Excellon Resources Inc. T.EXN

More good news on drilling at Platosa

[silverforever]

Excellon Drills 2,860 g/t Silver Equivalent Over 7.5 Metres at Platosa

Toronto, Ontario – October 5, 2021 – Excellon Resources Inc. (TSX:EXN, EXN.WT; NYSE:EXN; FRA:E4X2) (“Excellon” or the “Company”) is pleased to announce results from underground drilling at the Platosa Mine in Durango, Mexico.

Highlights

• Further high-grade results from the 623, NE-1S, and Guadalupe South mantos, with diamond drilling results from underground including:
  • 2,860 g/t silver equivalent (“AgEq”) over 7.5 metres (1,570 g/t Ag, 10.4% Pb, 29.6% Zn and 0.1 g/t Au) and 667 g/t AgEq over 2.5 metres (479 g/t Ag, 4.6% Pb and 2.0% Zn) in EX21UG690;
  • 2,009 g/t AgEq over 3.1 metres (1,214 g/t Ag, 8.3% Pb and 16.9% Zn) in EX21UG687;
  • 5,574 g/t AgEq over 0.8 metres (5,052 g/t Ag, 18.4% Pb, 1.3% Zn and 0.1 g/t Au) in EX21UG641;
  • 742 g/t AgEq over 4.8 metres (391 g/t Ag, 6.6% Pb and 5.3% Zn) in EX21UG633;
  • 5,432 g/t AgEq over 0.6 metres (5,012 g/t Ag, 15.8% Pb, 0.4% Zn and 0.1 g/t Au) in EX21UG673;
• Underground drilling continues to define and delineate mineralization for 2021 and 2022 production; and
• Potential new zone of high-grade mineralization discovered in EX21UG690 below historically mined zone in Guadalupe South, with upcoming drilling to test vertical attitude and extent.

Link 

https://finance.yahoo.com/news/excellon-drills-2-860-g-110000705.html

Excellon Drills 2,860 g/t Silver Equivalent Over 7.5 Metres at Platosa TORONTO, Oct. 5, 2021 /CNW/ - Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) ("Excellon" or the "Company") is pleased to announce results from underground drilling at the ... finance.yahoo.com

[OliverZ]

The point here is not to find more Silver at Platosa , its more about to bring the AISC down to a more or less normal lvl otherwise they produce only more Silver without making any money.

[silverforever]

Oliver. Excellon's CEO has already committed in the past year to $15AISC. The company continues to state for the 'Short Term'; "Ongoing improvements in Platosa’s production and cost profiles". He, and the BOD for that matter, cannot afford not to make this happen and soon or they will run the risk of losing even more credibility that already looks to be at rock bottom based

[Thales42]

The promised $15 AISC by the CEO is well, just a promise. Before that he was promising $9 AISC for those who remember.  Speaking about promises, were we not conditioned to expect exploration resumptions in H2 and drill results from Idaho and what do you make out of Michael Oliver leaving?  

[Marine2]

Silver Great news on drill results  (2,860 g/t Silver Equivalent Over 7.5 Metres at Platosa)  nothing to sneezes at, good velue rock ! I don't think anything will happen with our share price untill  this litigation involving Miguel is delt with. Lets hope some good news comes on that front ! M2

[LRM9]

Giive Miguel & Co.... two millions shares of Excellon .... price will rocket to $$$$$ and therefore they will cash in and obtain their $ claimed?????