4 March 2010

Exco is pleased to announce that the resource at the Company’s Mt Colin deposit has increased by 123% to 1.49Mt @ 2.47% Cu.  Mt Colin has been incorporated into the larger Cloncurry Copper Project (CCP) with the expectation that it could add significant high grade ore to the early mining schedule.

Exco is pleased to announce that it has issued  41,332,267 shares at 24.5 cents each to institutional and sophisticated investors to raise A$10,126,406 for the Company. These Securities were issued pursuant to the placement announced on 22 October 2009.  The placement funds will be used to proactively advance the Company’s portfolio of copper projects in north-west Queensland. Prioritisation and pre-planning has already been completed at key drill targets and work is scheduled to commence immediately.

Reverse Circulation (RC) drilling is scheduled to commence on a number of Exco’s key regional exploration prospects within the Cloncurry Copper and Hazel Creek Projects.  The drilling programmes have been planned both to follow-up on previous positive results at a number of prospects, and to focus on untested or partially tested geophysical anomalies.

The White Dam Probable Reserve has been upgraded and now contains a total of 4.94Mt @ 1.07 g/t Au for 170,400 Oz contained (@ 0.4 g/t cut-off).  The Reserve upgrade represents an increase of 21,400 ounces (up 14%) and 86% conversion of the Indicated Resource to Probable Reserve. Importantly the upgrade has been successful in satisfying the final conditions of the A$16M debt facility provided by Barclays Capital. The second tranche of A$3M is now available.

15 September 2009

Cloncurry Copper Project Environmental Impact Statement Submitted

Exco is pleased to announce the submission of the Cloncurry Copper Project (CCP) Environmental Impact Statement (EIS) to the Queensland Department of Environment and Resource Management (DERM).  The submission of the EIS is an important milestone in pursuit of the relevant approvals for the CCP, and is in line with the Company’s aim to be in production from the CCP by 2011.

11 September 2009

Financing Arrangements Completed for White Dam Gold Project

Exco and its joint venture partner Polymetals, have completed the arrangements for a debt financing facility of A$16M with Barclays Capital, for the construction and commissioning of the White Dam Gold Project JV in South Australia. Together with an equity investment of $7.5m by the joint venture partners, the financing will provide the total funding required for development of White Dam, including construction costs and working capital requirements.  Preliminary site works commenced in August 2009 and the project remains on track for production in the Q1 2010.

Indicated resources at the Cloncurry Copper Project (CCP) have increased by 22% to 28.0Mt @ 0.91% Cu and 0.25 g/t Au.

An additional 5Mt of resources at the E1 Camp have been classified as Indicated. The Company’s interim goal of over 25 Mt of Indicated resources within the CCP has now been achieved. These latest resource upgrades provide the basis for the definition of a 25-30Mt mineable reserve, capable of sustaining a 2.5 to 3Mtpa operation over a 10-year project life, centered at the E1 Camp. Total resources for the CCP comprise 51.0Mt @ 0.83% Cu & 0.23 g/t Au with 60% of the contained copper now within Indicated resources.