# Excalibur Releases Remainder of Drilling Results from Spyglass

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d

Original source: https://money.tmx.com/en/quote/EXCL/news/9000348620941301/excalibur-releases-remainder-of-drilling-results-from-spyglass

Publisher: tmx

Original announcement: 2026-06-29T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Excalibur Metals Corp.

- Ticker: EXCL

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-08-23 10:34:39 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Excalibur Metals has released the final drill results from its Spyglass Ridge target at the Bellehelen Project, confirming a mineralized structure with gold and silver continuity. While intercepts are relatively low-grade, the presence of multiple coincident intercepts suggests a robust hydrothermal system.

Reasoning: The results confirm a mineralized structure with continuity, though grades remain relatively low for an exploration program.

- Positive factor: continuity of gold-silver mineralization

- Positive factor: multiple coincident intercepts

- Positive factor: QA/QC disclosed

- Negative factor: apparent width only \(true width not disclosed\)

- Negative factor: low grades

Facts used in scoring: 12

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

## Drill Results (12)

### BH26008

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-0)

Bellehelen · gold

#### Identity

- Hole ID: BH26008
- Project: Bellehelen
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 0.45
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 39.62 m
- To: 41.15 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26008:39.62-41.15
- Mining Method: unknown

#### Location

- Easting: 549622
- Northing: 4211591
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade intercept.

### BH26008

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-1)

Bellehelen · silver

#### Identity

- Hole ID: BH26008
- Project: Bellehelen
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 0
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 39.62 m
- To: 41.15 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26008:39.62-41.15
- Mining Method: unknown

#### Location

- Easting: 549622
- Northing: 4211591
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Below detection limit \(BDL\).

### BH26008

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-2)

Bellehelen · gold

#### Identity

- Hole ID: BH26008
- Project: Bellehelen
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 269.75 m
- To: 272.8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26008:269.75-272.8
- Mining Method: unknown

#### Location

- Easting: 549622
- Northing: 4211591
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade intercept.

### BH26008

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-3)

Bellehelen · silver

#### Identity

- Hole ID: BH26008
- Project: Bellehelen
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 21.8
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 269.75 m
- To: 272.8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26008:269.75-272.8
- Mining Method: unknown

#### Location

- Easting: 549622
- Northing: 4211591
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade silver intercept.

### BH26008

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-4)

Bellehelen · gold

#### Identity

- Hole ID: BH26008
- Project: Bellehelen
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 286.51 m
- To: 288.04 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26008:286.51-288.04
- Mining Method: unknown

#### Location

- Easting: 549622
- Northing: 4211591
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade intercept.

### BH26008

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-5)

Bellehelen · silver

#### Identity

- Hole ID: BH26008
- Project: Bellehelen
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 29
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 286.51 m
- To: 288.04 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26008:286.51-288.04
- Mining Method: unknown

#### Location

- Easting: 549622
- Northing: 4211591
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade silver intercept.

### BH26010

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-6)

Bellehelen · gold

#### Identity

- Hole ID: BH26010
- Project: Bellehelen
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 0.48
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 353.57 m
- To: 355.09 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26010:353.57-355.09
- Mining Method: unknown

#### Location

- Easting: 549741
- Northing: 4211620
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade intercept.

### BH26010

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-7)

Bellehelen · silver

#### Identity

- Hole ID: BH26010
- Project: Bellehelen
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 29.1
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 353.57 m
- To: 355.09 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26010:353.57-355.09
- Mining Method: unknown

#### Location

- Easting: 549741
- Northing: 4211620
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade silver intercept.

### BH26010

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-8)

Bellehelen · gold

#### Identity

- Hole ID: BH26010
- Project: Bellehelen
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 0.14
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 361.19 m
- To: 362.71 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26010:361.19-362.71
- Mining Method: unknown

#### Location

- Easting: 549741
- Northing: 4211620
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade intercept.

### BH26010

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-9)

Bellehelen · silver

#### Identity

- Hole ID: BH26010
- Project: Bellehelen
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 0
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 361.19 m
- To: 362.71 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26010:361.19-362.71
- Mining Method: unknown

#### Location

- Easting: 549741
- Northing: 4211620
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Below detection limit \(BDL\).

### BH26010

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-10)

Bellehelen · gold

#### Identity

- Hole ID: BH26010
- Project: Bellehelen
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 0.15
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 370.33 m
- To: 371.86 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26010:370.33-371.86
- Mining Method: unknown

#### Location

- Easting: 549741
- Northing: 4211620
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade intercept.

### BH26010

[Link to this fact](https://atlas-staging.minestarters.com/news/excalibur-releases-remainder-of-drilling-results-from-spyglass--46a55fea-421c-4420-94db-6571c0537e2d#fact-drill-facts-11)

Bellehelen · silver

#### Identity

- Hole ID: BH26010
- Project: Bellehelen
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: EXCL

#### Geometry

- Grade: 9.5
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 370.33 m
- To: 371.86 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: BH26010:370.33-371.86
- Mining Method: unknown

#### Location

- Easting: 549741
- Northing: 4211620
- CRS: NAD83 UTM 11N
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSA Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-29T00:00:00.000Z

Reasoning: Low grade silver intercept.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
