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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 Nov 16, 2021 12:39pm
141 Views
Post# 34132423

RE:RE:RE:Q3 Financials out

RE:RE:RE:Q3 Financials outdrilling vigorously, eh?!!  Hisandlos, something does not add up in your analysis.  If Exn had cash they would have drilled in Idaho and yet we do not hear anything about what was marketed as the company future. 

If they had cash they would be running their FOUR drills in Platosa different zones around the clock.  Instead  what we hear is about infill drilling under the water level in Plattosa mine.

Here is what reall drilling is all about.  I have a junior explorer mining in central America who is utilizing just one drill.  These guys started drilling in April and since then has reported five consequitive, promissing results in multiple locations. So they do first they ground study and identify prospective zone and drill; next they move the drill around the property and do the same.  They are so good that wihin 6 months it is possible to estimate 400 to 500,000 ounces of gold equivalent resources at the back of a napkin.  

Back to Exn,  either they do not have cash to drill or worse do not know what they are doing.

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