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Excellon Resources Inc T.EXN

Alternate Symbol(s):  EXNRF

Excellon Resources Inc. is engaged in the acquisition of advanced development or producing assets. The Company is advancing a portfolio of gold, silver and base metals assets including Kilgore, an advanced gold exploration project in Idaho, and Silver City, a high-grade epithermal silver district in Saxony, Germany. The Kilgore project is a caldera-related epithermal gold deposit which covers over 6,788 hectares, located in Clark County, Southeastern Idaho. The Silver City Project is comprised of four mineral licenses totaling over 340 square kilometers (km2).


TSX:EXN - Post by User

Bullboard Posts
Post by dastocknowon May 14, 2012 3:52pm
425 Views
Post# 19907384

Major Gold discovery!

Major Gold discovery!

The Company's 2012 winter diamond drilling campaign on the Beschefer Project was conducted between January and the end of March.  A total of 8,867 metres were drilled in 33 holes, which focused on expansion of the previously discovered "B-14 Zone," as well as testing other exploration targets on the property. The Beschefer Project is located 12 km east of the past-producing Selbaie Mine and 60 km northeast of the Casa Berardi Mine within predominantly intermediate to felsic volcanic rocks of the Harricana-Turgeon volcanic belt of the Brouillan volcanic complex.  Previous drilling results within the B-14 Zone included the interception of 12.4 gpt Au over 3.78 m including 63.5 gpt Au over 0.43 m in hole BE11-003, returned in the 2011 drilling campaign.  In a press release dated April 17, 2012, the Company disclosed that hole BE12-014 had intersected 13.07 gpt Au over 8.75 m including 58.5 gpt Au over 1.50 m.

This thing should double from here!

Bullboard Posts