PO BOX 48479, BENTAL CENTRE
VANCOUVER
British Columbia
Canada,
V7X 1A0
Phone: +1 (604) 662-8245
Fax: +1 (604) 688-7740
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Company SummaryX-Cal Resources Ltd. (X-Cal) is a resource exploration company focused on the identification and delineation of gold and silver mineral resources on its Sleeper Gold, Mill Creek, and Spring Valley properties in Nevada, United States. The Company’s properties include Sleeper Gold Property, Mill Creek/Goat Window Gold Property and Reese River/Horse Mountain Window Property. Company NewsMonday, October 19, 2009 X-Cal has received a Preliminary Economic Assessment of the Sleeper Gold Project. The PEA demonstrates that the Sleeper Gold Project in Nevada has the potential to be a “viable project” based on the existing NI 43-101 compliant resources. A graph in the new report shows a “robust business case, which is most sensitive to metal prices and heap leach process cost”. The complete NI 43-101 document will be filed to SEDAR within 45 days. The study considers a project that produces approximately 590,000 ounces of gold with a mine life of 6.5 years, using a selling price of $800 per ounce of gold at an average cash cost of $324 per ounce (after silver credit). Capital costs are estimated at $86 million. News ReleasesWednesday, October 14, 2009 Monday, September 28, 2009 Wednesday, September 09, 2009 Wednesday, August 19, 2009 Map Legend: Producer Past Producer  Development  Exploration |
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