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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 gildageon Sep 06, 2017 7:16pm
182 Views
Post# 26663936

RE: NR drill results

RE: NR drill results"EXCELLON DRILLS 2,255 G/T SILVER EQUIVALENT OVER 11.1 METRES AT PLATOSA"

This means that a some point before the end of the year EXN will be mining 2255 g/t times $17.80/ton  = $40,139/ton. At the new rate of 300 tons per day, (and less than 90% recovery), this would result in over $10,000,000 per DAY! ....makes U wonder how many days resource they have of these kind of values...!  Can't wait for the resource estimate.!

Mind boggling cash flow will result from this 623 corridor!....and beyond.

My warrants are looking pretty good by 1st quarter 2018 I think.

I will sleep happy tonight, even with $0.03 correction today. Who the heck would sell these shares after such a news release, and the success of the de-watering program?

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Bullboard Posts