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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 Apr 20, 2020 10:04am
137 Views
Post# 30929295

RE:RE:RE:RE:Otis value

RE:RE:RE:RE:Otis value Thank you Thales, as the PEA shows "only" 81$ initial capital is needed and the strip ratio from almost 1:1 makes it even with the low grade material minable beause the low grade ( 0,58 ) oxide material is just below surface wich is good the underlying aspen formation shows higher grades from 1-5gt over 30-100m  but its not oxide and needs to be crushed thats why the mine plan shows 15kt ROM and 15kt Crush per day.
The talked about in the past to bring Kilgore in 2022/23 in prouction but it all depence if the money is there to push it or not.

Silver City, sounds like a brother Grimm story but i can say Saxony is verry supportive for buisness and it seems to make sense to go after that story.
Many people are may concerned about germany and mining but we are one of the largest`s economys in the world and if you follow the rules its a save place for any kind of buisness especial this part of germany still needs any kind of buisness that they can get because the east part of gernany is still a bit under developed.

hope it helps 
Bullboard Posts