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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 Aug 29, 2022 1:07pm
262 Views
Post# 34927143

RE:Otis Gold

RE:Otis Gold
Excellon's market cap is about US$4 million less than It paid for Otis gold which at the time was considered a steal. That was when the price of gold was  in the US$1,600's and before a new drilling plan at Kilgore was approved and being implemented and mineral estimates at Kilgore were increased based on reviews of previous drilling data. Add to that the value of Excellon's Mexican properties, drilling at Oakley and Silver City and IMO that's where Excellon's market cap will get to  quickly once Excellon's new CEO cleans up all the screw ups the previous one left him.  
 
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