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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 Marine2on Mar 12, 2022 1:48pm
260 Views
Post# 34509152

RE:RE:EXN the stock to own today Top of the top 10 !

RE:RE:EXN the stock to own today Top of the top 10 !

silverforever

 

Thanks for addressing the big picture here, (takeover by new shareholders) no way could 36 million shares change hands in one day without a change of ownership, there are only 33 m shares out.

 

As you pointed out timing played it self out to the big event “new discovery”  "new shareholdes and here we are up over 60% in one day,  “300% since its February low”  !

 

Now it’s a matter of with who (new shareholders) and where they takes us, someone knows there is more gold at Kilgore and the timing could not be better with gold near $2,000 oz.

 

I would like to see a $10 million drill program at Kildore !

 “define vertical to sub-vertical high-grade zones within the existing mineral resource and to depth in the underlying Aspen formation” and drilling comprises two phases to define structures associated with high-grade gold emplacement through the first applications of modern downhole survey and core orientation equipment at Kilgore, including (i) the confirmation of historic high-grade intercepts within the Kilgore deposit and (ii) exploration along trend and at depth focused on defined geophysical, geochemical and structural features associated with gold mineralization.

Drill, Drill, Drill !

M2

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