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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 pierre013on Jan 24, 2018 2:07pm
196 Views
Post# 27425378

Production guess for 2018-2019

Production guess for 2018-2019EXN are ramping up the production right now. 2017 Q4 was at 475,000 Ag equivalent ounces and 2017 full year was at 1,5 M. Ag. eq.ounces. So I think that the production for 2018 will be around 3 M.ounces(double 2017) to arrive at 4 M.ounces for 2019.

Q1:  600,000 ounces
Q2: 700,000 ounces
Q3: 800,000 ounces
Q4: 900,000 ounces

On the xploration side, the comparison made in the last post tells me that most of the people don't know the steps for exploration. I will try tofind a comprehensive link on it. What Osisko is doing is the final step to establish a mine plan with reserves just  before a construction decision.
What EXN is doing for the skarn discovery is more similar to graasroot exploration.The resistance to watch for now on the silver priceis 17,58. Pass there,it will be 18,50,after that it's all to the races.


Bullboard Posts