RE:NEWS- Excellon Reports Second Quarter 2016 ProductionFrom the Aug 2nd News Release:
"Production during the second quarter remained steady and slightly improved from Q1," stated Brendan Cahill, President and Chief Executive Officer.
"As a result of drier underground conditions, we accessed the second level of the Rodilla Manto where further high grade mineralization was mined. With operations on firmer track as a result of our continued efforts to improve operational efficiencies, we expect these improvements to reflect well in our operating costs during the quarter, further benefitted by higher commodity prices. As we move into the third quarter of 2016, we intend to remain focused on improving our operations through the ongoing optimization program, while carrying out exploration drilling near existing infrastructure and following up on high priority, drill-ready targets."
CAVEAT EMPTOR
FWIW
Cheers
Stanley