are overseen by Dr. Hamid Mumin, Ph.D., P.Eng., P.Geo, a Qualified Person under the meaning of National Instrument 43-101. He has reviewed and approved the content of this press release.

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.

On behalf of the Board of Directors:

Tim Gallagher, Chairman

The CNSX has neither approved nor disapproved of the contents of this press release.

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