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Excellon Resources Inc. T.EXN

Alternate Symbol(s):  EXNRF

Excellon's vision is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of our employees, communities, and shareholders. The company is advancing a precious metals growth pipeline that includes: Kilgore, an advanced gold exploration project in Idaho with strong economics and significant growth and discovery potential; an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history.


TSX:EXN - Post by User

Comment by Thales42on Nov 18, 2020 8:43am
144 Views
Post# 31920909

RE:Hecla

RE:HeclaThe deal is not off; at the time of the deal hecla and Exn negotiated processing ore that was mined in excess of 500 tpd Hecla mill in San Sebastian. More recently, Hecla cut production in half and is using their own mill.  San Sebastian mine like Exn mine in Platosa needs to replenish its reserves.

The above point is also relevant to whether Exn needs to accelerate exploration and development in Evolucion to utilize Miguel Auza plant capacity.  Fast tracking development of Evolucion is one of Exn options, but Exn must act and not sleep on it.  


 
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