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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 an epithermal gold deposit which covers over 6,788 hectares, located in Clark County, Southeastern Idaho. The Silver City Project, a high-grade epithermal silver district in Saxony, Germany totaling over 340 square kilometers (km2). The Company also has an agreement to acquire the past-producing Mallay Silver Mine and Tres Cerros Exploration Project in Peru.


TSX:EXN - Post by User

Comment by Thales42on Feb 25, 2021 8:40am
175 Views
Post# 32656144

RE:RE:Platosa news

RE:RE:Platosa newsThe Gap Zone is the area above the current workings and its size is larger than existing mined zones.  It is a new discovery, so it needs extensive drilling first. The fact that the Gap Zone is situated above the water level is a major advantage.

Mining in Platosa has been "spotty", no question about it, but the bigger issue was that in the absence of sustained drilling to replenish mined ore, Platosa mine had a short LOM.  The problem was so dire that the company was considering other options such as focusing on Kilgore and Silver City instead.

 
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