Exco Resources Limited

Exco Resources Limited (ASX:EXS)(PINK:EXRSF) is pleased to announce that is has executed a placement agreement to raise A$7.2m (before expenses) through the issue of approximately 30.6 million shares at 23.5 cents each. The primary purpose of the placement is to fund Exco's share of development costs for the White Dam Gold Project.

Exco Resources Limited's (ASX:EXS)(PINK:EXRSF) Managing Director, Mr Michael Anderson, will be presenting at 4.20pm today (WST) at the AMEC 2009 National Mining Congress, which is being held at the Perth Exhibition and Convention Centre.

Exco Resources Limited (ASX:EXS)(PINK:EXRSF) Announce The Cloncurry Copper Project, located approximately 40km north east of the town of Cloncurry, includes both exploration and mining leases, and a resource base of in excess of 51Mt at 0.84% copper and 0.23g/t gold. The centre of gravity for the project is the E1 Camp located 8km east of the existing Ernest Henry Mine owned by Xstrata, in a region well serviced by infrastructure.

Exco Resources Limited (ASX:EXS)(PINK:EXRSF) has recently received Mining and Rehabilitation Program Approval (MARP) for the joint venture development of its White Dam Gold Project in South Australia.

At the end of the March quarter Exco Resources Limited (ASX:EXS)(PINK:EXRSF) has A$3.8m in cash, which ensures that the Company will remain adequately funded to achieve our key objectives for the foreseeable future.

At the end of the March quarter Exco Resources Limited (ASX:EXS)(PINK:EXRSF) has A$3.8m in cash, which ensures that the Company will remain adequately funded to achieve our key objectives for the foreseeable future.

Exco Resources Limited (ASX:EXS)(PINK:EXRSF) The White Dam Gold Project is located in South Australia; approximately 80kms west of Broken Hill. Implementation planning for the project is at an advanced stage with approval of a Mining and Rehabilitation Programme (MARP) having been recently received (see previous announcement on 7 April 2009).

Exco Resources Limited (ASX:EXS)(PINK:EXRSF) The White Dam Gold Project is located in South Australia; approximately 80kms west of Broken Hill. Implementation planning for the project is at an advanced stage with approval of a Mining and Rehabilitation Programme (MARP) having been recently received (see previous announcement on 7 April 2009).

Exco Resources Limited (ASX:EXS)(PINK:EXRSF) The White Dam Gold Project is located in South Australia; approximately 80kms west of Broken Hill. Implementation planning for the project is at an advanced stage with approval of a Mining and Rehabilitation Programme (MARP) having been recently received (see previous announcement on 7 April 2009).

AUDIO: Exco Resources Limited (ASX:EXS)(PINK:EXRSF) provides the opportunity to listen to an audio broadcast with Mr Michael Anderson, MD in a presentation titled "EXS - Cloncurry Copper Project Resources Grow to 51Mt".