NOTE A

9 Months Ended

Feb. 28, 2013

Accounting Policies [Abstract]

NOTE A

NOTE A

Ÿ The information in this report is unaudited and includes the consolidated financial information of Excalibur Industries and its wholly owned subsidiary, Mountain West Mines, Inc.

Ÿ In the opinion of Management, the foregoing financial information fairly presents results of operations during the periods represented.

Ÿ In the opinion of Management, all material adjustments have been recorded to arrive at the amounts reported, and all significant inter-company transactions have been eliminated from these statements.

Ÿ Equipment includes capitalized acquisition costs of $2,354 at February 28, 2003 and at November 30, 2002.