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Excellon Resources Inc T.EXN

Alternate Symbol(s):  EXNRF

Metals & Mining Silver
Excellon Resources Inc. is engaged in the acquisition, exploration, and advancement of mineral properties. The Company is advancing a portfolio of silver, base metals and precious metals assets The Company’s project portfolio includes Kilgore, Silver City and Evolucion. The Company’s Kilgore project is an advanced gold exploration project in Idaho. The Kilgore gold project is located in Clark County, Southeastern Idaho. The Kilgore gold project comprises 614 lode mining claims and consists of approximately 6,788 hectares (ha). The Silver City is a high-grade epithermal silver district in Saxony, Germany. The Evolucion property covers 31.28 square kilometers (31,280 ha) and 17 km of strike along the Fresnillo trend, a silver district.


TSX:EXN - Post by User

Excellon Resources Inc
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Comment by dselon Aug 27, 2009 3:28am
531 Views
Post# 16253693

RE: Updated Excellon Valuation DD

RE: Updated Excellon Valuation DDI just realized that I didn't update some of the sample calculation for Scenario #1

The update should have read

Using Resource Stock Guide Silver Benchmark= US$1.60 per oz of silver in the ground get

  • 10,000,000 * 1169/31.1 * US$1.60=US$601,415,000 / 274,000,000 share = US$2.20/ share * 1.10= C$2.42 /share

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