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 Company intends to acquire a portfolio of properties through project acquisitions, joint ventures and alliances.

Update

• During the past 20 months Excalibur Resources Ltd. continued to fulfill its mission of acquiring early to advanced stage exploration properties in North America. To date these include: The Silver King Mine property near Nelson BC, adjacent land positions on strike of the Silver King property, Needles gold/silver property in Nye County, Nevada, USA , Delamar North gold target property in Lincoln County, Nevada and volcanic massive sulphide targets comprising 8,956 ha. in N.W. Ontario.

• April 18-08 Excalibur reports that, further to its April 14, 2008 news release, it has extended its property staking program from 8,500 hectares to a total of 8,956 hectares in Northwestern Ontario.

• During the past 15 months Excalibur Resources Ltd. continued to fulfill its mission of acquiring early to advanced stage exploration properties in North America.

• During the first quarter of 2007, Excalibur Resources Ltd acquired 104 claims covering 861 hectares of a gold/silver exploration target called the Needles property in a former mining district located in Nye county Nevada, USA. This property is 100% owned subject to a 2 % Net Smelter Return royalty.

• In mid 2007, the Company acquired a second property of 53 claims covering 440 hectares of a gold/silver exploration target called the Delamar North property. The property is located in the historically well-known Delamar Mining district of Lincoln county, Nevada, USA. This property is 100% owned and subject to a 2 % Net Smelter Return royalty.

• On July 5, 2007 Excalibur acquired an option to purchase the Silver King Mine near Nelson, British Columbia. In the late 1800's and early 1900's the Silver King produced approximately 15,000,000 lbs. copper grading 3% and 4,000,000 oz. silver grading almost 20 oz/ton. The Company has an option to acquire 100% of the property subject to a 3% Net Smelter Return royalty. The option is subject to annual payments of cash and shares over a four year period ending June 2011.

• In addition and in proximity to the Silver King property, Excalibur acquired an option to purchase three parcels of ground totaling 75.7 hectares located mainly contiguous to the south-east of the Silver King Mine property boundary and 2.5 km to the northeast of the Silver King boundary. The Company has an option to acquire 100% of the claims subject to a 2% Net Smelter Return royalty. The option is subject to annual payments of cash and shares over a three year period ending in December 2010.

• In March-April 2008, the Company staked approximately 8,500 hectares of ground in Northwestern Ontario. The property, 100% owned is located about 25 km east of the historic Sturgeon Lake mining camp in which the well-known volcanic massive sulphide producers Mattabi, Lyon Lake and Sturgeon Lake mines operated in proximity and along strike of the Company's current property location.