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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

Comment by Thales42on Nov 18, 2020 8:43am
164 Views
Post# 31920909

RE:Hecla

RE:HeclaThe deal is not off; at the time of the deal hecla and Exn negotiated processing ore that was mined in excess of 500 tpd Hecla mill in San Sebastian. More recently, Hecla cut production in half and is using their own mill.  San Sebastian mine like Exn mine in Platosa needs to replenish its reserves.

The above point is also relevant to whether Exn needs to accelerate exploration and development in Evolucion to utilize Miguel Auza plant capacity.  Fast tracking development of Evolucion is one of Exn options, but Exn must act and not sleep on it.  


 
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