RE: RE: Frank Basa appointed president of Excel Gocongratulations Frankie...you've found your next 15 cent dream deal to run with........sweet...
let's allbail in at 15 cents...Frankie's good for a 3 bagger
Nov. 8, 2010 (TheNewswire.ca) --
Excel GoldMining Inc. (EGM, TSX.V)(the "Company" or "Excel") Management announcedtoday the Montauban drill program will begin next Monday November 15th.
Thediamond drill program will include: Six 100m spaced holes for 2,000 min the Muscocho Ramp area. Five holes for 1,000 m in the «Lens C», twoholes for 800 m along VLF-EM axis around the possible fault zone, sixshallow holes for 150 m as follow-up of the North Gold Zone trend, two250 m holes for 500 m in the «South Gold Zone», and eight holes for1,000 m on the «La Traverse» and «Lac des Laurentides»
Following acomprehensive analysis of the 3-D GEMCOM model, Excel geologists,management and consultants have prepared the drill targets and work planfor tender process. The company is pleased to announce it has retainedthe services of Landdrill International Inc. (OOTC:LDIFF) (TSXV:LDI)(Publicly trading on the TSX Venture under the symbol (LDI.V) LanddrillInternational Inc provides contract drilling services for mining andmineral exploration Companies primarily in Canada, Mexico, Mongolia, andthe Russia Federation.)
Mr. Martin Harvey reports:
"We arewell prepared for this campaign, and our expectations are very high,since they have been motivated by the results of a comprehensivehistorical data compilation processed through a "state of the art"scientific analysis model. We have completely changed the face of theCompany during the past 2 years and considerably increased shareholdersvalue. Excel Gold is now well structured and adequately funded, and withthe recent appointment of 2 new board members, whom are highlyexperienced in the mining field are providing Excel with new tools andexploration expertise that will become highly instrumental in thiscrucial validation phase. I trust that this exploration program will bethe prelude to a massive work program in preparation for a potentialresource calculation."