Additional Information
Market: ASX
Sector: General Mining - Copper
EPIC: EXS
Latest Price: A$0.16  (-3.13% Descending)
52-week High: A$0.73
52-week Low: A$0.15
Market Cap: A$54.49M
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Exco Resources
www.excoresources.com.au

Exco Resources Ltd has a clear development strategy for its highly prospective project portfolio. The portfolio currently includes the White Dam Gold Project in South Australia and the Cloncurry Copper Project in NW Queensland.

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Exco Resources wins Queensland Explorer of the year award

28th Oct 2010, 10:05 am

Last night Exco Resources (ASX:ECS) won the Queensland Explorer of the Year award, at the Gold Coast Gold Conference, which is a Queensland based mining award.

Stockbrokers Patersons was behind the award.

Michael Anderson, managing director, was on hand to accept the award for Exco won due the company's successful Cloncurry Copper Project in north-west Queensland.

The Cloncurry  project is based in the highly prospective Mt Isa Block, and has an established resource base of above; 61Mt containing 519,400t of copper and 500,000 ounces of gold.

Exco is currently completing a definitive feasibility study on the project, with a 2012 production aim.

This week UK broker Fox Davies has penned a research report and retained its buy recommendation on the stock, with an unchanged target price of $0.85.

Exco shares last traded at $0.52.

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