Excalibur Releases Remainder of Drilling Results from Spyglass
Original announcement by tmx on
- Company
- Excalibur Metals Corp.
- Ticker
- EXCL
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results, Other
- Extracted
- 2026-09-12 03:21:24 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Excalibur Metals Corp. has released the final drill results from its Spyglass Ridge target at the Bellehelen Project in Nevada. The results confirm a mineralized structure extending to at least 300m depth, highlighted by multiple coincident gold and silver intercepts in holes BH26008 and BH26010.
Reasoning: The results confirm a mineralized structure at depth with multiple coincident gold-silver intercepts, though grades remain at exploration levels.
Positive factors
- continuity of gold-silver mineralization
- multiple coincident intercepts
- QA/QC disclosed
Negative factors
- apparent width only
- low grade intercepts
Facts used in scoring: 12
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes details on MSA Labs, duplicates, blanks, and standards.
Evidence · text
“Control samples comprising duplicates, blanks, and certified reference materials were systematically inserted”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: True widths are not explicitly stated, only assumed to be 80-90% of reported width.
Evidence · text
“True-widths are assumed to be 80-90% of the reported width; however, there is not sufficient data”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
BH26008Bellehelen · goldGrade: 0.45Grade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26008
- Project
- Bellehelen
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 0.45
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 39.62 m
- To
- 41.15 m
- Hole Depth
- 403.86 m
- Intercept Depth
- 39.62 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26008:39.62-41.15
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549622
- Northing
- 4211591
- Elevation
- 2141.83 m
- Azimuth
- 149 °
- Dip
- -51 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Low grade gold intercept.
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26008Bellehelen · silverGrade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26008
- Project
- Bellehelen
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 39.62 m
- To
- 41.15 m
- Hole Depth
- 403.86 m
- Intercept Depth
- 39.62 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26008:39.62-41.15
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549622
- Northing
- 4211591
- Elevation
- 2141.83 m
- Azimuth
- 149 °
- Dip
- -51 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Silver below detection limit (BDL).
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26008Bellehelen · goldGrade: 0.2Grade Unit: g/tIntercept: 3.05 mView all detailsHide details
Identity
- Hole ID
- BH26008
- Project
- Bellehelen
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 0.2
- Grade Unit
- g/t
- Intercept
- 3.05 m
- From
- 269.75 m
- To
- 272.8 m
- Hole Depth
- 403.86 m
- Intercept Depth
- 269.75 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26008:269.75-272.8
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549622
- Northing
- 4211591
- Elevation
- 2141.83 m
- Azimuth
- 149 °
- Dip
- -51 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Encouraging intercept confirming mineralized structure.
Positive factors
- continuity of elevated values
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26008Bellehelen · silverGrade: 21.8Grade Unit: g/tIntercept: 3.05 mView all detailsHide details
Identity
- Hole ID
- BH26008
- Project
- Bellehelen
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 21.8
- Grade Unit
- g/t
- Intercept
- 3.05 m
- From
- 269.75 m
- To
- 272.8 m
- Hole Depth
- 403.86 m
- Intercept Depth
- 269.75 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26008:269.75-272.8
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549622
- Northing
- 4211591
- Elevation
- 2141.83 m
- Azimuth
- 149 °
- Dip
- -51 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Encouraging silver intercept.
Positive factors
- continuity of elevated values
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26008Bellehelen · goldGrade: 0.25Grade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26008
- Project
- Bellehelen
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 0.25
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 286.51 m
- To
- 288.04 m
- Hole Depth
- 403.86 m
- Intercept Depth
- 286.51 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26008:286.51-288.04
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549622
- Northing
- 4211591
- Elevation
- 2141.83 m
- Azimuth
- 149 °
- Dip
- -51 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Low grade gold intercept.
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26008Bellehelen · silverGrade: 29Grade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26008
- Project
- Bellehelen
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 29
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 286.51 m
- To
- 288.04 m
- Hole Depth
- 403.86 m
- Intercept Depth
- 286.51 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26008:286.51-288.04
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549622
- Northing
- 4211591
- Elevation
- 2141.83 m
- Azimuth
- 149 °
- Dip
- -51 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Low grade silver intercept.
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26010Bellehelen · goldGrade: 0.48Grade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26010
- Project
- Bellehelen
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 0.48
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 353.57 m
- To
- 355.09 m
- Hole Depth
- 437.388 m
- Intercept Depth
- 353.57 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26010:353.57-355.09
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549741
- Northing
- 4211620
- Elevation
- 2155.546 m
- Azimuth
- 149 °
- Dip
- -49 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Encouraging gold intercept.
Positive factors
- continuity of elevated values
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26010Bellehelen · silverGrade: 29.1Grade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26010
- Project
- Bellehelen
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 29.1
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 353.57 m
- To
- 355.09 m
- Hole Depth
- 437.388 m
- Intercept Depth
- 353.57 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26010:353.57-355.09
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549741
- Northing
- 4211620
- Elevation
- 2155.546 m
- Azimuth
- 149 °
- Dip
- -49 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Encouraging silver intercept.
Positive factors
- continuity of elevated values
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26010Bellehelen · goldGrade: 0.14Grade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26010
- Project
- Bellehelen
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 0.14
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 361.19 m
- To
- 362.71 m
- Hole Depth
- 437.388 m
- Intercept Depth
- 361.19 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26010:361.19-362.71
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549741
- Northing
- 4211620
- Elevation
- 2155.546 m
- Azimuth
- 149 °
- Dip
- -49 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Low grade gold intercept.
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26010Bellehelen · silverGrade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26010
- Project
- Bellehelen
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 361.19 m
- To
- 362.71 m
- Hole Depth
- 437.388 m
- Intercept Depth
- 361.19 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26010:361.19-362.71
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549741
- Northing
- 4211620
- Elevation
- 2155.546 m
- Azimuth
- 149 °
- Dip
- -49 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Silver below detection limit (BDL).
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26010Bellehelen · goldGrade: 0.15Grade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26010
- Project
- Bellehelen
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 0.15
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 370.33 m
- To
- 371.86 m
- Hole Depth
- 437.388 m
- Intercept Depth
- 370.33 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26010:370.33-371.86
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549741
- Northing
- 4211620
- Elevation
- 2155.546 m
- Azimuth
- 149 °
- Dip
- -49 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Low grade gold intercept.
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
BH26010Bellehelen · silverGrade: 9.5Grade Unit: g/tIntercept: 1.52 mView all detailsHide details
Identity
- Hole ID
- BH26010
- Project
- Bellehelen
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- EXCL
Geometry
- Grade
- 9.5
- Grade Unit
- g/t
- Intercept
- 1.52 m
- From
- 370.33 m
- To
- 371.86 m
- Hole Depth
- 437.388 m
- Intercept Depth
- 370.33 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- BH26010:370.33-371.86
- Mining Method
- unknown
Location
- Location
- Spyglass Ridge
- Easting
- 549741
- Northing
- 4211620
- Elevation
- 2155.546 m
- Azimuth
- 149 °
- Dip
- -49 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- MSA Labs
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-29T00:00:00.000Z
Reasoning: Low grade silver intercept.
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.