Excalibur Resources Ltd.: Catanava Hires Senior Plant Manager

Excalibur Resources Ltd.: Catanava Hires Senior Plant Manager 
TORONTO, ONTARIO -- (Marketwire) -- 01/31/13 -- Excalibur Resources
Ltd. ("Excalibur" or the "Company') (CNSX:XBR)(FRANKFURT:X9CN) 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 Politecnico 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 &
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: 
Tim Gallagher, Chairman & CEO    
Neither the Canadian National Stock Exchange nor its Regulation
Services Provider accepts responsibility for the adequacy or accuracy
of this release. 
Excalibur Resources Ltd.
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