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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
Comment by OliverZon Mar 06, 2020 1:20am
57 Views
Post# 30773611

RE:Otis Acquisition Timing

RE:Otis Acquisition TimingThey expect to close the transaction by mid-April.

As Otis was working for 2 years on the Plan of operation for drilling at Kilgore ( 22000m ) they should be able to start in june or earlyer. First Results can be expectet in that case in August/September ? and it will lead to a updated PEA early 2021 ?

Drilling at Silver City ? permission expected in the next month`s . Sound`s like result`s by end of the year as well.

Brendan said in a interview Platosa should be optimized by Q4.

Look`s like we will have new`s flow by end of year to early 2021 , so it would be nice to see 
that they wait for some of these event`s before consoldation.
Bullboard Posts