DGAP-News: Excalibur Resources Ltd.: CATANAVA HIRES SENIOR PLANT MANAGER
ID: 225343
(firmenpresse) - DGAP-News: Excalibur Resources Ltd. / Key word(s): Change of Personnel
Excalibur Resources Ltd.: CATANAVA HIRES SENIOR PLANT MANAGER
01.02.2013 / 12:00
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FOR IMMEDIATE RELEASE Toronto CNSX: XBRCATANAVA HIRES SENIOR PLANT MANAGER
January 31, 2013 Frankfurt: X9CN
Excalibur Resources Ltd. ('Excalibur' or the 'Company') (Toronto, Canada)
is pleased to announce its 49% owned subsidiary Minera Catanava S.A. de
C.V. ('Catanava') has hired Jose Luis Vigil Rodriguez, a senior experienced
Metallurgist as Plant Manager. Mr. Vigil graduated in Metallurgical
Engineering from the Instituto Politécnico Nacional (ESIQIE) and has worked
for several large mining companies including Goldcorp (Penasquito), Minera
Frisco (Tayahua), Nyrstar (Campo Morado) and Baker Hughes.
Our JV partner, Don McLeroy, President of Minera Apolo, S.A. de C.V.,
commented, 'As we have completed the construction phase and are
transitioning into daily mining operations, it has become critical to have
hands-on management at the plant. In a tight labor market, we are extremely
fortunate to have added Mr. Vigil as a senior member of our team. In the
four months since underground development commenced at surface, we have
advanced approximately 130 meters on three adits: El Camino (40 meters),
San Gil (60 meters) and San Miguelito (30 meters). We have stockpiled
approximately 1500 tons on the raw ore patio, produced approximately 2,000
kilograms of concentrate and produced a small three ounce test dore bar. We
have experienced intermittent production in the plant due to ongoing
equipment adjustments and periodic breakdowns of the cone crusher. We are
focused on the iterative process of improving recoveries by reducing the
oversize material, adjusting the ball mill grind, adjusting the wave
tables, and adding a gravity concentrator, since we have a lot of fine
gold.'
'We are confident with the hiring of a full-time Plant Manager with the
skills to achieve plant optimization and to manage the daily routine, along
with a low cost breakeven point with only 38 employees, we are on the path
to commercial production, initially through the sale of the concentrates
that we have produced rather than through the sale of dore,' commented Tim
Gallagher, Chairman&CEO.
Excalibur Resources Ltd. is a junior exploration mining company focused on
the discovery, development and mining of economically viable precious metal
mineral resources.
On behalf of the Board of Directors: For more information please contact:Neither the Canadian National Stock Exchange nor its Regulation Services
Tel: 416-987-0298
'Tim Gallagher' Email: info(at)excaliburresources.ca
Chairman&CEO Website: www.excaliburresources.ca
Provider
accepts responsibility for the adequacy or accuracy of this release.
End of Corporate News
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Datum: 01.02.2013 - 12:00 Uhr
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