Jan 8 (Reuters) - Excelsior Gold Ltd EXG.AX :
* Excelsior Gold buys out joint venture interest EXG.AX
* Acted to extinguish joint venture obligations on mining lease m24/943 and finalised the purchase of remaining 5% interest in the tenement
* Says company has paid A$120,000 for the 5% interest and now holds an unencumbered 100% interest in m24/943
* Pit is scheduled to produce approximately 38,500 tonnes of ore grading 2.50g/t au by the end of February 2016"
* Source text for Eikon ID:nASX1JNBcL