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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

Comment by Thales42on Nov 18, 2020 8:43am
161 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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