RE: RE: What do I want to see !1. Is their silver sold at a fixed cost just now?
Excellon Resources Inc. (TSX: EXN) is pleased to announce that it has entered into a long-term off-take agreement to sell its lead-silver and zinc-silver concentrates to Consorcio Minero de Mexico Cormin Mex, S.A. de C.V. ("Cormin Mexico"), a Trafigura Group Company.
2. Why arent they assembling the Platosa Mill generating cash instead of burning it.
They got a mill as part of the Silver Eagle buy so did not build one on thier site
3. How much silver do they actually have in a 43-101?
| Deposit | Tonnes | Ag g/t | Pb % | Zn % | NSR $ |
| San Martin/Sabinas | 80 m | 125 | 1.0 | 4.0 | 132 |
| Santa Eulalia | 50 m | 310 | 8.0 | 7.5 | 270 |
| Naica | 35 m | 213 | 4.0 | 5.6 | 194 |
| Ojuela | 6 m | 475 | 15.0 | 10.0 | 482 |
| La Encantada | 3 m | 250 | 5.0 | 7.0 | 209 |
| Platosa Mantos | 579,000 | 909 | 9.1 | 10.5 | ± 600 |
4. Why no updates on the water problems so little RNS,s Just how serious is this???
Excellon Resources Inc. (TSX: EXN) reports that production at the Platosa Mine continues at a reduced rate, however, has increased in the last month. On August 18, 2010, the mine suffered a sudden water inflow and fourteen days of production were lost (see press releases dated August 23, August 26 and September 1, 2010). Following reestablishment of the stockpile at Miguel Auza milling recommenced on September 11th.The Company’s objective is to return to previous production levels and grades as early as possible in 2011. Planning for 2011 continues and the Company will provide an additional update as this work is completed.
| Actual and Forecasted Production for the third and fourth quarters of 2010 are shown in the table below. Period | Tonnes | Ag (g/t) | Pb (%) | Zn (%) |
| Q3 July 1 – Sept. 30 (actual) | 12,391 | 848 | 5.94 | 7.27 |
| Q4 Oct. 1 – Dec. 31 (forecast) | 11,200 | 600 | 5.20 | 5.20 |
5. Is Sprott still invested here or has he moved on.
Don't know
6. Are they still down to 1 drill?
Yes the plan is to get back to full capacity, use the detailed reports to more accurately target drill locations.
Keeper