EXLA-E .0041 Helmer Directional Drilling

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Posted On: 06/12/2013 7:32:14 PM

Posted By: aliangel

Re: xtremepicks #19704

EXLA-E .0041

Helmer Directional Drilling Corp.

Excelsior Gold Corporation

(OTCBB: EXLA-E)

http://www.excelsiorgoldcorp.com/

Outside News Sources

Publish Date	Headline
Jun 3, 2013	Excelsior Gold and Metals to Begin Work on Access Road to Excelsior Mine
May 22, 2013	Excelsior Gold Corp (EXLA) to Access High-Grade Gold-Silver Zone at Excelsior Mine

SEC Filings

Form Type	Received	Period Ending	Size	Report
10-Q	Jun 11, 2013	Mar 31, 2013	228.2 KB	PDF RTF HTML XLS
4	May 30, 2013	May 28, 2013	4.9 KB	PDF RTF HTML XLS
4	May 30, 2013	May 28, 2013	5.1 KB	PDF RTF HTML XLS

EXLAE Security Details

Share Structure

Market Value¹	$221,955	a/o Jun 11, 2013
Shares Outstanding	105,692,627	a/o Apr 03, 2013

Excelsior Gold Corporation (OTCBB: EXLAE)

Excelsior Gold Corporation is an exploration and development company, concentrating in the exploration for, and development of, precious and base metal ore deposits, to include both proven and/or indicated reserve locations of gold (Au), silver (Ag), Copper (Cu), Iron (Fe), Rare Earth Minerals, and other exploitable resources. Our current assets include the Excelsior Mine in Whatcom County, Washington, on the western slope of the North Cascade range which consists of consists of 60 claims totalling 1200 acres, as well as the Liver Peak Property which consists of 30 unpatented federal mining claims covering 620 acres in the Lolo National Forest in Sanders County, Montana.

Excelsior Mine's geologically tested reserves (proven and un-proven) indicate close to one million ounces of gold alone, without consideration of the other indicated minerals

Our management and staff bring many years of knowledge, background, training, in exploration, extraction, refining and management of natural resources. In addition to the expertise of our highly qualified staff, we have access to respected leaders in their fields

If you would like more information about investment opportunities please contact us at 509-670-6841 or by email at corpinfo@excelsiorgoldcorp.com

Stock Info

Investor Information

Corporate Office

Excelsior Gold Corporation
715 13th Street NE
Wenatchee, Washington 98802

General:	509 670-6841
Accounting:	801-816-2533
Fax:	801-816-2599
Email:	corpinfo@excelsiorgoldcorp.com

The Great Excelsior Mines Project

Overview

Located in Washington State, the Great Excelsior Mines present drill indicated gold-silver resource is 493,298 equivalent ounces of gold.

The Great Excelsior Mine was a former gold-silver producer which was forced to close in 1918 due to falling metal prices and a shortage of supplies. Excelsior Gold Corporation recently acquired 30 lode mining claims covering the drilled resource.

In 1987 Steelhead Resources commissioned American Mine Services, Inc. (AMS), to calculate the global geologic reserves and stripping ratio for the deposit. This calculation was done using geostatistical methods and based on the assay results from 45 core holes drilled by US Borax, Corp. AMS concluded that the project could be mined using a 3:1 stripping ratio. The results of this study are presented in Table 1.

Based upon the results of the American Mine Services study, Steelhead initiated a drilling program, consisting of 50 reverse circulation drill holes. The data gathered from this drilling program increased the high-grade reserves. Steelhead investigated mining the high-grade ore but was not successful in raising the necessary capital. Steelhead subsequently entered into a joint venture with FMC Gold which did additional "wild cat" drilling.

Mark Hawksworth of FMC Gold Corporation (1989) estimated the untested exploration potential of the Excelsior to be +500,000 equivalent ounces of gold. The present drill indicated and potential gold - silver resource is +700,000 equivalent ounces of gold. His conclusion was based upon the evaluation of six areas (not included in the above table) within and adjacent to the claim group. Estimated tonnage for calculated and untested reserves are believed to be 7.1 million tons of 0.08 Aueq @ 60:1Au:Ag ratio or 0.10 Aueq @ 48:1 Au:Ag ratio.

In 2004 Excelsior Mining Corporation commissioned a preliminary feasibility study for a 250 tpd mine and mill, using $390/ounce for gold and $5.90 for silver.

3D Drill Holes

Map of Excelsior Area

Regional Geologic Map

Mount Baker Setting

Excelsior Mine Area

Excelsior Location Map

CAUTIONARY NOTE TO U.S. INVESTORS – The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website which the SEC guidelines generally prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us or the following website: www.sec.gov/edgar.shtml

Excelsior In the News

Excelsior Gold Corp. Plans to Begin Underground Work at the Great Excelsior Mine
Fri, 31 May 2013 12:54:04 PST

Located in the NE Â¼ Sec 6, T39N, R8E. The work shall consist of removing rotting timbers, barring down lose rock, opening and securing areas blocked by rock fall or collapse, installing ladders, improving mine safety, geologic mapping and sampling.

The work is scheduled to begin on June 1st, 2013 and shall continue until completed, or stopped by severe weather.

Excelsior Gold Corp. to Begin Work on Access Road to Excelsior Mine
Fri, 31 May 2013 12:53:04 PST

Excelsior Gold Corp. plans to begin work at the Great Excelsior Mine, located in the NE Â¼ Sec 6, T39N, R8E. The work shall consist of surveying the upper and lower access roads using a GPS and mapping the location of the drill holes and drilling access roads for planning purposes.

The work is scheduled to begin on June 1st, 2013 and shall continue until completed.

Excelsior Gold Corp (EXLA) to Access High-Grade Gold-Silver Zone at Excelsior Mine
Wed, 22 May 2013 5:18 PST

WENATCHEE, WA--(Marketwired - May 22, 2013) - Excelsior Gold Corp, a wholly owned subsidiary of Helmer Directional Drilling (OTCBB: EXLA) filed a Notice of Intent with the USFS to open the caved portal, currently blocking access to a 10 ft (3m) wide, high grade gold - silver zone which runs between 0.54 opt Au and 1.22 opt Au and 47 opt Ag and 115 opt Ag, based on previous sampling by ASARCO (1967) and US Borax (1976).

The Excelsior Mine was mined for silver and gold prior to 1917, closing during WWI due to a shortage of steel and mine labor. Approximately 50,000 tons of moderate to high-grade ore were minded during this time period.

Current Excelsior management has located and is examining extensive records dating from 1934 to 2004 which indicate that the mine be operated at gold prices as low as $750/oz.

Helmer Directional Drilling Corp. Signs Binding Letter of Intent to Acquire CUP Claim Group
Fri, 05 Apr 2013 10:09:04 GMT
http://www.excelsiorgoldcorp.com/pdfs/goldfie...intent.pdf

Regulatory Filings

10-Q - Quarterly report [Sections 13 or 15(d)]
Summary: Filed: 2013-06-11 AccNo: 0000721748-13-000234 Size: 230 KB
Date Submitted:2013-06-11T16:44:48-04:00

8-K - Current report
Summary: Filed: 2013-05-17 AccNo: 0000721748-13-000165 Size: 13 KB
Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Date Submitted:2013-05-17T12:46:55-04:00

NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB
Summary: Filed: 2013-05-15 AccNo: 0000721748-13-000161 Size: 16 KB
Date Submitted:2013-05-15T16:54:47-04:00

PRER14C - Information statements
Summary: Filed: 2013-05-06 AccNo: 0000721748-13-000097 Size: 192 KB
Date Submitted:2013-05-06T14:07:30-04:00

10-K - Annual report [Section 13 and 15(d), not S-K Item 405]
Summary: Filed: 2013-04-11 AccNo: 0001391609-13-000243 Size: 2 MB
Date Submitted:2013-04-11T17:31:18-04:00

NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405
Summary: Filed: 2013-04-01 AccNo: 0001391609-13-000225 Size: 16 KB
Date Submitted:2013-04-01T17:18:00-04:00

SC 13G - Statement of acquisition of beneficial ownership by individuals
Summary: Filed: 2013-03-26 AccNo: 0001391609-13-000184 Size: 50 KB
Date Submitted:2013-03-26T13:32:10-04:00

SC 13G - Statement of acquisition of beneficial ownership by individuals
Summary: Filed: 2013-03-26 AccNo: 0001391609-13-000182 Size: 61 KB
Date Submitted:2013-03-26T13:08:44-04:00

SC 14F1 - Statement regarding change in majority of directors [Rule 14f-1]
Summary: Filed: 2013-03-21 AccNo: 0001391609-13-000174 Size: 106 KB
Date Submitted:2013-03-21T13:12:14-04:00

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