Excellon Resources Inc T.EXN

Alternate Symbol(s): EXNRF

Metals & Mining Industrial Metals & Minerals

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 an epithermal gold deposit which covers over 6,788 hectares, located in Clark County, Southeastern Idaho. The Silver City Project, a high-grade epithermal silver district in Saxony, Germany totaling over 340 square kilometers (km2). The Company also has an agreement to acquire the past-producing Mallay Silver Mine and Tres Cerros Exploration Project in Peru.

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Excellon Resources Inc

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Post by silverbull2019on May 14, 2018 11:56am

164 Views

Post# 28027036

hate to do this, but again...

Q2 guessimates:
200 tpd with 1000g AgEq
18000 ton x 1000g = 18,000,000g
18,000,000 / 30g = 600,000 oz
600,000 x ($16.50 avg silver - $7.00 AISC) = $5,700,000 gross profit
$5,700,000 - $1,700,000 (adm, tax, etc) =$4,000,000 net income

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