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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 Feb 14, 2021 9:45am
133 Views
Post# 32564250

RE:RE:Will Kilgore ever become a mine? Habitat vs mining article

RE:RE:Will Kilgore ever become a mine? Habitat vs mining article Liberty Gold (T.LGD) and Integra (V.ITR) are advanced exlorers in Idaho with a MC double and quadriple of the one of Exn. I do not own shares of Liberty and Integra, essentially thinking that owning Exn with its Kilgore project will provide me with exposure to mining in Idaho.

At least my thinking was aligned with how Exn management presented Kilgore as the next priority throwing huge NPV numbers of $US 300 Million.  Well, what is the value of a reserve containg 1 million plus gold  equivalent IF the project will never see mining. The short answer is ZERO or if you do not agree with me, just ask the out of luck shareholders of Northern Dynasty about their Alaska's Pebble project.



  


 
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