With these findings, Kalgoorlie North Gold Project resources increased to 19.31 million tonnes for 1.76grams for every tonne of gold for 1,094,900 ounces.
The drilling program commenced in October 2012 has revealed high grade gold drill intersections leading to an increase in gold resources Zoroastrian deposits.
Excelsior claims that current drilling operation is delivering low cost resources with adding approximately 25 ounces of gold resources for each metre drilled.
The current drilling program including drilling of 17,000mts is expected to be completed by 2013 with additional updates in early 2013.
