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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 Feb 01, 2021 5:39pm
182 Views
Post# 32440663

RE:RE:Excellon Resources Intersects 1,170 G/T Silver Equivalent Ov

RE:RE:Excellon Resources Intersects 1,170 G/T Silver Equivalent OvJcw604, LOL, if Exn starts reporting such high grade results in hundreds of meters, then we are really back in business and we all will be millionaires.

First, consider the cost of drilling.  Nowadays if you own your own drills and have the qualified company drillers the cost is roughly around $200 Cad per a meter of drilling; if you hire outside contractors the the cost doubles to $400. 


What you see in the press release are the selected, good hits only, but not the lenght of the drill hole.  One way to guestimate how many meters of drilling is if we know how much money Exn spent on driling at Platosa and over what period of time.

  



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