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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 Dec 27, 2020 10:01am
176 Views
Post# 32185063

RE:Anchor Value of the Kilgore Project

RE:Anchor Value of the Kilgore ProjectExn mining in Aspen is very futuristic to me; I rather dwell in the present. That is why I keep banging on the importance on focusing on growing production in Platosa at any cost.

Exn is an optionality play.  Silver at $50 will see Exn generating $50 to $60 million FCF. If Exn double production at Platosa Exn will generate $100 -$120 million of that. Do not chase dreams, focus on the golden goose at hand.  
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