TORONTO, ONTARIO--(Marketwired - Feb 28, 2014) - Excalibur Resources Ltd. ("Excalibur" or the "Company') (CNSX:XBR)(EXCFF)(X9CN.F) announces that it has granted an aggregate of 3,800,000 incentive stock options to purchase common shares at $0.12 per share to directors, officers and consultants, for a period of five years, in accordance with its Stock Option Plan.

Excalibur Resources Ltd. is a junior exploration mining company focused on the discovery, development and mining of economically viable precious metal mineral resources.

On behalf of the Board of Directors

Tim Gallagher, Chairman & CEO

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.