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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 silverforeveron Jul 30, 2021 8:51am
183 Views
Post# 33631199

RE:RE:Excellon Reports Q2 2021 Financial Results...

RE:RE:Excellon Reports Q2 2021 Financial Results...IMO no surprises here. The company disclosed in their Q2 production results that  "the combination of mill maintenance in early June and weather conditions in late June resulted in sizeable stockpiles of ore (1,634 tonnes) and concentrate (154 tonnes of lead and 134 tonnes of zinc) at quarter-end, which were processed and/or delivered in early July". The good news is that the income from these materials will give a big boost to Excellon's Q3 income and financials. Also one of the company's 'Marketable Securities' Wallbridge Mining Co stock is down over 60% from its highs and is also starting a rebound in price which should add to 'Cash and  Marketable Securities' in Q3. Drilling and Exploration looks to be right on schedule and just waitng for the next big discovery. 
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