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Excellon Resources Inc T.EXN

Alternate Symbol(s):  EXNRF

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

Bullboard Posts
Post by keeper6on Oct 20, 2017 8:52am
119 Views
Post# 26835604

Drilling or something else?

Drilling or something else?
Assuming they are driving profits in Q3 of $2M and can continue at that rate over the next year or more why would they need $10M for drilling? How many drills can they possibly put in place such that they'd need $10M more than the $2M profitability? Is there something else they are looking at? Keeper6
Bullboard Posts